FCC approves Nexstar’s $6.4 billion acquisition of Tribune Media

The long, drawn out saga over Tribune Media Company's fate could soon come to an end. Today, the Federal Communications Commission (FCC) approved the sale of Tribune to Nexstar Media Group. The $6.4 billion deal will create the nation's largest local...

Toshiba, Fujitsu and Vaio could merge their PC divisions

The PC business as we know it is dying, and whenever an industry reaches this point in its life, it has to team up with the other survivors to avoid oblivion. To that end, Nikkei Asian Review believes that Toshiba, Fujitsu and Vaio, Sony's spun out c...

Mobile Miscellany: week of September 23rd, 2013

Mobile Miscellany week of September 23rd, 2013

If you didn't get enough mobile news during the week, not to worry, because we've opened the firehose for the truly hardcore. This week brought a new LTE phone to Boost Mobile, hints of consolidation between Sprint and T-Mobile, and lastly, hints of what we might see at Nokia's upcoming 'innovation reinvented' event. These stories and more await. So buy the ticket and take the ride as we explore all that's happening in the mobile world for this week of September 23rd, 2013.

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Penguin and Random House merge, promise a brave new e-book future

Penguin and Random House merge, promise a brave new ebook future

The pressure of digital transitions can lead traditional media companies to circle the wagons -- for better or for worse -- and book publishers certainly aren't immune as e-books take hold. Bertelsmann and Pearson are worried enough to be merging their respective Random House and Penguin publishing wings into a joint venture, not-so-creatively titled Penguin Random House, that they hope will better survive "long-term trends" like the shift away from paper-centric business models. While the two are engaged in the usual corporatespeak of creating "synergies" (read: resource cuts), we're more interested in talk of the union being a springboard for digital efforts: Penguin Random House wants to be "more adventurous" with e-book models like self-publishing. Whether the merger leads to a renaissance for established publishers or just reduced competition when the deal closes in the back half of 2013, we're bracing ourselves for the possibility of a Fifty Shades of Jamie Oliver crossover.

Continue reading Penguin and Random House merge, promise a brave new e-book future

Penguin and Random House merge, promise a brave new e-book future originally appeared on Engadget on Mon, 29 Oct 2012 10:15:00 EDT. Please see our terms for use of feeds.

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