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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From fiery Texas chili to Nashville hot chicken, the season's southern cookbooks are turning up the heat. Continue reading at Publishers Weekly
[ Publishers Weekly | 2015-08-14 00:00:00 UTC ]
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Existing shareholder Exor increases its holding from 4.7% to 43.4% to become the largest single shareholder in the publishing groupPearson has sold its 50% stake in the Economist Group, publisher of the Economist newspaper, to existing shareholders for £469m in cash.The deal, a fait accompli... Continue reading at The Guardian
[ The Guardian | 2015-08-12 00:00:00 UTC ]
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Publishing group Pearson says it has agreed to sell its 50% stake in the Economist Group for £469m. Continue reading at BBC News
[ BBC News | 2015-08-12 00:00:00 UTC ]
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Tickets for Waterstones Piccadilly’s midnight opening for the launch of Terry Pratchett’s final Discworld novel The Shepherd’s Crown have sold out, only hours after going on sale. Continue reading at The Bookseller
[ The Bookseller | 2015-08-11 00:00:00 UTC ]
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Penguin Random House Australia has sold its online book retailer Bookworld to Booktopia, bringing together Australia’s two largest online book businesses. The terms of the deal have not been disclosed. Booktopia, which will this year reach AUS$90m in sales according to its c.e.o., expects to... Continue reading at The Bookseller
[ The Bookseller | 2015-08-04 00:00:00 UTC ]
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After its historic first week of sales last week, Harper Lee's 'Go Set a Watchman' sold roughly 220,000 print copies for the week ended July 29, according to the outlets that report to Nielsen Bookscan Continue reading at Publishers Weekly
[ Publishers Weekly | 2015-07-30 00:00:00 UTC ]
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Not much has more potential to boost your career in publishing than networking, but it’s very common to be scared of it and to do almost anything to avoid actually doing it. Continue reading at The Bookseller
[ The Bookseller | 2015-07-28 00:00:00 UTC ]
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Pearson Plc moved closer to an exit from business publishing as it announced plans to dispose of its stake in the 172-year-old Economist magazine, just days after the sale of The Financial Times newspaper. Discussions with The Economist Group& ... Continue reading at Editor & Publisher
[ Editor & Publisher | 2015-07-27 00:00:00 UTC ]
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Publishing company Pearson is to sell its 50% stake in the Economist Group, days after announcing the sale of the Financial Times. Continue reading at BBC News
[ BBC News | 2015-07-26 00:00:00 UTC ]
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Pearson has confirmed it is in “advanced discussions” to sell the FT Group. Press speculation has been rife this week that a sale has been made ahead of Pearson’s half-year results, which are due to be reported tomorrow morning (24th July). While Pearson confirmed it is in talks to sell the FT... Continue reading at The Bookseller
[ The Bookseller | 2015-07-24 00:00:00 UTC ]
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Pearson has sold the FT Group to the Japanese Nikkei Inc for £844m. The company confirmed earlier today it was in “advanced talks” on the sale of the FT Group, which includes the Financial Times, and has now revealed Nikkei will buy the group for a gross consideration of £844m, payable in cash. Continue reading at The Bookseller
[ The Bookseller | 2015-07-24 00:00:00 UTC ]
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Random House Children's Books US has bought the rights to Matt Haig’s upcoming Christmas book, A Boy Called Christmas, for a six-figure sum from Canongate. Continue reading at The Bookseller
[ The Bookseller | 2015-07-23 00:00:00 UTC ]
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Japanese publisher Nikkei Inc. agreed to acquire Pearson Plc's FT Group for $1.3 billion to gain control of the Financial Times newspaper. The sale doesn't include Pearson's 50% stake in... To view the full story, click the title link. Continue reading at Crains New York
[ Crains New York | 2015-07-23 00:00:00 UTC ]
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Dunkin' Donuts wants to create cool musical buzz with millennials this summer to push its iced coffee products. So it's playing with enough social-media platforms to outfit a marketing septet: Spotify, Snapchat, Instagram, YouTube, Twitter, Vine, Facebook and Periscope. The initiative, called... Continue reading at AdWeek
[ AdWeek | 2015-07-21 00:00:00 UTC ]
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Despite many readers’ disparaging criticism, Harper Lee’s ‘lost’ novel has become HarperCollins’ fastest selling book with 1.1m in first-week sales and preordersCritics dismissed it as a rough draft for To Kill a Mockingbird and readers despaired over an ageing, racist Atticus Finch. But Harper... Continue reading at The Guardian
[ The Guardian | 2015-07-20 00:00:00 UTC ]
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Navigating the transition from publisher to multimedia content company. The post How The Enthusiast Network is Diversifying Its Revenue appeared first on Folio:. Continue reading at Folio Magazine
[ Folio Magazine | 2015-07-15 00:00:00 UTC ]
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Amazon Mexico has finally launched its full retail operations and a print bookstore; it had previously offered Kindle ebooks since 2013. The post Amazon Mexico Now Sells Print Books Online appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2015-07-02 00:00:00 UTC ]
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The latest instalment of Fifty Shades of Grey has sold 1.1m copies in the US in all formats, Penguin Random House has revealed. Anne Messitte, publisher of Vintage Anchor in the US, said Grey: Fifty Shades of Grey as Told by Christian sold 1.1m copies in trade paperback, ebook and audio in the... Continue reading at The Bookseller
[ The Bookseller | 2015-06-24 00:00:00 UTC ]
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Future of Martha Stewart magazines unclear... The post MSLO Sells for $353 Million appeared first on Folio:. Continue reading at Folio Magazine
[ Folio Magazine | 2015-06-22 00:00:00 UTC ]
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Given demand, publisher Vintage plans to go back for third, fourth and fifth printings on the title, which was released June 18. Continue reading at Publishers Weekly
[ Publishers Weekly | 2015-06-22 00:00:00 UTC ]
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