Metro Detroit billionaire businessman Manoj Bhargava faces a lawsuit tied to his ongoing takeover bid of the former publisher of Sports Illustrated magazine.The lawsuit, filed last week in California in a Los Angeles County court, is brought by Ross Levinsohn, a veteran media executive and the former CEO of Arena Group Inc., a New York City-based publishing company for which Bhargava has been mounting a takeover bid since summer.Bhargava is best known as the founder of the 5-hour Energy drink brand and runs myriad companies out of an office park he owns in Farmington Hills. He is named as a defendant in the lawsuit along with Arena Group — which up until January had published Sports Illustrated under a licensing deal from owner Authentic Brands — along with several other people connected to Bhargava.The 60-plus-page lawsuit accuses Bhargava of being “a wolf in sheep’s clothing,” presenting himself as a “like-minded investor” in Arena Group but engaging in “illegal misconduct, overt self dealing, and systematic destruction of shareholder value.”Bhargava spokesman Steve Janisse declined to comment Wednesday, citing pending litigation, while a spokesperson for Arena Group did not respond to a request for comment.News of Levinsohn’s lawsuit was first reported Monday by Business Insider."Ross Levinsohn, like so many others, gave his full energy and devotion to the company in the belief that his contractual rights would be respected," Bryan Freedman, a Los Angeles-based... Continue reading at 'Crains New York'
[ Crains New York | 2024-03-28 20:07:35 UTC ]
Artificial intelligence makers have faced a mountain of criticism for borrowing from the work of others to train its models. Now the world’s largest publishing house is taking steps to ensure its authors don’t have their work plagiarized in the name of progress. The Bookseller reports that... Continue reading at Engadget
[ Engadget | 2024-10-18 21:04:36 UTC ]
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Blizzard co-founder and ex-CEO Mike Morhaime’s publishing company Dreamhaven just announced a new game that mixes elements of tabletop RPGs with party games like Jackbox. Sunderfolk looks to be a more casual pick-up-and-play take on something like Gloomhaven. The title has been “designed for... Continue reading at Engadget
[ Engadget | 2024-10-10 17:43:24 UTC ]
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Working with Squarespace, the famous artist designed a new template to showcase his artwork. And you can use it, too. For the first time ever, Jeff Koons’ entire catalog is on a website. The newly revamped jeffkoons.com presents over four decades of Koons’ artwork in a comprehensive digital... Continue reading at Fast Company
[ Fast Company | 2024-10-09 12:00:00 UTC ]
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Departure comes after news director Darren Wick abruptly left in March and chairman Peter Costello resigned in JuneExit signs: a timeline of Nine Entertainment’s annus horribilisGet our breaking news email, free app or daily news podcastNine Entertainment’s chief executive, Mike Sneesby, will... Continue reading at The Guardian
[ The Guardian | 2024-09-11 23:32:56 UTC ]
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The inaugural title from Salty Days Media, a new partnership-driven publishing company from America's Test Kitchen vet Sara Domville, is slated for October 1. 'Our American Dream Cookbook' is a collaboration with Samuel Adams’ philanthropic program Brewing the American Dream. Continue reading at Publishers Weekly
[ Publishers Weekly | 2024-09-03 04:00:00 UTC ]
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The former NFL quarterback turned civil rights activist, who founded his own publishing company in 2020, has launched Lumi, an AI-based platform providing authors and other creatives with another alternative to traditional publishing. Continue reading at Publishers Weekly
[ Publishers Weekly | 2024-07-25 04:00:00 UTC ]
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The parent company of 'Publishers Weekly' and the Seville, Spain–based publishing company have ended their business arrangement. With the end of the agreement, Lantia will no longer publish the bimonthly publication 'PW en Español.' Continue reading at Publishers Weekly
[ Publishers Weekly | 2024-04-10 04:00:00 UTC ]
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Metro Detroit billionaire businessman Manoj Bhargava faces a lawsuit tied to his ongoing takeover bid of the former publisher of Sports Illustrated magazine.The lawsuit, filed last week in California in a Los Angeles County court, is brought by Ross Levinsohn, a veteran media executive and the... Continue reading at Crains New York
