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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Nosy Crow series tops one million sales mark

Nosy Crow has said it has broken the one million sales mark for the first time with its The Rescue Princess series, written by author Paula Harrison and illustrated by Sharon Tancredi. The publisher has sold almost 10,000 copies of the books in the UK through Nielsen BookScan Total Consumer... Continue reading at The Bookseller

[ The Bookseller | 2015-06-03 00:00:00 UTC ]
More news stories like this | News stories tagged with: #nosy crow #vast majority #export sales #small number


New Fifty Shades Hits #1, as Vintage Heads to Press for 1.25 Million Copies

In a matter of hours, pre-orders pushed 'Grey: Fifty Shades of Grey as Told by Christian,' to the top of the Barnes & Noble and Amazon bestseller lists. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-06-02 00:00:00 UTC ]
More news stories like this | News stories tagged with: #fifty shades #barnes noble


Quiet First Quarter for Books-A-Million

Revenue at Books-A-Million fell 1.9% in the first quarter ended May 2, 2015 compared to last year’s first period. Net loss at the chain was cut to $5.3 million, from $5.6 million. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-05-29 00:00:00 UTC ]
More news stories like this | News stories tagged with: #quarter ended #net loss


Mode Media raises $30 million for lifestyle media publishing platform

Lifestyle media company Mode Media raised $30 million in Series G funding on Thursday to invest in its technology platform. Hubert Burda Media led the round, according to TechCrunch. The company has raised $186 million in equity funding to date. CEO Samir Arora co-founded the Brisbane-based... Continue reading at Silicon Valley Business Journal

[ Silicon Valley Business Journal | 2015-05-23 00:00:00 UTC ]
More news stories like this | News stories tagged with: #technology platform #glam media


Global news organisations agree to share climate change content

The Guardian, El País, Le Monde and China Daily are among 25 publishers aiming to raise awareness in the runup to the next UN summitAn unprecedented alliance of news publishers including the Guardian, El País, Le Monde and China Daily have agreed to share climate change content to raise... Continue reading at The Guardian

[ The Guardian | 2015-05-21 00:00:00 UTC ]
More news stories like this | News stories tagged with: #el pas #le monde #china daily #raise awareness #dozen publishers #seattle times


Time Inc. Said to Seek $685 Million for HQ of U.K. Division

Time Inc., the magazine publisher spun off from Time Warner Inc., is seeking around 450 million pounds ($685 million) for the London headquarters of its U.K. unit, according to two people with knowledge of the matter.The company appointed broker Eastdil Secured to sell the Blue Fin building,... Continue reading at Advertising Age

[ Advertising Age | 2015-05-08 00:00:00 UTC ]
More news stories like this | News stories tagged with: #corporate communications #south bank #river thames #salmon fishing #woody allen #menlo park #ipc media


Harlequin Purchase Drives HC Results

Third quarter sales and earnings at HarperCollins rose 14% and 6%, respectively. Excluding the Harlequin purchase, however, results were down. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-05-05 00:00:00 UTC ]
More news stories like this | News stories tagged with: #quarter sales


Why Uproxx is betting big on Facebook video (hint: 20 million views in a month)

Woven Digital, the publisher behind Uproxx, views Facebook as its primary video-distribution vehicle. It drew more than 20 million views across 10 videos in April, far more than on YouTube or its own site. While Facebook has yet to introduce a video ad product for publishers, Woven CEO Scott... Continue reading at Digiday

[ Digiday | 2015-04-30 00:00:00 UTC ]
More news stories like this | News stories tagged with: #month appeared #betting big #woven digital


With 100,000 Pieces of Content at Launch, Mode.com Expects 25 Million Monthly Users

Just one year after rebranding from Glam Media, Mode Media is bringing all of its brands together on one site where it hopes to build the "largest native feed distribution platform outside of Facebook." At its second Digital Content NewFronts presentation today, Mode unveiled its new... Continue reading at AdWeek

[ AdWeek | 2015-04-29 00:00:00 UTC ]
More news stories like this | News stories tagged with: #pre-roll ads #social activity


Books-A-Million Continues to Add More Items

The sale of nonbook items rose at Books-A-Million in 2014, compared to 2013, as the retailer continued to diversify its inventory mix in response to a decline in print books, the company reported in its 10-K filing with the Securities & Exchange Commission. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-04-24 00:00:00 UTC ]
More news stories like this | News stories tagged with: #print books #company reported


