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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International Fair Directors Meet in Sweden

At the Conference of International Book Fair Directors in Gothenburg last week, executives met to discuss industry issues and prepare a statement in support of human rights, reading, and diversity. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-06-18 00:00:00 UTC ]
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News & Notes: SELF Links up With The Players Tribune; IMAG Award Winners Revealed

F+W sells off a magazine and a pair of trade shows, and more from around the industry this week. The post News & Notes: SELF Links up With The Players Tribune; IMAG Award Winners Revealed appeared first on Folio:. Continue reading at Folio Magazine

[ Folio Magazine | 2018-06-15 00:00:00 UTC ]
More news stories like this | News stories tagged with: #news notes #trade shows


Men’s Health Taps New Creative Director | People on the Move

Men’s Health announced this week that Jamie Prokell will take on the role of creative director for the magazine, becoming Richard Dorment’s second hire since taking over as editor-in-chief. Starting July 2, Prokell will report directly to Dorment and will be in charge of guiding the brand’s... Continue reading at Folio Magazine

[ Folio Magazine | 2018-06-13 00:00:00 UTC ]
More news stories like this | News stories tagged with: #daily beast #senior writer #venture capital #copy chief


ALA Executive Director: Let’s Work Together to “Modernize” ALA

The Week in Libraries, June 8, 2018: Among the headlines this week, ALA seeks member input on its future; NYPL honors a group of great young authors; and the San Francisco Public Library is the 2018 Gale/'Library Journal' Library of the Year. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-06-08 00:00:00 UTC ]
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Facebook Audience Network Added Auction Bidding for In-App Ads

Brands can now bid in auctions for in-application advertising on Facebook Audience Network. The social network opened up header bidding via Facebook Audience Network last March, and head of publisher solutions partnerships Vijay Balan said in a blog post that publishers have seen "significant... Continue reading at AdWeek

[ AdWeek | 2018-06-07 00:00:00 UTC ]
More news stories like this | News stories tagged with: #header bidding #thousand impressions


Derkacz to replace Wright as HarperCollins' group sales director

Anna Derkacz has been promoted to HarperCollins UK group sales director with immediate effect, joining the company's executive committee. Continue reading at The Bookseller

[ The Bookseller | 2018-06-06 00:00:00 UTC ]
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Facebook embraces the mobile app version of header bidding

Facebook, looking to grow its ad business outside its own apps, has struck partnerships that enable it to plug into ad auctions run by ad exchanges like MoPubowned by TwitterFyber and Max. Facebook can now also work directly with publishers like Rovio, Talefun and GameInsight, which manage their... Continue reading at Advertising Age

[ Advertising Age | 2018-06-06 00:00:00 UTC ]
More news stories like this | News stories tagged with: #real time #ad space #demand sources #ad network


Romance writer's bid to stop authors from using word 'cocky' fails in court

Self-published author Faleena Hopkins asserted her right to the word, but judge calls attempt to stop other authors using it ‘weak’ Romance writers around the world can breathe a sigh of relief after a US court ruled that they can continue to use the adjective “cocky” in their book titles, after... Continue reading at The Guardian

[ The Guardian | 2018-06-04 00:00:00 UTC ]
More news stories like this | News stories tagged with: #book titles #trademark office #individual titles #common words


Knight Institute, ACLU Sue for More Transparent Manuscript Review Process for Government Agencies

The lack of information regarding pre-publication review policies at various government agencies raises First Amendment questions, the plaintiffs say. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-05-25 00:00:00 UTC ]
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More Cuts and a New Executive Fashion Director at Vanity Fair| People on the Move

Modern Luxury announces new group publisher, Galerie taps new EIC, and more people on the move. The post More Cuts and a New Executive Fashion Director at Vanity Fair| People on the Move appeared first on Folio:. Continue reading at Folio Magazine

[ Folio Magazine | 2018-05-23 00:00:00 UTC ]
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When Rights Are Alleged To Be ‘Trampled’: Authors Sue Education Publisher Cengage

How are authors' contractual rights with a publisher best handled when the house rolls out a digital subscription offer and promises that its entire content library will be on offer that way? An authors' lawsuit of Cengage is calling the question. The post When Rights Are Alleged To Be... Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2018-05-22 00:00:00 UTC ]
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Stan Lee: Comic book legend, 95, 'sues old company for $1bn'

The Spider-man co-creator files lawsuit over improper sale of his company and digital impersonation. Continue reading at BBC News

[ BBC News | 2018-05-16 00:00:00 UTC ]
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Textbook Authors Sue Cengage Over Subscription Service

The suit claims that Cengage "wrongfully" implemented “a unilateral change to the compensation structure for its authors” when it created a new subscription service. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-05-15 00:00:00 UTC ]
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Profile promotes Broccardo to commercial director

Profile Books has promoted sales and marketing director Diana Broccardo to commercial director. Continue reading at The Bookseller

[ The Bookseller | 2018-05-04 00:00:00 UTC ]
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Midas' Tory Lyne Pirkis made director

Independent publishing and arts PR agency Midas PR has appointed Tory Lyne Pirkis as a director following 10 years at the company. Continue reading at The Bookseller

[ The Bookseller | 2018-05-03 00:00:00 UTC ]
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Martin Lewis sues Facebook over fake adverts with his name

MoneySavingExpert founder says firm failed to stop false adverts luring victims into scamsMartin Lewis, the consumer advice and money-saving expert, is suing Facebook for defamation after it published dozens of fake adverts featuring his face and name. He is seeking exemplary damages in the high... Continue reading at The Guardian

[ The Guardian | 2018-04-23 00:00:00 UTC ]
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How an Art Director’s Frustration Fueled the Curiously Creative Instagram Feed ‘Trump as Food’

Agency creatives famously maintain all sorts of side projects, from a collection of fonts based on late rock stars' handwriting to a book based on an Instagram account summarizing millennial life. These efforts tend to get political (as so many things do these days), and ad folk have been... Continue reading at AdWeek

[ AdWeek | 2018-04-19 00:00:00 UTC ]
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London Book Fair 2018: Four Questions for...Brianna Schofield, Executive Director of the Authors Alliance

Ahead of its fourth anniversary, how is the organization faring? PW recently caught up with Brianna Schofield, executive directors of the Authors Alliance. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-04-10 00:00:00 UTC ]
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Michael Ferro Steps Down as Chairman of Tronc

Michael W. Ferro Jr. stepped down as chairman of the newspaper publisher Tronc after a period of intense scrutiny that included newsroom unrest at The Los Angeles Times. Continue reading at The New York Times

[ The New York Times | 2018-03-20 00:00:00 UTC ]
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