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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Pearson: two-thirds of shareholders reject pay package

Two-thirds of investors in the loss-making education publisher vote against John Fallon's pay rise. Continue reading at BBC News

[ BBC News | 2017-05-05 00:00:00 UTC ]
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Trading director Siôn Hamilton leaves Foyles

Siôn Hamiton, trading director at Foyles, has left the company after 15 years in order to address his "work-life balance". Continue reading at The Bookseller

[ The Bookseller | 2017-05-03 00:00:00 UTC ]
More news stories like this | News stories tagged with: #work-life balance


Star Tribune Launches Quarterly Print Magazine

The Minneapolis magazine can be found as both a newspaper insert and on newsstands. The post Star Tribune Launches Quarterly Print Magazine appeared first on Folio:. Continue reading at Folio Magazine

[ Folio Magazine | 2017-04-20 00:00:00 UTC ]
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Helen Huthwaite promoted to Avon publishing director

Avon's editorial director Helen Huthwaite has been promoted to publishing director as the imprint expands and launches a new logo. Continue reading at The Bookseller

[ The Bookseller | 2017-04-06 00:00:00 UTC ]
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Toby Jones joins Headline as editorial director

Toby Jones, formerly group marketing and publicity director at Simon & Schuster UK, is joining Headline's commercial fiction team next month as editorial director.  Continue reading at The Bookseller

[ The Bookseller | 2017-04-06 00:00:00 UTC ]
More news stories like this | News stories tagged with: #toby jones #group marketing #publicity director


Fight escalates between chairman of L.A. Times parent and L.A. billionaire

In the latest flare-up between the two top investors in the L.A. Times’ parent company, Tronc Inc. has accused Los Angeles billionaire Patrick Soon-Shiong of demanding an investment in his own company before he agreed to buy millions of shares in the newspaper publisher last year. The allegation... Continue reading at Los Angeles Times

[ Los Angeles Times | 2017-04-04 00:00:00 UTC ]
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The winners and losers of Facebook’s dive into header bidding

The social network's latest announcement is good news for publishers, Amazon and Facebook itself, but not so much for Google and traditional supply-side platforms. The post The winners and losers of Facebook’s dive into header bidding appeared first on Digiday. Continue reading at Digiday

[ Digiday | 2017-03-29 00:00:00 UTC ]
More news stories like this | News stories tagged with: #header bidding


Polish Publishers Call for Book Tax Deductions and Make Another Bid for Fixed Prices

Having seen a bid for fixed book prices stall out before, the Polish publishers' association is making its case again to legislators in hopes of improving the industry's prospects. The post Polish Publishers Call for Book Tax Deductions and Make Another Bid for Fixed Prices appeared first on... Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2017-03-27 00:00:00 UTC ]
More news stories like this | News stories tagged with: #fixed prices #polish publishers


Google Ramps Up Header Bidding Alternative as Pressure Mounts From Facebook

Fresh on the heels of Facebook's header bidding endorsement, Google is moving to add dozens of technology partners and hundreds of publishers to the open beta of its header bidding alternative, called exchange bidding dynamic allocation, or EBDA.Google is expected to start the open beta by early... Continue reading at Advertising Age

[ Advertising Age | 2017-03-27 00:00:00 UTC ]
More news stories like this | News stories tagged with: #pressure mounts #direct knowledge #coming months #playing field #ad inventory


Facebook Just Changed the Mobile Web Landscape With Header Bidding

Facebook just executed what might best be described as a digital advertising coup against rival Google and its DoubleClick empire.The social media power said Wednesday that it's bringing advertiser demand from its Audience Network to mobile web publishers that use header bidding.Mobile... Continue reading at Advertising Age

[ Advertising Age | 2017-03-22 00:00:00 UTC ]
More news stories like this | News stories tagged with: #header bidding #rival google #audience network


HarperCollins audio director Forshaw to leave

HarperCollins’ audio director Jo Forshaw is leaving next week after eight years with the company. Continue reading at The Bookseller

[ The Bookseller | 2017-03-11 00:00:00 UTC ]
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New Writing North wins bid to run £40k David Cohen Prize

The UK’s answer to the Nobel Prize for Literature – the £40,000 David Cohen Prize  - is now being managed by New Writing North. Continue reading at The Bookseller

[ The Bookseller | 2017-01-31 00:00:00 UTC ]
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Harvard Press Director Sisler to Retire

William P. Sisler, director of Harvard University Press (HUP) for nearly 27 years, will retire at the end of the academic year on June 30. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-01-13 00:00:00 UTC ]
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Perry joins S&S as editorial director of adult fiction

Anne Perry is set to join Simon & Schuster UK as editorial director of adult fiction from her role as commissioning editor at Hodder. Continue reading at The Bookseller

[ The Bookseller | 2017-01-12 00:00:00 UTC ]
More news stories like this | News stories tagged with: #adult fiction #anne perry


Waddington made PRH group sales director as Symons resigns

Rob Waddington has been appointed group sales director for Penguin Random House UK following the resignation of Mike Symons from the role. Continue reading at The Bookseller

[ The Bookseller | 2017-01-11 00:00:00 UTC ]
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Christopher Bone appointed Hay Festival publicity director

Christopher Bone, formerly senior communications manager at FMcM Associates, has been appointed to the new role of publicity director for Hay Festival.  Continue reading at The Bookseller

[ The Bookseller | 2017-01-11 00:00:00 UTC ]
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Rose promoted to Mills & Boon brand director

Jo Rose, marketing manager at HarperCollins, has been promoted to the newly-created role of Mills & Boon brand director in anticipation of the brand's future growth. Continue reading at The Bookseller

[ The Bookseller | 2017-01-05 00:00:00 UTC ]
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Sarah Smith Named Editorial Director at Amazon

Sarah Smith has joined Amazon as editorial director for print and Kindle books, where she will oversee the books editorial team. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-12-15 00:00:00 UTC ]
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Norton Names Steven Pace Director of Trade Sales

Steven Pace, the sales director at Workman, will join W. W. Norton on January 2 as its new director of trade sales, replacing longtime v-p and trade sales director William F. Russin. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-12-14 00:00:00 UTC ]
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Goode joins Hachette Children's as sales director

Nicola Goode is leaving DK as head of sales to join Hachette Children’s Group in February as sales director. She replaces Jason McKenzie, who will be leaving the company at the end of January. Continue reading at The Bookseller

[ The Bookseller | 2016-12-09 00:00:00 UTC ]
More news stories like this | News stories tagged with: #leaving dk #sales director