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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Sky Sports presenter Thomas to explore loss in Trigger book

Independent mental health publisher Trigger has acquired the first book of TV presenter, Simon Thomas, about coping with the death of his wife Gemma.   Continue reading at The Bookseller

[ The Bookseller | 2018-06-23 00:00:00 UTC ]
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Oxford English Dictionary hunts for regional words

Oxford University Press is asking members of the public to submit local words, phrases and expressions from around the world for inclusion in the Oxford English Dictionary. Continue reading at The Bookseller

[ The Bookseller | 2018-06-21 00:00:00 UTC ]
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Mainstreet unveils 10 'most satisfying hand-sells'

The Mainstreet Trading Company is celebrating its 10th birthday by selecting 10 books to represent its history. Continue reading at The Bookseller

[ The Bookseller | 2018-06-21 00:00:00 UTC ]
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Sports publisher theScore’s Facebook Messenger bot has 500,000 monthly users

The publisher formed a six-person emerging platforms team to experiment with new products and features. The post Sports publisher theScore’s Facebook Messenger bot has 500,000 monthly users appeared first on Digiday. Continue reading at Digiday

[ Digiday | 2018-06-19 00:00:00 UTC ]
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Rebel Wilson: Court slashes actress's record defamation payout

A magazine publisher will now pay less to the Hollywood actress over a high-profile defamation case. Continue reading at BBC News

[ BBC News | 2018-06-14 00:00:00 UTC ]
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Wright, Vunipola and Fallon pick up Sports Book awards

Martine Wright has won the Autobiography of the Year Award at the 2018 Sports Book Awards. Continue reading at The Bookseller

[ The Bookseller | 2018-06-08 00:00:00 UTC ]
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Authors Guild Adding Regional Chapters

The Authors Guild has announced an ambitious plan to open at least 14 regional chapters across the U.S. this year that will host variety of programs serving members in their local writing communities. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-06-08 00:00:00 UTC ]
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US Authors Guild Opens First Regional Chapters and Amazon Author-Complaint Resolution

Following its deployment of a traveling team of workshop leaders, the Authors Guild opens a round of regional chapters. It also has just opened a new author-complaint resolution service in direct cooperation with Amazon.com. The post US Authors Guild Opens First Regional Chapters and Amazon... Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2018-06-08 00:00:00 UTC ]
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Facebook Audience Network Added Auction Bidding for In-App Ads

Brands can now bid in auctions for in-application advertising on Facebook Audience Network. The social network opened up header bidding via Facebook Audience Network last March, and head of publisher solutions partnerships Vijay Balan said in a blog post that publishers have seen "significant... Continue reading at AdWeek

[ AdWeek | 2018-06-07 00:00:00 UTC ]
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Texas Monthly and 5280 Clean Up at the City and Regional Magazine Awards

Columbus Monthly, Seattle Met, and 5280 take home coveted General Excellence prizes, while Texas Monthly earns a total of five awards. The post Texas Monthly and 5280 Clean Up at the City and Regional Magazine Awards appeared first on Folio:. Continue reading at Folio Magazine

[ Folio Magazine | 2018-06-06 00:00:00 UTC ]
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Salt saved from debt after supporters rally to buy 'just one book'

Independent publisher Salt has raised more than £7,500 after appealing to its supporters to purchase "just one book" to help save the struggling business. Continue reading at The Bookseller

[ The Bookseller | 2018-05-31 00:00:00 UTC ]
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'Concerns over debt' motivated Quarto boardroom coup

Quarto’s dramatic boardroom takeover last week was partly motivated by a major shareholder’s concern over the publisher’s debt, The Bookseller has been told. Continue reading at The Bookseller

[ The Bookseller | 2018-05-22 00:00:00 UTC ]
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Legal sports betting set to explode after court ruling. But get ready for a battle over the dollars

Suddenly, all bets are on regarding the future of American sports gambling. A surge in betting caused by the Supreme Court’s lifting of a federal ban on sports wagering is expected to trigger new gaming opportunities and burnish existing sports books in Las Vegas casinos — but also spawn a battle... Continue reading at Los Angeles Times

[ Los Angeles Times | 2018-05-15 00:00:00 UTC ]
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The Book People to begin selling child’s refugee tale

The Book People will begin selling a refugee tale by 10-year-old Frasier Cox next month, after the school boy won its bedtime story competition, with proceeds going to Save the Children. Continue reading at The Bookseller

[ The Bookseller | 2018-05-11 00:00:00 UTC ]
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Most Booksellers Opt to Still Sell Díaz

Despite the allegations of harassment against Junot Díaz, most booksellers have opted to continuing selling his books, while acknowledging they are troubled by the growing number of authors who have been accused of sexual misconduct. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-05-10 00:00:00 UTC ]
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Joanna Gaines’s Cookbook Sells 169K in First Week

'Magnolia Table,' cookbook by the star of HGTV mega-hit 'Fixer Upper,' sold more than 169,000 copies in its first week on sale. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-05-02 00:00:00 UTC ]
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Comey's Debut Sells More Than 600,000 In Its First Week

Former FBI director James Comey's debut book, 'A Higher Loyalty,' has sold more than 600,000 copies since its publication last week, Flatiron Books president Bob Miller and publisher Amy Einhorn have reported. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-04-24 00:00:00 UTC ]
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Content recommendation networks look for a second act

Outbrain, Taboola and Revcontent have launched new products aimed at premium publishers in the past three months. The post Content recommendation networks look for a second act appeared first on Digiday. Continue reading at Digiday

[ Digiday | 2018-04-23 00:00:00 UTC ]
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With Fewer Debut Novels Selling, What Do Editors Want To Tell Authors?

In a tightening market for fiction and especially for debut authors looking for that big break, editors can be choosier–and many are more dependent than ever on literary agents to find their next debuts. The post With Fewer Debut Novels Selling, What Do Editors Want To Tell Authors? appeared... Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2018-04-19 00:00:00 UTC ]
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