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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Hearst launches blimp in the metaverse in a bid to show advertisers virtual co-branded opportunities

Hearst builds a Youth + Wellness Group Airship to show advertisers potential opportunities for virtual, co-branded experiences that can reach young female gamers. The post Hearst launches blimp in the metaverse in a bid to show advertisers virtual co-branded opportunities appeared first on Digiday. Continue reading at Digiday

[ Digiday | 2021-10-08 04:01:00 UTC ]
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Marvel sues to retain control of Avengers characters

The comics giant has issued lawsuits in a bid to hold on to the copyright of heroes including Spider-Man and Iron ManMarvel has filed a series of lawsuits in a bid to retain full control of characters including Spider-Man and Iron Man.The complaints, which were obtained by the Hollywood... Continue reading at The Guardian

[ The Guardian | 2021-09-27 14:40:42 UTC ]
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Dohle Promises Competitive Bidding Between PRH, S&S

In a Zoom chat with agents, Penguin Random House CEO Markus Dohle said that, following the approval of PRH's purchase of Simon & Schuster, editors at the two houses will be able to bid for the same book—even if they are the only publishers interested in the title. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-09-21 04:00:00 UTC ]
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DK appoints Hopkins as content licensing director

Toby Hopkins has been appointed director of content licensing at DK as the publishing house develops plans to grow B2B sales in the digital space. Continue reading at The Bookseller

[ The Bookseller | 2021-09-17 22:51:13 UTC ]
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Ghanshamdas joins Round Table Books as director

Independent children’s bookshop Round Table Books has hired Meera Ghanshamdas as its new director. Continue reading at The Bookseller

[ The Bookseller | 2021-09-01 06:07:32 UTC ]
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Kate Byrne promoted to editorial director at Headline

Headline's Kate Byrne has been promoted to editorial director with immediate effect, and is to take on the responsibility for the Headline Accent imprint, alongside Headline Eternal. Continue reading at The Bookseller

[ The Bookseller | 2021-08-17 03:38:21 UTC ]
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Tomaszewska steps up as Virago editorial director

Virago’s Rose Tomaszewska has been promoted to editorial director, two years after joining the company.   Continue reading at The Bookseller

[ The Bookseller | 2021-07-27 16:33:15 UTC ]
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CALIBA Names New Coexecutive Directors

The California Independent Booksellers Alliance announced that Ann Seaton, CALIBA’s former director of operations and Kristin Rasmussen, general manager of {pages} a bookstore in Manhattan Beach, have been appointed coexecutive directors of the association. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-07-26 04:00:00 UTC ]
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Nicholas Kristof, Times Columnist, Weighs Bid for Oregon Governor

Mr. Kristof, a two-time Pulitzer Prize winner known for his coverage of human rights abuses and women’s rights, said friends were trying to recruit him into the race to replace Gov. Kate Brown, a Democrat. Continue reading at The New York Times

[ The New York Times | 2021-07-19 17:22:47 UTC ]
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Grisham made SPCK group publishing director as two leave in restructure

SPCK Group has appointed Wendy Grisham to the newly created role of group publishing director, part of a wider restructure that sees a pair of promotions and two departures. Continue reading at The Bookseller

[ The Bookseller | 2021-07-09 06:44:57 UTC ]
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Lagardère Shareholder Fight Appears Headed to Resolution

A proxy battle over the control of Lagardère, the parent company of Hachette Livre, appears headed to a resolution, with Arnaud Lagardère willing to give up some of his family's power of the company. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-04-26 04:00:00 UTC ]
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Sue Hendra & Paul Linnet | 'We wanted to make a moment where the world disappears'

Foreign travel is still a distant dream when I speak to Sue Hendra and Paul Linnet on the anniversary of the first national lockdown, making the setting of their new picture book I Spy Island (Simon & Schuster Children’s Books) impossibly idyllic. Continue reading at The Bookseller

[ The Bookseller | 2021-04-17 20:38:45 UTC ]
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‘A Light in the Dark’ is a love letter to directors, personal flaws and all

The latest addition to film historian David Thomson’s opinionated take on the film industry is notable for what it says — and what it doesn’t. Continue reading at The Washington Post

[ The Washington Post | 2021-04-12 07:00:00 UTC ]
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Scholastic's Hennessy joins Welbeck as production director

Welbeck has appointed Clare Hennessy from Scholastic as its new production director. Continue reading at The Bookseller

[ The Bookseller | 2021-03-15 01:24:07 UTC ]
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Nine headed for board shake-up as former Fairfax director resigns

Patrick Allaway’s announcement comes a day after the company’s newspapers reported on an investigation into deputy chairman Nick FalloonThe Nine Entertainment board is facing another shake-up after the sudden resignation of a director just three months after the chief executive, Hugh Marks,... Continue reading at The Guardian

[ The Guardian | 2021-03-02 06:44:21 UTC ]
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Woody Allen's memoir publisher threatens to sue HBO over documentary

Skyhorse Publishing, the imprint behind director Woody Allen's memoir, is considering suing HBO for sampling its audiobook for a documentary series. Continue reading at Los Angeles Times

[ Los Angeles Times | 2021-02-22 22:46:48 UTC ]
More news stories like this | News stories tagged with: #documentary series #woody allen #skyhorse publishing #audiobook #memoir


The vultures come for Tribune, as the Baltimore Sun looks to escape

In December, Alden Global Capital, a New York City hedge fund and media investor, confirmed, in a filing with the Securities and Exchange Commission, that it was looking to acquire Tribune Publishing, which owns the Chicago Tribune, the New York Daily News, and the Hartford Courant, as well as... Continue reading at Columbia Journalism Review

[ Columbia Journalism Review | 2021-02-17 13:33:35 UTC ]
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Tribune agrees to purchase by hedge fund for $630 million

Newspaper publisher Tribune has agreed to be sold to Alden Global Capital, a hedge fund known for cutting costs and eliminating newsroom jobs, in a deal valued at $630 billion Continue reading at ABC News

[ ABC News | 2021-02-17 00:40:46 UTC ]
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Ruth Dickey named executive director of the National Book Foundation

Ruth Dickey will replace Lisa Lucas, who recently left the National Book Foundation to become the publisher of Pantheon and Schocken Books. Continue reading at Los Angeles Times

[ Los Angeles Times | 2021-02-11 19:41:39 UTC ]
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US National Book Awards Foundation Names Ruth Dickey As Executive Director

Ruth Dickey, the executive director of Seattle Arts & Lectures, is to take up her new post with the National Book Foundation on May 17. The post US National Book Awards Foundation Names Ruth Dickey As Executive Director appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2021-02-11 14:52:33 UTC ]
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