Warwick Hotels honcho snaps up a condo by Central Park

A global hotelier has scored a Manhattan home near where his company first put down roots.Richard Chiu, founder of the chain Warwick Hotels and Resorts, whose initial acquisition in 1980 was Midtown’s Warwick Hotel, purchased the three-bedroom condo on Columbus Circle for $17.3 million, according to a property record that appeared in the city register Tuesday.The 3,900-square-foot unit in the south spire of the two-towered condo complex long known as the Time Warner Center and now called the Deutsche Bank Center, went into contract May 30 and closed Sept. 5, says its deed, which details that Chiu bought the unit with his wife, Ann Chiu.The arrow-shaped apartment offers a formal dining room, floor-to-ceiling windows and Central Park views, including from the primary suite, whose bath is tucked in the unit’s point.The condo’s seller was a trust linked to Mikhail Kurnev, the managing partner of Forum Absolute Capital Partners, a residential development firm. Kurnev, who built dorms for New York University earlier in his career, paid $9.9 million for the apartment in 2004, records show.He has tried to sell the unit before, according to listings site StreetEasy. In 2012 Kurnev put the property on the market for a hefty $50 million before removing it two years later without any takers. He may have rented out the home in ensuing years; at one point it was listed for $30,000 a month, according to the site. The apartment came back up for sale in January 2024 at $22 million before... Continue reading at 'Crains New York'

[ Crains New York | 2024-09-24 17:00:13 UTC ]

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10 Arabic titles that should be translated into English

With Sharjah as London Book Fair’s guest of honour in 2022, the time is nigh – nay, now – for publishers to acquire Arabic titles for translation. But where to start? Unlike other languages such as Korean or Swedish, which have robust agenting infrastructure, very few Arab authors have agents to... Continue reading at British Council global

[ British Council global | 2021-06-29 14:19:46 UTC ]
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A new AT&T merger unwinds a previous one

Over the weekend, a massive merger agreement was hammered out between telecom giant AT&T and entertainment company Discovery Inc. If it receives the blessing of federal regulators, AT&T will spin off its WarnerMedia unit—which includes CNN, HBO, and other assets—into a separate company... Continue reading at Columbia Journalism Review

[ Columbia Journalism Review | 2021-05-18 12:05:33 UTC ]
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UAE: Sheikh Zayed Book Award Names Its 2021 Winners

The 2021 Sheikh Zayed Book Award winners come from Egypt, Tunisia, Saudi Arabia, the United States and Lebanon. The post UAE: Sheikh Zayed Book Award Names Its 2021 Winners appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2021-04-22 14:03:56 UTC ]
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Writing a Saudi American Novel When No One Has Done It Before

Before I spotted Princess: A True Story of Life Behind the Veil in Saudi Arabia on the shelves of a Borders bookstore near my Pennsylvania college, I had never seen a book about a Saudi woman before. Princess, according to its book jacket, which featured a fully veiled woman in high heels, was... Continue reading at Literrary Hub

[ Literrary Hub | 2021-01-25 09:48:19 UTC ]
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AT&T acquires Canada's You.i TV to bolster efforts to get HBO Max into more markets

AT&T’s WarnerMedia has brought on a startup to help it get HBO Max into more places. The entertainment arm of the Dallas company has acquired Canada-based You.i TV, a provider of cross-platform development tools for television and media companies, according to a statement.  Terms were not... Continue reading at Silicon Valley Business Journal

[ Silicon Valley Business Journal | 2020-12-23 22:03:09 UTC ]
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AT&T cuts more than 8,700 workers in third quarter amid Covid-19

The cuts are the biggest since the surge in employees at the time of the Time Warner acquisition in 2018. Continue reading at Silicon Valley Business Journal

[ Silicon Valley Business Journal | 2020-10-26 17:04:42 UTC ]
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NBCC Board Gutted as Fallout Over Leaked Emails, Race Issues Widens

The turmoil that roiled the National Book Critics Circle last week continued throughout the weekend and into Monday morning as concerns over matters of race and privacy continue to split the organization's board of directors. As of press time, at least 13 members have resigned from the typically... Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-06-15 04:00:00 UTC ]
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Gannett Names Former We Company, Time Warner Executive as Chief Financial Officer

