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

Other Publishing stories related to: 'Shareholder Sues Tribune Directors, Chairman Over Spurned Gannett Bid'


After AWP Dismisses Exec Director, Questions and Anger Linger

Hours after AWP18 wound down last week, the literary organization's board of trustees severed ties with its longtime executive director, David Fenza. The move has angered a number of former board members and others within the literary community. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-03-19 00:00:00 UTC ]
More news stories like this | News stories tagged with: #board members #literary organization #david fenza #literary community


Harper Lee's estate to sue over Broadway version of Mockingbird

The estate of Harper Lee is reportedly suing the producers of a much-anticipated Broadway adaptation of To Kill a Mockingbird. Continue reading at The Bookseller

[ The Bookseller | 2018-03-16 00:00:00 UTC ]
More news stories like this | News stories tagged with: #harper lee


NBC News Chairman Lack Sees No Value for Publishers in Facebook

NBC News' Chairman Andrew Lack isn't optimistic on Facebook."Facebook doesn't have value for publishers really," Lack told reporters during a press briefing on NBC News' digital initiatives on Wednesday. "I call them Fakebook.""What's frustrating about Facebook is you can't have a relationship... Continue reading at Advertising Age

[ Advertising Age | 2018-03-15 00:00:00 UTC ]
More news stories like this | News stories tagged with: #facebook doesn #nbc news #press briefing #digital initiatives #content creation


Fundraising bid to map attacks against freedom of expression

Index on Censorship is bidding to raise £15,000 by the end of this month to map attacks against freedom of expression and demand governments do more to stop them. Continue reading at The Bookseller

[ The Bookseller | 2018-03-06 00:00:00 UTC ]
More news stories like this |


One Russian Textbook Publisher Sues Another Over Alleged Trademark Infringement

Putting into question thousands of textbooks already bought and in use, the publisher Prosveshchenie says that Ventana-Graf textbooks are making wrongful use of its logo–and that those books are therefore 'counterfeit.' The post One Russian Textbook Publisher Sues Another Over Alleged Trademark... Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2018-02-23 00:00:00 UTC ]
More news stories like this |


Former FBI director James Comey signs with Pan Macmillan

Pan Macmillan will publish a book from former FBI director James Comey on "ethical leadership" a year after he was dismissed by US president Donald Trump. Continue reading at The Bookseller

[ The Bookseller | 2018-02-21 00:00:00 UTC ]
More news stories like this | News stories tagged with: #pan macmillan


Transworld promotes Francesca Best to editorial director

Francesca Best has been promoted from senior commissioning editor to editorial director for Transworld. Continue reading at The Bookseller

[ The Bookseller | 2018-02-20 00:00:00 UTC ]
More news stories like this |


Chicagoland Bookseller Named GLIBA Executive Director

The Great Lakes Independent Booksellers Association has named GLIBA board member Larry Law as its executive director, effective March 1. Law currently serves as director of e-commerce and marketing at Anderson's Bookshops in Naperville, Ill. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-02-16 00:00:00 UTC ]
More news stories like this |


Mellor becomes publishing director at Pan Mac

Pan Macmillan has promoted Vicki Mellor to the newly-created role of publishing director of the commercial fiction team. Continue reading at The Bookseller

[ The Bookseller | 2018-02-16 00:00:00 UTC ]
More news stories like this | News stories tagged with: #pan mac #pan macmillan


Trump renews bid to eradicate arts and library funding

The Trump administration has again proposed to eliminate funding for the National Endowments for the Arts (NEA) and Humanities and the Institute of Museum and Library Services (IMLS). Continue reading at The Bookseller

[ The Bookseller | 2018-02-14 00:00:00 UTC ]
More news stories like this | News stories tagged with: #library funding #trump administration #national endowments #arts nea


