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
The season of sitting outside in the sun and reading is upon us — and, fortunately, so is a sale on Kindle e-readers. Amazon is running a deal on its adult and kids Kindles, with the original model down from $100 to $80 — a 16 percent discount. At this price, the base model is just short of its... Continue reading at Engadget
[ Engadget | 2023-06-12 10:55:39 UTC ]
More news stories like this | News stories tagged with:
#standard kindle
#base model
#300ppi display
#battery life
#good option
#buying advice
#follow @engadgetdeals
#kindle
Comics and graphic novels are prime targets in the current battle to ban books at libraries across the country, and librarians who have championed the comics form find themselves on the front lines. Continue reading at Publishers Weekly
[ Publishers Weekly | 2023-06-09 04:00:00 UTC ]
More news stories like this | News stories tagged with:
#graphic novels
#ban books
#front lines
#libraries
The hearing on the revived case comes some 10 months after magistrate judge Valerie Figueredo found insufficient evidence for the initial case to proceed. The suit accuses Amazon and the Big Five publishers of a conspiracy to fix e-book prices, a claim the publishers insist is "implausible" and... Continue reading at Publishers Weekly
[ Publishers Weekly | 2023-06-08 04:00:00 UTC ]
More news stories like this | News stories tagged with:
#e-book
Vice Media is filing for Chapter 11 bankruptcy protection, the latest digital media company to falter after a meteoric rise Continue reading at ABC News
[ ABC News | 2023-05-15 11:47:06 UTC ]
More news stories like this | News stories tagged with:
#vice media
#meteoric rise
#digital media
This afternoon, at around 3PM (EST), from Columbia University in New York City, the winner of this year’s Pulitzer Prize for General Nonfiction will be announced. As well as a check for a cool $15,000 dollars (which feels a little low, tbh), the victor will gain entry to a very exclusive... Continue reading at Literrary Hub
[ Literrary Hub | 2023-05-08 14:30:42 UTC ]
More news stories like this | News stories tagged with:
#nonfiction winner
#21st century
#3pm est
#columbia university
#general nonfiction
#cool $15
#gain entry
#pulitzer prize
On Monday, at around 3PM (EST), from Columbia University in New York City, the winner of this year’s Pulitzer Prize for Fiction will be announced. As well as a check for a cool $15,000 dollars (which feels a little low, tbh), the victor (if there is to be one; see 2012) will gain entry to […] Continue reading at Literrary Hub
[ Literrary Hub | 2023-05-05 14:30:48 UTC ]
More news stories like this | News stories tagged with:
#fiction winner
#21st century
#3pm est
#columbia university
#cool $15
#gain entry
#pulitzer prize
Respect and support to Wasilla, Alaska’s Black Birch Books, who’re getting a lot of online flack for announcing a drag story time in June. But despite a slew of negative, and sometimes threatening, comments and reviews, Black Birch owner Taylor Jordan is going on with the show. As she told... Continue reading at Literrary Hub
[ Literrary Hub | 2023-05-04 15:21:17 UTC ]
More news stories like this | News stories tagged with:
#sarah palin
#bookstore
Your library and bookstore hauls will be looking good in these new bookish tote bags. - Kelly Jensen Continue reading at Book Riot
[ Book Riot | 2023-05-01 10:31:00 UTC ]
More news stories like this | News stories tagged with:
#bookstore
Two factors had an effect on the deals we saw this week: spring sales and early Mother's Day promotions. Even if you don't need a gift for a mom or it's still cold (or weirdly summery hot) where you are, you can snag a decent price on some of our recommended tech. Like our top budget robot... Continue reading at Engadget
[ Engadget | 2023-04-28 18:00:16 UTC ]
More news stories like this | News stories tagged with:
#wireless headset
#holding firm
#buying advice
#$40 savings
#follow @engadgetdeals
#ebooks
#kindle
Measurement's biggest player will not participate in the industry's latest effort to enable multiple currencies. The Joint Industry Committee (JIC)--formed earlier this year by OpenAP, along with a working committee of media agencies, premium video programmers, streaming platforms and trade... Continue reading at AdWeek
[ AdWeek | 2023-04-25 14:14:53 UTC ]
