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 ]
News tagged with:
#stunning actions
#legal authority
#employment contracts
#unilaterally reorganizing
#plans proposed
#media holdings
#diamond jewelry
#looming takeover
#national attention
#authentic brands
#licensing agreement
#licensee missed
#temporarily laid
#publishing rights
#detroit business
#publishing company
The best science fiction and fantasy book deals of the day, curated by Book Riot. Continue reading at Book Riot
[ Book Riot | 2023-07-03 14:54:55 UTC ]
More news stories like this | News stories tagged with:
#sff ebooks
#science fiction
#ebooks
Two bestselling novelists filed a suit against OpenAI, claiming the company used intellectual property to 'train' its artificial intelligence chatbot. Continue reading at Los Angeles Times
[ Los Angeles Times | 2023-07-01 14:28:47 UTC ]
More news stories like this | News stories tagged with:
#copyright infringement
#intellectual property
#novelists
First edition of Harry Potter and the Philosopher’s Stone bought by UK book collector goes up for auction next weekIt is a book that has certainly lived up to its name: a rare edition of Harry Potter and the Philosopher’s Stone bought for 30p could fetch up to £5,000 at auction.The first novel... Continue reading at The Guardian
[ The Guardian | 2023-06-30 09:29:28 UTC ]
More news stories like this | News stories tagged with:
#jk rowling
#dozen publishers
#hardback
#bloomsbury
#first novel
#uk book
#harry potter
If you think your kids should have a smart display of their very own, this might be a good time to grab two of them from Amazon. In advance of Prime Day, you can get two Echo Show 5 Kids for the price of one. The displays came out in 2023 and typically go for $100 each. By using the code... Continue reading at Engadget
[ Engadget | 2023-06-22 16:30:34 UTC ]
More news stories like this | News stories tagged with:
#play music
#apple music
#star wars
#echo devices
#prime member
#buying advice
#follow @engadgetdeals
#ebooks
Gannett, a news publisher accused of monopolistic behavior, is suing Google for monopolistic behavior. It’s the latest in a string of lawsuits against the search giant, and it repeats many of the arguments made by the Department of Justice in its second lawsuit against Google, filed earlier this... Continue reading at Engadget
[ Engadget | 2023-06-20 16:46:02 UTC ]
More news stories like this | News stories tagged with:
#advertising business
#anticompetitive behavior
#news publisher
#publishing giant
The authors of a picture book about a penguin family with two fathers sued the state and a school district that removed the book from libraries. Continue reading at The New York Times
[ The New York Times | 2023-06-20 14:25:50 UTC ]
More news stories like this | News stories tagged with:
#school district
#picture book
The best science fiction and fantasy book deals of the day, curated by Book Riot. Continue reading at Book Riot
[ Book Riot | 2023-06-19 13:54:50 UTC ]
More news stories like this | News stories tagged with:
#sff ebooks
#science fiction
#ebooks
The Jan. 6 Report could be reprinted or recorded by any publisher. So when Macmillan Audio got the draft, the race unfolded with the precision of a heist film. Continue reading at Los Angeles Times
[ Los Angeles Times | 2023-06-13 13:00:31 UTC ]
More news stories like this | News stories tagged with:
#recorded history
#macmillan audio
#macmillan
The best science fiction and fantasy book deals of the day, curated by Book Riot. Continue reading at Book Riot
[ Book Riot | 2023-06-05 13:33:24 UTC ]
More news stories like this | News stories tagged with:
#sff deals
#science fiction
Kirk Cameron is encouraging a national story time event in US public libraries August 5. Here's what library workers need to know. Continue reading at Book Riot
[ Book Riot | 2023-06-05 10:37:00 UTC ]
More news stories like this | News stories tagged with:
#brave books
#kirk cameron
#library workers
#public libraries
A coalition of 18 plaintiffs—including a powerful alliance of library, publishing, author, and bookseller groups—are suing to strike down a controversial new law that would expose librarians and booksellers to criminal liability for making allegedly inappropriate books accessible to minors. Continue reading at Publishers Weekly
