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
After four years of running one of magazine publishing's great trophy properties, Facebook multimillionaire Chris Hughes has found a new owner for The New Republic. Win McCormack, an Oregonian... To view the full story, click the title link. Continue reading at Crains New York
[ Crains New York | 2016-02-27 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#magazine publishing
#win mccormack
A record year for submissions has led to the highest ever number of regional shortlisted entries in this year’s British Book Industry Awards Independent Bookshop of the Year category, sponsored by Gardners Books. Continue reading at The Bookseller
[ The Bookseller | 2016-02-26 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#record year
#year category
#independent bookshop
#gardners books
Comparing the sales of recent musician memoirs after it was reported that Simon & Schuster paid $10 million for Bruce Springsteen's memoir. Continue reading at Publishers Weekly
[ Publishers Weekly | 2016-02-26 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#bruce springsteen
Alissa Hugel, assistant manager and children's book buyer at Folio Books in San Francisco, shares her enthusiasm for a handful of titles that are hitting a sweet spot any bookseller can appreciate. Continue reading at Publishers Weekly
[ Publishers Weekly | 2016-02-25 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#book buyer
#sweet spot
Google's highly anticipated open-source code Accelerated Mobile Pages (AMP) has rolled out globally. Its core premise: to speed up page-load times on the mobile Web. Publishers across the pond, in Europe and beyond, have all been frantically AMP-coding article pages, and many are now running all... Continue reading at Digiday
[ Digiday | 2016-02-25 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#google amp
#running ads
#european publishers
#amp pages
#mobile web
A group of top-tier publishers will help launch Google's answer to Facebook Instant Articles on Wednesday as the search titan attempts to reinvent the mobile web with its Accelerated Mobile Pages initiative. But Google may need brands' help before too long if it really wants to build a new... Continue reading at Advertising Age
[ Advertising Age | 2016-02-22 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#mobile web
HarperCollins Children’s Books has acquired a young adult trilogy concept, set in New York in 2118, by Alloy Entertainment, the entertainment company behind TV hits "Gossip Girl" and "Pretty Little Liars". Continue reading at The Bookseller
[ The Bookseller | 2016-02-19 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#harpercollins children
#alloy entertainment
#entertainment company
#tv hits
#gossip girl
Sally Lloyd-Jones’s retelling of the Bible from Zonderkidz found a surprising readership beyond children, with teens and adults among its millions of fans. Continue reading at Publishers Weekly
[ Publishers Weekly | 2016-02-10 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#million copies
Waterstones is “moving in the right direction” but there is still “much more work to do,” the chain’s managing director James Daunt has said after the company significantly reduced its losses last year. Continue reading at The Bookseller
[ The Bookseller | 2016-02-04 00:00:00 UTC ]
More news stories like this |
Meredith Corp. has considered splitting its broadcast and publishing units, perhaps uniting one with a strategic partner, Chief Executive Officer Stephen Lacy said.The idea is one of several possibilities the company is considering after its plan to merge with Media General fell through, Mr.... Continue reading at Advertising Age
[ Advertising Age | 2016-02-03 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#meredith corp
#strategic partner
#bloomberg television
#media properties
#advertising technology
Facebook is expanding its ad network from just third-party apps to the mobile Web. The Menlo Park, Calif.-based company will begin making its Facebook Audience Network available for publishers and advertisers outside of publishers' native apps. The Audience Network for the mobile Web will... Continue reading at AdWeek
[ AdWeek | 2016-01-27 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#mediation services
#elite daily
#news sites
#makes sense
#web properties
Digital media companies are dealing with a bunch of problems plaguing their advertising-based business models. A growing number of people are blocking the ads running on their sites, forcing publishers to find ways to get those people to unblock their ads or pay one of the ad blocking companies... Continue reading at Advertising Age
[ Advertising Age | 2016-01-26 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#growing number
#find ways
#ad technology
Of Tesco's three ailing digital Blinkbox services, its ebook store appeared to be the only one that would go gently into that good night. Eventually, it did, while Blinkbox Movies found a new owner in TalkTalk (which finally got 'round to rebranding... Continue reading at Engadget
[ Engadget | 2016-01-25 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#blinkbox music
#good night
Amanda Hurley, manager of Inkwood Books in Tampa, Fla., shared news of some titles with double appeal: books, she reports, that "are selling well – and that I’m having a lot of fun selling." Continue reading at Publishers Weekly
[ Publishers Weekly | 2016-01-21 00:00:00 UTC ]
More news stories like this |
Gretchen Young took world rights to the currently untitled book, which Jenner is writing with 'Friday Night Lights' scribe Buzz Bissinger. Continue reading at Publishers Weekly
[ Publishers Weekly | 2016-01-19 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#world rights
#untitled book
PAN is a newly founded network for German fantasy authors, aiming to unite its members and to give them a voice within the German literary community. The post German Fantasy Authors Empowered by New Network appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2016-01-19 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#network appeared
Facebook is pulling back the curtain just enough to tout how much money it's making for publishers. The Menlo Park, Calif.-based company today said its mobile-focused Facebook Audience Network (FAN) had a $1 billion annual run rate during the fourth quarter for advertising spend, with "the... Continue reading at AdWeek
[ AdWeek | 2016-01-07 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#mobile apps
#private marketplaces
#mediation services
#ad server
#ad services
Arnaud de Puyfontaine to take up non-executive role at London-listed technology company immediatelyVivendi chief executive Arnaud de Puyfontaine has been named chairman of Gloo Networks, the London-listed technology company set up to acquire struggling media assets.De Puyfontaine, who used to... Continue reading at The Guardian
[ The Guardian | 2015-12-15 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#non-executive role
#named chairman
#uk business
Frankfurt Book Fair officials this week confirmed that talks are underway to possibly open the Frankfurt Book Fair Literary Agents & Scouts Centre (LitAg) at a day earlier in 2016. Continue reading at Publishers Weekly
[ Publishers Weekly | 2015-12-10 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#early start
#day earlier
Accent Press has sold North American print rights for sci-fi and fantasy series The Chronicles of St Mary’s by Jodi Taylor to Skyhorse Publishing Inc. for a "substantial sum". Continue reading at The Bookseller
[ The Bookseller | 2015-12-08 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#accent press
#fantasy series
#skyhorse publishing