Gannett, the owner of USA TODAY and more than 260 other daily publications, appointed a new chief financial officer as Continue reading at Editor & Publisher

[ Editor & Publisher | 2020-04-08 17:34:12 UTC ]
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Mohammed bin Salman is a mystery, but his impact on Saudi Arabia is brutally obvious

Ben Hubbard’s biography details the prince’s new brand of “electronic authoritarianism.” Continue reading at The Washington Post

[ The Washington Post | 2020-03-13 12:00:00 UTC ]
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AT&T’s advertising unit chief resigns after joining company less than three years ago, report says

AT&T’s Brian Lesser, who heads up the company’s key advertising unit, Xandr, is leaving the company, according to a new report from Reuters. Lesser felt comfortable stepping down because Xandr is in a good position and its first quarter results are expected to show significant growth, the... Continue reading at Silicon Valley Business Journal

[ Silicon Valley Business Journal | 2020-03-11 18:26:08 UTC ]
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Olin expands board to add activist investor's picks

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[ Silicon Valley Business Journal | 2020-03-02 17:51:21 UTC ]
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AT&T boosts spending on R&D after four years of declines amid Time Warner buy, investments

AT&T Inc. managed something it hasn’t since 2014: An increase in spending on research and development. The Dallas telecommunications and now media company increased in investment in R&D last year by about $80 million to $1.28 billion, an increase of about 7 percent, it said in its... Continue reading at Silicon Valley Business Journal

[ Silicon Valley Business Journal | 2020-02-25 16:16:46 UTC ]
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AT&T boosts spending on R&D after four years of declines amid Time Warner buy, investments

AT&T Inc. managed something it hasn’t since 2014: An increase in spending on research and development. The Dallas telecommunications and now media company increased in investment in R&D last year by about $80 million to $1.28 billion, an increase of about 7 percent, it said in its... Continue reading at Silicon Valley Business Journal

[ Silicon Valley Business Journal | 2020-02-24 22:58:29 UTC ]
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WarnerMedia and Xandr Set Their Sights on Addressable and Even More Collaboration in 2020

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AT&T Pulls Plug on Audience Network, Which Will Become HBO Max Preview Channel

Audience Network, which has been on shaky ground since parent company AT&T bought Time Warner (now called WarnerMedia) in 2018, will soon be no more. AT&T said on Wednesday that it is pulling the plug on Audience Network, and will "transition" it this spring to a preview channel for HBO... Continue reading at AdWeek

[ AdWeek | 2020-01-09 00:45:55 UTC ]
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Cartoon Network executive resigns in latest WarnerMedia exit

The Cartoon Network’s top executive has stepped down, joining the growing roster of former Time Warner executives departing the company following its takeover by AT&T Inc. Christina Miller, a... To view the full story, click the title link. Continue reading at Crains New York

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Big Ideas for Incremental Change and Disruption

VANCOUVER, B.C.—Publishers have been taking a hard look at several novel revenue opportunities, some borrowed from other industries but each representing incremental growth potential when spun on a magazine axis. At the recent Content Opportunity Expo, executives from large legacy groups and... Continue reading at Folio Magazine

[ Folio Magazine | 2019-11-05 16:00:49 UTC ]
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AT&T bows to pressure from activist investor, may sell ailing DirecTV unit

Mere weeks after activist investor Elliott Management publicly pressed AT&T to slash costs and dial down its acquisitions strategy, it appears as if Chairman-CEO Randall Stephenson has knuckled under to those demands. Speaking today on AT&T’s third-quarter earnings call, Stephenson laid... Continue reading at Advertising Age

[ Advertising Age | 2019-10-28 20:32:03 UTC ]
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AT&T makes changes in response to activist investor push

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Ahead of Peacock streaming launch, NBCUniversal remains in stealth mode

When speaking to the investor community for the first time about Peacock, Steve Burke didn’t exactly fling open the metaphorical kimono. In response to analysts’ queries about the nascent streaming service, the NBCUniversal CEO said his team is keeping details about the pricing and promotion of... Continue reading at Advertising Age

[ Advertising Age | 2019-10-24 19:47:42 UTC ]
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