Gawker Media filed for Chapter 11 bankruptcy on Friday, shortly before announcing the iconic blog network has reached an agreement with Ziff Davis to purchase its seven brands and other assets. Gawker's brands include Gawker.com, Deadspin, Lifehacker, Gizmodo, Kotaku, Jalopnik and Jezebel. "We are encouraged by the agreement with Ziff Davis, one of the most rigorously managed and profitable companies in digital media," said Gawker CEO and founder Nick Denton. "A combination would marry Ziff Davis' strength in ecommerce, licensing and video with [Gawker Media Group's] premium media brands." Ziff Davis owns media brands such as PC Magazine, IGN and AskMen, among others. In a memo obtained by Recode, CEO Vivek Shah described the agreement as a "tremendous fit between the two organizations." The filing (which you can read here via Poynter), which came with the U.S. Southern District of New York, is the latest, and widely expected, development in the years-long battle against Hulk Hogan, and later, tech billionaire Peter Thiel. In the bankruptcy filing, Gawker reported having less than $100 million in assets and more than $100 million in liabilities. During the sale process, Gawker Media will maintain normal operations. Gawker is appealing the Hulk Hogan judgment, where it has been adamant it will prevail. However, Gawker was required to put up $50 million in escrow while the appeals process plays out. Gawker says the protection afforded by the bankruptcy filing... Continue reading at 'AdWeek'
[ AdWeek | 2016-06-11 00:00:00 UTC ]
LinkedIn offloaded presentation-sharing service SlideShare to ebook and audiobook platform Scribd for an undisclosed price. The professional network acquired SlideShare for $118.75 million in May 2012. Scribd will begin operating SlideShare Sept. 24, managing accounts and content, and Scribd... Continue reading at AdWeek
[ AdWeek | 2020-08-12 14:55:00 UTC ]
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Podcast and video business with more than 100,000 subscribers sold to All3Media-owned firmBroadcaster Dan Snow has sold his Netflix-style streaming service and popular podcast business to Little Dot Studios, the digital content firm owned by Fleabag and 1917 producer All3Media.Snow, a favourite... Continue reading at The Guardian
[ The Guardian | 2020-08-11 11:47:47 UTC ]
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Calling his ownership and management of The Bookseller 'the greatest privilege of my working life,' Nigel Roby sells The Stage's Hugh Comerford. The post Nigel Roby Sells the UK’s ‘The Bookseller’ to Stage Media Company appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2020-08-07 09:05:55 UTC ]
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Quercus has pre-empted We, The Oppressors by Dr J Davy, a book about how "the infrastructures we live inside of have always been inadequate and unequal, designed to support and maintain the status of those in power at the expense of those without it". Continue reading at The Bookseller
[ The Bookseller | 2020-07-23 14:48:31 UTC ]
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Mary Trump’s Too Much and Never Enough sold 950,000 copiesLegal attempts to prevent book’s publication failedThe bombshell family tell-all book by Mary Trump, the US president’s niece, sold almost a million copies by the end of its first day on sale and remains firmly at the top of Amazon’s... Continue reading at The Guardian
[ The Guardian | 2020-07-16 21:20:12 UTC ]
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'Too Much and Never Enough,' Mary L. Trump's book on her uncle Donald Trump sets record for Simon & Schuster. But POTUS has nothing on Voldemort. Continue reading at Los Angeles Times
[ Los Angeles Times | 2020-07-16 16:14:02 UTC ]
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Hedge fund Chatham plans to buy newspaper publisher McClatchy out of bankruptcy, ending 163 years of family control Continue reading at ABC News
[ ABC News | 2020-07-12 18:20:00 UTC ]
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"Plaintiff seeks an injunction that would restrain Ms. Trump from sharing insights she alone can share on the current President during his re-election.There may be no more serious First Amendment injury in American law," argues Mary L. Trump's legal team concludes in the filing. Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-07-03 04:00:00 UTC ]
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Among the key points in a 20-page brief, Simon & Schuster lawyers point out the obvious: that the publisher is not a party to and is not bound by any confidentiality agreement agreed to by the Trump family. Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-07-01 04:00:00 UTC ]
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Active Interest Media has sold off its healthy living, fitness and outdoor divisions, collectively representing several of its largest publications, to Pocket Outdoor Media, a Colorado-based publisher of a handful of enthusiast magazines, the two companies announced Tuesday. Included in the... Continue reading at Folio Magazine
[ Folio Magazine | 2020-06-30 21:15:44 UTC ]
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The Trump family has filed a new lawsuit in the US to block the publication of Mary Trump's forthcoming exposé. It comes after Queen's County Surrogate Court dismissed the first motion on 23rd June. Continue reading at The Bookseller
[ The Bookseller | 2020-06-29 21:41:26 UTC ]
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Less than a day after the Queens County Surrogate's Court dismissed his initial June 23 motion, President Donald J. Trump's brother, Robert S. Trump, filed a new lawsuit in the New York State Supreme Court in Dutchess County, once again seeking to block publication of Mary L. Trump's forthcoming... Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-06-28 04:00:00 UTC ]
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Arlington’s Storyblocks has struck a deal to sell to private equity firm Great Hill Partners, more than a decade after the digital content company’s launch as a stock video platform. The parties did not disclose a purchase price in their announcement Thursday, and a Storyblocks spokesperson... Continue reading at Silicon Valley Business Journal
[ Silicon Valley Business Journal | 2020-06-25 17:32:16 UTC ]
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Torrance, Calif.-based Bobit Business Media has sold its automotive aftermarket division, consisting of two controlled-circulation magazines as well as a paid membership program, to 10 Missions Media, a St. Paul, Minn.-based publisher of five B2B publications serving various segments of the... Continue reading at Folio Magazine
[ Folio Magazine | 2020-06-22 15:09:13 UTC ]
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Oneworld will publish Inheritance: The Forgotten History of Mary Davies by historian Leo Hollis. Continue reading at The Bookseller
[ The Bookseller | 2020-06-15 05:25:51 UTC ]
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An awesome daily roundup of the most interesting bookish links from around the web. Continue reading at Book Riot
[ Book Riot | 2020-06-14 10:30:00 UTC ]
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The Publishers Association has expressed its support as member companies of the Association of American Publishers (AAP) filed a copyright infringement lawsuit against Internet Archive (IA), a self-described American digital library offering "universal access to all knowledge". Continue reading at The Bookseller
[ The Bookseller | 2020-06-01 17:39:50 UTC ]
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Magazine publisher Bauer Media plans to close, merge or sell ten of its print titles it says will not be Continue reading at Editor & Publisher
[ Editor & Publisher | 2020-05-19 17:01:09 UTC ]
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I MET SARAH DAVIS-GOFF, novelist and editor, at a café in Dublin to talk about publishing, her recent novel, and the particular moment Irish literature is having. After our drinks — she had a soy latte, I drank green tea — she pushed open the door, exposing a scar on her wrist. “I got it […] The... Continue reading at Los Angeles Review of Books
[ Los Angeles Review of Books | 2020-05-02 17:00:06 UTC ]
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In ‘Superpower Showdown’ (Harper Business, June), Davis and coauthor Lingling Wei examine how U.S.-China relations deteriorated to the point of impasse just as cooperation between the world’s two largest economies has become more urgent than ever. Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-04-24 04:00:00 UTC ]
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