Gawker sold to Univision for $135 million

Spanish-language broadcaster Univision has bought Gawker Media in an auction for $135 million. That's according to a person familiar with the matter who asked not to be identified because the deal had not been formally announced. The online gossip and news publisher was put on the block in the... Continue reading at 'Baltimore Sun'

[ Baltimore Sun | 2016-08-17 00:00:00 UTC ]
News tagged with: #$135 million #person familiar #news publisher

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Wave.tv Secures $32 Million to License, Acquire Sports Media Brands

With most live sports on hold for the past several months, sports media publishers have had to stretch their imaginations to find interesting stories to show and tell. Wave.tv, a digital media company built around working with license holders to repackage archival sports, hopes to invest more in... Continue reading at AdWeek

[ AdWeek | 2020-07-22 14:00:38 UTC ]
More news stories like this | News stories tagged with: #digital media


$3.5 Million in Grants Available for Nonprofit Publishers, Lit Orgs

The Andrew W. Mellon Foundation has provided $3.5 million to support the establishment of the Literary Arts Emergency Fund, which will support nonprofit literary publishers and organizations with $5,000-$50,000 emergency grants. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-07-17 04:00:00 UTC ]
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S4 Capital Hopes to Raise $126 Million to Further Expand Through Mergers

Martin Sorrell's S4 Capital proposed a new share offering today in hopes of raising $126 million (or 100 million euros) to further its expansion through mergers and acquisitions. The disclosure was made as part of S4 Capital's latest trading update where the company, which houses digital media... Continue reading at AdWeek

[ AdWeek | 2020-07-15 20:58:21 UTC ]
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Frankfurter Buchmesse Announces €4 Million German Federal Grant

Stand fees will be reduced by up to 50 percent and digital development will be supported by funds from Germany's 'Neustart Kultur' stimulus package. The post Frankfurter Buchmesse Announces €4 Million German Federal Grant appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2020-07-10 11:29:18 UTC ]
More news stories like this | News stories tagged with: #stand fees #digital development #frankfurter buchmesse


Australian Associated Press sold to consortium of investors and philanthropists at 11th hour

AAP chief Bruce Davidson said in an all-staff email on Monday night that the ‘new’ newswire will retain 85 editorial staff and relaunch on 1 August Newswire Australian Associated Press (AAP) has been sold in an 11th-hour bid by a philanthropic investment consortium helmed by former News Corp... Continue reading at The Guardian

[ The Guardian | 2020-06-29 11:53:06 UTC ]
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NEA Awards $1.4 Million to Literary Organizations

The National Endowment for the Arts announced $84 million in grants for 1,144 projects, including 62 for literary arts organizations, worth a total of $1.4 million. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-06-10 04:00:00 UTC ]
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I Didn’t Have a Plan: The Millions Interviews Nick Flynn

My approach to memoir writing demands a different schedule. It may be more organized. I take notes, I write in condensed bursts. I do that with poetry also, but the process is more alchemic. It’s uncontainable. It’s fluid, I can drift in another realm. The post I Didn’t Have a Plan: The Millions... Continue reading at The Millions

[ The Millions | 2020-05-29 10:00:01 UTC ]
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Team Whistle buys OTT marketing firm Tiny Horse for $30 million

Digital media company Team Whistle has acquired Tiny Horse, a marketing services firm focused on over-the-top streamers, TV networks, producers and advertisers. The companies didn’t disclose terms of the deal, however, sources told Variety the acquisition was mostly in the form of a stock swap... Continue reading at Silicon Valley Business Journal

[ Silicon Valley Business Journal | 2020-05-22 09:54:48 UTC ]
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The story behind ‘The Great Realisation,’ a post-pandemic bedtime tale that has captured the hearts of millions

A video-poem by Tom Roberts has caught the attention of Hollywood and will likely become a children’s book. Continue reading at The Washington Post

[ The Washington Post | 2020-05-14 11:00:00 UTC ]
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Petition Asking Poetry Foundation for Millions Gains Support

