A Tribune Publishing investor sued the media company's directors and Chairman Michael Ferro for spurning an $864 million buyout offer from Gannett and seeking a cash infusion from a billionaire health-care entrepreneur.Tribune's board members are seeking to unfairly entrench themselves by taking steps to ward off the $15-a-share bid from Gannett, the largest U.S. newspaper publisher, Capital Structures Realty Advisors said in a complaint made public Thursday in Delaware Chancery Court. The lawsuit was filed on behalf of Tribune and its investors.The owner of the Los Angeles Times and Chicago Tribune rejected Gannett's second offer on May 23, calling it "clearly inadequate," even though it was 22% more than an earlier $12.25-a-share bid made public in April. Instead, the board adopted anti-takeover measures to wrongfully thwart Gannett's efforts, according to Capital Structures. Continue reading at AdAge.com Continue reading at 'Advertising Age'
[ Advertising Age | 2016-06-03 00:00:00 UTC ]
Announcing WLT’s 2024 Pushcart Prize Nominees, by Daniel Simon News and Events [email protected] Mon, 12/02/2024 - 14:06 Top row (left to right): Santiago Acosta, Chantha Nguon, Rina Garcia Chua. Bottom row: Erica N. Cardwell, Leila Guerriero,... Continue reading at World Literature Today
[ World Literature Today | 2024-12-02 20:06:13 UTC ]
More news stories like this
Artificial intelligence makers have faced a mountain of criticism for borrowing from the work of others to train its models. Now the world’s largest publishing house is taking steps to ensure its authors don’t have their work plagiarized in the name of progress. The Bookseller reports that... Continue reading at Engadget
[ Engadget | 2024-10-18 21:04:36 UTC ]
More news stories like this
An international writing organisation appeared to greenlight the use of AI, prompting anger, the resignation of four board members and an entire creative community to ask: ‘What?!’Please spare a thought for artificial intelligence (AI). It may not have feelings yet but, if it did, it would feel... Continue reading at The Guardian
[ The Guardian | 2024-09-11 10:00:07 UTC ]
More news stories like this
Digital media firm Dotdash Meredith, an IAC company, notched its second consecutive quarter of double-digit advertising growth, largely due to the continued performance of its cookieless targeting tool called D/Cipher. The media company, which houses a portfolio of... Continue reading at AdWeek
[ AdWeek | 2024-08-06 21:07:20 UTC ]
More news stories like this
Conde Nast chief revenue officer Pamela Drucker Mann announced her departure from the media company this morning, according to an internal memo shared by the company. Mann, who joined Conde Nast as the sales director for beauty at Jane magazine in 2005, has served as the... Continue reading at AdWeek
[ AdWeek | 2024-05-14 17:00:24 UTC ]
More news stories like this
Chris Silbermann, whose clients include Dr. Seuss Enterprises, has been named one of nine managing directors at Creative Artists Agency, while motion picture literary department co-head Ida and literary agent Sloan Harris have joined the CAA board. Continue reading at Publishers Weekly
[ Publishers Weekly | 2024-04-11 04:00:00 UTC ]
More news stories like this
In addition to announcing changes to its executive committee, the Book Industry Charitable Foundation this week named three new board members: Christian publisher Chriscynethia Floyd, former Abrams CEO Michael Jacobs, and Vermont bookseller Emma Kaas. Continue reading at Publishers Weekly
[ Publishers Weekly | 2024-01-10 05:00:00 UTC ]
More news stories like this
Investors seemed unimpressed but analysts say even talk of a merger reflects moves to consolidate in a tough market Barbie and Tom Cruise’s Top Gun are planning on getting hitched. Warner Bros Discovery, the Hollywood studio that brought us the Batman, Harry Potter and Barbie films, and... Continue reading at The Guardian
[ The Guardian | 2023-12-21 17:19:19 UTC ]
More news stories like this
