Report: EBay seeking bids for Classifieds Group at activist investors' urging

EBay Inc. is making plans to sell its international classifieds arm, eBay Classifieds Group, the Wall Street Journal reported Friday, citing unnamed sources. According to the Journal, Classifieds could be worth around $10 billion. The private equity firms TPG and Blackstone Group Inc., as well as the Internet conglomerate Naspers Ltd. and the German publishing company Axel Springer SE, have reportedly expressed interest in Classifieds, and eBay has begun contacting other possible buyers. The Journal… Continue reading at 'Silicon Valley Business Journal'

[ Silicon Valley Business Journal | 2020-02-21 21:52:59 UTC ]
News tagged with: #making plans #$10 billion #german publishing

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Report: EBay seeking bids for Classifieds Group at activist investors' urging

EBay Inc. is making plans to sell its international classifieds arm, eBay Classifieds Group, the Wall Street Journal reported Friday, citing unnamed sources. According to the Journal, Classifieds could be worth around $10 billion. The private equity firms TPG and Blackstone Group Inc., as well... Continue reading at Silicon Valley Business Journal

[ Silicon Valley Business Journal | 2020-02-21 21:52:59 UTC ]
More news stories like this | All news stories tagged with: #german publishing #$10 billion #making plans


Investors Unhappy with Webtoon Quarterly Report

Currency fluctuations and flat monthly user numbers prompted investors to sell off shares of Webtoon, which went public earlier this year. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-08-12 04:00:00 UTC ]
More news stories like this | All news stories tagged with: #currency fluctuations


Springer Nature Group’s New Sustainability Report: Efforts ‘On Track’

Springer Nature's latest sustainability report includes workforce discussion and governance, risk, and compliance points. The post Springer Nature Group’s New Sustainability Report: Efforts ‘On Track’ appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2024-04-10 23:09:00 UTC ]
More news stories like this | All news stories tagged with: #springer nature


State funnels $29M in distressed hospital funding to Bronx physician group: report

A politically involved Bronx-based physician network received $29 million from a state fund formerly reserved for distressed hospitals and nursing homes, a new report found.SOMOS Community Care, a nonprofit physician network based in Kingsbridge, received funds from the Vital Access Provider... Continue reading at Crains New York

[ Crains New York | 2024-03-20 09:33:04 UTC ]
More news stories like this | All news stories tagged with: #somos #daily beast #vice chair #andrew cuomo


Hachette Book Group Delivers Mixed Environmental Report for 2023

This year, 100% of Hachette Book Group's overall paper usage came from Forest Stewardship Certified and Sustainable Forestry Initiative fiber. Use of recycled fiber, however, fell. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-12-19 05:00:00 UTC ]
More news stories like this | All news stories tagged with: #book group #recycled fiber


Hachette Book Group Reports Third Quarter Revenue Dip

CEO Michael Pietsch said the 5.2% decline was attributable to "a lighter publication schedule" compared to the same period last year and "a downward trend" in the overall publishing market. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-10-16 04:00:00 UTC ]
More news stories like this | All news stories tagged with: #book group #publishing market #downward trend #2% decline


Local newspaper group National World makes ambitious bid for Daily Telegraph

Edinburgh Evening News and Yorkshire Evening Post owner is ‘possible participant’ in sale, despite strike ballot and staff exodusA local newspaper publisher facing a staff exodus and a strike ballot over low pay has announced it is considering a bid for the Daily Telegraph.National World, which... Continue reading at The Guardian

[ The Guardian | 2023-08-10 12:57:44 UTC ]
More news stories like this | All news stories tagged with: #stock market #yorkshire post #low pay #daily telegraph


Report: Abu Dhabi’s Mubadala Backs the Hurowitz S&S Bid

Richard Hurowitz's reported bid for Simon & Schuster is said to be backed by the Abu Dhabi sovereign wealth manager Mabudala. The post Report: Abu Dhabi’s Mubadala Backs the Hurowitz S&S Bid appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2023-06-22 17:01:36 UTC ]
More news stories like this | All news stories tagged with: #simon schuster #richard hurowitz #abu dhabi #post report


Brandtech Group finally closes its acquisition of Jellyfish as French investor Fimalac comes along for the ride

