Fairfax Media bidder TPG says it would resell media company within five years

TPG Capital tells Senate inquiry it would expand the business but concedes it has no experience running newspapersOne of the bidders for Fairfax Media, TPG Capital, has told a Senate inquiry that if the $2.7bn bid were successful the consortium would grow the media business and sell it off again in four or five years.The publisher of the Sydney Morning Herald and the Age is considering the bid from TPG Capital as well as a rival $2.87bn bid from Hellman & Friedman, lodged on Thursday. Related: Fairfax chief Greg Hywood refuses to discuss pay deal at Senate hearing Related: Why Fairfax redundancy sums don't yet add up | The Weekly Beast Continue reading... Continue reading at 'The Guardian'

[ The Guardian | 2017-05-19 00:00:00 UTC ]
News tagged with: #media business #fairfax media

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BitLit and Shelfie at Three Years: Cold Calling From Canada

After three years of cold calls to publishers, BitLit has found traction with ebook bundling and expanded into audiobooks with distributor Findaway. The post BitLit and Shelfie at Three Years: Cold Calling From Canada appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2016-02-03 00:00:00 UTC ]
More news stories like this | News stories tagged with: #canada appeared #found traction #ebook bundling


Elsevier Foundation commits $1m a year to new programmes

Elsevier's not-for-profit Elsevier Foundation has committed an annual contribution of $1m to a series of new programmes to run through to 2018, including one to encourage diversity in science, technology and medicine and another to promote science research in developing countries. Continue reading at The Bookseller

[ The Bookseller | 2016-02-03 00:00:00 UTC ]
More news stories like this | News stories tagged with: #encourage diversity #developing countries


Magazine Company Execs Talk About Taking On Tech, Disruption

The five magazine media company executives who graced the stage at the Grand Hyatt in Midtown Tuesday night all had specific (well, somewhat specific) ideas for how to grow their companies and take advantage of industry-wise disruptions, but only one called for an across-the-board increase in... Continue reading at Advertising Age

[ Advertising Age | 2016-02-03 00:00:00 UTC ]
More news stories like this | News stories tagged with: #tech giants #grand hyatt #meredith corp


Day in the life: What a publisher social media manager does

Being a social media manager involves more than tweeting, apparently. Hayley Saltzman works at Bustle in the role and revealed that her job is more strategic and planning tweets, Facebook posts and Instagram pictures. She tells Digiday that she figures out how to bring traffic into the site and... Continue reading at Digiday

[ Digiday | 2016-02-03 00:00:00 UTC ]
More news stories like this | News stories tagged with: #post day #facebook posts


Waleed Aly: don't take social media bait of misogynist provocations

Host of the Project says outrage at ‘neo-masculinist’ Daryush Valizadeh should be channelled into something positive, rather than fuelling his public profileWaleed Aly has called for a social media blackout on Daryush Valizadeh, the leader of “neo-masculinist” group Return of the Kings who... Continue reading at The Guardian

[ The Guardian | 2016-02-02 00:00:00 UTC ]
More news stories like this | News stories tagged with: #tuesday night #sell books


‘Sick of Reading about White Boys and Dogs,’ 11-Year-Old Launches #1000BlackGirlBooks

#1000BlackGirlBooks is a project headed by an 11-year-old in Philadelphia who wants to promote diversity in children's books. The post ‘Sick of Reading about White Boys and Dogs,’ 11-Year-Old Launches #1000BlackGirlBooks appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2016-01-29 00:00:00 UTC ]
More news stories like this | News stories tagged with: #post sick #white boys #promote diversity


Marketers, It's Time to Rebalance Your Media Scale

We're going to hear a lot about comparable metrics this year -- finally. As emerging media platforms continue to dominate the headlines -- creating the perception that ad tech is where all the audience is -- smart advertisers will insist on a lens through which the avalanche of charts, claims,... Continue reading at Advertising Age

[ Advertising Age | 2016-01-28 00:00:00 UTC ]
More news stories like this | News stories tagged with: #ad tech #sharp rise #digital devices


Hardinge's 'Lie Tree' named Costa Book of the Year

The Lie Tree by Frances Hardinge, published by Macmillan Children's Books, has been crowned the winner of the £30,000 2015 Costa Book of the Year: the first children's book to claim the prize in more than a decade. Continue reading at The Bookseller

[ The Bookseller | 2016-01-27 00:00:00 UTC ]
More news stories like this | News stories tagged with: #frances hardinge #macmillan children #lie tree


Meredith Close to Walking Away From $2.4B Acquisition by Media General

Meredith Corp. is close to walking away from its attempt to merge with Media General, allowing Nexstar Broadcasting Group to acquire the TV station owner after months of negotiation, according to people familiar with the matter.Meredith, the owner of broadcast stations and magazines like Better... Continue reading at Advertising Age