[ Publishers Weekly | 2023-06-05 04:00:00 UTC ]
More news stories like this | News stories tagged with:
#expose librarians
#criminal liability
#bookseller
Regional chart-toppers include Nora Roberts's latest, 'Identity,' and Abraham Verghese's 'The Covenant of Water,' which enjoyed its best sales since its May 2 release. Plus the movie adaption of David Grann's 'Killers of the Flower Moon' is one step closer to release. Continue reading at Publishers Weekly
[ Publishers Weekly | 2023-06-02 04:00:00 UTC ]
More news stories like this | News stories tagged with:
#abraham verghese
#david grann
#flower moon
#step closer
Our favorite books coming out this week include new titles from Andre Dubus III, Juno Dawson, and Ivy Pochoda. Continue reading at Publishers Weekly
[ Publishers Weekly | 2023-06-02 04:00:00 UTC ]
More news stories like this | News stories tagged with:
#juno dawson
#ivy pochoda
Little, Brown takes on a centuries-spanning Black family saga by a recent MFA grad, Lisa Gardner sells three to Grand Central, and more. Continue reading at Publishers Weekly
[ Publishers Weekly | 2023-06-02 04:00:00 UTC ]
More news stories like this | News stories tagged with:
#book deals
#brown takes
#grand central
Digital media and marketing group Jellyfish has been wholly acquired by The Brandtech Group, driving their combined revenue to more than $1 billion. Jellyfish, which was co-founded in 2005 by chief executive Rob Pierre, currently operates across 38 offices and employs more than 2,000 people. It... Continue reading at AdWeek
[ AdWeek | 2023-06-01 12:00:00 UTC ]
More news stories like this | News stories tagged with:
#$1 billion
#digital media
As Barnes & Noble continues to put its troubled past behind it, CEO James Daunt outlined the "process of change" at the company, which includes renovating stores to make them more appealing, empowering employees, adding sidelines, and renewing the browsing experience both offline and on. Continue reading at Publishers Weekly
[ Publishers Weekly | 2023-05-24 04:00:00 UTC ]
More news stories like this | News stories tagged with:
#significant change
#book show
#bn ceo
#troubled past
#browsing experience
Sarah Harden says, “If there’s one word we talk about over and over again, it’s shifting from judgment to curiosity.” The morning I spoke with Hello Sunshine CEO Sarah Harden I revisited Cheryl Strayed’s book, Tiny Beautiful Things. A compilation of letters from Strayed’s advice column, Dear... Continue reading at Fast Company
[ Fast Company | 2023-05-22 05:00:00 UTC ]
More news stories like this | News stories tagged with:
#reese witherspoon
#advice column
#daisy jones
#production company
#advancing women
#book club
PEN America and publisher Penguin Random House filed a law suit today against a school district for book bans. Continue reading at Book Riot
[ Book Riot | 2023-05-17 16:28:56 UTC ]
More news stories like this | News stories tagged with:
#pen america
#book bans
#school district
#publisher penguin
#penguin random house
‘Embarrassed’ Daily Telegraph writer and Fox Sports host tells reporters outside court it is his turn in the spotlight of the ‘rugby league soap opera’Follow our Australia news live blog for the latest updatesGet our morning and afternoon news emails, free app or daily news podcastThe News Corp... Continue reading at The Guardian
[ The Guardian | 2023-05-17 07:00:21 UTC ]
More news stories like this | News stories tagged with:
#latest updatesget
#free app
#faces charges
#news corp
PEN officials called the suit a "first-of-its-kind challenge to unlawful censorship," bringing together concerned parents, authors, and a major publisher. "Censorship, in the form of book bans like those enacted by Escambia County, are a direct threat to democracy and our Constitutional rights,"... Continue reading at Publishers Weekly
[ Publishers Weekly | 2023-05-17 04:00:00 UTC ]
More news stories like this | News stories tagged with:
#pen america
#book bans
#major publisher
#penguin random house