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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New Executive Director, Publisher at Feminist Press

Jamia Wilson has become both the youngest director in the 47-year history of the press, and the first woman of color to head the organization. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-07-19 00:00:00 UTC ]
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Harvard University Press Names New Director

George Andreou, currently v-p and senior editor at Alfred A. Knopf, has been named the new director of the vaunted university press. The job marks something of a homecoming for Andreou, who graduated from Harvard College in 1987. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-07-13 00:00:00 UTC ]
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Smith becomes HC deputy publishing director of estates

HarperFiction has promoted Chris Smith to deputy publishing director of estates. Continue reading at The Bookseller

[ The Bookseller | 2017-07-13 00:00:00 UTC ]
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Norman Pearlstine, Time Inc. Vice Chairman, to Retire

Pearlstine will retire in mid-July after a 40-year run in the publishing industry. The post Norman Pearlstine, Time Inc. Vice Chairman, to Retire appeared first on Folio:. Continue reading at Folio Magazine

[ Folio Magazine | 2017-07-12 00:00:00 UTC ]
More news stories like this | News stories tagged with: #norman pearlstine #vice chairman #publishing industry

Polarising right-wing writer sues over cancelled Simon and Shuster book deal

Polarising right-wing writer Milo Yiannopoulos filed a $10 million lawsuit against a New York publishing company on Friday over a cancelled book deal. Continue reading at Stuff

[ Stuff | 2017-07-11 00:00:00 UTC ]
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Milo Yiannopoulos sues former publisher for $10m

Rightwing provocateur seeks damages from Simon & Schuster after it dropped memoir Dangerous over contentious remarks – but imprint says suit is ‘without merit’A $10m (£7.7m) lawsuit announced by far-right provocateur Milo Yiannopoulos has been dismissed by his former publisher as... Continue reading at The Guardian

[ The Guardian | 2017-07-10 00:00:00 UTC ]
More news stories like this | News stories tagged with: #simon schuster #publicly dumped #legal action #publishing giant

Former Jonathan Cape publicity director Marilyn Dugdale dies

Former publicity director of Jonathan Cape, Marilyn Dugdale, has died aged 71 from cancer. Continue reading at The Bookseller

[ The Bookseller | 2017-07-08 00:00:00 UTC ]
More news stories like this | News stories tagged with: #publicity director #jonathan cape #marilyn dugdale

Antonia Byatt appointed English PEN interim director

English PEN has appointed Antonia Byatt, director of 2016's Cheltenham Literature Festival, to step in as its interim director from 3rd July. Continue reading at The Bookseller

[ The Bookseller | 2017-06-30 00:00:00 UTC ]
More news stories like this | News stories tagged with: #english pen

Ofcom has concerns about Murdoch power in UK if Sky bid allowed

Regulator’s reports conclude Murdochs are ‘fit and proper’ but allegations of harassment at Fox are ‘extremely serious and disturbing’Ofcom has published two in-depth reports on 21st Century Fox’s proposed takeover of Sky which demonstrate why it has concerns about the Murdochs’ influence on UK... Continue reading at The Guardian

[ The Guardian | 2017-06-30 00:00:00 UTC ]
More news stories like this | News stories tagged with: #proposed takeover #track record #rupert murdoch #james murdoch

Luck joins Bonnier Zaffre as brand director

Gina Luck is joining Bonnier Zaffre in the newly-appointed role of brand director, working with authors Lynda La Plante and Wilbur Smith. Continue reading at The Bookseller

[ The Bookseller | 2017-06-27 00:00:00 UTC ]
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Bids flow in for Pullman character to be named after Grenfell Tower victim

A campaign to name a character in the second part of Philip Pullman’s The Book of Dust series after one of the Grenfell Tower fire’s young victims has helped raise more than £17,000 in just over 16 hours. Continue reading at The Bookseller

[ The Bookseller | 2017-06-27 00:00:00 UTC ]
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Lambert appointed Bloomsbury chairman

Former Financial Times editor Sir Richard Lambert is to join Bloomsbury as a non-executive chairman. Continue reading at The Bookseller

[ The Bookseller | 2017-06-20 00:00:00 UTC ]
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English PEN director Glanville steps down

Jo Glanville is stepping down as director of English PEN after being awarded an honorary visiting fellowship at the German university Arbeitsstelle Holocaustliteratur. Continue reading at The Bookseller

[ The Bookseller | 2017-06-16 00:00:00 UTC ]
More news stories like this | News stories tagged with: #english pen

PRH launches 'inclusion tracker' in bid to measure diversity

Penguin Random House UK is launching an "Inclusion Tracker" to measure the diversity of its authors and staff in the pursuit of a new company-wide goal to "reflect UK society by 2025". Continue reading at The Bookseller

[ The Bookseller | 2017-06-13 00:00:00 UTC ]
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Coveney joins HarperCollins as digital innovation and projects director

Nick Coveney is set to join HarperCollins in the role of digital innovation and projects director. Continue reading at The Bookseller

[ The Bookseller | 2017-05-27 00:00:00 UTC ]
More news stories like this | News stories tagged with: #digital innovation #nick coveney #join harpercollins

NEH chairman resigns as body told to prepare for 'orderly closure'

William D. Adams, chairman of the National Endowment for the Humanities (NEH), has resigned from his post shortly ahead of news that the White House plans its "orderly closure". Continue reading at The Bookseller

[ The Bookseller | 2017-05-26 00:00:00 UTC ]
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Valley signs Chinese authors in bid to raise profile of translation

Scarborough-based indie Valley Press is to publish a seven-book series by "acclaimed" Chinese authors in an attempt to help "raise the profile of translated books in the UK". Continue reading at The Bookseller

[ The Bookseller | 2017-05-24 00:00:00 UTC ]
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NEH Chair Resigns as Trump Renews Bid to Eliminate Arts, Library Funding

The president's latest budget proposal once again seeks to terminate the NEH, NEA, and virtually all federal library funding. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-05-23 00:00:00 UTC ]
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Milo Yiannopoulos to self-publish memoir and sue Simon & Schuster

The far rightwinger, dropped by the publisher following his comments on child abuse, vows to make lives of ‘professional victims a living hell’After his memoir Dangerous was very publicly dumped by his publisher, hard-right professional provocateur Milo Yiannopoulos has announced he will instead... Continue reading at The Guardian

[ The Guardian | 2017-05-08 00:00:00 UTC ]
More news stories like this | News stories tagged with: #milo yiannopoulos #memoir dangerous #publicly dumped