Tribune Publishing, infused with a $70.5 million investment from billionaire Patrick Soon-Shiong, rejected Gannett's latest takeover offer, escalating the battle between the newspaper publishers.Gannett's revised proposal is "clearly inadequate" to control the owner of the Los Angeles Times and the Chicago Tribune, Chief Executive Officer Justin Dearborn said in a statement Monday. The $15-a-share proposal from the publisher of USA Today was 22% more than its original bid of $12.25 offered publicly on April 25. Tribune sank in New York trading.In rebuffing Gannett a second time, Tribune is issuing 4.7 million common shares to Soon-Shiong's Nant Capital at $15 apiece, according to a separate statement Monday. Following the deal, Soon-Shiong will become vice chairman on the board and Nant Capital will have a 12.9% stake, making it Tribune's second-largest shareholder. That would put it ahead of Oaktree Capital Management, which called last week for a board committee free of top shareholder Michael Ferro's influence to consider Gannett's offer. The moves are the most aggressive yet by Ferro to fend off Gannett. Continue reading at AdAge.com Continue reading at 'Advertising Age'
[ Advertising Age | 2016-05-24 00:00:00 UTC ]
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Simon & Schuster UK has triumphed in a three-way auction for Do No Harm, a "compulsive" thriller from Jack Jordan. Continue reading at The Bookseller
[ The Bookseller | 2020-10-22 15:32:47 UTC ]
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Four in five consumers say sustainability matters, but taste and health both rate higher. During the early stage of the pandemic, consumers had trouble buying meat as food processing facilities shut temporarily to slow the spread of COVID-19. As a result, consumers turned to plant-based... Continue reading at Fast Company
[ Fast Company | 2020-10-21 06:00:54 UTC ]
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The NBA star has joined the ranks of Oprah and Reese with a club that highlights underrated writers. Continue reading at The Washington Post
[ The Washington Post | 2020-10-19 13:00:00 UTC ]
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Back in 2008, New York Times best-selling author and Boing Boing alum, Cory Doctorow introduced Markus “w1n5t0n” Yallow to the world in the original Little Brother (which you can still read for free right here). The story follows the talented teenage... Continue reading at Engadget
[ Engadget | 2020-10-17 15:30:50 UTC ]
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Of mixed Filipino, Chinese, Spanish and Indian descent, and identifying as queer, Catherine Hernandez’s new novel, Crosshairs, imagines a dystopian near-future Canada where an oppressive regime is rounding up those deemed “Other”—people of colour, the disabled and members of the LGBTQ+... Continue reading at The Bookseller
[ The Bookseller | 2020-10-14 02:09:59 UTC ]
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Indie publisher Inkandescent will publish Address Book by Neil Bartlett, a collection of seven stories spanning three centuries. Continue reading at The Bookseller
[ The Bookseller | 2020-10-12 08:32:15 UTC ]
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His memoir recounts his suspicions on Russia and has intriguing comments on Joe Biden. Continue reading at The Washington Post
[ The Washington Post | 2020-10-09 12:00:00 UTC ]
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Val McDermid, Brad Parks and Ann Cleeves have new novels to distract readers from reality. Continue reading at The Washington Post
[ The Washington Post | 2020-10-05 12:00:00 UTC ]
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Syncing with Google Drive is one of the easiest ways to safeguard your data. And you can even specify how much of your internet connection’s bandwidth to use. As our digital libraries get larger and larger, we’re fortunate to be living in a time when cloud-based storage keeps getting cheaper and... Continue reading at Fast Company
[ Fast Company | 2020-10-01 00:00:11 UTC ]
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Robert Galbraith's Troubled Blood (Sphere) has held the Amazon Charts' Most-Sold: Fiction number one for a second week running, while Alan Partridge's From the Oasthouse (Audible) ousted Brian Masters' Killing for Company (Cornerstone) from the top of the Most-Sold: Non-Fiction chart. Continue reading at The Bookseller
[ The Bookseller | 2020-09-29 21:57:14 UTC ]
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Georgia's book fair surveyed the impact of the pandemic and issued a statement of support for Belarusian writers and publishers. The post Tbilisi Book Fair States Support for Belarus Opposition; PEN America Backs Alexievich appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2020-09-28 19:12:36 UTC ]
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Loyalty spurred the best-selling author to visit a neuroscientist’s lab. What she saw there inspired her next narrator. Continue reading at The New York Times
[ The New York Times | 2020-09-17 09:00:05 UTC ]
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The Age and Sydney Morning Herald get behind corporate campaign to ease Covid-related travel lockdowns Follow our Australian coronavirus live blogFull Australian Covid stats; Covid restrictions state by stateNSW cases map; Vic cases mapNSW hotspots list; Qld hotspots listSign up for Guardian... Continue reading at The Guardian
[ The Guardian | 2020-09-17 02:14:42 UTC ]
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Hanif Kureishi writes introduction to book edited from 120 hours of conversations from the Let It Be sessions, in tandem with Peter Jackson documentaryThe first official Beatles book since seminal Anthology in 2000 is to be published in August 2021.The Beatles: Get Back will tell the story of... Continue reading at The Guardian
[ The Guardian | 2020-09-16 13:00:23 UTC ]
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Set for release in August 2021, the title is the first authorized book by the Beatles in two decades. Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-09-16 04:00:00 UTC ]
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Faber is to release two special editions of Kazuo Ishiguro's lastest novel, Klara and the Sun, which will be published next spring, tailored for Waterstones and for independent bookshops. Continue reading at The Bookseller
[ The Bookseller | 2020-09-09 12:17:42 UTC ]
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Edgar Rice Burroughs’s first Tarzan novels show how deeply his mythic storytelling can captivate the imagination. Continue reading at The Washington Post
[ The Washington Post | 2020-08-19 15:52:41 UTC ]
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Tribune Publishing Company says it's closing the newsrooms of five newspapers including The Daily News in Manhattan, the Orlando Sentinel and The Capital Gazette in Annapolis, Maryland Continue reading at ABC News
[ ABC News | 2020-08-12 23:24:40 UTC ]
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The pandemic has found a way to derail more than 25 years of research on Atlantic puffins and a variety of other seabirds on Machias Seal Island in the Bay of Fundy. Continue reading at CBC
[ CBC | 2020-08-04 09:30:00 UTC ]
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Turn-of-the-20th-century Spokane, wracked by police violence and social unrest, feels very of the moment in 'The Cold Millions.' Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-07-31 04:00:00 UTC ]
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