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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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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Michelle Obama's memoir sells more than 10m copies

Former first lady’s Becoming is a global hit in 31 languages and has sold 600,000 copies in UKMichelle Obama’s autobiography, Becoming, is on track to become the most successful memoir in modern publishing history, selling more than 10m copies to date, as life after the White House continues to... Continue reading at The Guardian

[ The Guardian | 2019-03-26 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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Michelle Obama's memoir Becoming sells 10 million copies

The memoir, published in November, could be the world's most popular autobiography, its publisher claims. Continue reading at BBC News

[ BBC News | 2019-03-26 00:00:00 UTC ]
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Conduit women in publishing event sells out—organisers forced to find bigger venue

The newly launched collective for women in publishing, Conduit, has found an expanded venue for its inaugural meeting next month after an overwhelming response saw all spaces snapped up within an hour. Continue reading at The Bookseller

[ The Bookseller | 2019-03-23 00:00:00 UTC ]
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Winners of regional Independent Bookshop of the Year Award revealed

The nine winners of the regional round of the Independent Bookshop of the Year Award have been revealed, with the 2018 overall champion, Five Leaves Bookshop, in contention to take the main prize for the second year in a row. Continue reading at The Bookseller

[ The Bookseller | 2019-03-22 00:00:00 UTC ]
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Syrian refugee inspired tale sells to HCG

Hachette Children’s Group has acquired a picture book inspired by the refugee crisis in Syria by Rachel Ip and Anneli Bray. Continue reading at The Bookseller

[ The Bookseller | 2019-03-21 00:00:00 UTC ]
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Rogers Media Sells All of Its Remaining Magazines

Completing a two-year-long divestment process, Rogers Media, once far and away Canada's largest magazine publisher, will soon pull out of the print media business entirely. The company has reached an agreement to sell all five of its remaining magazines—including 114-year-old news... Continue reading at Folio Magazine

[ Folio Magazine | 2019-03-21 00:00:00 UTC ]
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Cheltenham rolls out teachers reading network nationwide

Cheltenham Festivals is rolling out its network of free teachers’ reading groups nationally, in partnership with a number of children’s book organisations including Centre for Literacy in Primary Education (CLPE) and Just Imagine. Continue reading at The Bookseller

[ The Bookseller | 2019-03-19 00:00:00 UTC ]
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DK Sells Prima Games Digital Assets

As part of closing its Prima Games imprint, DK has sold Prima’s digital assets to Asteri Holdings, a two-year old company that owns a network of game, entertainment, sports, news, and kids’ websites. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-03-14 00:00:00 UTC ]
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F+W Media Files Chapter 11, Will Sell Assets

A failed attempt to shift the magazine and book publisher's business to an e-commerce model has led F+W to sell both its books division, which has revenues of $22 million, and It's communities group, which had sales of almost $68 million. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-03-12 00:00:00 UTC ]
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