Jeff Bewkes and company used to insist they wanted to hang on to their magazine business. They stopped saying that in September. Continue reading at 'AllThingsD'
[ AllThingsD | 2013-02-14 00:00:00 UTC ]
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Barnes & Noble Education reported that revenue in the first quarter, ended July 28, fell to $337.5 million, down from $355.7 million a year ago. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-08-22 00:00:00 UTC ]
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Chart-topping chef and food writer Jamie Oliver has fallen off the Sunday Times Rich List for the first time in eight years. Continue reading at The Bookseller
[ The Bookseller | 2018-05-15 00:00:00 UTC ]
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The government on Monday made its final plea to a federal judge to block AT&T Inc.’s $85.4-billion purchase of Time Warner Inc. or order it significantly scaled back, arguing that the combined company would be so powerful it would hinder competition and raise pay TV prices for consumers.... Continue reading at Los Angeles Times
[ Los Angeles Times | 2018-04-30 00:00:00 UTC ]
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Compensation for Time Warner Chief Executive Jeffrey Bewkes — who is hoping to take a victory lap after orchestrating the sale of his company to AT&T — soared to $49 million in 2017, according to a regulatory filing. His 2017 compensation was 50% higher than the previous year, when he... Continue reading at Los Angeles Times
[ Los Angeles Times | 2018-04-28 00:00:00 UTC ]
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AT&T Inc.’s top executive gave a vigorous defense of the proposed $85.4-billion deal to buy Time Warner, describing it as key to the company’s ability to compete with a new generation of high-tech competitors. “This world is changing fast,” said Randall Stephenson, who took the witness stand... Continue reading at Los Angeles Times
[ Los Angeles Times | 2018-04-20 00:00:00 UTC ]
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Time Warner Inc.’s chief executive testified Wednesday that the government’s assertions that AT&T Inc. wanted to buy the company to use its programming as leverage over distributors “makes no sense” because it would limit viewership. “I think it’s ridiculous. It’s not how this works,” Jeff... Continue reading at Los Angeles Times
[ Los Angeles Times | 2018-04-18 00:00:00 UTC ]
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Unit sales of print books in the week ended Apr. 8, 2018, were 8% lower than in the similar week in 2017 at outlets that report to NPD BookScan. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-04-13 00:00:00 UTC ]
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Egmont UK Ltd saw sales fall 1.4% to £50m in what it describes as a "tough economic environment" in 2017. Continue reading at The Bookseller
[ The Bookseller | 2018-04-06 00:00:00 UTC ]
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Six group publishers will each oversee a handful of brands, reporting to Meredith Magazines president Doug Olson. The post Meredith Corp. Shuffles Sales Structure Amid Ongoing Time Inc. Integration appeared first on Folio:. Continue reading at Folio Magazine
[ Folio Magazine | 2018-03-26 00:00:00 UTC ]
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The biggest U.S. antitrust case of this century kicked into high gear on Thursday as a government lawyer warned that AT&T Inc. wants to buy media giant Time Warner Inc. to “weaponize” its must-have content — a move that would raise prices for consumers and hinder innovation. “Time Warner... Continue reading at Los Angeles Times
[ Los Angeles Times | 2018-03-23 00:00:00 UTC ]
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Meredith Corp. CEO Tom Harty had some big news to share with Time Inc. staffers during a town hall yesterday in New York: Legendary (and newly acquired) titles Sports Illustrated, Fortune, Money and Time will be sold. The Iowa-based Meredith owns monthly magazines that target women, including... Continue reading at AdWeek
[ AdWeek | 2018-03-22 00:00:00 UTC ]
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Facebook Inc. has signed a licensing agreement with Warner Music that covers the music company’s recorded music and music publishing catalogs for use in social media such as videos and messages. The deal paves the way for social media users to create, upload and share videos with licensed... Continue reading at Silicon Valley Business Journal
[ Silicon Valley Business Journal | 2018-03-10 00:00:00 UTC ]
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UK music, video and games sales higher than those of magazines, books and newspapers last yearThe soaring popularity of services like Netflix, Amazon and Spotify has pushed the amount consumers spend on home entertainment products past the amount spent on books, magazines and newspapers for the... Continue reading at The Guardian
[ The Guardian | 2018-03-01 00:00:00 UTC ]
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It’s a trend–or, at least, it’s almost a trend. Sony/ATV is following in the footsteps of Universal Music Group and signing a deal with Facebook to let users soundtrack their videos on Facebook, Instagram, and Oculus with songs from the publisher’s catalog. That means songwriters will get... Continue reading at Fast Company
[ Fast Company | 2018-01-08 00:00:00 UTC ]
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Scholastic second quarter results held no surprises: sales and earnings fell compared to a year ago due to the lack of a new Harry Potter title. Continue reading at Publishers Weekly
[ Publishers Weekly | 2017-12-13 00:00:00 UTC ]
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#earnings fall
Many employees of Times Inc. had been stunned by the news that the publisher had agreed to sell itself to the Meredith Corporation. Continue reading at The New York Times
[ The New York Times | 2017-11-28 00:00:00 UTC ]
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The U.S. Department of Justice has sued to block AT&T’s proposed $85-billion purchase of Time Warner Inc. — one of the largest media mergers in American history — arguing that a bulked-up AT&T would stifle competition and lead to higher prices for consumers. “This merger would greatly... Continue reading at Los Angeles Times
[ Los Angeles Times | 2017-11-21 00:00:00 UTC ]
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The rightwing billionaires are believed to be backing Meredith’s bid for the renowned media group but it is not the most obvious move for the brothersThe Koch brothers don’t usually court media attention so why are the rightwing billionaire businessmen suddenly so interested in Time Inc, the... Continue reading at The Guardian
[ The Guardian | 2017-11-17 00:00:00 UTC ]
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U.S. Atty. Gen. Jeff Sessions, during questioning at a congressional hearing Tuesday, sidestepped questions about whether President Trump’s vitriol toward CNN was factoring into the Department of Justice’s review of a mammoth media merger. AT&T is trying to buy Time Warner Inc. — which owns... Continue reading at Los Angeles Times
[ Los Angeles Times | 2017-11-15 00:00:00 UTC ]
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AT&T’s proposed $85-billion purchase of Time Warner Inc., which owns CNN, HBO and Warner Bros. studios, is encountering resistance from the U.S. Department of Justice. For months, the Dallas telecommunications giant has been confidently predicting that it would finalize the takeover of Time... Continue reading at Los Angeles Times
[ Los Angeles Times | 2017-11-09 00:00:00 UTC ]
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