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 ]
News tagged with:
#york trading
#vice chairman
#second-largest shareholder
Books about alcohol, romance and cooking are among those winning the consumers’ buck for Mother’s Day gifts in the run up to the event on Sunday. Continue reading at The Bookseller
[ The Bookseller | 2018-03-08 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#cookery books
#day gifts
Index on Censorship is bidding to raise £15,000 by the end of this month to map attacks against freedom of expression and demand governments do more to stop them. Continue reading at The Bookseller
[ The Bookseller | 2018-03-06 00:00:00 UTC ]
More news stories like this |
BuzzFeed's newest spin-off brand, As/Is, is debuting Tuesday to cover beauty and style with a focus on body positivity and celebrating individuality.As/Is is the latest effort by BuzzFeed to find new revenue models through lifestyle brands that not only generate content, but experiences and... Continue reading at Advertising Age
[ Advertising Age | 2018-03-06 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#generate content
#millennial audience
#digital publisher
#ad revenue
#give advertisers
#york magazine
#grub street
Two Presidents, the sexiest man alive, and Thor engage readers the most in the latest GfK MRI readership study. The post Four Magazines Share Top Rank in Latest Readership Study appeared first on Folio:. Continue reading at Folio Magazine
[ Folio Magazine | 2018-03-02 00:00:00 UTC ]
More news stories like this |
An illustrator has hit back at bestselling fantasy author Terry Goodkind after the writer suggested the cover art for his book was “laughably bad”. Continue reading at The Bookseller
[ The Bookseller | 2018-02-28 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#hit back
#cover art
National Book Award–winning author Sherman Alexie has been anonymously accused of sexual and general misconduct by members of the Native American writing community and others in the writing world. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-02-28 00:00:00 UTC ]
More news stories like this |
The Southern Independent Booksellers Association is preparing to hold its first ever “EUREKAsiba” on February 20 in Atlanta, a day-long event aimed at inspiring booksellers to think outside the box. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-02-14 00:00:00 UTC ]
More news stories like this |
The Trump administration has again proposed to eliminate funding for the National Endowments for the Arts (NEA) and Humanities and the Institute of Museum and Library Services (IMLS). Continue reading at The Bookseller
[ The Bookseller | 2018-02-14 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#library funding
#trump administration
#national endowments
#arts nea
As it did last year, the Trump administration has once again proposed the permanent elimination of the National Endowments for the Arts and Humanities, as well as the elimination of the Institute of Museum and Library Services. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-02-12 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#trump administration
#national endowments
#library services
Nick Clark Windo's The Feed (Headline) is being turned into a high-end sci-fi TV drama by Amazon and Virgin Media. Continue reading at The Bookseller
[ The Bookseller | 2018-02-10 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#virgin media
I hope the PM is sincere in her desire to save journalism for the public good. But so much depends on the scope of the reviewThe prime minister’s decision to hold an inquiry into “the sustainability of Britain’s printed press” received little more than a cautious welcome from newspaper... Continue reading at The Guardian
[ The Guardian | 2018-02-07 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#daily mail
#free press
#roy greenslade
#save journalism
#public good
#newspaper publishers
Harrow and Ealing councils have taken their library services back in-house following the collapse of contractor Carillion. Continue reading at The Bookseller
[ The Bookseller | 2018-02-02 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#carillion collapse
Tom Kerridge has rustled up a third week in the UK Official Top 50 number one spot, as Lose Weight for Good (Absolute) bounced upwards 31.5% in volume week on week and leapfrogged Michael Wolff’s Fire and Fury (Little, Brown). Continue reading at The Bookseller
[ The Bookseller | 2018-01-31 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#volume week
#win back
#tom kerridge
#lose weight
Despite lingering uncertainties, systemic shifts over the past year offer a silver lining for magazine media. The post Publishers Still Have Plenty of Questions Amidst Facebook’s Latest Pivot appeared first on Folio:. Continue reading at Folio Magazine
[ Folio Magazine | 2018-01-29 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#post publishers
#silver lining
#magazine media
Video has emerged as the undeniable future of programmatic advertising. Find out online publisher and Quantcast Top 30 site Ranker is utilizing video header bidding to get ahead — and stay ahead — of their competitors. Sponsored by AppNexus. The post How video header bidding is opening doors for... Continue reading at Digiday
[ Digiday | 2018-01-23 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#opening doors
#programmatic advertising
#online publisher
Private equity firm Aurelius has said it is backing out of its agreement to buy Connect Books because it can see “no way of financing this transaction”. Continue reading at The Bookseller
[ The Bookseller | 2018-01-23 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#connect books
The pink financial paper has used online subscriptions since 2002. After decades of diminishing ad returns, fellow digital publishers are finally catching on. Late last year, the Financial Times reached a pretty big milestone: It exceeded 900,000 paying subscriptions, both print and digital–up... Continue reading at Fast Company
[ Fast Company | 2018-01-12 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#digital advertising
#online subscriptions
#small feat
#media company
#media companies
New culture secretary Matt Hancock and his Labour counterpart Tom Watson presented different visions of the impact of Brexit on the creative industries at an event held at the Natural History Museum to celebrate the third anniversary of the Creative Industries Federation. Continue reading at The Bookseller
[ The Bookseller | 2018-01-11 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#creative industries
#mojo back
Model Lily Cole has asked for her work to be "judged on its own merits" after a member of the Brontë Society resigned over her appointment as creative partner. Continue reading at The Bookseller
[ The Bookseller | 2018-01-06 00:00:00 UTC ]
More news stories like this |
Despite a torrid year, leading media agency says UK consumer magazine market has been ‘seriously undervalued’ by marketersThe death of magazines has been overplayed, according to a leading media agency, despite a torrid year that has featured the British title Glamour ending its monthly print... Continue reading at The Guardian
[ The Guardian | 2017-12-25 00:00:00 UTC ]
More news stories like this |