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 ]
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Among the big titles American agents will be talking up in the rights center at Frankfurt are a memoir by David Lynch, an update on Cinderella, and a short story collection from Lionel Shriver. Continue reading at Publishers Weekly
[ Publishers Weekly | 2017-09-22 00:00:00 UTC ]
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Maverick House has sold Australia/ New Zealand rights to Billy Moore's A Prayer Before Dawn: A Nightmare in Thailand to a division of Bonnier Publishing Australia, Echo Publishing. Continue reading at The Bookseller
[ The Bookseller | 2017-09-22 00:00:00 UTC ]
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Jennifer Donnelly's 'Stepsister,' which is told from the vantage point of one of the "wicked" stepsisters in 'Cinderella,' sold to Scholastic after a nine-bidder auction. It went for a sum rumored to be in the mid-to-high six-figure range, and a film deal is imminent. Continue reading at Publishers Weekly
[ Publishers Weekly | 2017-09-21 00:00:00 UTC ]
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Keeping pace with the National Hurricane Center, Simon & Schuster extends its aid to storm-swept libraries and bookstores in the wake of Hurricane Irma. The post Industry Notes: Simon & Schuster Holds Out Relief Assistance to Irma-Damaged Regions appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2017-09-15 00:00:00 UTC ]
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The path to the Games is complicated and political, and the power held by corporate video game publishers makes it doubly challenging for e-sports. Continue reading at Silicon Valley Business Journal
[ Silicon Valley Business Journal | 2017-09-12 00:00:00 UTC ]
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Amazon’s publishing chief David Naggar has said publishers should slash their ebook prices to 99p to sell more books. Continue reading at The Bookseller
[ The Bookseller | 2017-09-06 00:00:00 UTC ]
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Swedish author Elisabeth Norebäck, whose domestic noir debut amassed a string of deals during this year's London Book Fair, has now sold in 26 territories and has attracted interest from the film industry. Continue reading at The Bookseller
[ The Bookseller | 2017-09-05 00:00:00 UTC ]
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From Words Without Borders: 'Put in the time to seek out great books by women and underrepresented writers,' one of a quartet of women translators says. The post Women Translators on Women in Translation: ‘Translations Are Already a Hard Sell’ appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2017-09-05 00:00:00 UTC ]
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Bookseller trade associations navigate turbulent times as they gear up for gatherings around the country. Continue reading at Publishers Weekly
[ Publishers Weekly | 2017-09-01 00:00:00 UTC ]
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The local sports news publisher would like to have 100,000 subscribers by year-end. The post Behind The Athletic’s plans to grow local sports news subscriptions appeared first on Digiday. Continue reading at Digiday
[ Digiday | 2017-08-29 00:00:00 UTC ]
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Online retailer Amazon is to slash prices at US supermarket chain Whole Foods Market Inc in a move which could threaten supermarket rivals. Continue reading at The Bookseller
[ The Bookseller | 2017-08-26 00:00:00 UTC ]
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Pride in Publishing (PiP), a brand-new networking group for LGBTQ+ people in the industry, has launched in order to create a way for queer members of the publishing industry to meet up, connect with others and find peer support. Continue reading at The Bookseller
[ The Bookseller | 2017-08-25 00:00:00 UTC ]
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And publishers get to keep all of the revenue, says Mark Zuckerberg. The post Facebook Confirms Plan to Help Pubs Sell Subscriptions Through Instant Articles appeared first on Folio:. Continue reading at Folio Magazine
[ Folio Magazine | 2017-08-25 00:00:00 UTC ]
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Pearson has completed the sale of language training subsidiary Global Education in a deal worth $80m (£62m). Continue reading at The Bookseller
[ The Bookseller | 2017-08-17 00:00:00 UTC ]
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Hodder & Stoughton is publishing a new "highly topical" legal thriller from John Grisham this October, The Rooster Bar, inspired by the student debt crisis. Continue reading at The Bookseller
[ The Bookseller | 2017-08-11 00:00:00 UTC ]
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lllustrated publisher Quarto has announced it is considering a sale, following a preliminary approach from a third party to acquire it at "a price that the board considers attractive and reflective of the inherent value of the business as a global publishing platform". Continue reading at The Bookseller
[ The Bookseller | 2017-08-09 00:00:00 UTC ]
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London-based publishing houses are “struggling” to work out how to “address the problem of regional diversity”, New Writing North's Claire Malcolm has said. Continue reading at The Bookseller
[ The Bookseller | 2017-08-08 00:00:00 UTC ]
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Tickets to actor Tom Hanks' only event in the UK to promote his new collection of short stories, Uncommon Type (William Heinemann), have sold out in under two hours. Continue reading at The Bookseller
[ The Bookseller | 2017-08-04 00:00:00 UTC ]
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James Comey, the embattled former FBI director fired earlier this year by President Trump, has found a home for the book he was rumored to be shopping: Flatiron Books. Comey's book, which is currently untitled, is slated for spring 2018. Continue reading at Publishers Weekly
[ Publishers Weekly | 2017-08-02 00:00:00 UTC ]
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Publishers using Facebook Audience Network now have far more control over bidding on their ad placements. Product marketing manager, publisher solutions Amelia Zins introduced CPM Targets (cost per thousand impressions) in a blog post, saying that rather than using price floors to set the... Continue reading at AdWeek
[ AdWeek | 2017-08-01 00:00:00 UTC ]
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