State will allow Charter Communications to stay in New York

Charter Communications Inc., the largest cable provider in New York, will be allowed to continue operating in New York after reaching an agreement with regulators. The state Public Service Commission approved a settlement with Charter today, reversing a decision it made a year earlier to kick Charter out of the state. The New York State Public Service Commission had determined last year that Charter (Nasdaq: CHTR) failed to deliver the benefits it promised in its merger with Time Warner Cable,… Continue reading at 'Silicon Valley Business Journal'

[ Silicon Valley Business Journal | 2019-07-12 11:59:24 UTC ]

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With consent from Brazil, AT&T has only one regulatory hurdle left before it can gobble Time Warner

Telecommunications giant AT&T has secured the blessing of Brazilian regulators for its $85-billion takeover of Time Warner Inc., moving the blockbuster deal closer to the finish line. The Dallas phone company on Wednesday said Brazil’s antitrust authority, the Conselho Administrativo de... Continue reading at Los Angeles Times

[ Los Angeles Times | 2017-10-19 00:00:00 UTC ]
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AT&T chief says CNN coverage of Trump should not be an obstacle in merger review

AT&T Chief Executive Randall Stephenson indicated that President Trump’s tensions with CNN should not factor into the federal government’s blessing of AT&T’s proposed $85-billion purchase of Time Warner Inc., which owns the cable news network. “I don’t know what the relevance is of CNN... Continue reading at Los Angeles Times

[ Los Angeles Times | 2017-10-05 00:00:00 UTC ]
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Mashable Hires Bankers to Study Options Including Sale

Mashable is exploring strategic options including the sale of all or part of the online media company, according to people with knowledge of the matter.Mashable, founded in 2005, may draw interest from buyers in Europe and the U.S., said one of the people, who asked not to be identified... Continue reading at Advertising Age

[ Advertising Age | 2017-08-16 00:00:00 UTC ]
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Waterstones back in the black after five years

Waterstones has reported a profit for the first time under the ownership of Russian businessman Alexander Mamut and direction of its m.d. James Daunt. Boosted by “better standards of bookselling”, the 270-store chain saw sales rise by 4% to £409.1m in the year to 30th April 2016, helping it... Continue reading at The Bookseller

[ The Bookseller | 2017-02-02 00:00:00 UTC ]
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Retailers' sales rose 1% in December but face 2017 'challenge'

UK retailers saw a strong finish to Christmas, with like-for-like sales up 1.0% in December from the same month a year earlier, the British Retail Consortium has reported. Continue reading at The Bookseller

[ The Bookseller | 2017-01-11 00:00:00 UTC ]
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French bookshops' Christmas sales down 0.5%

Sales through French bookshops declined by 0.5% in December from a year earlier. Continue reading at The Bookseller

[ The Bookseller | 2017-01-10 00:00:00 UTC ]
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Facebook, Google, consolidation: What drove media deals in 2016

Media ownership is being overhauled as companies try to figure out their place in a world where 85 percent of digital dollars are going to two companies: Facebook and Google. The platform giants' dominance were factors in AT&T's $85 billion bid for Time Warner and other mega deals that were... Continue reading at Digiday

[ Digiday | 2016-12-28 00:00:00 UTC ]
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Wall Street's verdict on AT&T-Time Warner deal: Thumbs down

Shares of AT&T Inc. and Time Warner Inc. were down Monday as investors didn’t appear thrilled by the proposed mega-merger announced over the weekend.  In response to the $84.5-billion deal, Moody’s Investor Service said Monday it had placed AT&T’s credit rating on review for a possible... Continue reading at Los Angeles Times

[ Los Angeles Times | 2016-10-25 00:00:00 UTC ]
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Donald Trump says he would block an AT&T-Time Warner merger if elected; deal could come Saturday

Republican presidential nominee Donald Trump said Saturday that his administration would seek to block a massive media merger between AT&T and Time Warner Inc. if he is elected president. The deal, which appears to be imminent, would turn telephone giant AT&T, a company already valued at... Continue reading at Los Angeles Times

[ Los Angeles Times | 2016-10-22 00:00:00 UTC ]
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Donald Trump says he'd block any mergers between AT&T; and Time Warner

