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 ]
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W H Smith has delayed a £25,000 pay increase for c.e.o. Carl Cowling after 33% of voting shareholders opposed the company's remuneration plans at this week's annual general meeting. Continue reading at The Bookseller
[ The Bookseller | 2021-01-20 17:11:37 UTC ]
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Maud Sepult will be promoted to group rights director at Simon & Schuster UK when Stephanie Purcell moves to Bloomsbury next month. Continue reading at The Bookseller
[ The Bookseller | 2021-01-14 01:49:37 UTC ]
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Welbeck has appointed Ajda Vucicevic from Mirror Books as editorial director for its narrative non-fiction team. Continue reading at The Bookseller
[ The Bookseller | 2021-01-11 11:38:29 UTC ]
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The Christian Indie Publishing Association (CIPA) announced the appointment of a new director, Susan Neal, who will launch new membership benefits starting this month. Continue reading at Publishers Weekly
[ Publishers Weekly | 2021-01-07 05:00:00 UTC ]
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Emily Poznanski, current director of strategy at German academic publishing house De Gruyter, is to join Central European University Press as its new director next month. Continue reading at The Bookseller
[ The Bookseller | 2021-01-05 12:44:37 UTC ]
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Hedge fund Alden, Tribune’s largest shareholder, has offered to buy the rest of the newspaper publisher at a price that values it at $520.6 million Continue reading at ABC News
[ ABC News | 2020-12-31 15:47:06 UTC ]
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Earlier this year, Lisa Lucas announced that she would be stepping down as executive director of the National Book Foundation to become Senior Vice President & Publisher of Pantheon and Schocken Books. This morning, the National Book Foundation announced that Lucas will be joining the... Continue reading at Literrary Hub
[ Literrary Hub | 2020-12-10 14:46:45 UTC ]
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National Book Foundation deputy director Jordan Smith has been appointed interim executive director of the Foundation, succeeding current executive director Lisa Lucas, who is leaving to become senior v-p and publisher of Pantheon and Schocken books. Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-12-10 05:00:00 UTC ]
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BBC director of arts Jonty Claypole is stepping down from his role and leaving the corporation in April 2021. Continue reading at The Bookseller
[ The Bookseller | 2020-12-07 18:10:33 UTC ]
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Scotland's National Book Awards will not go ahead this year and will be delayed until 2021 after a funding application to Creative Scotland was unsuccessful, its organisers have confirmed. Continue reading at The Bookseller
[ The Bookseller | 2020-11-23 04:05:52 UTC ]
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Former rivals to star in Leveson-style inquiry into mogul’s near-monopoly of the country’s mediaIn high public office, both men lived and died at the word of the world’s most influential media mogul, Rupert Murdoch. But now two former Australian prime ministers are at the vanguard of a campaign... Continue reading at The Guardian
[ The Guardian | 2020-11-22 07:30:15 UTC ]
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A sale of the venerable publisher of Stephen King and Hillary Clinton could fetch $1.7 billion and rev up consolidation in book publishing. Continue reading at The New York Times
[ The New York Times | 2020-11-17 08:28:15 UTC ]
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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 ]
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Years before Covid-19, when Sue Kowalski's library was closed for a building renovation and her students scattered across her district, she came up with an innovative solution to stay engaged: she bought a used RV and drove from school to school. The pandemic, however, has presented a larger... Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-11-13 05:00:00 UTC ]
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Amazon may not be in it for the long term but its investment in Autumn Nations Cup is likely to prompt interest from othersThere has been little cheer for unions and clubs this year as restrictions imposed by the pandemic have reduced cash flow to a trickle, prompted wage cuts and led to a run... Continue reading at The Guardian
[ The Guardian | 2020-11-12 19:00:30 UTC ]
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HarperCollins Christian Publishing announced the hiring of Nekasha Pratt as senior director of marketing at Thomas Nelson and Zondervan Fiction. Additionally, the publisher announced the promotions of four existing staff members to director roles, including Brad Hill, Mark Glesne, Stephanie... Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-10-29 04:00:00 UTC ]
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Kishani Widyaratna, currently commissioning editor at Picador, is joining HarperCollins as editorial director for Fourth Estate. Continue reading at The Bookseller
[ The Bookseller | 2020-10-27 20:51:30 UTC ]
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The Salt Lake City newspaper will move to weekly editions. The change will not result in any layoffs in the 65-person newsroom, according to the newspaper’s interim editor. Continue reading at The New York Times
[ The New York Times | 2020-10-27 14:16:05 UTC ]
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In this week's episode, hosts Nicole A. Cooke & R. David Lankes talk with Angela Craig, director of the Charleston County (SC) Public Library about what it’s like to run a library…one week at a time. Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-10-23 04:00:00 UTC ]
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Printing on demand and bookshops' returns policies are two major areas of the industry that need to be addressed to move the trade towards a more sustainable operation, delegates at the Independent Publishers Guild conference heard on Wednesday. Continue reading at The Bookseller
[ The Bookseller | 2020-10-21 13:20:15 UTC ]
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