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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Claire Tomalin’s ‘The Young H.G. Wells’ is a fascinating look at the prolific writer’s rocky beginnings and complicated personal life. Continue reading at The Washington Post
[ The Washington Post | 2021-11-03 12:00:00 UTC ]
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Dennis Drabelle’s “The Power of Scenery” chronicles Frederick Law Olmsted’s role in creating gems like Yosemite Continue reading at The Washington Post
[ The Washington Post | 2021-10-29 11:00:00 UTC ]
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Hachette UK saw its revenues fall 3% in the third quarter of 2021 compared to the same period last year, although c.e.o. David Shelley said sales were still “extremely strong" and ahead of forecasts, with increased market share. Continue reading at The Bookseller
[ The Bookseller | 2021-10-27 21:59:40 UTC ]
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In Patti Callahan’s “Once Upon a Wardrobe,” a logic-minded teenager learns the power of stories during afternoons with C.S. Lewis. Continue reading at The Washington Post
[ The Washington Post | 2021-10-26 14:36:00 UTC ]
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Princeton University Press has acquired world English rights, including audio, to Claudia de Rham’s The Beauty of Falling. Continue reading at The Bookseller
[ The Bookseller | 2021-10-18 07:35:43 UTC ]
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It seems the billionaire is not convinced by the Murdoch empire’s new Mission Zero campaign, and neither are its star commentators; Plus: Tomalaris rides offFresh from targeting climate change “propaganda” in the education system, billionaire Gina Rinehart popped up in News Corp Australia’s... Continue reading at The Guardian
[ The Guardian | 2021-10-15 01:46:45 UTC ]
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Weidenfeld & Nicolson has acquired John Higgs' exploration of the "unexpected connections" between The Beatles and the Bond films and what they tell us about British culture. Continue reading at The Bookseller
[ The Bookseller | 2021-10-06 03:01:34 UTC ]
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The main measurement companies, Nielsen and Comscore, say they're trying to update and change metrics, but buyers remain frustrated by the lack of progress. The post A ‘constant merry-go-round’: Nielsen and Comscore say the right things, but aren’t progressing fast enough for media buyers... Continue reading at Digiday
[ Digiday | 2021-09-30 19:04:53 UTC ]
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Hodder & Stoughton will publish Jay Owens' Dust: A History and a Future of Environmental Disaster, the first book to examine the "importance of this tiny substance as the residue and record of our modern lives". Continue reading at The Bookseller
[ The Bookseller | 2021-09-24 12:46:07 UTC ]
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Growing up in the West Midlands, I turned my back on reading books and even visiting libraries for many years. When I start to think back to why this was happening, I realised that not seeing Asian representation within publishing and at libraries was a key factor. Continue reading at The Bookseller
[ The Bookseller | 2021-09-13 23:49:44 UTC ]
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Hachette Children’s Group has signed a TV option deal for Zanib Mian's Planet Omar series with Bafta award-winning producers Lime Pictures, described as "an incredible milestone for Muslim representation in children’s programming". Continue reading at The Bookseller
[ The Bookseller | 2021-09-13 19:45:34 UTC ]
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Amy Argetsinger traces the path to the crown, as well as the contest’s evolution. Continue reading at The Washington Post
[ The Washington Post | 2021-09-10 12:00:00 UTC ]
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As much as £2.2 billion (US$3.1 billion) in revenue, the Publishers Association says, is imperiled in the UK's copyright consultation. The post UK’s Publishers Association: 64 Percent of Book Revenue at Stake in Copyright Question appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2021-08-30 00:44:30 UTC ]
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His acclaimed fiction and a memoir had a common theme: alcoholism. After becoming sober, he called his former besotted muse “Drunkspeare.” Continue reading at The New York Times
[ The New York Times | 2021-08-28 11:13:30 UTC ]
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Jendella Benson’s debut novel, Hope and Glory (Trapeze), has been optioned for TV by Monumental Television, with the series to be created in conjunction with ITV Studios. Continue reading at The Bookseller
[ The Bookseller | 2021-08-21 01:37:47 UTC ]
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Twitter acquired newsletter publishing platform Revue in January, allowing it to continue to run as a stand-alone service, and the two companies began testing a way to integrate their respective platforms Thursday. Revue said in a tweet that all of its creators can begin enabling people to... Continue reading at AdWeek
[ AdWeek | 2021-08-19 22:40:00 UTC ]
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In this fifth and final installment of our series, we asked editors to tell us about a book of theirs, published during the pandemic, that they wish had gotten more love. Continue reading at Publishers Weekly
[ Publishers Weekly | 2021-08-19 04:00:00 UTC ]
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Nat Geo’s Explorer Academy series blends fact, fiction, and breathless adventure to deliver a unique reading experience. (Sponsored) Continue reading at Publishers Weekly
[ Publishers Weekly | 2021-08-16 04:00:00 UTC ]
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The stories in The Rock Eaters often have an elastic relationship with reality, familiar political landscapes or emotional struggles warped by the uncanny. Some stories fall more explicitly within the bounds of science fiction or fantasy, but most show us a world nearly known, but not quite. In... Continue reading at Electric Literature
[ Electric Literature | 2021-08-13 11:00:00 UTC ]
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In this fourth installment of our series, we asked editors to tell us about a book of theirs, published during the pandemic, that they wish had gotten more love. Continue reading at Publishers Weekly
[ Publishers Weekly | 2021-08-12 04:00:00 UTC ]
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