[ Advertising Age | 2016-01-27 00:00:00 UTC ]
More news stories like this | News stories tagged with: #media general #fit pregnancy #tv stations #digital businesses #quarterly results


Baroness Rebuck and Jimmy Wales join Guardian Media Group board

Chair of book publisher Penguin Random House UK and Wikipedia founder take up their roles with immediate effectGuardian Media Group has appointed Baroness Rebuck, the chair of book publisher Penguin Random House UK, and Wikipedia founder Jimmy Wales to its board.They join other high profile... Continue reading at The Guardian

[ The Guardian | 2016-01-27 00:00:00 UTC ]
More news stories like this | News stories tagged with: #baroness rebuck


Two newspaper closures as Canada's media crisis deepens

Titles give up newsprint publication due to falling advertising and sales revenueAnother day, another bleak day for newsprint in Canada. Two more Canadian dailies, the Guelph Mercury in Ontario and the Nanaimo Daily News on Vancouver Island, have announced that they will publish their final... Continue reading at The Guardian

[ The Guardian | 2016-01-26 00:00:00 UTC ]
More news stories like this | News stories tagged with: #torstar corporation #online version


Finalists Named for 2016 PW Bookstore of the Year

This year’s bookstore finalists represent a broad range of general independent bookstores, both big and small. The winner will be named in March. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-01-26 00:00:00 UTC ]
More news stories like this | News stories tagged with: #finalists named #broad range


Portsmouth newspaper's price rise a symptom of media malady

Newsprint buyers will vanish ever faster, but publishers have done too little with their digital products to make them attractive to readers or advertisersAlongside a range of cutbacks, one of the other major tactics employed by regional newspaper publishers is, of course, cover price rises.This... Continue reading at The Guardian

[ The Guardian | 2016-01-26 00:00:00 UTC ]
More news stories like this | News stories tagged with: #digital products #short term


Westchester stops Fairfax as singer Chris Brown, Flea turn up L.A. moment

It was one of those only in Los Angeles moments. Early in the second quarter of Friday night's City Section basketball showdown between Westchester and host Fairfax, fans from both sides of the sold-out bleachers started standing and screaming. And it wasn't because of a player. Singer Chris... Continue reading at Los Angeles Times

[ Los Angeles Times | 2016-01-23 00:00:00 UTC ]
More news stories like this | News stories tagged with: #friday night


VIDEO: Costa Book of the Year: Biography

The Costa Book of the Year is announced on January 26th. Nick Higham spoke to each of the shortlisted authors, including Andrea Wulf, winner of the biography prize. Continue reading at BBC News

[ BBC News | 2016-01-22 00:00:00 UTC ]
More news stories like this | News stories tagged with: #biography prize #costa book #shortlisted authors


IEEE: 2016 will be the year of the drone, but there's bad news for MP3 players, digital cameras, and wearables

43 percent of UK consumers expect drones to be the most influential technology in 2016, according to IEEE’s annual survey, with smart phones (38 percent) and 3D printing (31 percent) close behind. The online survey, conducted in November 2015, questioned over two thousand adults to find out what... Continue reading at Betanews

[ Betanews | 2016-01-21 00:00:00 UTC ]
More news stories like this | News stories tagged with: #bad news #annual survey #online survey


Penthouse Folds Print Magazine After 50 Years

End date for print edition still undetermined as brand plans to focus on digital content. The post Penthouse Folds Print Magazine After 50 Years appeared first on Folio:. Continue reading at Folio Magazine

[ Folio Magazine | 2016-01-19 00:00:00 UTC ]
More news stories like this | News stories tagged with: #digital content


Mills & Boon reveals 'man of the year' cover winner

Mills & Boon has revealed drama teacher and public speaker, Courtney Hayles, as the winner of its Man of the Year 2016 competition. Continue reading at The Bookseller

[ The Bookseller | 2016-01-15 00:00:00 UTC ]
More news stories like this | News stories tagged with: #mills boon #public speaker


Digital media needs to make user experience a priority — or else

User experience is about empathy for the end user, Barbarian Group's Colin Nagy said on the Digiday Podcast. Many publishers miss that as they strive to churn pageviews and banner ad impressions. The result: navigating digital media is like walking on a sticky movie theater floor. The post... Continue reading at Digiday

[ Digiday | 2016-01-15 00:00:00 UTC ]
More news stories like this | News stories tagged with: #digiday podcast #user experience #end user


Linda Thomas Brooks to Lead MPA, The Association of Magazine Media

Linda Thomas Brooks has been tapped to serve as the next president and CEO at MPA, The Association of Magazine Media, the leading magazine trade organization. She will succeed Mary Berner, who left in September to serve as chief executive of Cumulus Media.Ms. Brooks most recently was co-founder... Continue reading at Advertising Age

[ Advertising Age | 2016-01-15 00:00:00 UTC ]
More news stories like this | News stories tagged with: #magazine media #gm mediaworks #martin agency