A Change.org petition has garnered nearly 1,500 signatures asking the Poetry Foundation to dip into its deep pockets to support poets and independent publishers who are struggling economically because of the pandemic. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-04-29 04:00:00 UTC ]
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NEA Offering $75 Million to Nonprofits to Save Jobs

The National Endowment for the Arts is now taking applications for $75 million in grants to nonprofit arts organizations to combat job losses related to Covid-19. Grants are fixed at $50,000 for individual nonprofits. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-04-09 04:00:00 UTC ]
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James Patterson Leads Group Seeking to Raise Millions for Bookstores

Author James Patterson is spearheading a group that includes Reese Witherspoon, Reese’s Book Club, the Book Industry Charitable Foundation, and the American Booksellers Association in an effort to raise millions of dollars to help save independent bookstores. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-04-02 04:00:00 UTC ]
More news stories like this | News stories tagged with: #book club #american booksellers association #book industry


Coronavirus Aid Package Includes Millions for Libraries, Schools, and the Arts

The package includes $50 million for the Institute of Museum and Library Services (IMLS) for digital inclusion projects, and a hefty $30.8 billion in relief for schools and colleges. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-03-27 04:00:00 UTC ]
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Government Executive Media Group Sold to Private Equity

After two decades as a division of Atlantic Media, GovExec is going independent. Atlantic Media owner David Bradley has sold a controlling stake in Government Executive Media Group (GEMG), a portfolio of media brands serving the public sector, to Growth Catalyst Partners, a Chicago-based... Continue reading at Folio Magazine

[ Folio Magazine | 2020-03-17 14:43:03 UTC ]
More news stories like this | News stories tagged with: #50-year history #national journal #70% stake #emerson collective #full ownership #full range


World Book Day smashes Share a Million Stories target

World Book Day smashed its Share a Million Stories target within 24 hours of the event, with 1,218,230 stories shared by Friday 9th March. Continue reading at The Bookseller

[ The Bookseller | 2020-03-11 08:50:21 UTC ]
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Amazon Charts: Mantel maintains Most-Sold number one

Hilary Mantel's The Mirror and the Light (Fourth Estate) has held the Amazon Charts' Most-Sold: Fiction top spot for a second week, the same week the eagerly awaited title sold 95,141 copies across all print editions through Nielsen BookScan's TCM. Continue reading at The Bookseller

[ The Bookseller | 2020-03-10 16:43:19 UTC ]
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Pearson Earned £65 Million In Profits from Its PRH Stake in 2019

Pearson’s 25% stake in Penguin Random House earned the company £65 million in operating profit in 2019. Pearson has sold its 25% share of PRH to Bertelsmann in a deal expected to generated net proceeds of $675 million when the transaction closes. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-02-21 05:00:00 UTC ]
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Book of Lists: Retirement plan payout boosted Mount Sinai CEO's pay above $12 million in 2017

In the Dec. 23 print edition of the Book of Lists, you’ll find hundreds of CEOs, presidents and other top executives listed alongside the organizations they run. Even more business leaders are... To view the full story, click the title link. Continue reading at Crains New York

[ Crains New York | 2019-12-23 17:08:10 UTC ]
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Most Investors Don’t Want to Touch Media Anymore. But Axios is Going to Raise Another $20 Million.

A few years ago, investors were eager to throw money at digital media startups. Not anymore. But there are some Continue reading at Editor & Publisher

[ Editor & Publisher | 2019-12-16 15:51:10 UTC ]
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Here are some of the most expensive books sold in 2019.

AbeBooks has published a list of the most expensive books they sold this year, with The Complete Works of Abraham Lincoln, which sold for $40,000, at the top. Better luck next year, signed Harry Potter deluxe set ($38,560)! A first edition of The Maltese Falcon and Mark Twain’s complete writings... Continue reading at Literrary Hub

[ Literrary Hub | 2019-12-09 21:14:37 UTC ]
More news stories like this | News stories tagged with: #complete works #abraham lincoln #harry potter #books sold