Funding for SaaS businesses grows by 70 percent

Software as a Service (SaaS) is one of the biggest technology growth areas at the moment. That's reflected in the amounts of capital being pumped into the sector by investors. A new SaaS Trends Report by Tibco Analytics and venture capital tracker CB Insights shows that funding for SaaS... Continue reading at Betanews

[ Betanews | 2015-04-22 00:00:00 UTC ]
More news stories like this | News stories tagged with: #online publishing #$160 million


Random House Raises First Printing of New Dr. Seuss to 1 Million

Random House Children’s Books will increase the first printing for previously undiscovered Dr. Seuss title 'What Pet Should I Get?' to 1 million copies. The post Random House Raises First Printing of New Dr. Seuss to 1 Million appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2015-04-21 00:00:00 UTC ]
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You’ve sold 17 million albums and you want to pay me nothing? Pat Pope’s row with Garbage

When the managers of indie giants Garbage asked photographer Pat Pope to use his pictures for no fee, he made a standA professional photographer for more than 20 years, and published in Q, Melody Maker and Rolling Stone, Pat Pope has worked with many of the biggest names in pop and rock music,... Continue reading at The Guardian

[ The Guardian | 2015-04-19 00:00:00 UTC ]
More news stories like this | News stories tagged with: #biggest names #david bowie


Mutual Funds’ Dark Side

The great drama of our time is the rise of the 1 percent. Thomas Piketty has done more than anyone else to put this question on the public agenda. But while his book Capital in the Twenty-First Century documents the growth of inequality, he does not offer much of an explanation or a solution. He... Continue reading at Slate

[ Slate | 2015-04-16 00:00:00 UTC ]
More news stories like this | News stories tagged with: #dark side #thomas piketty


Publishers and agents agree to speed up contracts

Publishers and agents have agreed a set of guidelines for negotiating author contracts, following concerns author payments were being delayed.  The Publishers Association (PA) and Association of Authors’ Agents (AAA)  said the guidelines were designed to “speed up the process for the benefit of... Continue reading at The Bookseller

[ The Bookseller | 2015-04-10 00:00:00 UTC ]
More news stories like this | News stories tagged with: #agents agree #agents aaa


Brand funds Hackney café with book profits

Russell Brand has used profits from his book Revolution (Century) to help fund a café in Hackney staffed by recovering drug addicts. The Trew Era café is a social enterprise located in a housing estate that faced eviction last year by a US company. The Guardian reports that Brand backed the... Continue reading at The Bookseller

[ The Bookseller | 2015-03-28 00:00:00 UTC ]
More news stories like this | News stories tagged with: #book profits #russell brand #guardian reports


Blackstaff Press 'devastated' to have Arts Council funding withdrawn

Northern Ireland publisher Blackstaff Press  said it is “devastated” to learn its Arts Council funding has been withdrawn and is “absorbing the shock” of the news. The independent press, which has been running since 1971, said it found out its funding had been slashed from £82,200 to zero for... Continue reading at The Bookseller

[ The Bookseller | 2015-03-25 00:00:00 UTC ]
More news stories like this | News stories tagged with: #blackstaff press #independent press


All libraries in England to get wi-fi funding

The government will provide funding to give wi-fi access to all public libraries across England, chanceller George Osborne revealed yesterday (18th March) is his pre-election budget speech. The budget document said that £7.4m would be provided to fund wi-fi. Continue reading at The Bookseller

[ The Bookseller | 2015-03-20 00:00:00 UTC ]
More news stories like this | News stories tagged with: #public libraries


Rakuten Buys E-book Distributor OverDrive for $410 Million

Japan's Rakuten, parent company of ebookseller Kobo, has purchased US ebook distributor OverDrive, likely blocking Kindle's further expansion into libraries. The post Rakuten Buys E-book Distributor OverDrive for $410 Million appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2015-03-19 00:00:00 UTC ]
More news stories like this | News stories tagged with: #$410 million #ebookseller kobo


Scholastic, AAP Team Up On Library Funding

A coalition of publishers and education and industry groups has called on the U.S. Congress to support dedicated school library funding. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-03-19 00:00:00 UTC ]
More news stories like this | News stories tagged with: #library funding