Campaign 2016 updates: Donald Trump says Donald Trump says women accusing him 'will be sued after the election is over' Oct. 22, 2016, 11:42 a.m. Donald Trump hits the campaign trail in Gettysburg, Pa., while Hillary Clinton is in Philadelphia. Trump says of women accusers will be sued after the... Continue reading at Los Angeles Times

[ Los Angeles Times | 2016-10-22 00:00:00 UTC ]
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Amazon paid less UK tax last year

Accounts show that Amazon paid less tax in the UK in 2015 than a year earlier despite rising UK sales and a change to its accounting methods following the introduction of the so-called Google Tax, The Bookseller can reveal. Continue reading at The Bookseller

[ The Bookseller | 2016-07-19 00:00:00 UTC ]
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Back to black for Canongate

Canongate Books returned to profit in 2015, after a poor performance led to losses a year earlier. The result comes after a restructuring of the business which saw Jenny Todd right promoted to publisher, the launch of separate live events business Letters Live and a breakout year for author Matt... Continue reading at The Bookseller

[ The Bookseller | 2016-06-24 00:00:00 UTC ]
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EDC Posts a 59% Earnings Jump in Record Fiscal 2016

Total revenue soared 95% in the fiscal year ended February 29, 2016 at Educational Development Corp. over fiscal 2015, to $63.6 million, and net earnings jumped to $2.1 million from $859,200 a year earlier. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-05-31 00:00:00 UTC ]
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Playboy Celebrates 'Safe for Work' Transition With a Massive Push Into Original Video

Playboy showed off its new, fully-clothed self during its first-ever NewFronts presentation Friday afternoon at New York's Skylight Modern. "This is the most exciting and complex brand transformation of my career," said CEO Scott Flanders kicking off the 30-minute presentation. He added that... Continue reading at AdWeek

[ AdWeek | 2016-05-13 00:00:00 UTC ]
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California regulators approve Charter's takeover of Time Warner Cable

Charter Communications has cleared a final regulatory hurdle in its nearly year-long quest to clinch its $71-billion acquisition of Time Warner Cable and Bright House Networks. California Public Utilities Commission members on Thursday voted unanimously to approve the transfer of phone licenses,... Continue reading at Los Angeles Times

[ Los Angeles Times | 2016-05-13 00:00:00 UTC ]
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Charter-Time Warner Cable deal headed for FCC approval

Charter Communications' proposed takeover of two other cable companies — Time Warner Cable and Bright House Networks — is nearing the finish line as federal officials appear poised to approve the mammoth $67-billion deal in the coming weeks.Federal Communications Commission Chairman Tom Wheeler... Continue reading at Los Angeles Times

[ Los Angeles Times | 2016-03-17 00:00:00 UTC ]
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News Corp. Plummets as Profit Trails Estimates on Ad Revenue

Shares of News Corp., controlled by billionaire Rupert Murdoch, had a record decline after the publisher of the Wall Street Journal and New York Post reported fiscal second-quarter profit that missed analysts' estimates.Earnings, excluding some items, were 20 cents a share in the period ended... Continue reading at Advertising Age

[ Advertising Age | 2016-02-06 00:00:00 UTC ]
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PUC plans a hearing on Charter's purchase of Time Warner Cable and Bright House

California Public Utilities Commission officials plan a public hearing on Charter Communications' proposed $67-billion acquisition of two cable companies, Time Warner Cable and Bright House Networks, which serve Southern California. The PUC hearing is scheduled for 6 p.m. Tuesday in the Junipero... Continue reading at Los Angeles Times

[ Los Angeles Times | 2016-01-26 00:00:00 UTC ]
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'Solid' Quarto half-year revenues rise 1%

The chief executive of The Quarto Group, Marcus Leaver, said the company achieved a “solid” set of results in the first half of the year, with revenues rising 1% compared to the same period a year earlier.   For the six months ending 30th June 2015, revenues totalled $66.2m (£42.4m), 1% higher... Continue reading at The Bookseller

[ The Bookseller | 2015-08-14 00:00:00 UTC ]
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FT owners Pearson posts £115m loss

Publishing group Pearson - which is selling its Financial Times newspaper - reports a first half loss of £115m compared with £36m a year earlier. Continue reading at BBC News

[ BBC News | 2015-07-24 00:00:00 UTC ]
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