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
The digital media bubble continues to show signs of bursting. Recode reports that Mashable–once valued at $250 million–is selling itself to publisher Ziff Davis for less than $50 million. The site will reportedly lay off about 50 employees and refocus coverage on “tech and tech-lifestyle... Continue reading at Fast Company
[ Fast Company | 2017-12-05 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#layoffs loom
#show signs
#$250 million
#$50 million
Facebook needs to loosen its grip on Watch show sponsorships and mid-roll inventory, publishers say. The post Unimpressed with revenue, publishers want to sell their own ads on Facebook video shows appeared first on Digiday. Continue reading at Digiday
[ Digiday | 2017-12-01 00:00:00 UTC ]
More news stories like this |
Pearson has agreed to sell its English language business Wall Street English (WSE) to a group of funds affiliated with Baring Private Equity Asia and CITIC Capital for $300 (£225m). Continue reading at The Bookseller
[ The Bookseller | 2017-11-28 00:00:00 UTC ]
More news stories like this |
With a history stretching back 91 years, the Gretna, La., publisher has repeatedly adapted to meeting the changing demands of the market. Continue reading at Publishers Weekly
[ Publishers Weekly | 2017-11-17 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#changing demands
This year’s regional bookseller shows, which took place from mid-September through the end of October, were marked by passionate discussions on diversity, robust children's programming, and appearances by prominent authors and illustrators. Continue reading at Publishers Weekly
[ Publishers Weekly | 2017-11-07 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#robust children
#prominent authors
Welcome to Ad Age's Wake-Up Call, our daily roundup of advertising, marketing, media and digital-related news. What people are talking about today: The Houston Astros won the World Series by beating the Los Angeles Dodgers 5-1 in Game 7. Sports Illustrated prophesied the Astros' win in a cover... Continue reading at Advertising Age
[ Advertising Age | 2017-11-02 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#sports illustrated
#daily roundup
#digital-related news
#capitol hill
Rachael Ray Everyday gets a redesign, a jaded UK columnist goes for some creative revenge, and more news of interest from around the magazine world... The post NJ Regional Mag Cancels Ill-Conceived Panel | Industry Notes appeared first on Folio:. Continue reading at Folio Magazine
[ Folio Magazine | 2017-10-25 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#magazine world
Bloomsbury to publish Great British Bake Off judge’s A Baker’s Life, accompanied by new four-part TV series, in NovemberBloomsbury, the publisher of Paul Hollywood’s new book, A Baker’s Life, is predicting it will be one of the bestsellers this Christmas, thanks in part to the successful... Continue reading at The Guardian
[ The Guardian | 2017-10-24 00:00:00 UTC ]
More news stories like this |
Translator and former Granta publicist Saskia Vogel’s debut I Am a Pornographer has secured a flurry of deals in the UK, Sweden and Spain. Continue reading at The Bookseller
[ The Bookseller | 2017-10-21 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#debut sells
The British Library has revealed that its Harry Potter exhibition has sold more than 30,000 tickets - the highest number of advance tickets it has ever sold for an exhibition. Continue reading at The Bookseller
[ The Bookseller | 2017-10-17 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#british library
#highest number
Organizers aim to strengthen the Sheikh Zayed Book Award's international platform and build bridges between Arab regions and the rest of the world. The post Sheikh Zayed Book Award and the ‘Cultural Renaissance’ in the Arab Region appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2017-10-14 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#build bridges
The drawing for Asterix and the Banquet, signed by its creators, was only expected to sell for between €180,000 and €200,000An original illustration for the cover of one of the early Asterix comic books has sold for a record €1.4m (£1.25m) at auction , more than seven times its expected price,... Continue reading at The Guardian
[ The Guardian | 2017-10-14 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#ren goscinny
At a time when American comics and graphic novels have never been more popular, the way these works are purchased is being transformed by a new wave of consumers. Continue reading at Publishers Weekly
[ Publishers Weekly | 2017-10-13 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#american comics
#graphic novels
Culture secretary says internet firms may have legal status changed amid concerns about copyright and extremist materialKaren Bradley, the culture secretary, has said the government is considering changing the legal status of Google, Facebook and other internet companies amid growing concerns... Continue reading at The Guardian
[ The Guardian | 2017-10-12 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#copyright infringement
#culture secretary
New York Comic Con attracted a record crowd of 200,000 to the Javits Convention Center and a variety of venues around New York City, including the New York Public Library, for a week of presentations and events celebrating comics, graphic novels and a wide range of popular culture. Continue reading at Publishers Weekly
[ Publishers Weekly | 2017-10-12 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#record crowd
#graphic novels
#wide range
#popular culture
Ads load slower than content on AMP, which is part of the reason why publishers make less money per pageview from AMP than they do from their own websites. The post Publishers find Google AMP loads too fast for ad views appeared first on Digiday. Continue reading at Digiday
[ Digiday | 2017-10-09 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#publishers make
Dorling Kindersley (DK) has agreed terms to sell leading travel publisher Rough Guides to APA Publications for an undisclosed sum. Continue reading at The Bookseller
[ The Bookseller | 2017-10-03 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#agreed terms
The UK cover of a new collection of letters is only the latest to show the acclaimed poet as blond, beaming and in a skimpy outfit. But presenting female writers as mere sex symbols diminishes their literary achievementsOn the US cover of Sylvia Plath’s Collected Letters, a volume out this week... Continue reading at The Guardian
[ The Guardian | 2017-09-28 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#uk edition
The day includes two sets of pitch sessions of books for possible film or virtual-reality development, each followed by networking sessions. The post At Frankfurt Book Fair: ‘A Book Is a Film Is a Game’ Networking Day Returns appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2017-09-28 00:00:00 UTC ]
More news stories like this |
Judy Murray's memoir will battle it out with a biography on Muhammad Ali and “Four mums in a Boat” for the £29,000 Willimn Hill Sport Book of the Year. Continue reading at The Bookseller
[ The Bookseller | 2017-09-22 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#judy murray
#sport book
#muhammad ali