Chorion seeks buyer after failing to ease debt

Written By: Lisa Campbell Publication Date: Mon, 05/09/2011 - 08:05 Buyers are being sought for Mr Men and Agatha Christie franchise owner Chorion after the company failed to renegotiate its banking arrangements to ease its £70m debt. The company breached its banking covenants earlier this year and has appointed DC Advisory Partners to handle the sale and break-up of the business. The Chorion chairman Lord Alli and deputy chairman William Astor have previously tendered their resignations as the company failed to restructure its debt burden. read more Continue reading at 'The Bookseller'

[ The Bookseller | 2011-09-05 00:00:00 UTC ]
News tagged with: #mr men #company failed #debt burden

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W H Smith's Pete Selby says lack of diversity means book industry is ‘failing’ children

Pete Selby, head of books for W H Smith, has called on the book industry to make the high street more diverse and inclusive for young readers, saying that diversity is going to become a "significant" part of WHS' strategy. Continue reading at The Bookseller

[ The Bookseller | 2019-09-22 19:12:13 UTC ]
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Lt. Gov. Justin Fairfax of Virginia Sues CBS for Defamation, Seeking $400 Million

He filed the lawsuit in response to interviews on “CBS This Morning” with two women who accused him of sexual misconduct. Continue reading at The New York Times

[ The New York Times | 2019-09-12 20:59:59 UTC ]
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Authors Guild Says Cengage Failed to Renegotiate Contracts

In the digitization of the textbook market, the Authors Guild's new statement sees unsettled business between a curriculum content company and writers. The post Authors Guild Says Cengage Failed to Renegotiate Contracts appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2019-08-24 02:53:49 UTC ]
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Quarto revenues nudge up as debt falls in first half

Quarto has described the first half of 2019 as "encouraging" after global results showed group revenue edged up to $56.4m and losses declined 75% compared to the same period in 2018. Continue reading at The Bookseller

[ The Bookseller | 2019-08-16 11:00:57 UTC ]
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Tiger Woods’ failed Open bid is bad news for NBC

Three months ago, Tiger Woods clawed out his first major championship win in 11 years, and in so doing, seemed to have put an end to a decade marked by frustration, failure and grievous injury. His triumph in Augusta was an assurance that more Sunday victories would come, and in defying the... Continue reading at Advertising Age

[ Advertising Age | 2019-07-19 19:26:04 UTC ]
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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,... Continue reading at Advertising Age

[ Advertising Age | 2019-07-02 19:54:11 UTC ]
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Poopers and bloopers: the greatest TV fails

It’s 50 years since Lulu the elephant went rogue on Blue Peter. We look back at the biting ferrets, gurning kids and sweary slips that have delighted viewers, and ask: are they a dying breed?Studio G at the BBC’s old Lime Grove studios in London was on the second floor of the building, meaning... Continue reading at The Guardian

[ The Guardian | 2019-07-02 15:03:55 UTC ]
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Buyer found for German distributor KNV

Berlin-based logistics service provider Zeitfracht has stepped in to secure the future of bankrupt KNV, Germany’s largest wholesaler and distributor. Continue reading at The Bookseller

[ The Bookseller | 2019-06-27 02:17:39 UTC ]
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Barnes & Noble has a buyer—who agreed to pay the $476 million price tag

Beleaguered bookseller Barnes & Noble Inc. has a buyer. Elliott Management Corp. agreed to purchase the chain for $6.50 per share in an all-cash transaction valued about $476 million, plus the assumption of debt, the company said in a statement Friday. Barnes & Noble shares rose as... Continue reading at Advertising Age

[ Advertising Age | 2019-06-07 16:16:58 UTC ]
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Canada Hits Zuckerberg with Summons for Failing to Appear

Facebook CEO Mark Zuckerberg has appeared before Congress in the past, to talk about the giant social network’s role in Continue reading at Editor & Publisher

[ Editor & Publisher | 2019-05-30 15:02:48 UTC ]
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La Croix sales plummet as it becomes another failed experiment in hipster design

Go buy literally any other seltzer product instead. Remember a year or so ago when everyone was talking about La Croix sparkling water as if it was some amazing new beverage? What began as a Midwestern attempt at something the Northeast has long mastered was suddenly available in every bodega.... Continue reading at Fast Company

[ Fast Company | 2019-05-30 11:44:08 UTC ]
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‘Beyond Nine Lives’: Salon’s New Owners Look to Trim Costs as They Seek Easy Profit

Salon’s new owners say they see an easy path to profits for the troubled news publisher. On May 8, Salon Continue reading at Editor & Publisher

[ Editor & Publisher | 2019-05-20 19:00:45 UTC ]
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Hearst’s Michael Clinton on Retirement, ‘Failing Fast’ and the Future

From start to finish, Michael Clinton’s tenure in media is an unusual one. First off, he started as a business reporter for DNR, the now defunct men’s wear industry paper and a brother publication to WWD under the Fairchild Fashion umbrella. Not a typical training ground for marketing... Continue reading at Publishing Executive

[ Publishing Executive | 2019-05-17 17:29:25 UTC ]
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Fascism is on the minds of book buyers — and publishers are taking notice

College students, book buyers and publishers are taking a renewed interest in the bad old days of interwar authoritarianism, as well as books about threats to the present. Several scholars have started a crowd-sourced website called the New Fascism Syllabus. Continue reading at Los Angeles Times

[ Los Angeles Times | 2019-05-04 00:00:00 UTC ]
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The perfect buyer for the National Enquirer, Runner’s World does retail, The Onion’s threats: Publisher’s Brief

Welcome to the latest edition of Ad Age Publisher's Brief, our roundup of news from the world of content producers across digital and print. Got a tip? Send it our way. Joining us late? Here's the previous edition. All Peckered out: Supermarket tabloid the National Enquirer, as you’ve probably... Continue reading at Advertising Age

[ Advertising Age | 2019-04-12 00:00:00 UTC ]
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Still on Shaky Ground, Publishers Seek More Stability in 2019

The layoffs that have plagued the magazine industry for a decade continued in the first quarter of this year, along with hundreds of cuts at digital media companies. The pink slips reflect the industry’s precarious position as it adjusts to a new world of data-driven advertising, digital-native... Continue reading at Folio Magazine

[ Folio Magazine | 2019-04-11 00:00:00 UTC ]
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Seeking More Consumer Revenue, Publishers Are Investing Heavily in E-Learning

Until a few years ago, online education of any sort was most often associated with digital degree mills and dubious promises of graduating college from the comfort of your own bedroom and pajamas. A new generation of students, however, has been exposed to digital learning throughout their... Continue reading at Folio Magazine

[ Folio Magazine | 2019-03-29 00:00:00 UTC ]
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Netflix seeks dismissal of Black Mirror Bandersnatch lawsuit

Netflix is seeking the dismissal of a lawsuit by indie publisher Chooseco over its interactive Black Mirror episode "Bandersnatch". Continue reading at The Bookseller

[ The Bookseller | 2019-03-26 00:00:00 UTC ]
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Netflix Seeks Dismissal of ‘Bandersnatch’ Trademark Suit

Among its defenses, the company says its use of the term "Choose Your Own Adventure" in connection with the film is a fair use. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-03-22 00:00:00 UTC ]
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ReDigi Will Seek Supreme Court Review in Key Copyright Case

In a letter filed with the Supreme Court this week, the defendants asked for more time to file a petition, saying the case raises "novel and important legal questions." Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-03-05 00:00:00 UTC ]
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