[ Crains New York | 2024-03-28 20:07:35 UTC ]
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YouTube sensation Dunkey, aka videogamedunkey or Jason Gastrow, has added game publishing to his resume. He started a company called Big Mode last year, which is releasing its first title on May 9. Animal Well is a sidescrolling Metroidvania platformer that will show up on the PS5, the Nintendo... Continue reading at Engadget
[ Engadget | 2024-03-18 15:25:19 UTC ]
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Vivendi plans to separate into four companies, including an as-yet-unnamed publishing company that would include its nearly 57.3% majority stake in Lagardère, the parent company of Hachette Livre. The company would be listed on the stock market. Continue reading at Publishers Weekly
[ Publishers Weekly | 2024-02-05 05:00:00 UTC ]
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Justice department argued the melding of the publishing house with Simon & Schuster would harm competition and authors’ payA US judge has blocked the $2.2bn planned merger of Penguin Random House, the world’s largest book publisher, with rival Simon & Schuster.Judge Florence Pan of the... Continue reading at The Guardian
[ The Guardian | 2022-11-01 00:30:18 UTC ]
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In a brief two-page order issued late on October 31, Judge Florence Y. Pan blocked PRH's bid to buy S&S, saying the government had succeeded in showing that the proposed merger would harm "competition in the market for the U.S. publishing rights to anticipated top-selling books." Continue reading at Publishers Weekly
[ Publishers Weekly | 2022-10-31 04:00:00 UTC ]
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Social media firm announces deal after long-running battle with national and regional newspapers France has hailed a victory in its long-running quest for fairer action from tech companies after Facebook reached an agreement with a group of national and regional newspapers to pay for content... Continue reading at The Guardian
[ The Guardian | 2021-10-21 14:21:02 UTC ]
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The IPG is to provide members of the Singapore Book Publishers Association with the use of the Skills Hub, as part of a new licensing agreement. Continue reading at The Bookseller
[ The Bookseller | 2020-07-22 17:07:54 UTC ]
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Ad Age’s At the Newsstand spotlights notable ad-supported print media available soon near you. Meredith Corporation this morning did a big reveal: It released the cover of ... Reveal, the inaugural issue of its glossy collaboration with Drew and Jonathan Scott of HGTV “Property Brothers”... Continue reading at Advertising Age
[ Advertising Age | 2020-01-08 18:04:35 UTC ]
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Bloomsbury has signed a licensing agreement to make 14,000 of its academic books available through digital textbook platform Classoos. Continue reading at The Bookseller
[ The Bookseller | 2019-07-25 06:50:05 UTC ]
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Sweet Cherry has bought the publishing rights to a trio of licences: Aardman Studios’ Shaun the Sheep, nostalgia brand Rainbow, and CBBC reality TV-style show "The Next Step", which centres around a dancing studio. Continue reading at The Bookseller
[ The Bookseller | 2019-04-03 00:00:00 UTC ]
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Reach, which also owns Daily Express and Daily Star, reports £120m pre-tax loss for 2018Reach, the publisher of the Daily Mirror and Daily Express, has warned about the impact of Brexit on advertising, as it made a £200m writedown on its newspaper business that pushed it into the red for... Continue reading at The Guardian
[ The Guardian | 2019-02-25 00:00:00 UTC ]
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Bungie is about to take greater control of Destiny's... well, destiny. The studio has reached a deal with Activision that will hand over the publishing rights to the shared-world shooter franchise. According to the company, it's "ready" to publish on... Continue reading at Engadget
[ Engadget | 2019-01-11 00:00:00 UTC ]
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Facebook Inc. has signed a licensing agreement with Warner Music that covers the music company’s recorded music and music publishing catalogs for use in social media such as videos and messages. The deal paves the way for social media users to create, upload and share videos with licensed... Continue reading at Silicon Valley Business Journal
[ Silicon Valley Business Journal | 2018-03-10 00:00:00 UTC ]
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