Times Publishing Company Takes $28 Million Loan

Tampa Bay Times

The Times Publishing Company has finalised a $28 million loan with Crystal Financial LLC in order to “refinance existing debt and to provide incremental liquidity for growth”. The facility matures in December 2016. The Times Publishing Company owns publications that include the Tampa Bay Times and Florida Trend business magazine, as well as websites such … Read more Times Publishing Company Takes $28 Million Loan

Magazine Industry Moves to Standardize Digital Audience Metrics

Adobe has worked with magazine publishers, MPA – The Association of Magazine Media, Adobe and the American Association of Advertising Agencies (4As) to standardize audience and engagement metrics. Through analytics included with the Adobe® Digital Publishing Suite, Adobe now enables digital magazine publishers to measure: The total number of tablet readers per issue; Total number … Read more Magazine Industry Moves to Standardize Digital Audience Metrics

MTG Retains Premier League Rights Until 2016

Modern Times Group has retained the rights for the Barclays Premier League until the end of the 2015 / 2016 season. The broadcasting group already had the tournament’s television rights for Estonia, Latvia and Lithuania and is now confirmed as the supplier in the region for a further three seasons. MTG holds the Baltic rights … Read more MTG Retains Premier League Rights Until 2016

Washington Post and Boston Globe Sold to New Owners in Same Week

Two of the biggest names in United States newspaper publishing have announced agreements to sell substantial assets within the same week. First, the New York Times Company announced the sale of New England Media Group to an acquisition company owned by John W. Henry. $70 million in cash would be exchanged for The Boston Globe, … Read more Washington Post and Boston Globe Sold to New Owners in Same Week

Time Warner Lambasts CBS For Price Hikes, Pulls Stations

Time Warner Cable logo

In a bullish statement on Tuesday, Time Warner informed customers that some CBS programming would no longer be available to Time Warner customers on its service. Time Warner labelled price increases at the broadcaster “outrageous”, “out of line” and “unfair”. In addition to the forceful language, Time Warner also issued a waspish threat to customers … Read more Time Warner Lambasts CBS For Price Hikes, Pulls Stations

News Corporation to Leave London Stock Exchange on 28th June 2013

News Corporation, the owner of The Sun, The Times, The Australian, Fox News & HarperCollins books, is set to de-list from the London Stock Exchange on 28th June 2013. The change will coincide with a pre-announced decision to split the company between its global entertainment business and its newspapers & books. The first of the … Read more News Corporation to Leave London Stock Exchange on 28th June 2013

Disney Buys Lucasfilm for $4.05 Billion

George Lucas has sold the company which owns the Star Wars brand to Disney for $4.05 Billion. Disney will take control of Lucasfilm Ltd in return for around 40 million shares and about $2.25 billion in cash. George Lucas will remain as creative consultant on Star Wars: Episode 7 – set for release in 2015. … Read more Disney Buys Lucasfilm for $4.05 Billion

BBC Wins Exclusive UK Rights to Olympics Until 2020

The BBC has won the exclusive broadcasting rights for the Olympic Games in the UK until 2020. The state broadcaster won rights to the XXII Olympic Winter Games (2014) in Sochi, Russia; the Games of the XXXI Olympiad (2016) in Rio De Janeiro, Brazil; and the XXIII Olympic Winter Games (2018) in PyeongChang; as well … Read more BBC Wins Exclusive UK Rights to Olympics Until 2020

Accenture Wins Contract to Manage Japanese Radio Licensing

Accenture has won a contract from the Ministry of Internal Affairs and Communications to manage the Productive and Reliable Telecommunications Network for Radio (PARTNER) system. The PARTNER system manages radio network administrative functions in Japan such as processing broadcaster license applications and radio frequency management. Since June 2011, Accenture has been developing systems to reduce costs, improve compliance … Read more Accenture Wins Contract to Manage Japanese Radio Licensing

Prompt Communications Wins Squigs Contract

Prompt Communications has won the contract to provide social media services and PR for VistaCloud Ventures’ new game for iOS, Squigs. Originally launched on the Amiga in 1993, Squigs is now available from the Apple Apps Store and has been updated for streamlined use on smartphones. Hazel Butters, CEO of Prompt Communications siad of the … Read more Prompt Communications Wins Squigs Contract