Just when Microsoft's buyout of Activision seemed to finally be near complete, the Federal Trade Commission said it will revive its attempt to block the $69 billion deal in an adjudicative process. The FTC plans to restart its in-house trial against Microsoft’s multibillion-dollar acquisition of the Call of Duty maker. This effort by the FTC is unlikely to be anything more than a nuisance for Microsoft. It already received EU approval over the summer when the European Commission endorsed the deal as long as the tech giant could ensure “full compliance with commitments.” And more recently, the UK's Competition and Markets Authority issued a preliminary approval of the merger. Activision Blizzard CEO Bobby Kotick called it “a significant milestone for the merger” in a statement and said he remains optimistic that the deal will complete soon. The CMA's consultation on Microsoft's proposed changes is expected to be complete by October 6, just days ahead of the October 18 deadline for the CMA’s review process. Normally, the FTC typically drops its challenges to deals when efforts are lost in federal court and despite the agency’s effort, this move will not delay the deal from going through. The likely worst-case scenario for Microsoft would be divestiture. Being forced to sell Activision or parts of it after the fact would not be ideal, but at least short term there seems to be little chance of the FTC derailing things. The agency’s failed attempt to... Continue reading at 'Engadget'
[ Engadget | 2023-09-28 16:28:44 UTC ]
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The purchase of Meredith Corp.'s magazine publishing operations is expected to close by the end of the year. Continue reading at Advertising Age
[ Advertising Age | 2021-10-06 23:04:39 UTC ]
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Dotdash, the digital publisher owned by IAC, announced Wednesday evening that it has reached an agreement to acquire Meredith Corp., a holding company whose titles include iconic properties like People, Southern Living and Better Homes & Gardens. Dotdash will purchase Meredith at a price of... Continue reading at AdWeek
[ AdWeek | 2021-10-06 22:53:29 UTC ]
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It's fall, and new gadget season has officially begun! This week, Cherlynn and Devindra dive into all of Microsoft's new hardware: The Surface Laptop Studio, Pro 8 and Duo 2. Also, Commerce Editor Valentina Palladino joins to chat about the iPhone 13, 13 Mini and her iPad Mini review. And of... Continue reading at Engadget
[ Engadget | 2021-09-24 12:30:45 UTC ]
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“The Dark Remains” captures perfectly the voice of the late William McIlvanney, master of Tartan Noir. Continue reading at The Washington Post
[ The Washington Post | 2021-09-22 06:11:08 UTC ]
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In “I Live a Life Like Yours,” Jan Grue, a Norwegian professor, writes of living with a rare form of spinal muscular atrophy. Continue reading at The New York Times
[ The New York Times | 2021-08-15 09:00:03 UTC ]
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Sustained increases in book reading and book buying were the underlying factors in driving up sales by 19% and profits by 42% in HarperCollins's latest fiscal year. Continue reading at Publishers Weekly
[ Publishers Weekly | 2021-08-06 04:00:00 UTC ]
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She assailed patriarchal assumptions, such as the tendency to blame mothers for their children’s problems, in her campaign to improve mental health care for women. Continue reading at The Washington Post
[ The Washington Post | 2021-08-04 16:11:49 UTC ]
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In a busy year for gaming mergers, another deal has just been announced. Tencent is to fully acquire Sumo Group, the UK developer behind LittleBigPlanet 3 and Crackdown 3. The Chinese web giant is offering 513 pence per share for the studio, in which it already owns an 8.75 percent stake,... Continue reading at Engadget
[ Engadget | 2021-07-19 09:14:25 UTC ]
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Publicis, Nielsen and Havas Media all took steps to advance DE&I efforts in the last 24 hours. The post Agencies’ latest DE&I initiatives aim to dig deeper into systemic challenges for diverse and minority media appeared first on Digiday. Continue reading at Digiday
[ Digiday | 2021-07-08 04:01:00 UTC ]
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Combined sales of comics periodicals and graphic novels in North American in 2020 climbed to approximately $1.28 billion, according to a joint estimate by pop culture trade news sites ICv2 and Comichron. Continue reading at Publishers Weekly
[ Publishers Weekly | 2021-06-30 00:00:00 UTC ]
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Despite having more than 20 percent of the world's forests, Russia is market with a paper shortage that means higher book prices. The post Russian Book Market: Paper Shortages and Prices Challenge Recovery appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2021-06-29 15:08:58 UTC ]
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Author Kevin Cook focuses on teacher Christa McAuliffe and her grueling months of flight training. Continue reading at The Washington Post
[ The Washington Post | 2021-06-20 12:00:00 UTC ]
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In a huge deal in the library and information publishing world, London-based Clarivate has agreed to acquire ProQuest, an acquisition expected to be completed later this year. Continue reading at Publishers Weekly
[ Publishers Weekly | 2021-05-17 04:00:00 UTC ]
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Since January, when Marty Baron announced his retirement as editor of the Washington Post, the media beat has hummed with speculation about his replacement: Would it be an internal candidate? Or one of a bevy of editors from the New York Times? Or Ben Smith? So it was impressive yesterday when... Continue reading at Columbia Journalism Review
[ Columbia Journalism Review | 2021-05-12 12:21:00 UTC ]
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Most Scottish publishers and bookish bodies adapted their offer in 2020 to defy the lockdown restrictions, with many reporting record years—these are their learnings. Continue reading at The Bookseller
[ The Bookseller | 2021-04-25 10:18:13 UTC ]
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PW asked several agents who deal in the religion market if increased interest in titles by Black, Indigenous, Latinx, and Asian authors marks a lasting shift or a passing trend. Continue reading at Publishers Weekly
[ Publishers Weekly | 2021-04-21 04:00:00 UTC ]
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The list, compiled by the American Library Association, is meant to inform the public about censorship. Continue reading at The Washington Post
[ The Washington Post | 2021-04-06 06:46:02 UTC ]
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Driven by strong sales in the U.S. in 2020, revenue at Penguin Random House increased 4.6% over 2019, while profits jumped 23%. The U.S. accounted for 58% of worldwide sales, up from 56% in 2019. Continue reading at Publishers Weekly
[ Publishers Weekly | 2021-03-30 04:00:00 UTC ]
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Dialogue Books has aquired A Word from the Margins: The Intersections of Race, Gender, Class and Ambition by Lennina Ofori. Continue reading at The Bookseller
[ The Bookseller | 2021-03-14 04:33:22 UTC ]
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DK’s new c.e.o. took the reins just before Covid-19 forced lockdowns across the globe, but Carsten Coesfeld has had a promising start at the helm of the respected global publisher. Continue reading at The Bookseller
[ The Bookseller | 2021-03-13 08:43:16 UTC ]
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