Comscore, its stock already approaching all-time lows, missed expectations of flat revenue with a 4.4 percent decline last quarter. The media measurement company’s interim CEO said on a Tuesday earnings call after market close that it’s “exploring all strategic options.” The stock already has fallen 85 percent since CEO Bryan Wiener and President Sarah Hofstetter abruptly resigned at the end of March in a dispute with the board, shedding more than $1.2 billion in market capitalization. About $300 million of that slide has come since the company announced a deal by which it got a $20 million cash infusion from Cayman Islands-based fund CVI Investments, which could ultimately give that fund a 20 percent stake in the company. On Tuesday’s call, Comscore executives explained the need for that deal: to meet stepped-up requirements for $40 million in cash on hand under a prior financing arrangement amid a cash drain last quarter. In response to analyst questions on whether Comscore would consider selling its growing and market-dominant movie box office measurement business or its declining syndicated digital audience measurement business, interim CEO Dale Fuller said, “We are exploring all strategic options.” He added that investment bank Goldman Sachs, which helped handle the CVI investment, continues to work with Comscore on other matters. Comscore has been subject to considerable takeover speculation since Wiener and Hofstetter left – albeit not enough to lift a steadily... Continue reading at 'Advertising Age'
[ Advertising Age | 2019-08-07 00:08:01 UTC ]
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Scholars explore the questions of law, past and present, raised by the hit musical. Continue reading at The Washington Post
[ The Washington Post | 2020-11-13 13:00:00 UTC ]
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The novel’s self-help aphorisms are superficial when they aren’t simply nonsensical. Continue reading at The Washington Post
[ The Washington Post | 2020-11-11 07:27:41 UTC ]
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The B2B digital publisher generated $60 million in revenue in 2020, ahead of expectations going into the year. The post ‘Help us solve goals that we can’t solve in person’: How Industry Dive soared revenue as B2B budgets migrated to digital appeared first on Digiday. Continue reading at Digiday
[ Digiday | 2020-11-10 05:01:23 UTC ]
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Worldwide sales at Simon & Schuster have leapt by 29% in the third quarter, increasing from $217m in the same period in 2019, to $279m this year. Continue reading at The Bookseller
[ The Bookseller | 2020-11-09 10:36:56 UTC ]
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Hachette UK has reported a “stellar” third quarter with year-on-year growth of 15.6% and record download revenue for e-books and audio. Continue reading at The Bookseller
[ The Bookseller | 2020-11-05 11:50:37 UTC ]
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HyphaMetrics, which enters the marketplace with $2 million investment, says it can measure down to the individual level and across linear, streaming and gaming devices. Continue reading at Advertising Age
[ Advertising Age | 2020-11-02 10:30:00 UTC ]
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German bookseller Osiander’s shock decision to enter a strategic partnership with Thalia Mayersche is sending ripples of concern throughout the industry. Continue reading at The Bookseller
[ The Bookseller | 2020-11-01 19:10:51 UTC ]
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Third-quarter sales rose 37% over 2019 and earnings soared at the e-commerce giant. The company said it has seen signs that customers are indeed shopping early, something retailers of all kinds are pushing for to avoid lost sales if Covid-19 cases surge closer to the end of the holiday shopping... Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-10-30 04:00:00 UTC ]
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The push in book publishing for more authors and workers of color hasn’t abated, and companies are increasingly making lasting changes to the way they do business. Continue reading at The New York Times
[ The New York Times | 2020-10-29 16:18:17 UTC ]
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Sceptre has acquired a cultural, historical and literary exploration of the birth, death and legacy of Shakespeare’s Juliet Capulet. Continue reading at The Bookseller
[ The Bookseller | 2020-10-29 09:16:13 UTC ]
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There’s no denying that this is a rough—if not catastrophic—year for many businesses, from mom-and-pop-run local eateries to huge corporations like Macy’s. But as the Washington Post noted, a national array of bookstores and readerly good-will has helped Bookshop.org raise millions for indie... Continue reading at Electric Literature
[ Electric Literature | 2020-10-28 11:00:00 UTC ]
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Synchronicity Films is developing a limited series based on Andrew O'Hagan’s Mayflies, with screenwriter Andrea Gibb on board to adapt the novel. Continue reading at The Bookseller
[ The Bookseller | 2020-10-22 09:40:11 UTC ]
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Six years after moving to D.C. and deciding it's not for me, there’s still something holding me back from leaving: the libraries. Continue reading at Book Riot
[ Book Riot | 2020-10-19 10:30:00 UTC ]
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Transworld is publishing Black is the Body, a collection of non-fiction essays covering a number of US author Emily Bernard's experiences. Continue reading at The Bookseller
[ The Bookseller | 2020-10-14 19:56:01 UTC ]
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Her new graphic memoir, “We Saw Scenery,” is based on old diaries she found three years ago: “I wrote down everything.” Continue reading at The Washington Post
[ The Washington Post | 2020-10-08 12:00:00 UTC ]
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Daniel Yergin is behind the curve on the activism, engineering and climate science reshaping the energy world, environmentalist Bill McKibben contends. Continue reading at The Washington Post
[ The Washington Post | 2020-09-25 12:00:00 UTC ]
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Coronet has acquired the debut novel of Kate Sawyer examining life after near global extinction. Continue reading at The Bookseller
[ The Bookseller | 2020-09-24 19:02:14 UTC ]
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Martin Scorsese’s 1990 film was far from a surefire hit, but it cemented his legacy. Continue reading at The Washington Post
[ The Washington Post | 2020-09-24 12:03:35 UTC ]
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Explore Indigenous Futurisms by reading these 25 science fiction and fantasy books by Indigenous authors with Indigenous main characters! Continue reading at Book Riot
[ Book Riot | 2020-09-18 10:38:00 UTC ]
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Sphere has acquired a book in which the author tells the story of her own investigation into the long-unsolved murder of her stepsister. Continue reading at The Bookseller
[ The Bookseller | 2020-09-17 23:03:19 UTC ]
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