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 and production operations such as MediaMonks and MightyHive,... Continue reading at 'AdWeek'

[ AdWeek | 2020-07-15 20:58:21 UTC ]
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Future Plc Acquires SmartBrief for $45 to $65 Million

Future plc has acquired Washington, D.C.-based online B2B publisher SmartBrief, the latest move in a string of purchases aimed at expanding the London-based media giant's presence in the U.S. Expected to close on Wednesday, the agreement involves an initial purchase price of $45 million—funded... Continue reading at Folio Magazine

[ Folio Magazine | 2019-07-30 16:09:27 UTC ]
More news stories like this | All news stories tagged with: #digital media #b2b sector #market position #global circulation #greater share


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 ]
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PRH Added £25 Million to Pearson's First Half Earnings

As Pearson continues to overhaul its education operations, the company said its stake in Penguin Random House contributed £25 million to its adjusted operating profit, up from £22 million in the first half of 2018. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-07-29 04:00:00 UTC ]
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‘Crawdads’ Tops One Million Print Sales

Delia Owens’s 'Where the Crawdads Sing' is the feel-good publishing story of the year. This is how it got there. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-07-26 04:00:00 UTC ]
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After Tor Experiment, Macmillan Expands Embargo on Library E-books

In a memo to authors and agents, Macmillan CEO John Sargent asserted that 45% of Macmillan’s U.S. “e-book reads” were now 'being borrowed for free' from libraries," and said the publisher's new terms are "designed to protect the value of your books during their first format publication." Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-07-25 04:00:00 UTC ]
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Quad/Graphics, LSC Call Off $1.4B Merger After Justice Dept. Suit

A month after pledging to "vigorously defend" its proposed $1.4 billion acquisition of rival publication printer LSC Communications in the face of a Justice Department lawsuit challenging the deal, Quad/Graphics announced on Tuesday that the two companies have agreed to end the fight. The... Continue reading at Folio Magazine

[ Folio Magazine | 2019-07-23 16:26:38 UTC ]
More news stories like this | All news stories tagged with: #authors guild #hearst #immediately respond #meredith corp #popular magazines #timely manner


Quad, LSC Call Off Merger

Quad and LSC Communications announced this morning that they have mutually agreed to call off the planned purchase of LSC by Quad following a DoJ lawsuit. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-07-23 04:00:00 UTC ]
More news stories like this | All news stories tagged with: #planned purchase


Expanded Whiting Literary Magazine Prizes Name Second Year of Winners

This year's five honorees, up from three last year, are 'The Common,' 'American Short Fiction,' 'Black Warrior Review,' 'The Margins,' and 'The Offing,' which will receive a combined $144,000 from the Whiting Foundation. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-07-18 04:00:00 UTC ]
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#BookstoresAgainstBorders Still Going Strong, $100,000 Raised to Date

#BookstoresAgainstBorders, the book world's fundraising campaign for an organization that assists immigrants to the U.S. who have been incarcerated at the border, has raised more than $100,000 in about two weeks. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-07-17 04:00:00 UTC ]
More news stories like this | All news stories tagged with: #fundraising campaign #book world


Chuck Klosterman tries to make sense of our absurd reality in ‘Raised in Captivity’

The author paints alternate realities to explore, obliquely, what it means to be alive today. Continue reading at The Washington Post

[ The Washington Post | 2019-07-16 13:15:03 UTC ]
More news stories like this | All news stories tagged with: #make sense #chuck klosterman


Stratford Literary Festival expands Bedtime Stories project with ACE funding

The organisers of Stratford Literary Festival are extending their Bedtime Stories project, which helps families in areas of disadvantage read with their children, thanks to a £15,000 Arts Council England (ACE) grant. Continue reading at The Bookseller

[ The Bookseller | 2019-07-15 08:55:07 UTC ]
More news stories like this | All news stories tagged with: #literary festival #ace funding


In another post-merger purge, Donna Speciale splits with WarnerMedia

The aftershocks of AT&T’s acquisition of Time Warner continue to rumble through the WarnerMedia unit, as longtime ad sales chief Donna Speciale is parting ways with the company just one week after she closed out the last bit of its upfront business. Speciale, who joined WarnerMedia... Continue reading at Advertising Age

[ Advertising Age | 2019-07-11 01:55:08 UTC ]
More news stories like this | All news stories tagged with: #time warner #procter gamble


Cheltenham granted ACE funding to expand reading programme

Cheltenham Festivals has received a grant of £127,608 from Arts Council England to expand its Reading Teachers = Reading Pupils programme over the next three years.  Continue reading at The Bookseller

[ The Bookseller | 2019-07-08 19:49:53 UTC ]
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#BookstoresAgainstBorders Raises $30,000 and Counting

Money raised by the participating indie bookstores, small presses, and other literary organizations participating in this past weekend's fundraising campaign will benefit the refugee aid nonprofit RAICES. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-07-08 04:00:00 UTC ]
More news stories like this | All news stories tagged with: #fundraising campaign #past weekend #small presses #money raised


WPP in exclusive talks with Bain Capital for purchase of majority stake in Kantar

WPP confirmed on Monday it is in exclusive talks with Bain Capital to sell its majority stake in Kantar to the Boston-based private-equity firm, following "press speculation." The potential deal values the data, insights and consulting giant at $4 billion, according to WPP's statement that... Continue reading at Advertising Age

[ Advertising Age | 2019-07-01 20:08:21 UTC ]
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First Democratic debate scares up 15.3 million viewers

NBC News’ coverage of the first Democratic presidential debate of the 2020 election cycle may have been short on interpersonal drama, but the two-hour event certainly managed to draw a crowd. According to Nielsen live-plus-same-day data, the debate averaged 15.3 million viewers across NBC, MSNBC... Continue reading at Advertising Age

[ Advertising Age | 2019-06-28 00:20:59 UTC ]
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Judith Krantz, Whose Tales of Sex and Shopping Sold Millions, Dies at 91

She published her first novel at 50, and her heroines were invariably rich, savvy, ambitious and preternaturally beautiful. Continue reading at The New York Times

[ The New York Times | 2019-06-24 20:37:23 UTC ]
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2 Big Book and Magazine Printers Face Suit to Block Their Merger

The U.S. Justice Department is suing to stop the proposed $1.4 billion deal between Quad/Graphics and LSC Communications on antitrust grounds. Continue reading at The New York Times

[ The New York Times | 2019-06-24 16:52:47 UTC ]
More news stories like this | All news stories tagged with: #big book #antitrust grounds #lsc communications #justice department


City targets illegal $5 million Airbnb ring

City officials are going after a group of landlords, accusing them of operating a ring of illegal short-term rentals that they marketed on popular booking sites including Airbnb, booking.com and... To view the full story, click the title link. Continue reading at Crains New York

[ Crains New York | 2019-06-20 17:52:51 UTC ]
More news stories like this | All news stories tagged with: #popular book #city officials


City targets $5 million illegal Airbnb ring

City officials are going after a group of landlords for operating a ring of illegal short term rentals that they marketed on popular booking sites including Airbnb, Booking.com and Homeaway.com. The... To view the full story, click the title link. Continue reading at Crains New York

[ Crains New York | 2019-06-20 17:52:51 UTC ]
More news stories like this | All news stories tagged with: #popular book #city officials