Paddington director 'in talks' for new Wonka film

Warner Bros. is in talks with Paul King, the director of the two "Paddington" films, to take on a new adaptation of “Willy Wonka”, according to Variety magazine. Continue reading at The Bookseller

[ The Bookseller | 2018-02-14 00:00:00 UTC ]
More news stories like this | News stories tagged with: #warner bros


SIBA Bids to Create Eureka Moments

The Southern Independent Booksellers Association is preparing to hold its first ever “EUREKAsiba” on February 20 in Atlanta, a day-long event aimed at inspiring booksellers to think outside the box. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-02-14 00:00:00 UTC ]
More news stories like this |


Trump Renews Bid to Eliminate Library Funding, NEA, and NEH

As it did last year, the Trump administration has once again proposed the permanent elimination of the National Endowments for the Arts and Humanities, as well as the elimination of the Institute of Museum and Library Services. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-02-12 00:00:00 UTC ]
More news stories like this | News stories tagged with: #trump administration #national endowments #library services


HarperCollins' group sales director Wright leaves

HarperCollins’ group sales director Oliver Wright has left the company with immediate effect. In a short statement issued on Friday (9th February), a spokesperson for the publisher said Wright had departed to “pursue other opportunities”. The sales team will report to HarperCollins c.e.o.... Continue reading at The Bookseller

[ The Bookseller | 2018-02-10 00:00:00 UTC ]
More news stories like this | News stories tagged with: #sales team #charlie redmayne


Newsweek Media Group’s Publisher and Finance Director Resign Amid Reports of Advertising Fraud

Newsweek Media Group's chairman and finance director have resigned from their roles at the company. Newsweek Media Group (formerly IBT Media)--which owns Newsweek, International Business Times and other digital media properties--confirmed in a memo to staff on Thursday that Etienne Uzac and... Continue reading at AdWeek

[ AdWeek | 2018-02-03 00:00:00 UTC ]
More news stories like this | News stories tagged with: #previous day #finance director


OpenBook Managing Director Cites 14.55 Percent Growth in Chinese Book Market

Figures from OpenBook's 'Reading X' conference show that promising growth for the market, including a big uptick in online book sales in 2017. The post OpenBook Managing Director Cites 14.55 Percent Growth in Chinese Book Market appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2018-01-31 00:00:00 UTC ]
More news stories like this |


Sue Buswell joins Andersen Press

Andersen Press has appointed Sue Buswell, formerly of the Hachette Children’s Group, as editorial director for picture books, covering Libby Hamilton’s maternity leave. Continue reading at The Bookseller

[ The Bookseller | 2018-01-30 00:00:00 UTC ]
More news stories like this | News stories tagged with: #andersen press #hachette children #picture books #maternity leave


ALA Names Mary Ghikas Executive Director Through January 2020

Mary Ghikas, interim director since August 2017, will continue to head the association through January 2020. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-01-29 00:00:00 UTC ]
More news stories like this | News stories tagged with: #interim director


'Logan' director James Mangold surprised that Wolverine film got him his first Oscar nod for adapted screenplay

“Logan” director and screenwriter James Mangold has helped bring mainstream comic book films back to the Academy Awards. The “Walk the Line” and “Girl, Interrupted” director earned his first Oscar nomination on Tuesday for adapted screenplay for co-writing the final Wolverine film. Mangold teamed... Continue reading at Los Angeles Times

[ Los Angeles Times | 2018-01-24 00:00:00 UTC ]
More news stories like this | News stories tagged with: #academy awards


How video header bidding is opening doors for Ranker

Video has emerged as the undeniable future of programmatic advertising. Find out online publisher and Quantcast Top 30 site Ranker is utilizing video header bidding to get ahead — and stay ahead — of their competitors. Sponsored by AppNexus. The post How video header bidding is opening doors for... Continue reading at Digiday

[ Digiday | 2018-01-23 00:00:00 UTC ]
More news stories like this | News stories tagged with: #opening doors #programmatic advertising #online publisher