As Disney writes off its Vice investment, 10 Vice stories to help staffers cope: Publisher’s Brief

Welcome to the latest edition of Ad Age Publisher’s Brief, our roundup of news from the world of content producers across digital and print. Got a tip? Send it our way. Joining us late? Here's the previous edition. As Angela Doland notes in Ad Age’s Wake-Up Call this morning, citing a Vox/Recode report, Disney has written off its investment in Vice. Not a good week for Vice CEO Nancy Dubuc (recently profiled by Ad Age’s Jeanine Poggi) and her team. Recode’s Peter Kafka puts the development in stark terms in two tweets: Here, again, with context: Disney has written off its entire stake in Vice — the $400 million it put in directly, plus its A&E stake, its Fox stake, etc. All gone. https://t.co/9Bk7hptyJg — Peter Kafka (@pkafka) May 9, 2019 Disney still owns its stake, obviously. And some investors think Vice is worth something, which is why it could borrow a fresh $250 million this month. Still a stunning turnaround. — Peter Kafka (@pkafka) May 9, 2019 Let’s be brutally honest here. Many media people, who spent the last several years scoffing at Vice’s ever-increasing supposed valuation, wondered why it took so long for this day to come. The boundless hubris of Vice co-founder and longtime CEO Shane Smith—who last year kicked himself upstairs to executive chairman when Dubuc came on board—has been a bit hard to take. Flashback to August 2016, when Smith, in a Financial Times story headlined “Vice chief predicts old media ‘bloodbath,’” surveyed the M&A... Continue reading at 'Advertising Age'

[ Advertising Age | 2019-05-10 00:00:00 UTC ]
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Other Publishing stories related to: 'As Disney writes off its Vice investment, 10 Vice stories to help staffers cope: Publisher’s Brief'


Google backs French digital publishing innovation initiative with €60 million incentive

Google's long had a contentious relationship with France. But it seems the Mountain View-based company has come up with a way to squash that problem: by throwing money at it. Taking to the company's official blog today, Chairman Eric Schmidt announced the creation of a €60 million Digital... Continue reading at Engadget

[ Engadget | 2013-02-02 00:00:00 UTC ]
More news stories like this | News stories tagged with: #contentious relationship #increase revenues #publishing houses #digital offerings #search giant #cultural center #bottom line


Should Publishers Open Bookstore Cafes? They Are in Korea

In what's become a trend, Korean publishers are opening popular bookstore cafes. Should more Western publishers follow suit or is bookselling no longer part of their DNA? Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2013-02-01 00:00:00 UTC ]
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Publishing Gains Support At Kickstarter

Last year was a big one for publishing on Kickstarter. The Web site is the most popular crowdfunding online destination, with 1,666 projects successfully funded in the publishing category, and a total of $11,057,252 pledged. In addition, $8,482,598 was raised for comics, which are listed as a... Continue reading at Publishers Weekly

[ Publishers Weekly | 2013-02-01 00:00:00 UTC ]
More news stories like this | News stories tagged with: #publishing category #web site #separate category


New scorecard lets libraries give feedback on ebook offerings from publishers

The American Library Association has created a scorecard that asks library workers to grade publishers on the way that they are offering ebooks for lending. Continue reading at The Christian Science Monitor

[ The Christian Science Monitor | 2013-01-30 00:00:00 UTC ]
More news stories like this | News stories tagged with: #ebook offerings #offering ebooks


Quercus directors up investment in company

Quercus chief executive Mark Smith (pictured), chairman David Potter and c.f.o. Colin Adams have... Continue reading at The Bookseller

[ The Bookseller | 2013-01-30 00:00:00 UTC ]
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The Publisher’s Anxiety at the Electronic Book

Despite the advances in digital books and storytelling technology, Penguin executive Jeff Gomez says that publishers have so far focused on the wrong things. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2013-01-28 00:00:00 UTC ]
More news stories like this | News stories tagged with: #electronic book #digital books


Curtis Brown launches Jeffrey Archer Short Story Prize

Curtis Brown has teamed up with Kobo to launch a short story competition, to be judged by author... Continue reading at The Bookseller

[ The Bookseller | 2013-01-28 00:00:00 UTC ]
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Husain urges publishers: 'act now to keep bookshops'

The c.e.o. of Foyles has called for publishers and suppliers to support bookshops with better... Continue reading at The Bookseller

[ The Bookseller | 2013-01-28 00:00:00 UTC ]
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Bologna Children’s Book Fair Honors “Best Publishers” with New Prizes

To mark its 50th anniversary the Bologna Children’s Book Fair, will award six new prizes for publishers at the "forefront of innovation" and "creative editorial choices." Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2013-01-28 00:00:00 UTC ]
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Lance Armstrong and His Publishers Sued for Fraud, False Advertising

Two California men have sued Lance Armstrong and his book publishers for fraud and false advertising, claiming that Armstrong's two best-selling memoirs were bunk. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2013-01-25 00:00:00 UTC ]
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HoZ and AudioGO to co-publish on audio

Head of Zeus and AudioGO are to co-publish audiobook versions of titles in light of the audio... Continue reading at The Bookseller

[ The Bookseller | 2013-01-25 00:00:00 UTC ]
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Aurum Publishing Group created

The group title under which the combined lists of Frances Lincoln, Aurum Press, Jacqui Small,... Continue reading at The Bookseller

[ The Bookseller | 2013-01-25 00:00:00 UTC ]
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Why WHSmith Remains the Most Remarkable Story in UK Bookselling

A tightly focused strategy on maintaining margins has enabled WHSmith to persist after than two centuries at the heart of UK bookselling, inspiring admiration and ire alike. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2013-01-24 00:00:00 UTC ]
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Readers sue Armstrong and US publishers

Two US book buyers are suing cyclist Lance Armstrong and his publishers Random House US and... Continue reading at The Bookseller

[ The Bookseller | 2013-01-24 00:00:00 UTC ]
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Vickers and Okereke shortlisted for Costa short story prize

Salley Vickers and Chiome Okereke are among the authors shortlisted for the Costa Short Story... Continue reading at The Bookseller

[ The Bookseller | 2013-01-24 00:00:00 UTC ]
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Goldsmiths launches £10,000 literary prize

A new £10,000 literary prize rewarding original fiction has been launched by Goldsmiths,... Continue reading at The Bookseller

[ The Bookseller | 2013-01-23 00:00:00 UTC ]
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Support for Seven Stories as it fights funding cut

Seven Stories, the national centre for children's books, is making a final push to galvanise... Continue reading at The Bookseller

[ The Bookseller | 2013-01-23 00:00:00 UTC ]
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S&S to publish Robson Green's 'Extreme Fishing'

Simon & Schuster is set to publish an “angling adventure full of drama” titled... Continue reading at The Bookseller

[ The Bookseller | 2013-01-22 00:00:00 UTC ]
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Publishing cheer for interesting reads

Which writers (apart from EL James and Suzanne Collins) are dominating the best-selling book lists? Continue reading at BBC News

[ BBC News | 2013-01-21 00:00:00 UTC ]
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Jacqui Small to publish illustrated ebooks

Aurum imprint Jacqui Small Publishing is moving into the illustrated ebook market, starting next... Continue reading at The Bookseller

[ The Bookseller | 2013-01-21 00:00:00 UTC ]
More news stories like this | News stories tagged with: #jacqui small