More news stories like this | News stories tagged with:
#cross-platform measurement
#latest effort
#media agencies
#streaming platforms
#nielsen
Jevon Bolden, an activist for agents and authors of color, praises religion publishers' DEI intentions, then prods them for progress. Continue reading at Publishers Weekly
[ Publishers Weekly | 2023-04-25 04:00:00 UTC ]
More news stories like this |
Censorship is surging thanks to an organised rightwing minority targeting books on LGBTQ and Black characters and issues“A book is a loaded gun in the house next door,” warns a character in Fahrenheit 451, Ray Bradbury’s dystopian vision of an America where books are considered so dangerous they... Continue reading at The Guardian
[ The Guardian | 2023-04-13 17:21:33 UTC ]
More news stories like this | News stories tagged with:
#school year
#school boards
#ron desantis
#multiple titles
#library association
Commissioners in Memphis have voted to send Justin Pearson back to the Legislature in Nashville. Republicans banished Pearson and Rep. Justin Jones last week over their role in a gun control protest on the House floor after a deadly school... Continue reading at CBC
[ CBC | 2023-04-12 19:04:26 UTC ]
More news stories like this | News stories tagged with:
#pearson
Back in 2021, the New York Police Department (NYPD) cancelled a planned deployment of the Spot robot dog [aka "Digidog"] following a public backlash. Now, New York City's current law and order mayor Eric Adams has brought the robot dog back for use in "hazardous situations," The New York Times... Continue reading at Engadget
[ Engadget | 2023-04-12 06:19:27 UTC ]
More news stories like this | News stories tagged with:
#gather information
#press conference
#science fiction
It's Friday, which means it's time for another roundup of good tech deals. Today's highlights include Amazon's Kindle Paperwhite back down to $100, which is within $5 of the popular e-reader's all-time low. Apple's AirPods Pro are $50 off their list price at $200, while the Apple Watch SE is a... Continue reading at Engadget
[ Engadget | 2023-04-07 15:00:31 UTC ]
More news stories like this | News stories tagged with:
#large family
#buying advice
#follow @engadgetdeals
#e-book
#kindle
Whether you love horror, thrill rides, romance, space adventures, or something else entirely, spring 2023 YA paperbacks have you set. Continue reading at Book Riot
[ Book Riot | 2023-04-05 10:37:00 UTC ]
More news stories like this | News stories tagged with:
#space adventures
Our reverence towards stars and celebrities was not borne of the 19th century’s cinematic revolution, but rather has been a resilient aspect of our culture for millennia. Ancient tales of immortal gods rising again and again after fatal injury, the veneration and deification of social and... Continue reading at Engadget
[ Engadget | 2023-04-04 18:00:30 UTC ]
More news stories like this | News stories tagged with:
#silicon valley
#commercial breaks
#mona lisa
#kindle
#digital media
Amazon is running a sale on Kindle e-readers just in time for outdoor reading, and there are a few good deals in the mix. The company is selling the base Kindle with lock screen ads for $80, or $20 off. That's near an all-time low, and makes it an easy pick if you want a compact, no-frills... Continue reading at Engadget
[ Engadget | 2023-04-03 13:26:16 UTC ]
More news stories like this | News stories tagged with:
#all-time low
#300ppi display
#larger screen
#follow @engadgetdeals
#kindle
It's Friday, which means it's time for another roundup of notable discounts on good tech. Among the highlights, Apple's AirPods Pro are back down to $200, tying the best price we've seen for the iPhone-friendly noise-cancelling earphones. Amazon has dropped the Kindle Paperwhite down to $100,... Continue reading at Engadget
[ Engadget | 2023-03-24 15:43:59 UTC ]
More news stories like this | News stories tagged with:
#larger screen
#bad actors
#$40 discount
#follow @engadgetdeals
#e-book
#kindle
With attendance back to pre-pandemic levels, there was lots of energy at publishing’s premiere children’s fair. Continue reading at Publishers Weekly
[ Publishers Weekly | 2023-03-10 05:00:00 UTC ]
More news stories like this | News stories tagged with:
#book fair
#bologna children
#bounce back
#pre-pandemic levels
#children's book