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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Andy LeCount to Join HC as Sales Director

Andy LeCount will join HarperCollins on December 29 as v-p and director of sales for general books, according to a letter from president of sales Josh Marwell to staff. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-12-09 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 ]
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New University of Cincinnati Press Hires Director

Elizabeth Scarpelli has been named the University of Cincinnati Press's first director. The press, launched this summer, will publish both scholarly and regional titles with social justice themes. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-12-06 00:00:00 UTC ]
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Amazon Swings Into Header Bidding With Cloud-Based Service for Publishers

Amazon plans to announce a cloud-based header bidding solution aimed squarely at publishers as early as next week, according to people familiar with the matter.Header bidding has become one of the most important areas of ad tech because it lets publishers take more offers for their ads at once... Continue reading at Advertising Age

[ Advertising Age | 2016-12-02 00:00:00 UTC ]
More news stories like this | News stories tagged with: #header bidding #amazon plans #people familiar #ad tech

Communications director Maureen Corish to leave PRH in restructure

Maureen Corish, group communications director for Penguin Random House UK, is leaving the business at the end of November as the result of a restructure in PRH's communications function. Continue reading at The Bookseller

[ The Bookseller | 2016-11-25 00:00:00 UTC ]
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Canelo hires Corvus' Cullen as editorial director

Digital publisher Canelo has hired Corvus editor Louise Cullen as its editorial director. Continue reading at The Bookseller

[ The Bookseller | 2016-11-17 00:00:00 UTC ]
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Pan Mac's Pagan promoted to editorial director

Bella Pagan, senior commissioning editor at Pan Macmillan and Tor, has been promoted to editorial director at Pan Macmillan Fiction. Continue reading at The Bookseller

[ The Bookseller | 2016-11-16 00:00:00 UTC ]
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Philip Hoffman to become PRH chairman

Philip Hoffman, former chief corporate finance and strategic development officer at Pearson PLC, has been named chairman of Penguin Random House, succeeding John Makinson. Continue reading at The Bookseller

[ The Bookseller | 2016-11-16 00:00:00 UTC ]
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Rachel Conway made director at Georgina Capel Associates

Literary agent Rachel Conway has been made a director at Georgina Capel Associates Ltd. Continue reading at The Bookseller

[ The Bookseller | 2016-11-09 00:00:00 UTC ]
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Emad Akhtar to join Orion Fiction as publishing director

Orion Publishing Group has appointed Emad Akhtar, senior commissioning editor at Michael Joseph, as publishing director for Orion Fiction. Continue reading at The Bookseller

[ The Bookseller | 2016-11-08 00:00:00 UTC ]
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The 2016 Folio: 100 — Director-Level Doers

Recognizing the most forward-thinking and innovative leaders in magazine media. The post The 2016 Folio: 100 — Director-Level Doers appeared first on Folio:. Continue reading at Folio Magazine

[ Folio Magazine | 2016-11-03 00:00:00 UTC ]
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Gannett Abandons Effort to Buy Newspaper Publisher Tronc

The former Tribune Publishing Company, now known as Tronc, is the owner of The Los Angeles Times and The Chicago Tribune. Continue reading at The New York Times

[ The New York Times | 2016-11-01 00:00:00 UTC ]
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What Future Publishing has learned from using header bidding

Header bidding is a hot topic in publishing currently having unlocked new ways to bump up programmatic ad yields. Being early into the tech, case studies are still few and far between though magazine publisher Future has made some good headway. The group, which trades 70 percent of its 400... Continue reading at Digiday

[ Digiday | 2016-10-26 00:00:00 UTC ]
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Tool, Story Add Female Directors; and More Production Moves

Tool has signed Director and Photographer Danielle Levitt to the integrated production company's live-action roster. She has worked with Marc Jacobs, Reebok, Nike, Sprite and Old Spice. She has also photographed celebrity portraits for Jenna Lyons, Rick Owens and the cast of Broadway's... Continue reading at Advertising Age

[ Advertising Age | 2016-10-26 00:00:00 UTC ]
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Carlton hires Asher as digital director

Carlton Publishing Group has hired Japhet Asher as digital director to oversee the company’s augmented reality (AR) and digital product development. Continue reading at The Bookseller

[ The Bookseller | 2016-10-26 00:00:00 UTC ]
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Bardon promoted to publishing director of HarperVoyager

Natasha Bardon, deputy publishing director at HarperVoyager, has been promoted to publishing director with immediate effect. Continue reading at The Bookseller

[ The Bookseller | 2016-10-07 00:00:00 UTC ]
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New Executive Director Brings Breath of Fresh Air to PNBA

This year’s Pacific Northwest Booksellers Association (PNBA) fall trade show, held Sep. 29 - Oct. 2 at the Hotel Murano in Tacoma, Wash., drew 110 authors and featured 102 exhibitors. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-10-03 00:00:00 UTC ]
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Former PRH publicity director Finnigan launches own company

Emma Finnigan, previously William Heinemann and Windmill publicity director at Penguin Random House, has launched her own PR agency: Emma Finnigan PR. Continue reading at The Bookseller

[ The Bookseller | 2016-09-27 00:00:00 UTC ]
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New BISG Director's First Job: Implement the New Strategic Vision

Brian O'Leary was just named executive director of BISG, and will be charged with implementing the organization's recently created strategic plan. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-09-23 00:00:00 UTC ]
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