AT&T Inc. is weighing a sale of its regional sports networks as part of a plan to cut as much as $8 billion in debt by the end of the year, according to people familiar with the matter. The four regional networks, which includes rights to teams such as the hockey’s Pittsburgh Penguins, basketball’s Houston Rockets and baseball’s Seattle Mariners, could fetch close to $1 billion, according to the people, who asked not to be identified as the deliberations are private. Sinclair Broadcast Group Inc., which agreed in May to buy 21 Fox regional sports networks from Walt Disney Co. for $9.6 billion, could be among the potential buyers, the people said. John Malone’s Liberty Media Corp. and Ice Cube’s Big3 U.S. basketball league were among the other bidders for the Fox assets. AT&T hasn’t started a formal process to sell the networks, and there are no guarantees a deal will be announced, the people said. The four networks are AT&T SportsNet Pittsburgh, AT&T SportsNet Rocky Mountain (Utah, Nevada and Colorado), AT&T SportsNet Southwest (parts of Texas and Louisiana) and Root Sports Northwest (Alaska, Washington and Oregon). The four networks have rights to more than two dozen pro teams, college programs and NCAA conferences. A representative for AT&T declined to comment, while Sinclair didn’t respond to requests for comment. A sale of the regional sports networks—known as must-see content for avid fans—highlights AT&T’s ongoing struggle to fix a... Continue reading at 'Advertising Age'
[ Advertising Age | 2019-07-02 19:54:11 UTC ]
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ViacomCBS is planning to sell Simon & Schuster, it was announced today (4th March). Continue reading at The Bookseller
[ The Bookseller | 2020-03-03 20:59:41 UTC ]
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Many digital publishers looking for alternative revenue streams to advertising turn to subscriptions and commerce. But Minute mMedia, home to Continue reading at Editor & Publisher
[ Editor & Publisher | 2020-03-03 18:30:12 UTC ]
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His literary fantasies and larger-than-life exploits swirled together for decades. He wrote some 70 books, selling no fewer than 100 million copies, and located scores of shipwrecks. Continue reading at The New York Times
[ The New York Times | 2020-02-26 17:57:43 UTC ]
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Every assistant sifting through the slush pile, dreaming of selling their own novel, can now focus on the tale of Zakiya Harris, a former assistant editor who just sold her debut to Atria in a seven-figure deal. Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-02-21 05:00:00 UTC ]
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Every assistant sifting through the slush pile, dreaming of selling their own novel, can now focus on the tale of Zakiya Harris, a former assistant editor who just sold her debut to Atria in a seven-figure deal. Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-02-21 05:00:00 UTC ]
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Publishing Scotland names its latest round of translation grants. And the Frankfurt Book Fair's Literary Agents and Scouts Center is sold out. The post Publishing Scotland Funds 14 Translations; Frankfurt’s LitAg Sells Out appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2020-02-18 16:30:25 UTC ]
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The Telegraph Sports Book Awards has announced a new prize for children’s titles and made the National Literacy Trust its charity partner for 2020. Continue reading at The Bookseller
[ The Bookseller | 2020-02-18 15:25:53 UTC ]
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Novelists rub shoulders with presidents, chefs, comedians and thriller megastars on longlist to define the title with the biggest impact on the book worldIt could be almost the setup for a joke, but a former president, a Booker winner and an erotic fiction superstar have walked on to the British... Continue reading at The Guardian
[ The Guardian | 2020-02-14 06:01:23 UTC ]
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"Fence: Striking Distance," Sarah Rees Brennan's YA novel adapted from the "Fence" comics, will go into the characters' "how" and "why," she says. Continue reading at Los Angeles Times
[ Los Angeles Times | 2020-02-03 16:00:05 UTC ]
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This week, Jabari Asim reviews a collection of short stories by Zora Neale Hurston. In 1978, Henry Louis Gates Jr. wrote for the Book Review about Robert Hemenway’s “Zora Neale Hurston: A Literary Biography.” Continue reading at The New York Times
[ The New York Times | 2020-01-24 10:00:06 UTC ]
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Pushkin Press has sold North American rights to Penguin Books US for How to be a Fascist by Italian author and politician Michela Murgia. Continue reading at The Bookseller
[ The Bookseller | 2020-01-14 03:52:42 UTC ]
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If you didn't manage to snag a Kindle on Black Friday, you have another chance to buy one at a steep discount. Amazon is currently offering $45 off the newest Kindle Paperwhite ($85) and $30 off the latest Kindle ($60). These are historic lows, and w... Continue reading at Engadget
[ Engadget | 2020-01-13 16:27:00 UTC ]
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Audience Network, which has been on shaky ground since parent company AT&T bought Time Warner (now called WarnerMedia) in 2018, will soon be no more. AT&T said on Wednesday that it is pulling the plug on Audience Network, and will "transition" it this spring to a preview channel for HBO... Continue reading at AdWeek
[ AdWeek | 2020-01-09 00:45:55 UTC ]
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Sports media will rush to embrace gambling in 2020. With sports book operators hungering for new customers in a growing Continue reading at Editor & Publisher
[ Editor & Publisher | 2019-12-26 16:15:53 UTC ]
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According to NPD Bookscan—not perfect, as we all know, but the best the industry’s got—the best-selling book of the last decade in the United States was . . . well, I’m sure you guessed it before you ever clicked here. It was E. L. James publishing phenomenon Fifty Shades of Grey, which which... Continue reading at Literrary Hub
[ Literrary Hub | 2019-12-20 15:04:49 UTC ]
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This week, Lauretta Charlton reviews Darryl Pinckney’s collection of essays “Busted in New York.” In 1992, Edmund White wrote for the Book Review about “High Cotton,” Pinckney’s debut novel about a young black man coming of age. Continue reading at The New York Times
[ The New York Times | 2019-12-20 10:00:00 UTC ]
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U.K.-based publisher Pearson is selling its last shares in Penguin Random House, representing 25% ownership of the company, to Germany's Bertelsmann, which will now have 100% ownership of the company. Continue reading at Publishers Weekly
[ Publishers Weekly | 2019-12-18 05:00:00 UTC ]
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Pearson is selling its remaining 25% stake in Penguin Random House to Bertelsmann, as its c.e.o. John Fallon prepares to retire next year. Continue reading at The Bookseller
[ The Bookseller | 2019-12-18 01:20:40 UTC ]
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Tyson Fury and Ben Stokes have been longlisted for Autobiography of the Year at the Telegraph Sports Book Awards 2020. Continue reading at The Bookseller
[ The Bookseller | 2019-12-16 23:09:52 UTC ]
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The Scottish Parliament is considering plans to give local authorities more control over business rates, sparking "extreme concern" from the Booksellers Association. Continue reading at The Bookseller
[ The Bookseller | 2019-12-16 03:18:34 UTC ]
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