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
Hachette UK has revealed it is "actively looking" to open more offices outside of London, and PRH UK has said it is "considering" regional offices, following a discussion on the importance of regional diversity and what more can be done to promote it in publishing. Continue reading at The Bookseller
[ The Bookseller | 2018-11-29 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#hachette uk
#prh uk
#regional diversity
The £30,000 William Hill Sports Book of the Year has been awarded jointly for the first time in its 30-year history, going to A Boy in the Water by Tom Gregory (Particular Books) and Paul D Gibson’s The Lost Soul of Eamonn Magee (Mercier Press). Continue reading at The Bookseller
[ The Bookseller | 2018-11-29 00:00:00 UTC ]
More news stories like this |
After entering the fiction market in 2005 with the launch of its Pyr science fiction imprint, Prometheus has sold that imprint and another one to return to its original focus: nonfiction. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-11-12 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#start publishing
#fiction market
Media and publishing giant Meredith Corp. says it is selling its Fortune brand for $150 million in cash Continue reading at ABC News
[ ABC News | 2018-11-10 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#$150 million
Meredith Corp. agreed to sell Fortune magazine and its related businesses for $150 million, furthering the company’s efforts to shed the news-focused brands it acquired in buying Time Inc. The buyer... To view the full story, click the title link. Continue reading at Crains New York
[ Crains New York | 2018-11-09 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#fortune magazine
#thai businessman
#$150 million
#meredith corp
#related businesses
#news-focused brands
#buying time
Netflix is planning on raising $2bn (£1.5bn) through a bond offering to fund content growth. Continue reading at The Bookseller
[ The Bookseller | 2018-10-25 00:00:00 UTC ]
More news stories like this |
Titles about boxing, darts, football, golf, rugby, swimming and the Olympic Games are on the shortlist for this year’s £30,000 William Hill Sports Book of the Year Award. Continue reading at The Bookseller
[ The Bookseller | 2018-10-25 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#year announced
Over the last five years, the North American graphic novel market has welcomed a wave of new readers. At NYCC 2018, a group of comics professionals focused on identifying some of the consumer and cultural trends driving this growth. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-10-19 00:00:00 UTC ]
More news stories like this |
Ferrari fever burns on. Four months after a 1962 Ferrari 250 GTO sold for $48 million at an RM Sotheby’s auction in Monterey — the highest price ever paid for a car at auction — a race car from the Ferrari history books may set a new Southern California high-water mark. On Dec. 8, a rare 1956... Continue reading at Los Angeles Times
[ Los Angeles Times | 2018-10-19 00:00:00 UTC ]
More news stories like this |
HarperCollins has opened applications for its second “New to Publishing Information Session and Networking Event,” which aims to attract people outside of publishing's usual orbit to the company. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-10-17 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#opened applications
#networking event
#attract people
Beleaguered US bookselling chain Barnes & Noble has said it has received "expressions of interest from multiple parties in making an offer to acquire the company". Continue reading at The Bookseller
[ The Bookseller | 2018-10-06 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#multiple parties
Ahead of Frankfurt, Finnish publishing house Siltala has seen record-breaking sales for a book that brought in a six-figure deal at the London Book Fair in April. The post Record-Breaking Sales and More Rights Deals for Finnish Sports Biography appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2018-10-04 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#record-breaking sales
#rights deals
#six-figure deal
Independent booksellers have expressed concerns that Waterstones is selling Super Thursday titles ahead of their publication date. Continue reading at The Bookseller
[ The Bookseller | 2018-10-04 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#independent booksellers
#expressed concerns
Saying it has received interest from multiple parties about making an offer for the company, Barnes & Noble has created a formal review process to evaluate the retailer’s strategic alternatives. Among the parties interested in making an offer for B&N is its founder and chairman Len Riggio. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-10-03 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#received interest
#multiple parties
#barnes noble
#strategic alternatives
Among the big titles American agents will be talking up at Frankfurt are a memoir by 'New York Times' photographer Bill Cunningham, a first novel by Jhumpa Lahiri, a middle-grade adaptation of Trevor Noah's 'Born a Crime,' and a new novel by Julie Orringer. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-09-21 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#big titles
#jhumpa lahiri
#trevor noah
#julie orringer
Bob Woodward's "Fear: Trump in the White House" has sold more than 1.1 million copies in its first week of release, making it the fastest-selling book in the history of its publisher, Simon & Schuster. The publisher has ordered a 10th printing of the book, which as of Wednesday morning was... Continue reading at Los Angeles Times
[ Los Angeles Times | 2018-09-20 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#fastest-selling book
#bob woodward
#simon schuster
#white house
#wednesday morning
After months of searching, Meredith Corporation has finally found a proper suitor for Time magazine. On Sunday, September 16, the company announced it has sold the legacy brand it acquired in January this year for $190 million in cash to Marc and Lynne Benioff. Marc Benioff is the founder,... Continue reading at Folio Magazine
[ Folio Magazine | 2018-09-17 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#$1 billion
#global conversation
#good hands
#developing story
Beginning with SIBA, Arcadia will show off its new YourTown store match program at five fall regional trade shows. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-09-13 00:00:00 UTC ]
More news stories like this |
The veteran Washington reporter’s unflattering portrait of Trump White House gets ninth printing to meet extraordinary demand from US and beyondDonald Trump may have dismissed Bob Woodward’s Fear as “a joke”, but readers are showing themselves to be keen to share in the comedy, with more than... Continue reading at The Guardian
[ The Guardian | 2018-09-13 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#bob woodward
#ninth printing
#simon schuster
#combined total
#total number
#dragnet descends
Detroit-based Hour Media Group continued its nearly two-year-long regional magazine shopping spree this week, snatching up 38-year-old Gemini Publications, also based in Michigan, from longtime owner and publisher John Zwarensteyn. Included in the sale are the monthly Grand Rapids magazine, the... Continue reading at Folio Magazine
[ Folio Magazine | 2018-09-06 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#current staffers
#transition period
#ve thought
#perfect fit