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 ]
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Hanley Wood Vice Chairman Frank Anton Named to Lead Folio: CEO Summit

Part MC, part provocateur, Anton will facilitate a special program for the publishing C-suite. The post Hanley Wood Vice Chairman Frank Anton Named to Lead Folio: CEO Summit appeared first on Folio:. Continue reading at Folio Magazine

[ Folio Magazine | 2015-09-22 00:00:00 UTC ]
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Obituary: Frank Urbanowski, Former Director of MIT Press, Dies

The former MIT Press director who pioneered the strategy of focused disciplinary specialization, created the first university press website, and published the first interactive ebook died late last week. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-09-22 00:00:00 UTC ]
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Doherty and Sheppard made D H H directors

Broo Doherty and Hannah Sheppard have become new directors of the D H H Literary Agency. David Headley, founder of the agency, said he invited the pair to become directors after they helped to grow the business across a variety of genres since joining as agents in 2012. Both accepted and the... Continue reading at The Bookseller

[ The Bookseller | 2015-09-16 00:00:00 UTC ]
More news stories like this | News stories tagged with: #broo doherty #literary agency #hannah sheppard #david headley


Amazon appoints director of social responsibility

Amazon has appointed a director of social responsibility, Christine Bader, amid criticism over its business practices. The online retailer is facing scrutiny over how its policies affect the outside world, with its cloud services division consistently receiving low grades in Greenpeace’s cloud... Continue reading at The Bookseller

[ The Bookseller | 2015-09-10 00:00:00 UTC ]
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France, Southeast Asia In Spotlight at Frankfurt Rights Directors Meeting

The Rights Directors Meeting at the Frankfurt Book Fair will focus on France and the developing markets in Southeast Asia where more than 620 million people live. The post France, Southeast Asia In Spotlight at Frankfurt Rights Directors Meeting appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2015-09-03 00:00:00 UTC ]
More news stories like this | News stories tagged with: #post france #southeast asia #developing markets


AWP Exec Director Defends Kate Gale

After taking down a column that ignited a new round of controversy regarding the Association of Writers & Writing Programs, Red Hen Press' Kate Gale issued an apology while AWP says it stands behind her. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-08-27 00:00:00 UTC ]
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Avery made editorial director at William Heinemann

Tom Avery has been promoted to editorial director of William Heinemann. Avery joined the Cornerstone imprint in 2011 as editor, and was made senior editor in 2013. Before joining William Heinemann he was at Jonathan Cape and Vintage Books. Avery publishes non-fiction and some literary... Continue reading at The Bookseller

[ The Bookseller | 2015-08-13 00:00:00 UTC ]
More news stories like this | News stories tagged with: #cornerstone imprint #jonathan cape #vintage books #literary fiction #thomas harding #laurence scott #adelle waldman


Educational Publishers Sue Textbook Reseller

Three major education publishers this week filed a copyright and trademark infringement suit against a U.S.-based textbook reseller for allegedly importing and selling pirated foreign editions of popular textbooks. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-08-13 00:00:00 UTC ]
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Protests Continue As U of Akron Press Interim Director Named

As protests by authors and others continue, the University of Akron has named an interim director to oversee the transition of its university press into the school's division of libraries. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-08-12 00:00:00 UTC ]
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NCIBA Hires New Executive Director

Calvin Crosby has been named to succeed Hut Landon as executive director of the NCIBA. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-08-05 00:00:00 UTC ]
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McCurdy Re-Joins Kensington as Editorial Director

Wendy McCurdy, formerly executive editor at Berkley Publishing Group, has been named editorial director at Kensington Publishing. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-07-16 00:00:00 UTC ]
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Gannett Hires WaPo, Yahoo Sales Exec Kevin Gentzel as Revenue Chief

In the past year Kevin Gentzel has gone from newspapers to digital media and back again.After hopping from The Washington Post to Yahoo last year, Mr. Gentzel has landed at Gannett as the newspaper company's chief revenue officer and will report to the company's president of domestic publishing... Continue reading at Advertising Age

[ Advertising Age | 2015-07-15 00:00:00 UTC ]
More news stories like this | News stories tagged with: #ad revenue #longer rely #usa today #digital sites #late june #digital business


Tribune expands its Web-syndication business to video

Tribune Content Agency, a content “clearinghouse” for Tribune Publishing, has launched a new video-syndication network, which will offer its publishing partners more than 1,000 new videos per day from media companies like Reuters, AP, Bloomberg, the Chicago Tribune and the LA Times. The network,... Continue reading at Digiday

[ Digiday | 2015-07-15 00:00:00 UTC ]
More news stories like this | News stories tagged with: #tribune publishing #publishing partners #media companies #chicago tribune #content providers


Loft Literary Center Names New Executive Director

The renowned literary center in downtown Minneapolis announced this morning that Britt Udesen will be its new executive director, succeeding Jocelyn Hale. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-07-08 00:00:00 UTC ]
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Hachette Children’s appoints licensing director

Hachette Children’s Group (HCG) has appointed Katie Price, former global director of publishing at HIT Entertainment and Mattel, as licensing director. Price will take up the role at the end of August and will report directly to c.e.o. Hilary Murray Hill. Continue reading at The Bookseller

[ The Bookseller | 2015-06-30 00:00:00 UTC ]
More news stories like this | News stories tagged with: #hachette children #group hcg #global director #hit entertainment #licensing director #report directly


Campbell, Guenther Named Board Directors at B&N

Barnes & Noble has appointed Ann-Marie Campbell, president, Southern division, The Home Depot; and Paul B. Guenther, former president of PaineWebber Group, Inc., as new independent board directors. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-06-19 00:00:00 UTC ]
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Rupert Murdoch's News Corp. to pay dividend to shareholders

Publishing company News Corp. said its finances are in good shape and that it would begin paying investors a semiannual cash dividend. Continue reading at Los Angeles Times

[ Los Angeles Times | 2015-06-18 00:00:00 UTC ]
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What Will The New Yorker's Creative Director Be Doing At Apple?

Late last month, Wyatt Mitchell left The New Yorker for Apple. The question is, why?At the end of May, word quietly slipped that New Yorker creative director Wyatt Mitchell left the publication for a job at Apple. And the man taking his place will be Nicholas Blechman, former art director at The... Continue reading at Fast Company

[ Fast Company | 2015-06-16 00:00:00 UTC ]
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ALA Questions Bid for Independent Copyright Office

ALA joins a chorus of Internet and tech businesses in questioning a proposal to establish the U.S. Copyright office as its own independent agency. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-06-15 00:00:00 UTC ]
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USA Today Publisher Larry Kramer Steps Down As Gannett Spinoff Looms

Larry Kramer, publisher and president of USA Today since 2012, is leaving the newspaper and joining the board of directors of the new Gannett, the company announced today.Mr. Kramer's departure comes as Gannett, owner of 82 daily newspapers including USA Today as well as 46 local TV stations,... Continue reading at Advertising Age

[ Advertising Age | 2015-06-08 00:00:00 UTC ]
More news stories like this | News stories tagged with: #larry kramer #usa today #tv properties