In a memo Thursday morning, Comcast EVP David Cohen described the company’s $45.2 billion merger with Time Warner Cable as a “friendly transaction” that’s “firmly in the public interest” — partly… Read more »
Comcast is officially acquiring Time Warner Cable for $45.2 billion, the companies confirmed Thursday morning. That means that about 30 million customers are going to have the same cable, internet and phone company. Read more »
Open Road, the digital publisher cofounded by former HarperCollins CEO Jane Friedman, has acquired E-Reads, an ebook publisher launched in 1999 by literary agent Richard Curtis. Read more »
In an investor call Monday morning, Yahoo CEO Marissa Mayer said Yahoo and Tumblr’s audiences really don’t overlap. She said that’s fine: Yahoo users will be exposed to more Tumblr content,… Read more »
Yahoo has officially acquired Tumblr for $1.1 billion, the companies announced Monday morning. Tumblr will be operated as a separate business, with David Karp remaining CEO. Read more »
The European Union approved the merger of Random House and Penguin without conditions on Friday, saying it doesn’t pose a threat to competition. The U.S. approved the merger in February. Read more »
The U.S. Department of Justice has approved the proposed merger between Random House and Penguin, though it remains under consideration by international antitrust authorities. Read more »
SAY Media, which in recent months has acquired Remodelista and Dogster and launched Jane Pratt’s xoJane.com, is expanding into the tech spac… Read more »
If you’ve ever wondered how certain books wind up on library shelves, or how your children’s school librarian chooses which books to buy, th… Read more »