Tribune Offers $3 Million to Fund Freedom Bankruptcy Case

Tribune Publishing Co., the owners of the Los Angeles Times, offered $3 million to fund Freedom Communication Inc.’s bankruptcy case during the newspaper publisher’s first bankruptcy hearing Wednesday.   A lawyer for the ... Continue reading at 'Editor & Publisher'

[ Editor & Publisher | 2015-11-04 00:00:00 UTC ]

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Tribune Offers $3 Million to Fund Freedom Bankruptcy Case

Tribune Publishing Co., the owners of the Los Angeles Times, offered $3 million to fund Freedom Communication Inc.’s bankruptcy case during the newspaper publisher’s first bankruptcy hearing Wednesday.   A lawyer for the ... Continue reading at Editor & Publisher

[ Editor & Publisher | 2015-11-04 00:00:00 UTC ]
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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 ]
More news stories like this | News stories tagged with: #hedge fund #cutting costs #deal valued


Hedge fund Alden offers to buy Tribune, valuing it at $521M

Hedge fund Alden, Tribune’s largest shareholder, has offered to buy the rest of the newspaper publisher at a price that values it at $520.6 million Continue reading at ABC News

[ ABC News | 2020-12-31 15:47:06 UTC ]
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Tribune Publishing Says No to Gannett’s $815 Million Offer

The Los Angeles Times building. The owner of the newspaper, Tribune Publishing Company, rejected an unsolicited offer from Gannett. Continue reading at The New York Times

[ The New York Times | 2016-05-05 00:00:00 UTC ]
More news stories like this | News stories tagged with: #tribune publishing


Emirates Publishers Association Issues 10-Million-Dirham Fund

Reaching its 15th anniversary, the Emirates Publishers Association opens a 10-million-dirham fund that includes a business incubator. The post Emirates Publishers Association Issues 10-Million-Dirham Fund appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2024-04-02 13:37:26 UTC ]
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Tattered Cover Submits Bankruptcy Plans, Owes Nearly $4 Million to Creditors

On Tuesday, the ownership group that controls Denver's Tattered Cover bookstores filed the first part of its bankruptcy reorganization plans, citing some $3.1 million owed to unsecured creditors, including half a million dollars to its former CEO. A further $820,000 is owed to secured lenders. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-01-18 05:00:00 UTC ]
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ALA 2023: Judy Blume Offers a Rousing Defense of the Freedom to Read

Keynoting a resurgent ALA Annual Conference, the author talked about her experiences with books bans in the 1980s and thanked librarians for their ardent defense of banned books. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-06-25 04:00:00 UTC ]
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Leading NFT blockchain Flow announces $725 million Ecosystem Fund to drive Web3 innovation

The fund will be available to developers globally and will focus on those in the decentralized finance, gaming, and digital content space. Flow, one of the leading blockchains in the Web3 arena, has announced the launch of a new fund designed to spur innovation among those building apps, games,... Continue reading at Fast Company

[ Fast Company | 2022-05-10 09:00:23 UTC ]
More news stories like this | News stories tagged with: #digital assets #digital content


Zestworld Launches Digital Comics Venture with $9 Million in Funding

Zestworld announced it has raised $9.37 million in new funding to create a digital comics publishing and distribution platform for a newly assembled stable of veteran popular comics creators. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-03-22 04:00:00 UTC ]
More news stories like this | News stories tagged with: #$9 million #raised $9 #distribution platform


3 privately owned, commercial space stations get NASA funding

NASA announced on Thursday it has awarded $415.6 million US to billionaire Jeff Bezos' Blue Origin, stalwart contractor Northrop Grumman Corp and venture-backed Nanoracks to develop privately owned and operated commercial space stations. ... Continue reading at CBC

[ CBC | 2021-12-03 12:56:05 UTC ]
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ALA Accepting Applications for $2 Million in NEH-funded Covid-19 Relief Grants

Up to 200 U.S. libraries of all types will be selected to receive $10,000 grants to support, restore, and sustain their core activities. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-10-06 04:00:00 UTC ]
More news stories like this | News stories tagged with: #$2 million #receive $10 #libraries


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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The Literary Arts Emergency Fund will award 3.5 million to 282 literary organizations this year.

Exclusive: the Literary Arts Emergency Fund, launched and administered by the Academy of American Poets, the Community of Literary Magazine & Presses, and the National Book Foundation, has announced that it will distribute $3.5 million in emergency funding to 282 nonprofit literary arts... Continue reading at Literrary Hub

[ Literrary Hub | 2020-09-15 19:00:39 UTC ]
More news stories like this | News stories tagged with: #american poets #literary magazine


Hedge fund Chatham plans to buy newspaper publisher McClatchy out of bankruptcy, ending 163 years of family control

Hedge fund Chatham plans to buy newspaper publisher McClatchy out of bankruptcy, ending 163 years of family control Continue reading at ABC News

[ ABC News | 2020-07-12 18:20:00 UTC ]
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NEA Offering $75 Million to Nonprofits to Save Jobs

The National Endowment for the Arts is now taking applications for $75 million in grants to nonprofit arts organizations to combat job losses related to Covid-19. Grants are fixed at $50,000 for individual nonprofits. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-04-09 04:00:00 UTC ]
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Coal Barons Who Donated $1 Million to Trump’s Increasingly Suspicious Inauguration Fund May Get Huge Favor

Bloomberg published an eyebrow-raising report Thursday night about a draft proposal being prepared by the Trump administration that would subsidize the coal industry in part by invoking a Cold War-era law intended for use in national security emergencies: Continue reading at Slate

[ Slate | 2018-06-01 00:00:00 UTC ]
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Digiday Research: 3 percent of European publishers believe Snapchat offers the best revenue returns

European publishers are building audiences on Snapchat, but they think it offers the worst revenue return among major video players. The post Digiday Research: 3 percent of European publishers believe Snapchat offers the best revenue returns appeared first on Digiday. Continue reading at Digiday

[ Digiday | 2017-11-10 00:00:00 UTC ]
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Facebook offers millions to music industry to avert copyright crisis

Facebook is said to be offering hundreds of millions of dollars to music publishers and record labels to avoid having to take down user-generated videos that feature copyrighted music. Bloomberg cites "people familiar with the matter" as saying Facebook's payments will allow for the legal use of... Continue reading at Betanews

[ Betanews | 2017-09-06 00:00:00 UTC ]
More news stories like this | News stories tagged with: #music industry #music publishers #record labels #people familiar


In Video Play, Facebook Offers Hundreds of Millions for Music Rights

Facebook is offering major record labels and music publishers hundreds of millions of dollars so the users of its social network can legally include songs in videos they upload, according to people familiar with the matter.The posting and viewing of video on Facebook has exploded in recent... Continue reading at Advertising Age

[ Advertising Age | 2017-09-06 00:00:00 UTC ]
More news stories like this | News stories tagged with: #rights holders


Facebook must pay $500 million in damages in Oculus intellectual property case

Facebook is on the hook for $500 million in damages after losing an intellectual property lawsuit Wednesday to ZeniMax Media over its virtual reality headset, the Oculus Rift. ZeniMax, a video game publisher, sued the social network in 2014 in U.S. District Court in Dallas shortly after Facebook... Continue reading at Los Angeles Times

[ Los Angeles Times | 2017-02-02 00:00:00 UTC ]
More news stories like this | News stories tagged with: #zenimax media #$500 million #oculus rift #district court