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 other local newspapers in Pennsylvania, Maryland, Virginia, and Florida. Tribune already counted Alden as its largest shareholder; Alden was offering $14.25 per share to take full control of the company. Yesterday, following weeks of wrangling, Tribune announced its intention to sell to Alden at $17.25 per share. The deal as a whole is valued at $630 million, and would take Tribune private. Alden has become notorious—and widely reviled—for its tactic of ruthlessly slashing costs at its existing media properties; in 2018, staffers at the Denver Post, where management had just moved to cut thirty jobs, assailed their owners as “vultures” in an editorial that resonated across the media industry. “Media observers note that they make cuts almost from day one. Pens and notebooks disappear from newsrooms. One newsroom was missing hot water. Then newspaper buildings are sold, and staff is consolidated and cut,” CJR’s Savannah Jacobson wrote in a profile of Alden last year. “Despite earning higher profits than is typical in the industry, the NewsGuild says that between 2012 and 2019, Alden cut 71 percent of jobs in the hedge fund’s Guild-represented newsrooms.” (In their rare public... Continue reading at 'Columbia Journalism Review'
[ Columbia Journalism Review | 2021-02-17 13:33:35 UTC ]
A “marginalized people’s history of labor in the U.S.” goes to One Signal for six figures, HarperCollins takes on a book about Prince Harry and Prince William, Willie Nelson and his sister sell a memoir to Random House, and more. Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-06-26 04:00:00 UTC ]
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https://www.thebookseller.com/news/hq-reveals-details-definitive-meghan-and-harry-biography-1201904HarperNonFiction has picked up a “pioneering” book on Meghan Markle by celebrity biographer Sean Smith. Continue reading at The Bookseller
[ The Bookseller | 2020-06-22 10:02:40 UTC ]
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HQ has released further details of Finding Freedom, dubbed a “definitive” biography of Prince Harry and Meghan Markle. Continue reading at The Bookseller
[ The Bookseller | 2020-05-04 17:07:51 UTC ]
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The couple was recently photographed with the self-help book ‘Everyday Ubuntu: Living Better Together, the African Way.’ A sign? Continue reading at The Washington Post
[ The Washington Post | 2020-01-20 16:00:00 UTC ]
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Prince Harry and Meghan Markle could become the next generation's Obamas with book deals worth "an eye-watering amount of money" now they are stepping back as "senior" royals, publishing insiders have said. Continue reading at The Bookseller
[ The Bookseller | 2020-01-10 10:36:03 UTC ]
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[caption id="attachment_175627" align="alignright" width="150"] Kristen O'Hara[/caption] Hearst Magazines has named Kristen O’Hara senior vice president and chief business officer, a new position created as part of a succession plan for longtime president, marketing and publishing director,... Continue reading at Folio Magazine
[ Folio Magazine | 2019-12-19 19:09:52 UTC ]
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Oprah Winfrey is one of the A-list celebrities Apple has enlisted for Apple TV+. Winfrey has already signed on for a series with Prince Harry on mental health, and she's expected to release another documentary, Toxic Labor, about workplace harassment... Continue reading at Engadget
[ Engadget | 2019-09-23 14:19:00 UTC ]
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Pavilion Books imprint Pitkin is claiming a publishing first with Harry & Meghan: The Royal Wedding Book, to be in stores less than three weeks after the royal wedding of Prince Harry and Megan Markle. Continue reading at The Bookseller
[ The Bookseller | 2018-05-24 00:00:00 UTC ]
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John Blake Publishing, part of Bonnier Publishing UK, is releasing a "definitive" biography of Prince Harry by journalist and author Angela Levin. Continue reading at The Bookseller
[ The Bookseller | 2018-02-15 00:00:00 UTC ]
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Andrew Morton is to pen an in-depth biography on Meghan Markle, who he calls a "dramatic contrast to the blushing, coy royal brides of recent history". Continue reading at The Bookseller
[ The Bookseller | 2017-12-09 00:00:00 UTC ]
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Regulator rules publishing photos of the prince with Meghan Markle on private beach was unjustified intrusionPrince Harry’s privacy was breached by the Mail Online publishing photographs of him wearing swimming shorts on a private beach in Jamaica, the Independent Press Standards Organisation... Continue reading at The Guardian
[ The Guardian | 2017-07-14 00:00:00 UTC ]
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Scribd is adding access to seven new magazines, among them 'The Atlantic' and 'Mother Jones', to its online subscription reading service. Continue reading at Publishers Weekly
[ Publishers Weekly | 2017-01-26 00:00:00 UTC ]
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Journalist, who was cleared of wrongdoing in relation to leaks from Sandhurst, has a deal with Harper CollinsThe Sun’s royal editor, Duncan Larcombe, is to leave the paper more than a year after an Old Bailey trial that saw him cleared of any wrongdoing in relation to tips about Princes William... Continue reading at The Guardian
[ The Guardian | 2016-04-26 00:00:00 UTC ]
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Election years are always good news for publishers. Not only does reader interest spike (particularly when polarizing candidates are ahead), but advertiser interest is also at its peak, as more campaign managers look for new ways to influence voters. Traffic to the top politics sites has... Continue reading at Digiday
[ Digiday | 2016-01-21 00:00:00 UTC ]
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