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 ]
News tagged with: #hedge fund #cutting costs #deal valued

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WNDB Launches Black Creatives Fund

Operating under the Black Creatives Fund banner, We Need Diverse Books is partnering with Penguin Random House on a series of programs designed to get more books by Black writers published. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-02-17 05:00:00 UTC ]
More news stories like this | News stories tagged with: #diverse books #programs designed #penguin random house

What a $5.5 million Super Bowl ad can buy in digital media

For example, in terms of Big Game spending, $5.5 million for a 30-second ad could cover the cost of 275 million impressions on YouTube. The post What a $5.5 million Super Bowl ad can buy in digital media appeared first on Digiday. Continue reading at Digiday

[ Digiday | 2021-02-05 05:01:00 UTC ]
More news stories like this | News stories tagged with: #digital media

What a $5.5 million Super Bowl ad can buy in digital media

For example, in terms of Big Game spending, $5.5 million for a 30-second ad could cover the cost of 275 million impressions on YouTube. The post What a $5.5 million Super Bowl ad can buy in digital media appeared first on Digiday. Continue reading at Digiday

[ Digiday | 2021-02-05 05:01:00 UTC ]
More news stories like this | News stories tagged with: #digital media

Authors Guild calls for DoJ to block Bertelsmann's S&S purchase

The Authors Guild and other writers' groups in the US have written a letter to the Department of Justice to block Bertelsmann's takeover of Simon & Schuster. Continue reading at The Bookseller

[ The Bookseller | 2021-02-01 03:48:32 UTC ]
More news stories like this | News stories tagged with: #ss purchase #simon schuster #authors guild

Here’s what you need to know about the book club service that just raised $40 million.

This morning, PR Newswire broke the news that Literati, an “innovative literary brand,” has just raised 40 million dollars in Series B funding. Among its investors is NBA giant Steph Curry. If you’re anything like me, you may have some questions, among them: What’s the $40 million being used... Continue reading at Literrary Hub

[ Literrary Hub | 2021-01-27 18:53:56 UTC ]
More news stories like this | News stories tagged with: #$40 million #book club

Wattpad has been sold to Naver, Korea’s leading internet platform, for $600 million.

Some news for self-published writers: this week, Publishers Weekly reported that Naver, Korea’s leading internet platform, is acquiring Wattpad for over $600 million in cash and stock. For those who aren’t among the 90 million people that used Wattpad in 2020, or who don’t have any fanfiction... Continue reading at Literrary Hub

[ Literrary Hub | 2021-01-22 18:51:40 UTC ]
More news stories like this | News stories tagged with: #$600 million #self-published writers #publishers weekly

The Millions Top Ten: December 2020

In the final month of 2020, we retired two books to our Hall of Fame: one from a debut author and the other from a two-time veteran. The post The Millions Top Ten: December 2020 appeared first on The Millions. Continue reading at The Millions

[ The Millions | 2021-01-20 11:00:11 UTC ]
More news stories like this | News stories tagged with: #debut author

Wiley Buys Open Access Publisher for $298 Million

John Wiley has expanded its presence in the open access field with the acquisition of Hindawi, a London-based scientific research publisher of more than 200 peer-reviewed scientific, technical, and medical journals. Wiley paid $298 million for Hindawi, which had 2020 revenue of $40 million. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-01-06 05:00:00 UTC ]
More news stories like this | News stories tagged with: #john wiley #$40 million

The Cold Millions by Jess Walter, Read by a Full Cast

Every Monday through Friday, AudioFile’s editors recommend the best in audiobook listening. We keep our daily episodes short and sweet, with audiobook clips to give you a sample of our featured listens. Narrator Edoardo Ballerini anchors a full-cast performance of The Cold Millions, a story that... Continue reading at Literrary Hub

[ Literrary Hub | 2020-12-28 09:00:55 UTC ]
More news stories like this | News stories tagged with: #cold millions #jess walter #full cast #editors recommend #audiobook listening #audiobook clips #featured listens #takes place #early 1900s #audiobook

Elevate scheme for underrepresented writers lands ACE funding

Cornerstones Literary Consultancy has been awarded Arts Council funding for its Elevate mentoring scheme, following a successful pilot run. Continue reading at The Bookseller

