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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Tumblr Director Coatney Talks Social Strategy and Platform Monetization

Magazine publishers and editors are bombarded with social networking platforms and are constantly cultivating ideas as to how to take advantage of them to reach readers, monetize and refer traffic. Continue reading at Folio Magazine

[ Folio Magazine | 2011-11-05 00:00:00 UTC ]
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Esquire ad director Darren Singh appointed publisher of ShortList

Darren Singh, advertising director for Hearst's Esquire magazine, has been appointed publisher of ShortList. Continue reading at Media Week

[ Media Week | 2011-10-25 00:00:00 UTC ]
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IPC appoints Emily Hutchings as NME publishing director

IPC Media has appointed Emily Hutchings, the current publisher of weekly titles Now and Soaplife, as publishing director of music titles NME and Uncut. Continue reading at Media Week

[ Media Week | 2011-10-24 00:00:00 UTC ]
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Bidding frantic for Beukes' thriller

Written By: Charlotte Williams Publication Date: Fri, 07/10/2011 - 16:16 A high-concept thriller is currently the subject of a five-way UK publisher auction, with North American rights already sold to Mulholland Books by Oliver Munson of Blake Friedmann. Editor John Schoenfelder acquired The... Continue reading at The Bookseller

[ The Bookseller | 2011-10-07 00:00:00 UTC ]
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Waterstone's reveals board of directors

Written By: Lisa Campbell Publication Date: Tue, 04/10/2011 - 17:08 Waterstone's has unveiled a new board of directors, including a chairman with business links to Barnes & Noble. Miranda Curtis, believed to be Waterstone's first chairman in at least 20 years, works for digital broadband... Continue reading at The Bookseller

[ The Bookseller | 2011-10-04 00:00:00 UTC ]
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PPA appoints James Papworth as marketing director

The Professional Publishers Association (PPA), the body for UK magazine publishers, has appointed former IPC leader James Papworth as its first marketing director in three years. Continue reading at Media Week

[ Media Week | 2011-09-23 00:00:00 UTC ]
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Signore new Transworld editorial director

Written By: Charlotte Williams Publication Date: Tue, 20/09/2011 - 08:35 Transworld has appointed Michelle Signore, currently editor-in-chief at John Blake, to the role of editorial director. Signore will join Transworld on 17th October, and will report to publishing director Doug Young.... Continue reading at The Bookseller

[ The Bookseller | 2011-09-20 00:00:00 UTC ]
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River Publishing appoints new commercial director

Jacquie Duckworth, former associate publisher of Conde Nast's Easy Living, has joined River Publishing as commercial director. Continue reading at Media Week

[ Media Week | 2011-09-19 00:00:00 UTC ]
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Authors Guild Sues Libraries

With the Google Book Search Settlement in tatters, its fragile alliance splintering, and the parties now on a pretrial schedule, the Authors Guild last week expanded its infringement claims by suing a consortium of university libraries over a digital library initiative. Continue reading at Publishers Weekly

[ Publishers Weekly | 2011-09-16 00:00:00 UTC ]
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Authors Guild Sues Universities Over Google Book Scanning

The Authors Guild has sued five universities and a library partnership organization alleging copyright infringement over their use of certain digitized copies of... Continue reading at PC World

[ PC World | 2011-09-13 00:00:00 UTC ]
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Ellis Watson appointed managing director of DC Thomson

Regional newspaper publisher DC Thomson has appointed the former Trinity Mirror boss and chief executive of Simon Cowell's entertainment company Syco as its new managing director. Continue reading at Media Week

[ Media Week | 2011-09-05 00:00:00 UTC ]
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Yahoo, Gannett Expand Local Ad Tie-In

Embattled media companies Yahoo and Gannett are getting even cozier. Facing revenue declines, the Internet giant and the country’s biggest newspaper publisher are hoping they can boost their bottom lines with an expanded local advertising partnership. The companies initially launched a tie-in... Continue reading at AdWeek

[ AdWeek | 2011-08-31 00:00:00 UTC ]
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Quercus hires finance director, reshuffles board

Written By: Lisa Campbell Publication Date: Tue, 30/08/2011 - 09:00 Quercus has appointed a new finance director and reshuffled its board of directors. Paul Lenton, a chartered accountant who last worked on establishing a new London operation for US advertising agency Creature London, will... Continue reading at The Bookseller

[ The Bookseller | 2011-08-30 00:00:00 UTC ]
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Hearst Magazines group publishing director returns to IPC Media

Drew Kirkland, group publishing director for weekly women's and TV titles at Hearst Magazines UK, has been appointed publishing director for TV brands at IPC Media. Continue reading at Media Week

[ Media Week | 2011-08-24 00:00:00 UTC ]
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Grant appointed World Book Day director

Written By: Charlotte Williams Publication Date: Fri, 19/08/2011 - 12:03 World Book Day has appointed Kirsten Grant as director, with Cathy Schofield stepping down from her position as co-ordinator which she has held since October 2000. Grant, who was previously Puffin marketing and campaigns... Continue reading at The Bookseller

[ The Bookseller | 2011-08-19 00:00:00 UTC ]
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Books-A-Million in last-minute Borders bid

Written By: Bookseller Staff Publication Date: Fri, 22/07/2011 - 09:32 Books-A-Million has bid for up to 35 US Borders stores in a last-minute offer to try and save part of the 40-year-old bookselling chain. The chain, which also runs stores under the names Books & Co., Bookland and Joe... Continue reading at The Bookseller

[ The Bookseller | 2011-07-22 00:00:00 UTC ]
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Main to join Picador as editorial director

Written By: Graeme Neill Publication Date: Tue, 19/07/2011 - 10:17 Simon & Schuster senior commissioning editor Francesca Main is leaving the publisher to become editorial director at Picador. read more Continue reading at The Bookseller

[ The Bookseller | 2011-07-19 00:00:00 UTC ]
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"Last minute" bid needed for Borders

Written By: Bookseller Staff Publication Date: Fri, 15/07/2011 - 08:50 Borders could cease to exist by the end of next week although the retailer's lawyer said it has received other inquiries that could result in a takeover. On Wednesday a committee of unsecured creditors rejected a takeover... Continue reading at The Bookseller

[ The Bookseller | 2011-07-15 00:00:00 UTC ]
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Neil appointed HMV commercial director

Written By: Graeme Neill Publication Date: Mon, 11/07/2011 - 08:50 Michael Neil, Waterstone's former commercial director, has joined HMV as its new commercial director. He has been appointed to the retailer with immediate effect and replaces Gary Warren, who recently left to pursue new... Continue reading at The Bookseller

[ The Bookseller | 2011-07-11 00:00:00 UTC ]
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Jane Macken becomes managing director of HBM

Haymarket Business Media (HBM), the UK's digital publisher of the year*, has named Jane Macken as its managing director. Continue reading at Media Week

[ Media Week | 2011-07-05 00:00:00 UTC ]
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