Process at a very early stage and follows owner taking soundings from television rivals including ITVRichard Desmond has appointed Barclays to advise on a possible sale of Channel 5, after turning the loss making Big Brother broadcaster into a profitable operation.The process is understood to be at a very early stage with Barclays, which was involved in evaluating the potential value of Desmond's magazines including flagship title OK! in 2011, not yet thought to have approached potential buyers.The most obvious buyer which would gain the biggest strategic synergy would be ITV. However, ITV, by some distance the UK's biggest advertiser-funded broadcaster, would almost certainly run into competition issues. BSkyB could be another potential buyer, although Rupert Murdoch has in the past ruled out out bidding for the free-to-air broadcaster.Channel 5 could be a target for a foreign buyer, such as NBC Universal or Time Warner subsidiary Turner Broadcasting, although its previous owner RTL, majority-owned by German media conglomerate Bertelsmann, found it difficult to turn a profit from the UK's smallest terrestrial broadcaster.The move follows Desmond taking "soundings" among rivals, including ITV, about the potential appetite to buy Channel 5 last spring.Desmond added Channel 5 to his Northern & Shell media empire, which includes the Express and Star national titles, in 2010 buying it from RTL for £103.5m.Heavy cost-cutting, rejuvenating Channel 5's TV ad sales operation,... Continue reading at 'The Guardian'
[ The Guardian | 2014-01-02 00:00:00 UTC ]
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Awesome Media & Entertainment and Two Rivers Media, have teamed up to adapt Susan Hill’s The Small Hand: A Ghost Story (Profile), about an antique book dealer, for Channel 5 in the first adaptation of a book by the author for seven years. Continue reading at The Bookseller
[ The Bookseller | 2019-08-21 14:39:05 UTC ]
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Shaila Muñoz joins PRHGE with more than a decade working in the publishing industry, most recently at HarperCollins Christian Publishers. Continue reading at Publishers Weekly
[ Publishers Weekly | 2019-03-29 00:00:00 UTC ]
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UK sales of translated fiction grew by 5.5% last year, largely thanks to sales by top authors like Jo Nesbo, research commissioned by the Man Booker International Prize shows. Continue reading at The Bookseller
[ The Bookseller | 2019-03-06 00:00:00 UTC ]
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ABA executive director Oren Teicher said sales at independent bookstores rose 5% in 2018 over 2017, helped by the addition of 95 new stores. Continue reading at Publishers Weekly
[ Publishers Weekly | 2019-01-17 00:00:00 UTC ]
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Something of a debate is underway in the Russian market, where some see online retail as a key to future sales growth, while major chains are also showing good numbers in physical stores. Editor’s note: Following our pre-Frankfurt interview with Eksmo CEO Evgney Kapyev, reports from Moscow are... Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2018-10-19 00:00:00 UTC ]
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Barnes & Noble Education reported that revenue in the first quarter, ended July 28, fell to $337.5 million, down from $355.7 million a year ago. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-08-22 00:00:00 UTC ]
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Channel 5’s Milkshake! team is celebrating World Book Day by reading 10 picture books after striking a partnership with BookTrust. Continue reading at The Bookseller
[ The Bookseller | 2018-02-28 00:00:00 UTC ]
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DK has appointed an interim sales director after Ian Moore has decided to leave the business to start a new life with his family in Cornwall. Continue reading at The Bookseller
[ The Bookseller | 2017-11-18 00:00:00 UTC ]
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At outlets that report to NPD BookScan, unit sales of print books were 1% higher in the week ended Nov. 5, 2017, than in the comparable week in 2016. Continue reading at Publishers Weekly
[ Publishers Weekly | 2017-11-10 00:00:00 UTC ]
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A strong performance by its Nashville-based imprints FaithWords and Center Street helped lift sales 5% at Hachette Book Group in the first half of 2017 over the comparable period in 2016. Continue reading at Publishers Weekly
[ Publishers Weekly | 2017-07-27 00:00:00 UTC ]
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HarperCollins has hired Sally Wilks as its UK head of sales for the children’s department. Continue reading at The Bookseller
[ The Bookseller | 2017-02-09 00:00:00 UTC ]
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This week we interviewed Benedetta Costantini, Uk sales executive at Michael o’Mara Books. Continue reading at The Bookseller
[ The Bookseller | 2016-09-24 00:00:00 UTC ]
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We asked Maddie Jane, sales development officer at the Bible Reading Fellowship about her role. Continue reading at The Bookseller
[ The Bookseller | 2016-07-14 00:00:00 UTC ]
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This week Anna Cunnane, export sales manager at Kyle Books tells us about her role and why she rates joining the SYP. Continue reading at The Bookseller
[ The Bookseller | 2016-05-24 00:00:00 UTC ]
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Northern & Shell puts 2015 losses down to cutting prices of Star and Express titles and significant investment in digital publishingRichard Desmond’s Northern & Shell fell to a £25m loss last year after embarking on costly tabloid price cuts and boosting investment in digital... Continue reading at The Guardian
[ The Guardian | 2016-04-29 00:00:00 UTC ]
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Formerly regional sales director, Joe Murray has been promoted to associate publisher at Publishers Weekly, while Julia Molino joins the company as regional sales director. Continue reading at Publishers Weekly
[ Publishers Weekly | 2016-03-07 00:00:00 UTC ]
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A little more than one year after the sale of the company fell through, the Perseus Books Group announced Wednesday afternoon that it “has initiated a formal process to explore a potential sale of the business.” Continue reading at Publishers Weekly
[ Publishers Weekly | 2015-09-09 00:00:00 UTC ]
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Foyles has appointed Kim Huynh Thi as its first full time sales and events hire manager. As part of the Foyles Events team, she will report to both Andy Quinn, head of Events at Foyles and Richard Shaw, manager of Leafi Café at Foyles. Huynh Thi’s new role will be to organise and... Continue reading at The Bookseller
[ The Bookseller | 2015-08-13 00:00:00 UTC ]
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The Walker Books Group has appointed Lucy Pleydell-Pearce as senior group and intercompany sales manager. She joins Walker from Templar Books, where she was foreign rights manager. Pleydell-Pearce, who will take up the role 6th July, will manage the inter-company sales flow for books... Continue reading at The Bookseller
[ The Bookseller | 2015-07-03 00:00:00 UTC ]
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