Media Publishing

  • PRAGUE, Dec 10- Czech Prime Minister Bohuslav Sobotka said in an inteview published on Saturday his party should seek a "tax revolution" focusing mainly on progressive taxation for both individuals and companies. Any such change is possible only after the next general election, scheduled for October 2017. Sobotka's Social Democrats have come second in most of...

  • Dec 8- Time Inc, the publisher of Time, People and Fortune magazines, has tapped Morgan Stanley and Bank of America Corp to help field takeover or partnership interest, the Wall Street Journal reported. The media company rejected a takeover bid from billionaire investor Edgar Bronfman Jr, the New York Post reported last month. Bronfman, former CEO of Warner Music...

  • Dec 8- Time Inc, the publisher of Time, People and Fortune magazines, has tapped Morgan Stanley and Bank of America Corp to help field takeover or partnership interest, the Wall Street Journal reported. The media company rejected a takeover bid from billionaire investor Edgar Bronfman Jr, the New York Post reported last month. Bronfman, former CEO of Warner Music...

  • Dec 8- Time Inc, the publisher of Time, People and Fortune magazines, has tapped Morgan Stanley and Bank of America Corp to help find potential buyers or partners, the Wall Street Journal reported. The media company rejected a takeover bid from billionaire investor Edgar Bronfman Jr, the New York Post reported last month. Bronfman, former CEO of Warner Music Group,...

  • RICHMOND, Va.— Rolling Stone magazine urged a federal judge on Monday to overturn the verdict of a jury, which found that the publication and a reporter defamed a University of Virginia administrator with their botched story about a gang rape on campus. Jurors awarded former Associate Dean of Students Nicole Eramo $3 million last month for her portrayal in...

  • BUDAPEST, Hungary— A Hungarian cable news and talk channel has been sold to an ally of the prime minister, the broadcaster's founder said Friday. A company linked to Meszaros, a former gas fitter listed as the 28th richest Hungarian by Forbes magazine, recently bought a major newspaper and magazine publisher, increasing concerns about media diversity and...

  • SELF Magazine

    Self has been trimming its pages since last year and merged its advertising team with Glamour's business division, reports USA Today.

  • BRUSSELS— The European Union wants to apply the same sales tax rules for digital books and newspapers as their print versions, in a move that would bring down the price of electronic publications. The EU Commission on Thursday proposed that electronic publications could get the same reduction in value added tax as some member states have been applying to the...

  • PITTSBURGH— The Pittsburgh Tribune-Review newspaper printed its last edition and has laid off 106 workers as it transitions into an online-only publication. Wednesday's edition ends a 24- year run that began when the late billionaire publisher Richard Mellon Scaife established the paper to compete with the Pittsburgh Post-Gazette, which remains the...

  • BRUSSELS, Nov 30- An EU court on Wednesday upheld sanctions imposed on Arkady Rotenberg, a close ally and former judo partner of Russian President Vladimir Putin whose company won a contract to build a bridge linking the Russian mainland with annexed Crimea. Rotenberg had appealed against the asset freeze and travel ban the EU imposed on him as part of a package...

  • TAIPEI, Nov 29- A group led by a former Taiwanese aviation regulatory official is seeking to take over TransAsia Airways Corp which last week said it would wind down operations, local newspaper Apple said in its online edition. Failing to recover from two plane crashes in almost three years, Taiwan's third-largest carrier said it had no choice but to seek to...

  • Nov 28- Time Inc, the publisher of Time, People and Fortune magazines, has rejected a takeover bid from billionaire investor Edgar Bronfman Jr., the New York Post reported on Monday. Bronfman, who is a managing partner of private equity firm Accretive LLC, made the bid along with Russian-born billionaire Leonard Blavatnik, the founder of holding company Access...

  • Nov 28- Time Inc, the publisher of Time, People and Fortune magazines, has rejected a takeover bid from billionaire investor Edgar Bronfman Jr., the New York Post reported on Monday. Bronfman, who is a managing partner of private equity firm Accretive LLC, made the bid along with Russian-born billionaire Leonard Blavatnik, the founder of holding company Access...

  • Nov 28- Time Inc, the publisher of People and Fortune magazines, has rejected a takeover bid from billionaire investor Edgar Bronfman Jr., the New York Post reported on Monday. Bronfman Jr. offered $18 per share, the Post reported, valuing Time Inc at $1.78 billion. New York- based Time Inc could not immediately be reached for comment.

  • Ownership change won’t make a big difference: Moleskine CEO

    Moleskine CEO, Arrigo Berni, says Belgian distribution firm D'Ieteren is investing in Moleskine as it believes in the manufacturer’s growth prospects.

  • "Concerns about a' sell-off of Germany' are completely unfounded," Liu told Germany's Handelsblatt newspaper days after news that U.S. authorities had recommended blocking the sale of German chip equipment maker Aixtron by China's Fujian Grand Chip Investment Fund. Liu said China would continue to encourage its firms to invest in Germany despite the U.S....

  • J.K. Rowling

    At a time of bitter disputes over rising income inequality, no one seems to resent the author’s runaway success, the New York Times reports.

  • BERLIN, Nov 24- The German Finance Ministry's controversial idea to sell a stake of just under 50 percent in a planned organisation to manage the country's motorways to enable more efficient infrastructure development has been shelved, a newspaper reported on Thursday. Sueddeutsche Zeitung said German Finance Minister Wolfgang Schaeuble, Economy...

  • BERLIN, Nov 24- The German Finance Ministry's controversial idea to sell a stake of just under 50 percent in a planned organization to manage the country's motorways to enable more efficient infrastructure development has been shelved, a newspaper reported on Thursday. Sueddeutsche Zeitung said German Finance Minister Wolfgang Schaeuble, Economy...

  • BERLIN, Nov 24- The German Finance Ministry's controversial idea to sell a stake of just under 50 percent in the country's motorways to enable more efficient infrastructure development has been shelved, a newspaper reported on Thursday. Sueddeutsche Zeitung said German Finance Minister Wolfgang Schaeuble, Economy Minister Sigmar Gabriel and Transport...