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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‘The Cold Millions,’ Jess Walter’s celebration of forgotten heroes, is one of the most captivating novels of the year

What might have been an earnest historical novel about the labor movement is transformed by Walter’s irresistible voice and characters. Continue reading at The Washington Post

[ The Washington Post | 2020-10-29 12:00:00 UTC ]
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The Salt Lake Tribune Ends Daily Print Edition After Nearly 150 Years

The Salt Lake City newspaper will move to weekly editions. The change will not result in any layoffs in the 65-person newsroom, according to the newspaper’s interim editor. Continue reading at The New York Times

[ The New York Times | 2020-10-27 14:16:05 UTC ]
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Frisco social media network raises angel funding from Austin investor

A Frisco startup is looking to cut through the noise of other social media apps and give digital content creators a way to reach more fans. TUBBR, an invite-only social network, announced landing Angel Funding from Global Ascent Partners that it plans to use for its upcoming beta launch.... Continue reading at Silicon Valley Business Journal

[ Silicon Valley Business Journal | 2020-10-24 12:00:00 UTC ]
More news stories like this | News stories tagged with: #financial terms #digital content


Indie presses and literary festivals among first ACE Culture Recovery Fund recipients

The first round of the £275m Culture Recovery Fund has been allocated, and sees some indie presses receiving up to £200,000.  Continue reading at The Bookseller

[ The Bookseller | 2020-10-12 07:24:04 UTC ]
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A New Relief Fund from Sharjah Supports Publishers Affected by the Beirut Blast

The Sharjah World Book Capital Office and Sharjah Book Authority are providing new grants to support Lebanese publishers and book fairs. The post A New Relief Fund from Sharjah Supports Publishers Affected by the Beirut Blast appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2020-10-07 19:01:26 UTC ]
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Inclusive Indies Fund awards grants to 11 presses

The Includive Indies Fund, set up earlier this year by Knights Of and Jacaranda, has awarded grants totalling £35,000 to 11 independent presses from across the UK and Ireland.  Continue reading at The Bookseller

[ The Bookseller | 2020-09-28 00:44:26 UTC ]
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Killing millions from behind their desks

Dan Gretton offers a cautionary tale of bureaucratic slaughter past and present. Continue reading at The Washington Post

[ The Washington Post | 2020-09-25 12:00:00 UTC ]
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Canbury Press releases Unbound-funded immigrant stories

Indie publisher Canbury Press is released the Unbound-funded illustrated book 99 Immigrants Who Made Britain Great, featuring an introduction from Bonnie Greer. Continue reading at The Bookseller

[ The Bookseller | 2020-09-25 10:42:43 UTC ]
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Artist Relief Distributes $13.5 Million in Pandemic Grants

The funding initiative, created to assist artists suffering under the pandemic, has distributed more than $13.5 million in emergency grants to more than 2,700 individuals since it was launched in April. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-09-24 04:00:00 UTC ]
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$3.2 million worth of rare stolen books have been found under a house in rural Romania.

When a group of thieves stole $3.2 million worth of rare books from a London warehouse in 2017, including seminal scientific texts by Isaac Newton and Galileo, they shocked the antiquarian book world and inspired a number of theories about what had happened. Who would target such rare... Continue reading at Literrary Hub

[ Literrary Hub | 2020-09-18 17:44:04 UTC ]
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The first volume of Barack Obama’s memoir is getting a 3 million copy printing this November.

We’ve known for a while that Barack Obama would be coming out with a new memoir. Today his publisher confirmed that the book, A Promised Land, will be released soon after the November elections. The former president isn’t a stranger to the pen. His first memoir, Dreams From My Father: A Story of... Continue reading at Literrary Hub

[ Literrary Hub | 2020-09-17 14:22:21 UTC ]
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Private Equity Firm Agrees to Buy LSC

The private equity firm Atlas Holdings, with the support of a creditor group, has agreed to acquire LSC Communications in a deal that is expected to close before the end of the year. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-09-15 04:00:00 UTC ]
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Pandemic-hit Brontë Parsonage seeks to raise funds

The future of the Brontë Parsonage Museum is at risk following an estimated loss of £500,000 during lockdown, the Brontë Society has said. Continue reading at The Bookseller

[ The Bookseller | 2020-09-01 03:33:28 UTC ]
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Culture Recovery Fund application deadline approaches

Arts Council England has urged businesses to apply for the Culture Recovery Fund before the first round's deadline this Friday (21st August). Continue reading at The Bookseller

[ The Bookseller | 2020-08-18 18:46:24 UTC ]
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Industry Notes: UK-based Book Aid International: 1.2 Million Books in 2019

The charity last year was at work in 23 refugee camps, 38 prison libraries, 1,567 schools, 635 public libraries, and more. The post Industry Notes: UK-based Book Aid International: 1.2 Million Books in 2019 appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2020-08-14 17:51:35 UTC ]
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'Midnight Sun' Tops 1 Million Copies Sold in First Week

Stephenie Meyer’s 'Midnight Sun' sold more than 1 million copies across all formats last week, Little, Brown reported. The success continues a string of big first-week sales performances for books released during the pandemic. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-08-13 04:00:00 UTC ]
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Tribune closing 5 newsrooms including NY Daily News

Tribune Publishing Company says it's closing the newsrooms of five newspapers including The Daily News in Manhattan, the Orlando Sentinel and The Capital Gazette in Annapolis, Maryland Continue reading at ABC News

[ ABC News | 2020-08-12 23:24:40 UTC ]
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UK Book Industry: Society of Authors’ Hardship Fund Renews Appeal for Donations

The UK's authors' union opens a new push for grassroots funding of small emergency grants needed by authors in the pandemic. The post UK Book Industry: Society of Authors’ Hardship Fund Renews Appeal for Donations appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2020-08-10 14:09:22 UTC ]
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'Apply for latest ACE funding', Crown urges industry

The director of literature for Arts Council England has urged all industry organisations who are "at risk of no longer trading viably" to apply for the government's latest emergency arts funding. Continue reading at The Bookseller

[ The Bookseller | 2020-07-30 02:43:14 UTC ]
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Wave.tv Secures $32 Million to License, Acquire Sports Media Brands

With most live sports on hold for the past several months, sports media publishers have had to stretch their imaginations to find interesting stories to show and tell. Wave.tv, a digital media company built around working with license holders to repackage archival sports, hopes to invest more in... Continue reading at AdWeek

[ AdWeek | 2020-07-22 14:00:38 UTC ]
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