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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F+W sells off HOW Design Events to Emerald Expositions

Retains HOW magazines and HOW University as part of refocusing effort. The post F+W sells off HOW Design Events to Emerald Expositions appeared first on Folio:. Continue reading at Folio Magazine

[ Folio Magazine | 2015-10-16 00:00:00 UTC ]
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An Upbeat Start to Regional Bookseller Shows

Strong sales heading into the holidays have contributed to this year’s energetic bookseller gatherings. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-10-16 00:00:00 UTC ]
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Ingram Adds Three Countries to its Global Connect Network

The Ingram Content Group has struck deals with companies in China, India and Italy to expand its Global Connect network to those three countries. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-10-14 00:00:00 UTC ]
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Post Co. Sells Newspapers to Adams Publishing Group LLC

The Post Co. which includes the daily Idaho Falls Post Register and three weekly newspapers in Shelley, Challis, and Rigby, Idaho will be sold by the Brady family to Adams Publishing Group LLC, according to John Cribb, Cribb Greene & Cope who rep ... Continue reading at Editor & Publisher

[ Editor & Publisher | 2015-10-13 00:00:00 UTC ]
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Selling Rights Into France: Oui, It’s Easier Than You Think!

Ahead of the 2015 Rights Directors Meeting at the Frankfurt Book Fair, French rights directors talk about how global publishers can sell rights into France. The post Selling Rights Into France: Oui, It’s Easier Than You Think! appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2015-10-12 00:00:00 UTC ]
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Google AMP is good for mobile web users – but what about publishers?

The search giant’s attempt to compete with Facebook Instant Articles and Apple News is drastic – but should be welcomedIn the world of sci-fi, some genius inventor type comes up with a device which immediately disables all guns, missiles, torpedoes, everything. At the flick of a switch, the rate... Continue reading at The Guardian

[ The Guardian | 2015-10-11 00:00:00 UTC ]
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Frankfurt Book Fair 2015: What Libraries Need to Consider When Looking at E-book Lending Solutions

E-book lending in libraries has its challenges, but as the explosion of new players, platforms, and service providers in the field suggests, it is on the upswing. How do you choose which ebook lending service is best for your library? Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-10-09 00:00:00 UTC ]
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Random's Edition of 'Rabbit' Sells 10,000 Copies in Two Days

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[ Publishers Weekly | 2015-10-09 00:00:00 UTC ]
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‘They’re telling us how the Web should work': The publisher view of Google’s AMP

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[ Digiday | 2015-10-08 00:00:00 UTC ]
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What's Selling at Loganberry Books

Located in the Cleveland suburb of Shaker Heights, Loganberry Books offers a diverse selection of books, spanning new, used, and collectible volumes. Bookseller Lorraine Angus talked about a crop of titles, recently published and backlist, selling well this fall. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-10-08 00:00:00 UTC ]
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Google's AMP Is Facebook's Instant Articles for the Mobile Web

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[ Advertising Age | 2015-10-08 00:00:00 UTC ]
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Google AMP battles ad-blocking, Apple and Facebook by cutting load times

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[ The Guardian | 2015-10-07 00:00:00 UTC ]
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Facebook to Start Grading Ads' Results Across Its Mobile App Network

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[ Advertising Age | 2015-10-06 00:00:00 UTC ]
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[ Publishers Weekly | 2015-10-06 00:00:00 UTC ]
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Rare Tintin art sells for $1.2m in HK

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[ BBC News | 2015-10-06 00:00:00 UTC ]
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Why The Soft-Sell Approach to Ad Blocking Doesn't Work

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[ Editor & Publisher | 2015-10-06 00:00:00 UTC ]
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Why the soft-sell approach to ad blocking doesn’t work

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[ Digiday | 2015-10-06 00:00:00 UTC ]
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[ Stuff | 2015-10-01 00:00:00 UTC ]
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Zoe Saldana to create digital content for AwesomenessTV's Millennial Mom network

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[ Los Angeles Times | 2015-09-25 00:00:00 UTC ]
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[ Publishers Weekly | 2015-09-24 00:00:00 UTC ]
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