AT&T considers selling regional sports networks to slash debt

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 ]
News tagged with: #steady decline #top priority #york offices #make sense #high costs #justice department #bernie sanders #increased costs #—bloomberg news #time warner

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Ad Age Women to Watch, a new Gillette ad and a deal for Sports Illustrated: Tuesday Wake-Up Call

Welcome to Ad Age’s Wake-Up Call, our daily roundup of advertising, marketing, media and digital news. You can get an audio version of this briefing on your Alexa device; sign up here. What people are talking about today For over two decades, Ad Age has named Women to Watch in the marketing,... Continue reading at Advertising Age

[ Advertising Age | 2019-05-28 10:00:00 UTC ]
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Herman Wouk, Perennially Best-Selling Author, Dies at 103

His critics could be brutal, but he enthralled millions of readers with novels like “The Winds of War,” “The Caine Mutiny” and “Marjorie Morningstar.” Continue reading at The New York Times

[ The New York Times | 2019-05-18 05:37:00 UTC ]
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BAME: The children's bookshop selling diversity

A shop in Brixton only sells books featuring black, Asian or minority ethnic (BAME) protagonists. Continue reading at BBC News

[ BBC News | 2019-05-11 00:00:00 UTC ]
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Middleton and Martin make gains in Wales as region enjoys healthy growth

Sales through the TCM’s Wales and the West region outperformed the wider UK market in 2018, with two military-related titles the biggest beneficiaries in terms of sales upticks.   Continue reading at The Bookseller

[ The Bookseller | 2019-05-10 00:00:00 UTC ]
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Women dominate Commonwealth Short Story Prize regional awards

The Commonwealth Short Story Prize has announced its five regional awards this year have all been won by women. Continue reading at The Bookseller

[ The Bookseller | 2019-05-09 00:00:00 UTC ]
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Highlights Sells Boyds Mills to Kane Press

Highlights has sold its trade book publishing arm to Kane Press, effective immediately. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-05-02 04:00:00 UTC ]
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Circle Media Group sells CPI to private investor

Circle Media Group has sold its interest in one of Europe’s largest book printers, CPI, to a private investor, after less than nine months of ownership.  Continue reading at The Bookseller

[ The Bookseller | 2019-04-10 00:00:00 UTC ]
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Puffin sells US rights to The Unadoptables

Penguin Random House division Puffin has sold US rights to The Unadoptables, the debut novel by Hana Tooke, to Viking Children’s Books. Continue reading at The Bookseller

[ The Bookseller | 2019-04-09 00:00:00 UTC ]
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Indie Fairlight sells US and Canada rights to van Llewyn

Indie Fairlight Books has sold US and Canada rights to Sophie van Llewyn’s Bottled Goods to HarperCollins US. Continue reading at The Bookseller

[ The Bookseller | 2019-04-08 00:00:00 UTC ]
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Lulu's New Tools Empower You to Sell Direct and Prosper

We talked to Lulu's v-p of marketing, Matt Briel, about the evolution of self-publishing and how Lulu's new open-source Print API and xPress app for Shopify are giving creators more control than ever. (Sponsored) Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-04-05 00:00:00 UTC ]
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The way we buy and sell branded content is broken. Here’s how to fix it

A few years ago, I ran a content campaign for an electronics company in partnership with a popular tech publisher. The content was all about how to choose the right tech for your needs, and it absolutely crushed it. The publisher had to do little more than share it once on Facebook, and the... Continue reading at Advertising Age

[ Advertising Age | 2019-04-05 00:00:00 UTC ]
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Snapchat to introduce 'audience network' at partner summit

Snapchat will roll out an audience network at its partner summit today, according to the early look at the lineup of topics on the agenda. An audience network could be Snap bringing its brand of vertical ads off its app into partners' properties, similar to Facebook Audience Network. Snapchat... Continue reading at Advertising Age

[ Advertising Age | 2019-04-04 00:00:00 UTC ]
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Microsoft stops selling ebooks, offers refunds to customers

If you have been using the Microsoft Store as your point of purchase for ebooks, you're going to have to start shopping elsewhere. Microsoft has ditched the Books category from the store, and this means that not only will it not be possible to buy books from the Microsoft Store, but also that... Continue reading at Betanews

[ Betanews | 2019-04-03 00:00:00 UTC ]
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Donald Trump Cheats At Golf In Some Really Ridiculous Ways: Sports Writer

Sports writer Rick Reilly says the president "kicks the ball out of the rough so many times the caddies call him Pelé." Continue reading at The Huffington Post

[ The Huffington Post | 2019-04-02 17:32:34 UTC ]
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Bologna 2019: Best Children’s Publishers Selected in Six Regions

The winners of the 2019 Bologna Prize for the Best Children’s Publishers of the Year were announced at a ceremony Monday night in Bologna. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-04-02 00:00:00 UTC ]
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Facebook considering hiring editors to pick quality news for users

Mark Zuckerberg also said he is weighing up paying publishers for use of their journalismFacebook could start employing editors to select “high-quality news” to show to users, in the social network’s latest attempt to lose its reputation as a source for disinformation.Mark Zuckerberg said he is... Continue reading at The Guardian

[ The Guardian | 2019-04-01 00:00:00 UTC ]
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Pinch of Nom becomes fastest-selling non-fiction title recorded

Kay Featherstone and Kate Allinson’s slimming cookbook Pinch of Nom (Bluebird), based on the authors’ food blog, has become the fastest-selling non-fiction title of the Nielsen BookScan era, selling a gastronomical 210,506 copies through the Total Consumer Market. Continue reading at The Bookseller

[ The Bookseller | 2019-03-27 00:00:00 UTC ]
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Slimming cookbook becomes fastest selling non-fiction book since records began

Pinch of Nom by Kate Allinson and Kay Featherstone sold 210,000 copies in three days, toppling Jamie Oliver and Peter KayFrom cheesecake-stuffed strawberries to diet cola chicken, a collection of slimming recipes which started life as a food blog has toppled political tomes and celebrity memoirs... Continue reading at The Guardian

[ The Guardian | 2019-03-27 00:00:00 UTC ]
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British Library considers new Leeds outpost

The British Library is considering opening a new facility in Leeds, alongside plans to expand its existing reading rooms in the area. Continue reading at The Bookseller

[ The Bookseller | 2019-03-26 00:00:00 UTC ]
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IDW Hires J.P. Morgan To Consider Possible Sale

Prodded by one of its largest shareholders, IDW Media Holdings is reviewing opportunities to monetize its contents via films and TV and has hired J.P. Morgan to assist in the review process which could lead to the sale of the company. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-03-26 00:00:00 UTC ]
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