A deep bench of experience, from Penguin Random House and Disney to TikTok and YouTube, is on Simon & Schuster's new board of directors. The post Simon & Schuster Names Its New Board Members appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2023-12-07 21:21:07 UTC ]
More news stories like this
When this media company tried out a shorter workweek, it saw a boost in morale and productivity. The CEO explains the careful advanced planning this required. In early 2022, business was booming for digital publisher Alpha Brand Media, and staff were struggling to keep up with demand.Read Full... Continue reading at Fast Company
[ Fast Company | 2023-08-06 05:00:00 UTC ]
More news stories like this
Indigo Books & Music, Canada's dominant bookstore chain, announced founder Heather Reisman will retire in August; simultaneously, four board members resigned with one citing a loss of confidence in the board and mistreatment. Continue reading at Publishers Weekly
[ Publishers Weekly | 2023-06-08 04:00:00 UTC ]
More news stories like this
The two parties reportedly settled with News Corp saying it had not paid any damages and the articles in dispute would remain onlineFollow our Australia news live blog for the latest updatesGet our morning and afternoon news emails, free app or daily news podcastBruce Lehrmann has discontinued... Continue reading at The Guardian
[ The Guardian | 2023-05-30 04:40:11 UTC ]
More news stories like this
Publisher’s defence in case brought by News Corp co-chairman relies in part upon Dominion’s US suit against media giantFollow our Australia news live blog for the latest updatesGet our morning and afternoon news emails, free app or daily news podcastLachlan Murdoch allowed Fox News hosts to... Continue reading at The Guardian
[ The Guardian | 2023-04-12 07:32:45 UTC ]
More news stories like this
Rebel Girls, the media company whose mission is to instill confidence in girls, raised $8 million in a new funding round, with Penguin Random House its lead investor. Continue reading at Publishers Weekly
[ Publishers Weekly | 2023-03-06 05:00:00 UTC ]
More news stories like this
Today, actress, producer and Web3 innovator, Mila Kunis and media entrepreneur and superhero creator, Sharad Devarajan announce the launch of a multi-platform global entertainment universe, Armored Kingdom Media, Inc. Co-founded by technologist Lindsey McInerney and producer and actress Lisa... Continue reading at AdWeek
[ AdWeek | 2022-06-10 15:35:00 UTC ]
More news stories like this
Outside Inc. told staff on Friday that it would be laying off around 15% of its 580-person workforce--between 85 to 90 people--as the bundled publisher continues its transition to a primarily digital company, the Denver Business Journal reported Friday. The media company, which is composed of 36... Continue reading at AdWeek
[ AdWeek | 2022-05-21 00:26:05 UTC ]
More news stories like this
News Corp co-chairman declines Senate communications committee invitation. Plus: Daily Telegraph names and shames ‘index case’Lachlan Murdoch will be en route to reopen Fox News offices in Los Angeles on Monday when the Senate media inquiry reconvenes to consider YouTube’s temporary ban on Sky... Continue reading at The Guardian
[ The Guardian | 2021-09-03 03:21:06 UTC ]
More news stories like this
The media company is reviewing more than 70 responses, expected to conclude in September. Continue reading at Media Week
[ Media Week | 2021-08-27 17:39:39 UTC ]
More news stories like this
Former Bonnier Corp. CEO Eric Zinczenko is the new COO/president of his brother David Zinczenko's company Galvanized Media. The post Why two brothers are betting on creating new brands and e-commerce to grow their media company appeared first on Digiday. Continue reading at Digiday
[ Digiday | 2021-08-02 04:01:00 UTC ]
More news stories like this
To control the fate of your business, resist the temptation to grow dependent on the many intermediaries who’d like to sit between you and your customers. Search the phrase “every company is a media company” and you’ll get a litany of articles and posts from social media influencers about how... Continue reading at Fast Company
[ Fast Company | 2021-05-07 07:00:25 UTC ]
More news stories like this