Shareholder Sues Tribune Directors, Chairman Over Spurned Gannett Bid

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 ]
News tagged with: #media company #cash infusion #board members #taking steps

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Schwenke Named Executive Director of AWP

Chloe Schwenke has been named executive director of the Association of Writers and Writing Programs after nearly a year serving in the role in an interim position. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-04-11 00:00:00 UTC ]
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PRH Children’s hires Alex Moyet as brand director

Alex Moyet, formerly senior marketing manager at Activision, has joined Penguin Random House (PRH) Children’s as brand director. Continue reading at The Bookseller

[ The Bookseller | 2019-04-10 00:00:00 UTC ]
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Blackman joins Bertram as buying director

Bertram Group has appointed Tesco's former head of books Garry Blackman as buying director, replacing Steve Potter. Continue reading at The Bookseller

[ The Bookseller | 2019-04-09 00:00:00 UTC ]
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Hodder & Stoughton publicity director Swannell moves to Headline

Headline has appointed Louise Swannell from Hodder & Stoughton as its new publicity director, with a promotion for Jessica Farrugia and two new publicity managers joining the team. Continue reading at The Bookseller

[ The Bookseller | 2019-04-06 00:00:00 UTC ]
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Vogue’s Digital Director Takes Us Inside the Brand’s Cross-Platform Strategy

Vogue may still be best known for its print edition, whose September fashion issue, though thinner each year, remains a relative bible against its competitors. But some may be surprised to learn that 13.3 million U.S. adults visited Vogue.com in February, according to comScore data, an increase... Continue reading at Folio Magazine

[ Folio Magazine | 2019-04-05 00:00:00 UTC ]
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Q&A with Scribe's art director Miriam Rosenbloom

The Australian list with a UK outpost is looking to spread its vibrant picture books far and wide, and is seeking compassionate non-fiction at this year's fair. Continue reading at The Bookseller

[ The Bookseller | 2019-04-03 00:00:00 UTC ]
More news stories like this | News stories tagged with: #uk outpost


Gorman made English PEN director as Byatt joins First Story

English PEN has named its new director as Daniel Gorman, current executive director of the Shubbak Festival. Continue reading at The Bookseller

[ The Bookseller | 2019-03-28 00:00:00 UTC ]
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Appreciation: Larry Cohen, the genre director who steadfastly avoided the generic

The “New Hollywood” era of the late 1960s and early ’70s has inspired shelves of showbiz history books about how visionary filmmakers such as Martin Scorsese, Francis Ford Coppola, Brian De Palma, George Lucas and Steven Spielberg fused their personal experiences with the stuff of old B-movies,... Continue reading at Los Angeles Times

[ Los Angeles Times | 2019-03-26 00:00:00 UTC ]
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Paul McCartney's school book sold for £46k after bidding war

The exercise book contained English Literature essays written by the former Beatles member. Continue reading at BBC News

[ BBC News | 2019-03-26 00:00:00 UTC ]
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Sue Rider joins forces with Northbank Talent

Sue Rider Management has become part of Northbank Talent Management, with founder Sue Rider joining the literary and talent agency as consultant. Continue reading at The Bookseller

[ The Bookseller | 2019-03-20 00:00:00 UTC ]
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In FY2020 Budget Proposal, Trump Renews Bid to End Federal Library Funding

ALA officials said the president's budget proposal was discouraging, but the bipartisan support in Congress over the past two years gives library supporters "reason to hope.” Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-03-11 00:00:00 UTC ]
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Bryce Harper will save tens of millions in taxes by spurning the Dodgers and Giants

For Major League Baseball players, three teams are at the bottom of the standings on state taxes: the Los Angeles Dodgers, San Diego Padres and San Francisco Giants. That’s because California is in a league of its own on personal income taxes. We’ve got by far the highest state rate in the... Continue reading at Los Angeles Times

[ Los Angeles Times | 2019-03-07 00:00:00 UTC ]
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Blackwell’s sales and marketing director to leave

Bookseller Blackwell's has confirmed sales and marketing director Dean Drew will be leaving the business in April after three years. Continue reading at The Bookseller

[ The Bookseller | 2019-02-23 00:00:00 UTC ]
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CIF Executive Director Roger Blake criticizes letter-of-intent day hoopla

Roger Blake, the executive director of the California Interscholastic Federation, is criticizing schools for going overboard on ceremonies celebrating athletes signing letters of intent in an opinion piece entitled, “The Arms Race of High School Sports.” He said that for a century,... Continue reading at Los Angeles Times

[ Los Angeles Times | 2019-02-21 00:00:00 UTC ]
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Roesler promoted to editorial director at S Fischer

German publisher S Fischer has promoted Alexander Roesler to editorial director of non-fiction, to replace Nina Sillem who left in September to establish her own literary agency. Continue reading at The Bookseller

[ The Bookseller | 2019-02-14 00:00:00 UTC ]
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Former Trump Aide Sues President for Allegedly Using Campaign NDA to Exact Retribution for Tell-All Book

Former White House communications aide and new member of the Trump White House tell-all book club Cliff Sims is suing President Trump for his attempts to enforce a nondisclosure agreement signed by Sims—and many others—when he worked for the Trump presidential campaign. Sims, the New York Times... Continue reading at Slate

[ Slate | 2019-02-12 00:00:00 UTC ]
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PRH art director John Hamilton dies aged 55

Penguin Random House's longtime art director John Hamilton has died aged 55, the publisher has confirmed, with chief executive Tom Weldon paying tribute to his "incredible spirit" which "helped define" PRH. Continue reading at The Bookseller

[ The Bookseller | 2019-02-12 00:00:00 UTC ]
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Canadian music mogul Putman in rescue bid talks for HMV

The owner of Canadian music business Sunrise Records, Doug Putman, is in rescue bid talks for HMV.  Continue reading at The Bookseller

[ The Bookseller | 2019-02-05 00:00:00 UTC ]
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Vicky Barker joins b small publishing as art director

Independent publisher b small has hired Vicky Barker, formerly a freelance illustrator and designer, as art director. Continue reading at The Bookseller

[ The Bookseller | 2019-02-01 00:00:00 UTC ]
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Bad week for digital media: The Players’ Tribune lays off eight

The athlete-centric sports publisher has laid off eight employees as the business undergoes a strategic shift. The post Bad week for digital media: The Players’ Tribune lays off eight appeared first on Digiday. Continue reading at Digiday

[ Digiday | 2019-01-26 00:00:00 UTC ]
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