Hedge fund to pay $312M for McClatchy newspaper chain

Hedge fund Chatham Asset Management says it will pay $312 million to buy newspaper publisher McClatchy out of bankruptcy protection Continue reading at 'ABC News'

[ ABC News | 2020-07-25 15:28:47 UTC ]
News tagged with: #hedge fund #bankruptcy protection

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LBF: Fairgoers upbeat but editors hedge bets

Publishers and agents have noted an “upbeat” mood at this year’s fair, with many saying that the publishing industry can play an important role in helping people to navigate through or escape from the prevailing turbulent political climate. Continue reading at The Bookseller

[ The Bookseller | 2017-03-17 00:00:00 UTC ]
More news stories like this | News stories tagged with: #publishing industry #important role


Librarians Vow to Fight Trump on Funding Cuts

In a statement, the American Library Association called Trump's proposal to effectively eliminate all federal library funding "counterproductive and short-sighted," and vowed to fight. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-03-16 00:00:00 UTC ]
More news stories like this | News stories tagged with: #fight trump #funding cuts


Daunt slams 'crushing consistency' in chain bookselling

Waterstones m.d. James Daunt yesterday (2nd March) emphasised the necessity of giving power to individual store managers in bookshop chains, calling the "crushing" consistency exemplified by chain stores like W H Smith "god awful".  Continue reading at The Bookseller

[ The Bookseller | 2017-03-04 00:00:00 UTC ]
More news stories like this | News stories tagged with: #daunt slams #chain stores


MCB pays tribute to illustrator Jane Eccles

Macmillan Children's Books has paid tribute to “much-loved” illustrator Jane Eccles who passed away on Monday (27th February). Continue reading at The Bookseller

[ The Bookseller | 2017-03-03 00:00:00 UTC ]
More news stories like this | News stories tagged with: #macmillan children #paid tribute


Fairfax Media announces half-year profit and plan to keep printing newspapers

Greg Hywood says company will keep printing Sydney Morning Herald and the Age ‘for some years yet’ and may spin off Domain real estate business Fairfax Media will continue to print its daily newspapers for several years, its chief executive, Greg Hywood, confirmed at the company’s results... Continue reading at The Guardian

[ The Guardian | 2017-02-22 00:00:00 UTC ]
More news stories like this | News stories tagged with: #daily newspapers #financial year


If newspapers won't check viral stories, who will listen to them about fake news? | Jasper Jackson

Media outlets published video of cyclist responding to catcallers without checking its authenticity. The race for clicks is undermining claims people should trust the newsEven as the media continues to take Facebook to task over its fake news problem, many parts of the news business are doing... Continue reading at The Guardian

[ The Guardian | 2017-02-22 00:00:00 UTC ]
More news stories like this | News stories tagged with: #fake news #news business #tuesday evening


Facebook must pay $500 million in damages in Oculus intellectual property case

Facebook is on the hook for $500 million in damages after losing an intellectual property lawsuit Wednesday to ZeniMax Media over its virtual reality headset, the Oculus Rift. ZeniMax, a video game publisher, sued the social network in 2014 in U.S. District Court in Dallas shortly after Facebook... Continue reading at Los Angeles Times

[ Los Angeles Times | 2017-02-02 00:00:00 UTC ]
More news stories like this | News stories tagged with: #zenimax media #$500 million #oculus rift #district court


Fresh fears for libraries as councils face £5.8bn funding gap

Fresh fears for the future of libraries have emerged with the revelation that local councils are facing a £5.8bn spending gap by 2020. Continue reading at The Bookseller

[ The Bookseller | 2017-02-01 00:00:00 UTC ]
More news stories like this | News stories tagged with: #local councils


Amazon to fund legal challenge to Trump travel ban

Amazon is funding a legal challenge against US president Donald Trump's controversial "travel ban" on behalf of its employees in the US and around the world who could be affected. Continue reading at The Bookseller

[ The Bookseller | 2017-02-01 00:00:00 UTC ]
More news stories like this | News stories tagged with: #legal challenge #travel ban


Five Welsh publishers receive £250k funding

Five Welsh publishing companies have received a grant of £250,000 from the Welsh Books Council. Continue reading at The Bookseller

