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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US student groups oppose McGraw-Hill/Cengage merger

Over 40 student organisations in the US have urged the US Department of Justice to block the proposed merger of publishers Cengage and McGraw-Hill. Continue reading at The Bookseller

[ The Bookseller | 2019-07-30 03:41:22 UTC ]
More news stories like this | News stories tagged with: #proposed merger


Women Rewriting the Rules of Reporting in the Arab World

In “Our Women on the Ground,” an anthology edited by the Lebanese-British journalist Zahra Hankir, 19 female journalists recount their experiences. Continue reading at The New York Times

[ The New York Times | 2019-07-29 15:37:53 UTC ]
More news stories like this | News stories tagged with: #arab world #anthology edited #anthology


Scholastic reports operating income drop of 55%

Scholastic Inc's operating income for the fiscal year ending 31st May fell 55% to $25m (£20.3m), despite a 2% increase in revenues to $1.65bn (£1.34bn), according to its latest financial results. Continue reading at The Bookseller

[ The Bookseller | 2019-07-29 11:40:07 UTC ]
More news stories like this | News stories tagged with: #operating income #2% increase #scholastic


Investors Say Data Ambiguity Is Dampening Ad Tech’s Luster

As ad-tech outfits face a tighter and tighter squeeze from industry consolidation and impending regulations surrounding data privacy, investors are starting to take notice and funnel their dollars elsewhere. This was the sentiment heard across the stage at Adweek's NexTech Conference this week,... Continue reading at AdWeek

[ AdWeek | 2019-07-26 18:48:49 UTC ]
More news stories like this | News stories tagged with: #industry consolidation #time warner #digital media


Vice UK staff unionise and urge other online media to follow suit

Move comes after four months of discussions and previous attempt three years agoVice UK has become one of the first British digital media publications to unionise, with staff urging other online-only media outlets to follow their lead while the industry is in turmoil amid financial struggles and... Continue reading at The Guardian

[ The Guardian | 2019-07-25 17:53:06 UTC ]
More news stories like this | News stories tagged with: #follow suit #online media #media outlets #job cuts #national union #digital media


Getty Trust Leads Group of Foundations Acquiring Ebony Archives for $30M

A group of private foundations led by the J. Paul Getty Trust is set to purchase the complete photography archive of Johnson Publishing—which comprises some 983,000 photographs and 3.35 million unprocessed negatives from Ebony and Jet magazines dating back to 1948—after submitting a winning $30... Continue reading at Folio Magazine

[ Folio Magazine | 2019-07-25 17:18:02 UTC ]
More news stories like this | News stories tagged with: #macarthur foundation #mellon foundation #immediately respond #winning bid #multiple parties #deal expected #widespread criticism


BA urges indies to compete for Britain’s Best Small Shop of 2019

The Booksellers Association is rallying indie bookshops to put themselves forward for Britain’s Best Small Shop of 2019 following last year's win for The Main Street Trading Company. Continue reading at The Bookseller

[ The Bookseller | 2019-07-24 11:19:31 UTC ]
More news stories like this | News stories tagged with: #small shop #booksellers association


Bustle Digital Group Acquires Tech and Science Site Inverse

Bryan Goldberg is making additional moves in digital media. Goldberg's Bustle Digital Group has acquired Inverse, a tech- and science-focused website, the company said today. Financial details of the agreement were not disclosed. The acquisition represents yet another for Goldberg and BDG, which... Continue reading at AdWeek

[ AdWeek | 2019-07-23 17:51:26 UTC ]
More news stories like this | News stories tagged with: #bryan goldberg #financial details #digital media


Boris Johnson urged to support creative industries in open letter

Boris Johnson has been urged to support a second EU referendum rather than a no-deal Brexit in order to support the UK's creative industries and protect the sector's public investment, just hours after he was elected leader of the Conservative Party.  Continue reading at The Bookseller

[ The Bookseller | 2019-07-23 11:05:44 UTC ]
More news stories like this | News stories tagged with: #open letter #boris johnson #eu referendum #no-deal brexit #creative industries #conservative party


