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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Amazon has opened a storefront and publishing platform for people to buy and sell K-12 educational materials. People who create such resources can upload them for others to purchase. Continue reading at Engadget
[ Engadget | 2019-11-12 15:32:00 UTC ]
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Eric Carle, the author and illustrator behind such children's classics as The Very Hungry Caterpillar, has decided at the age of 90 to sell his company to Penguin Random House. Continue reading at The Bookseller
[ The Bookseller | 2019-11-06 09:00:10 UTC ]
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Mere weeks after activist investor Elliott Management publicly pressed AT&T to slash costs and dial down its acquisitions strategy, it appears as if Chairman-CEO Randall Stephenson has knuckled under to those demands. Speaking today on AT&T’s third-quarter earnings call, Stephenson laid... Continue reading at Advertising Age
[ Advertising Age | 2019-10-28 20:32:03 UTC ]
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Welcome to the another edition of Ad Age Sports Media Brief, a weekly roundup of news from every zone of the sports media spray chart, including the latest on broadcast/cable/streaming, sponsorships, endorsements, gambling and tech. Rock for Light The World Series tonight returns to the... Continue reading at Advertising Age
[ Advertising Age | 2019-10-25 21:12:59 UTC ]
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Oxford University Press has snapped up the stand-alone debut children’s novel from BBC Sports reporter Joe Wilson. Continue reading at The Bookseller
[ The Bookseller | 2019-10-24 19:41:15 UTC ]
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Meredith Corp. has sold the Money magazine brand to Ad Practitioners LLC, a three-year-old Puerto Rico-based media and advertising startup behind the product review site ConsumersAdvocate.org, both parties announced Tuesday morning. Terms of the deal were not disclosed. One of a handful of... Continue reading at Folio Magazine
[ Folio Magazine | 2019-10-22 16:06:17 UTC ]
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Hodder & Stoughton has scooped two nominations on this year’s William Hill Sports Book of the Year Award shortlist. Continue reading at The Bookseller
[ The Bookseller | 2019-10-21 17:35:28 UTC ]
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Welcome to a special calamity edition of Ad Age Sports Media Brief, a weekly roundup of news from every zone of the sports media spray chart, including the latest on broadcast / cable / streaming, sponsorships, endorsements, gambling and tech. Welp Perhaps the primary function of sports, that... Continue reading at Advertising Age
[ Advertising Age | 2019-10-18 21:21:01 UTC ]
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The S&S Selects PrePub Tour sends authors of books due out next season from Simon & Schuster’s five adult imprints across the country to schmooze with literary tastemakers around the country. Continue reading at Publishers Weekly
[ Publishers Weekly | 2019-10-18 04:00:00 UTC ]
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The free expression nonprofit has opened six regional chapters across the United States in order to spread the reach of its advocacy for freedom of speech beyond the coasts. Continue reading at Publishers Weekly
[ Publishers Weekly | 2019-10-16 04:00:00 UTC ]
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Welcome to the another edition of Ad Age Sports Media Brief, a weekly roundup of news from every zone of the sports media spray chart, including the latest on broadcast/cable/streaming, sponsorships, endorsements, gambling and tech. The Undoing Project One day soon, when we’re living in some... Continue reading at Advertising Age
[ Advertising Age | 2019-10-15 11:00:00 UTC ]
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An awesome daily roundup of the most interesting bookish links from around the web. Continue reading at Book Riot
[ Book Riot | 2019-10-13 10:30:06 UTC ]
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Margaret Atwood's The Testaments (Chatto & Windus) has sold more than 250,000 copies in the UK across all formats, Vintage has said. Continue reading at The Bookseller
[ The Bookseller | 2019-10-08 23:30:20 UTC ]
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'The Firekeeper's Daughter' by Angeline Boulleywas acquired by Tiffany Liao at Henry Holt Books for Young Readers after a 12-bidder auction. Continue reading at Publishers Weekly
[ Publishers Weekly | 2019-10-08 04:00:00 UTC ]
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Welcome to the another edition of Ad Age Sports Media Brief, a weekly roundup of news from every zone of the sports media spray chart, including the latest on broadcast/cable/streaming, sponsorships, endorsements, gambling and tech. Fear Strikes Out Viciousness and stupidity are as endemic to... Continue reading at Advertising Age
[ Advertising Age | 2019-10-04 22:01:54 UTC ]
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A staff uprising at Sports Illustrated... Following Tuesday's New York Post report that editor-in-chief Chris Stone is exiting Sports Illustrated after 27 years with the magazine, The Wall Street Journal added late Wednesday evening that the brand's new operator, TheMaven Inc., is planning to... Continue reading at Folio Magazine
[ Folio Magazine | 2019-10-03 20:41:59 UTC ]
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Bloomsbury Sport has snapped up Croatian footballer Luka Modrić’s “remarkable” memoir, exploring how a child refugee became the holder of the most celebrated player award in world football. Continue reading at The Bookseller
[ The Bookseller | 2019-10-02 10:06:26 UTC ]
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The Cliveden Literary Festival returned for a third time last weekend with Ian McEwan, Howard Jacobson and Elif Shafak among the authors taking part in a busy event that saw speakers discuss topics from feminism to Russian spies, cyberwarfare and conspiracy theories to secrets of the universe. Continue reading at The Bookseller
[ The Bookseller | 2019-09-30 13:22:16 UTC ]
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Steve Fisher is joining Adams Publishing Group as regional president of APG Media of Southern Minnesota. Before joining APG, Fisher Continue reading at Editor & Publisher
[ Editor & Publisher | 2019-09-27 20:19:01 UTC ]
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Steve Fisher is joining Adams Publishing Group as regional president of APG Media of Southern Minnesota. Before joining APG, Fisher Continue reading at Editor & Publisher
[ Editor & Publisher | 2019-09-27 20:19:01 UTC ]
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