[ The Bookseller | 2020-12-18 23:53:53 UTC ]
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Sheikh Zayed Book Award Opens Translation Funding For All Shortlisted Works in 2021

The Sheikh Zayed Book Award announces six new translations from Arabic and offers translation grants for all its shortlisted titles. The post Sheikh Zayed Book Award Opens Translation Funding For All Shortlisted Works in 2021 appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2020-12-17 17:14:34 UTC ]
More news stories like this | News stories tagged with: #shortlisted titles #zayed book

Baltimore-based lending software company to be acquired by Netherlands firm for $280 million

Baltimore tech company eOriginal is set to be acquired by Netherlands-based Wolters Kluwer for about $280 million, the information and software firm announced in a news release Thursday. Continue reading at Baltimore Sun

[ Baltimore Sun | 2020-12-10 22:23:55 UTC ]
More news stories like this | News stories tagged with: #wolters kluwer

Atlas Completes Purchase of America's Largest Book Printer

The private equity firm Atlas Holdings has completed its purchase of LSC Communications, the country's largest book printer, which filed for bankruptcy in April. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-12-07 05:00:00 UTC ]
More news stories like this | News stories tagged with: #lsc communications #largest book

What supporting female founders of color taught me about funding, partnership, and equity

The founder of IFundWomen of Color lays out the hard-won lessons that helped her get investments and cofounder-level equity. Growing up with an entrepreneur mom meant my weekends looked different. We’d drive from event to event, in churches, convention centers, and community centers, where I... Continue reading at Fast Company

[ Fast Company | 2020-12-02 05:00:17 UTC ]
More news stories like this | News stories tagged with: #community centers #black women

Penguin Random House to purchase Simon & Schuster in massive publishing deal

ViacomCBS has announced plans to sell Simon & Schuster to publishing giant Penguin Random House LLC for a whopping $2.18 billion next year. Continue reading at Los Angeles Times

[ Los Angeles Times | 2020-11-25 21:02:17 UTC ]
More news stories like this | News stories tagged with: #announced plans #publishing giant #random house

Scotland's National Book Awards postponed to 2021 after funding bid fails

Scotland's National Book Awards will not go ahead this year and will be delayed until 2021 after a funding application to Creative Scotland was unsuccessful, its organisers have confirmed. Continue reading at The Bookseller

[ The Bookseller | 2020-11-23 04:05:52 UTC ]
More news stories like this | News stories tagged with: #creative scotland

T&F's Callanan emphasises need for sustainable funding models

Taylor & Francis chief executive Annie Callanan has said that one of the greatest challenges for the academic and education sector is “this notion that our output should be free”, in an interview at FutureBook 2020. Continue reading at The Bookseller

[ The Bookseller | 2020-11-20 16:28:59 UTC ]
More news stories like this | News stories tagged with: #greatest challenges #education sector

BuzzFeed agrees to buy HuffPost in latest online media merger

Acquisition unites two of the largest players in digital mediaNews comes after both companies made deep cutsBuzzFeed has agreed to buy HuffPost the companies said Thursday, uniting two of the largest players in digital media in the latest example of consolidation in the sector.The acquisition is... Continue reading at The Guardian

[ The Guardian | 2020-11-19 18:56:11 UTC ]
More news stories like this | News stories tagged with: #buy huffpost #verizon media #media arm #digital media

NLT launches attainment gap scheme with Arts Council funding

The National Literacy Trust is to launch an initiative to address the attainment gap and support the wellbeing of children in 14 target areas across the UK, funded by Arts Council England. Continue reading at The Bookseller

[ The Bookseller | 2020-11-19 08:00:06 UTC ]
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Election Night Coverage Draws 56.9 Million Viewers Across 21 Networks

The 2020 presidential race between President Donald Trump and former Vice President Joe Biden has yet to be decided--but the Nielsen numbers are in. Editor's note: According to updated data from Nielsen, 56.9 million total viewers watched prime time coverage of election night 2020 across 21... Continue reading at AdWeek

[ AdWeek | 2020-11-04 22:15:12 UTC ]
More news stories like this | News stories tagged with: #nielsen