Media Publishing

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  • E-readers are a thriving business: CEO

    Michael Tamblyn, CEO of Kobo, discusses the e-book market and what the audience for e-readers are like.

  • MILAN/ PARIS, April 8- French media group Vivendi agreed on Friday to buy the pay-TV operation of Italian broadcaster Mediaset, completing a major step in billionaire businessman Vincent Bollore's plan to build a southern European content and video-on-demand powerhouse. It also secures Italian tycoon and former prime minister Silvio Berlusconi,...

  • TORONTO, April 7- Postmedia Network Canada Corp, the country's biggest newspaper publisher, said on Thursday it had initiated a review to consider asset sales and debt and equity restructuring as its losses widened. The publisher said it lost C $225.1 million in the three months to the end of February, including a C $187 million impairment charge, in what Chief...

  • VIENNA, April 5- Britain's financial sector would suffer in the event of Brexit and economic considerations clearly suggest the country should remain part of the European Union, a European Central Bank policymaker said in a newspaper interview published on Tuesday. "Should it come to Brexit, we will have to hold difficult exit negotiations," ECB Governing...

  • TOKYO, April 4- Making preparations with other governments for a Group of Seven summit next month, Japan has sought to emphasise the role of fiscal spending in countering deepening uncertainty over the global outlook, the Sankei newspaper reported on Monday. Monetary policy and structural reforms will also be discussed at the May 26/ 27 summit in Japan, the...

  • A trader works on the floor of the New York Stock Exchange September 15, 2008 in New York City.

    Former Lehman CFO Erin Callan's new memoir exposes the reasons why the firm failed spectacularly in 2008, says Reuters columnist Dominic Elliott.

  • March 24- Playboy Enterprises, the owner of Playboy magazine, is exploring a sale, a source familiar with the matter told Reuters, in a move that comes after the storied magazine stopped publishing nude photos of women and put up the iconic Playboy Mansion up for sale. The Wall Street Journal, which first reported the news, said the company could be valued at more than...

  • Nick Denton, founder and CEO of Gawker Media.

    Gawker CEO Nick Denton says the publication will fight a $140 million verdict that it violated Hulk Hogan's privacy by publishing a sex tape.

  • March 20- Freedom Communications Inc, the bankrupt publisher of two California newspapers, said it would accept a $51.8 million takeover bid from Digital First Media instead of a higher offer from Los Angeles Times owner Tribune Publishing Co.. The Department of Justice on Thursday filed a lawsuit aimed at blocking Tribune from acquiring papers in nearby...

  • March 20- Freedom Communications Inc, the bankrupt publisher of two California newspapers, said it would accept a $51.8 million takeover bid from Digital First Media instead of a higher offer from Los Angeles Times owner Tribune Publishing Co. The Department of Justice on Thursday filed a lawsuit aimed at blocking Tribune from acquiring papers in nearby...

  • BRAZIL`S EX PRESIDENT LULA ACCEPTS MINISTERIAL POST- O GLOBO NEWSPAPER.

  • Michael Jackson at a press conference in New York in 1992.

    Sony Corp said it signed an agreement with Michael Jackson's estate to buy for $750 million the deceased pop star's stake in Sony/ATV Music Publishing.

  • March 14- Sony Corp said it signed an agreement with Michael Jackson's estate to buy for $750 million the deceased pop star's stake in Sony/ATV Music Publishing, the world's largest music publisher which controls songs such as The Beatles' "All You Need Is Love." "This acquisition will enable Sony to more quickly adapt to changes in the music publishing business,"...

  • TORONTO, March 2- Torstar Corp will pour more money into the tablet version of its Toronto Star newspaper and expand in online community forums this year as it tries to offset sharp drops in print advertising with a greater focus on digital efforts. The publisher, which reported weaker-than-expected results on Wednesday, said it planned to invest C $10 million...

  • SYDNEY, March 1- Legislation to change media ownership laws in Australia will be put before parliament, the government said on Tuesday, opening the door for a potential raft of mergers and acquisitions from major media companies such as News Corp.. The reforms could provide a lifeline to Australia's struggling newspaper industry, which is dominated by News...

  • LONDON, Feb 24- European equities fell for a second straight session to a one-week low on Wednesday, with commodities-related shares coming under further selling pressure as prices of copper and crude oil slipped. Commodities-focussed stocks bore the brunt of the sell-off, with the STOXX Europe 600 Basic Resources index dropping 4.5 percent, the top sectoral...

  • LONDON, Feb 24- European stocks fell for a second straight session on Wednesday, with commodities-related shares coming under further selling pressure as prices of copper and crude oil slipped. The STOXX Europe 600 Basic Resources index dropped 3.4 percent, the top sectoral decliner, after prices of copper fell as concerns about the demand for the metal in top...

  • Time Inc could pursue a Reverse Morris Trust transaction with Yahoo, a tax-free deal in which one company merges with a spun-off unit, Bloomberg reported earlier on Tuesday. Yahoo Chief Executive Marissa Mayer would not be part of the company under such a deal, Bloomberg reported, citing one of its sources. Time Inc has heard a presentation from Citigroup Inc...

  • SAO PAULO, Feb 23- Shareholders of clearinghouse Cetip SA Mercados Organizados are expected to accept the sweetened offer from Brazil's biggest exchange operator, BM&FBovespa SA, newspaper Valor Economico reported on Tuesday. The newspaper said foreign shareholders in Cetip, which it had spoken with but did not name, were likely to accept the new offer...

  • Feb 23- Magazine publisher Time Inc is considering a deal to merge with struggling Internet company Yahoo, Bloomberg reported, citing people familiar with the matter. Time Inc, the publisher of Sports Illustrated, People and namesake Time has heard a presentation from Citigroup Inc bankers on pursuing a deal with Yahoo, the Bloomberg report said.