After 10 months of courtship, marketing tech holding company The Brandtech Group wrapped its acquisition of Jellyfish, a digital media and marketing group with global reach that Brandtech didn’t have. Continue reading at Digiday

[ Digiday | 2023-06-01 12:01:00 UTC ]
More news stories like this | All news stories tagged with: #digital media #global reach


Report Urges Library Leaders to Address Decline in Public Library Usage Stats

In 'The Freckle Report 2021,' veteran London-based bookseller, library advocate, and former Waterstones managing director Tim Coates warns that U.S. public library usage is in decline—and he suggests library leaders must do more to reverse the slide. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-05-06 04:00:00 UTC ]
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New York Times reports News Corp bid for S&S

Rupert Murdoch's media giant News Corp has made a bid for Simon & Schuster, according to a report in the New York Times. Continue reading at The Bookseller

[ The Bookseller | 2020-11-17 08:28:03 UTC ]
More news stories like this | All news stories tagged with: #news corp #simon schuster #rupert murdoch


Publishing must ‘wake up to the world beyond the M25’, new report urges

A new report championing working class writers has published today (1st May), recommending better funding for “new collaborations” and the “decentralisation of UK publishing”–including asking more literary agents to move outside the capital–to help promote inclusion. Continue reading at The Bookseller

[ The Bookseller | 2020-04-30 13:41:58 UTC ]
More news stories like this | All news stories tagged with: #literary agents #uk publishing


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 | All news stories tagged with: #book industry #american booksellers association #book club


Egmont group reports 'good year' but prepares for 'challenging' 2020

Scandinavian media group Egmont has reported a "good year" in its latest financial results with a record revenue of €1.7bn in 2019, but has warned 2020 is expected to be a "challenging year" due to the coronavirus outbreak.  Continue reading at The Bookseller

[ The Bookseller | 2020-03-13 10:30:18 UTC ]
More news stories like this | All news stories tagged with: #egmont #coronavirus outbreak #good year #challenging year


Olin expands board to add activist investor's picks

Olin Corp. said Monday that it has added two directors to its board as part of a new agreement with activist investor Sachem Head Capital Management LP, which owns about a 9.5% interest in the chemical manufacturer. Olin said Scott Ferguson, Sachem Head's founder and managing partner, and... Continue reading at Silicon Valley Business Journal

[ Silicon Valley Business Journal | 2020-03-02 17:51:21 UTC ]
More news stories like this | All news stories tagged with: #effective immediately #managing partner


AT&T bows to pressure from activist investor, may sell ailing DirecTV unit

Mere weeks after activist investor Elliott Management publicly pressed AT&T to slash costs and dial down its acquisitions strategy, it appears as if Chairman-CEO Randall Stephenson has knuckled under to those demands. Speaking today on AT&T’s third-quarter earnings call, Stephenson laid... Continue reading at Advertising Age

[ Advertising Age | 2019-10-28 20:32:03 UTC ]
More news stories like this | All news stories tagged with: #time warner #unique position #hbo max #investment fund #streaming services


AT&T makes changes in response to activist investor push

AT&T will review its portfolio for assets it can sell off, pay down debt related to its Time Warner acquisition and add 2 board members as part of a plan to boost results Continue reading at ABC News

[ ABC News | 2019-10-28 15:17:23 UTC ]
More news stories like this | All news stories tagged with: #time warner


Essex library campaigners urge community groups to withdraw help

Essex library campaigners are warning community groups could face an “unsustainable burden” of nearly £50,000 a year if they choose to run a local library service - and are calling on more to withdraw their offers to run local libraries. Continue reading at The Bookseller

[ The Bookseller | 2019-08-19 21:57:18 UTC ]
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Clarke steps down from W H Smith as group reports strong sales

Stephen Clarke is stepping down as group chief executive at W H Smith with high street m.d. Carl Cowling to take on the role, as the group reports strong sales in its latest report.  Continue reading at The Bookseller

[ The Bookseller | 2019-05-21 07:15:56 UTC ]
More news stories like this | All news stories tagged with: #latest report #high street #stephen clarke


Circle Media Group sells CPI to private investor

Circle Media Group has sold its interest in one of Europe’s largest book printers, CPI, to a private investor, after less than nine months of ownership.  Continue reading at The Bookseller

[ The Bookseller | 2019-04-10 00:00:00 UTC ]
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