[ The Bookseller | 2017-01-17 00:00:00 UTC ]
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Facebook stops paying publishers to stream live video

For a while, Facebook was obsessed with live video -- it even paid publishers to make sure there was a steady flow of professionally-shot streams on offer. However, Zuckerberg and company appear to be tempering their enthusiasm a little bit. Recode s... Continue reading at Engadget

[ Engadget | 2017-01-17 00:00:00 UTC ]
More news stories like this | News stories tagged with: #steady flow


Particular Books to publish crowd-funded feminist storybook

Particular Books, an imprint of Penguin Press, is publishing a crowd-funded feminist storybook, Goodnight Stories for Rebel Girls, comprising 100 tales of "extraordinary women" from around the globe, including Michelle Obama and Jane Austen. Continue reading at The Bookseller

[ The Bookseller | 2017-01-14 00:00:00 UTC ]
More news stories like this | News stories tagged with: #penguin press #rebel girls #jane austen


'Enterprise revenues' offer newspapers a lifeline for the future

In a new book about the decline of journalism, stockbroking analyst Lorna Tilbian examines the potential of an alternative source of income for publishers Stockbroking media analysts are dispassionate observers of the industry. One of the most respected of their number is Lorna Tilbian, now head... Continue reading at The Guardian

[ The Guardian | 2017-01-13 00:00:00 UTC ]
More news stories like this | News stories tagged with: #current state #edited version #lehman brothers


Black Comics Creators Fund Diversity on Kickstarter

African-American self-publishers are using Kickstarter to meet the demand for comics with diverse stories and characters. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-12-29 00:00:00 UTC ]
More news stories like this | News stories tagged with: #diverse stories


Year in Preview: 2017 will be the year that platforms pay up

Facebook's paying for live video and Snapchat's evolving the terms of its publisher compensation in 2016 were signs that the platform giants will pony up for content. But it's not out of altruism. What platforms care most about is scale. And only a select few media companies that have the scale... Continue reading at Digiday

[ Digiday | 2016-12-21 00:00:00 UTC ]
More news stories like this | News stories tagged with: #live video #platform giants #media companies


Government slashes Creative Access funding

The future of diversity charity Creative Access, which has placed more than 100 interns from ethnic minority backgrounds in companies across the trade, is in jeopardy after the government pulled more than £2m worth of funding. Continue reading at The Bookseller

[ The Bookseller | 2016-12-14 00:00:00 UTC ]
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W&N pays tribute to A A Gill: 'one of the finest writers of our time'

Weidenfeld & Nicolson has paid tribute to journalist and critic A A Gill as "one of the finest writers of our time", following his death. Continue reading at The Bookseller

[ The Bookseller | 2016-12-13 00:00:00 UTC ]
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Schools funding and wifi among chief challenges for Ed Tech

"Significant pressure" on school budgets is likely to have a knock-on effect on ed tech, trade association British Educational Suppliers Association (BESA) has warned, after its research on the impact of budgetary constraints showed it will lead to a downgrading of ICT investments in 2016-17. Continue reading at The Bookseller

[ The Bookseller | 2016-12-03 00:00:00 UTC ]
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Libraries' Ambition report offers £4m fund but 'ignores the real issues'

The long-awaited Ambition report for Public Libraries has been published, urging local authorities to use libraries to deliver other public services such as health, with the help of a £4m dedicated fund. Continue reading at The Bookseller

[ The Bookseller | 2016-12-02 00:00:00 UTC ]
More news stories like this | News stories tagged with: #public libraries #public services


Sydney sausage sizzle sparks Fairfax fair pay fizzle | Amanda Meade

Staff at the Herald enjoying roasting newspaper managers over the gender pay gap. Plus why did the ABC bury an award-winning Richard Flanagan documentary?Sydney Morning Herald journalists had a bit of fun for a good cause on Wednesday, holding a sausage sizzle outside their office at Pyrmont to... Continue reading at The Guardian

[ The Guardian | 2016-12-02 00:00:00 UTC ]
More news stories like this | News stories tagged with: #raise awareness #female employees