Bookselling Groups Ready Green Initiatives

The U.K.'s Booksellers Association is working with the ABA and the Australian Bookseller Association to develop a manifesto detailing environmentally friendly practices for the book business. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-07-23 04:00:00 UTC ]
More news stories like this | News stories tagged with: #book business #booksellers association


BA urges trade to reduce environmental impact in green manifesto

The Booksellers Association is calling on the trade to reduce its environmental impact and take the lead in sustainability and eco-friendly initiatives as it reveals its green manifesto. Continue reading at The Bookseller

[ The Bookseller | 2019-07-22 18:59:42 UTC ]
More news stories like this | News stories tagged with: #environmental impact #booksellers association


Tiger Woods’ failed Open bid is bad news for NBC

Three months ago, Tiger Woods clawed out his first major championship win in 11 years, and in so doing, seemed to have put an end to a decade marked by frustration, failure and grievous injury. His triumph in Augusta was an assurance that more Sunday victories would come, and in defying the... Continue reading at Advertising Age

[ Advertising Age | 2019-07-19 19:26:04 UTC ]
More news stories like this | News stories tagged with: #$8 million #big crowd #heavy lifting #oklahoma city #nielsen


Getting the Mueller Report Right

Two consultants lead a drive to create an accessible e-version of the Mueller report. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-07-19 04:00:00 UTC ]
More news stories like this | News stories tagged with: #mueller report


Harlequin Creates Two Business Groups

The publisher will now be organized around the Harlequin Trade Publishing Group, headed by Loriana Sacilotto, and the Harlequin Brand Group, led by Brent Lewis. Angela James and Joanne Grant will leave Harlequin on July 19. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-07-18 04:00:00 UTC ]
More news stories like this | News stories tagged with: #trade publishing


Hearst Newspapers’ Texas Community Group Announces New Leadership

Hearst announced today that Clarice Touhey has been named president of the Texas Community Group for Hearst Newspapers. She succeeds Continue reading at Editor & Publisher

[ Editor & Publisher | 2019-07-15 23:38:52 UTC ]
More news stories like this | News stories tagged with: #hearst newspapers #named president #hearst


Barnes & Noble shareholders to consider Elliott offer as details of bid revealed

Barnes & Noble has issued shareholders with a formal tender offer after rebuffing a further bid from US book distributor Readerlink, made after an initial deadline following the agreement with Ellliott Advisors had passed. Continue reading at The Bookseller

[ The Bookseller | 2019-07-09 12:42:15 UTC ]
More news stories like this | News stories tagged with: #barnes noble


IVP Reports Double-Digit Sales for 2019

IVP has increased its sales over 16% from last year with a mix of old and new bestsellers, a new distribution partnership, and Amazon’s marketing services. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-07-09 04:00:00 UTC ]
More news stories like this | News stories tagged with: #distribution partnership #marketing services


Campaigners in new bid to save Essex library services

Library campaigners are calling on Essex County Council to launch a new consultation on the future of its libraries in a new bid to save the services.  Continue reading at The Bookseller

[ The Bookseller | 2019-07-08 10:24:45 UTC ]
More news stories like this | News stories tagged with: #library campaigners #libraries


Facebook and the private group problem

Anyone who has been paying attention over the past year is probably well aware that Facebook has a problem with misinformation. But a number of recent events have highlighted an issue that could be even more problematic for the company and its users: namely, harassment and various forms of... Continue reading at Columbia Journalism Review

[ Columbia Journalism Review | 2019-07-03 11:45:26 UTC ]
More news stories like this | News stories tagged with: #daily newsletter #print version #digital publishing


ALM Taps New CTO as Veteran SCOTUS Reporter Retires | People on the Move

[caption id="attachment_161551" align="alignright" width="150"] Jimi Li[/caption] ALM Media, the New York-based B2B media and intelligence firm serving the legal and financial services industries, announced the addition of Jimi Li to its executive ranks as chief technology officer. Li arrives... Continue reading at Folio Magazine

[ Folio Magazine | 2019-07-02 16:04:59 UTC ]
More news stories like this | News stories tagged with: #politics editor #full-time writer #remain based #hong kong #popular science