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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Marchesano Named Managing Director of ABM

 The search to fill the top leadership spot at ABM has ended with SIIA naming Mike Marchesano as the business media division's new managing director. Marchesano's first official day will be October 14th. Continue reading at Folio Magazine

[ Folio Magazine | 2013-09-30 00:00:00 UTC ]
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Thompson made T&H publishing director

Thames & Hudson has appointed Sophy Thompson to the new role of publishing director.... Continue reading at The Bookseller

[ The Bookseller | 2013-09-25 00:00:00 UTC ]
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Len Riggio Addresses B&N Annual Shareholders Meeting

In his first public appearance since he declined to purchase the B&N retail stores, B&N chair and founder Len Riggio responded to questions on B&N strategy in the wake of continuing Nook device losses and on his no-buy decision during the B&N annual shareholder meeting. Continue reading at Publishers Weekly

[ Publishers Weekly | 2013-09-10 00:00:00 UTC ]
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Rothschild's Salz appointed Bloomsbury chairman

Sir Anthony Salz has been appointed as chairman of Bloomsbury. Salz will take over from Jeremy... Continue reading at The Bookseller

[ The Bookseller | 2013-08-29 00:00:00 UTC ]
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Colin Dickerman named Flatiron editorial director

Colin Dickerman, formerly executive editor at The Penguin Press, has been named as editorial... Continue reading at The Bookseller

[ The Bookseller | 2013-08-22 00:00:00 UTC ]
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Investors flee as bid for Barnes & Noble's stores ends

Barnes & Noble says it plans to keep making its Nook electronic readers and will focus on offering content to its customers, even as its first-quarter net loss nearly doubled.The quarterly results came as the struggling bookseller's chairman said he is abandoning his bid for the company's... Continue reading at Crains New York

[ Crains New York | 2013-08-20 00:00:00 UTC ]
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Frankfurt Book Fair Director on German/Brazilian Collaboration

With Brazil as Guest of Honor at this year's Frankfurt Book Fair some 250 Brazilian books are being translated and Germany will feature at Rio's book fair this month. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2013-08-20 00:00:00 UTC ]
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Promotion for Sue Armstrong at Conville & Walsh

Sue Armstrong of Conville & Walsh has been promoted to the position of senior agent.... Continue reading at The Bookseller

[ The Bookseller | 2013-08-14 00:00:00 UTC ]
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HMH Shareholders Want IPO

In a report posted on its Web site, Houghton Mifflin Harcourt said that it received a notice from stockholders of at least 25% of its stock that the company begin the process of starting an initial public offering. Continue reading at Publishers Weekly

[ Publishers Weekly | 2013-08-05 00:00:00 UTC ]
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ADVERTISING SALES DIRECTOR

Salary trends switched and the gap between b-to-b, consumer and association advertising sales directors shrunk in this year’s survey. Continue reading at Folio Magazine

[ Folio Magazine | 2013-07-26 00:00:00 UTC ]
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Bolan son sues music publisher

The son of T Rex frontman, Marc Bolan, is suing a UK music publisher for $2m, alleging the company has violated copyright laws. Continue reading at BBC News

[ BBC News | 2013-07-19 00:00:00 UTC ]
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Tribune Co. to spin off newspapers

Chicago Tribune and other papers to become part of Tribune Publishing Co., separate from WGN radio and TVOne week after boosting its broadcasting holdings with the announcement of a deal to purchase 19 television stations,  Tribune Co. said Wednesday morning it intends to spin off its publishing... Continue reading at Baltimore Sun

[ Baltimore Sun | 2013-07-10 00:00:00 UTC ]
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Perform hires Martyn Jones as its global brand sponsorship director

Perform has hired Martyn Jones, the former publishing director for Stuff and FourFourTwo, as its global brand sponsorship director as part of the company's expansion. Continue reading at Media Week

[ Media Week | 2013-07-05 00:00:00 UTC ]
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Star Tribune Publishes Serialized Novel in Paper, Turns it Into an e-Book

Lynn Liedman wakes up every morning looking for the Minneapolis Star Tribune. She’s been a loyal subscriber for years, but it wasn’t until this summer that she really got hooked. She’s not reading for news. Inst ... Continue reading at Editor & Publisher

[ Editor & Publisher | 2013-07-03 00:00:00 UTC ]
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Tinder Press gets new Sue Monk Kidd

Headline has bought a new novel by Sue Monk Kidd, author of The Secret Life of Bees, for... Continue reading at The Bookseller

[ The Bookseller | 2013-06-17 00:00:00 UTC ]
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Gannett Buying Belo in $2.2 Billion Deal

Gannett, best known as the newspaper publisher behind USA Today, is making a big bet on TV: It is paying $1.5 billion, and taking on $715 million in debt, to acquire local station owner Belo Corp. If the deal gets regulatory approval, Gannett will nearly double its portfolio of TV stations from... Continue reading at AllThingsD

[ AllThingsD | 2013-06-13 00:00:00 UTC ]
More news stories like this | News stories tagged with: #tv stations #usa today #big bet #paying $1 #regulatory approval


Scarlett Johansson Sues French Author for Using Her Name in a Novel

It is "so American": actress Scarlett Johansson is suing French author Gregoire Delacourt for describing a character in his novel as her "doppleganger" -- or exact double. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2013-06-11 00:00:00 UTC ]
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What the Toronto Star, Chicago Tribune and Other Media Companies Have Learned From Publishing eBooks

In the last year, plenty of media and content companies have started publishing ebooks for the first time. In a panel at the Publishers Launch conference at Book Expo America on Wednesday, several of them discussed what they’ve learned from ... Continue reading at Editor & Publisher

[ Editor & Publisher | 2013-06-04 00:00:00 UTC ]
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Penguin appoints former E4.com director

Penguin has appointed Layla West as the director of digital channels, a newly-created role... Continue reading at The Bookseller

[ The Bookseller | 2013-06-03 00:00:00 UTC ]
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News Corp directors approve split

News Corporation's board of directors has approved the plans to separate its cable and broadcasting networks from its troubled publishing businesses, paving the way for it to take place on 28 June. Continue reading at Media Week

[ Media Week | 2013-05-28 00:00:00 UTC ]
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