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Penthouse Magazine publisher files bankruptcy for a third time

Penthouse Global Media Inc., an offshoot of the iconic adult entertainment brand that began with Bob Guccione’s Penthouse Magazine in 1965, is taking the business on a third trip through bankruptcy......»»

Category: topSource: moneycentralJan 12th, 2018

Nine West Holdings files for chapter 11 bankruptcy: Dow Jones

This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about this breaking news......»»

Category: topSource: marketwatchApr 6th, 2018

Meredith Plans to Lay Off 1,000 People at Time Inc.

Meredith said it intends to lay off 1,000 staffers at Time Inc. over the next 10 months in addition to 200 positions it cut this week, part of a push to reduce expenses following its acquisition of the storied magazine publisher in January......»»

Category: smallbizSource: wsjMar 21st, 2018

Lisa Garcia Quiroz, Magazine Publisher, Is Dead at 57

At Time Inc., Ms. Quiroz launched People en Español and Time for Kids and spearheaded the company’s diversity and arts philanthropy initiatives......»»

Category: mediaSource: nytMar 21st, 2018

Meredith to Cut Up to 300 Jobs

Meredith Corp., the country’s largest magazine publisher, is expected to lay off 200 to 300 staffers as soon as this week after recently completing the acquisition of Time Inc......»»

Category: smallbizSource: wsjMar 18th, 2018

The Wall Street Journal: Magazine giant Meredith to cut up to 300 jobs in wake of Time purchase

Meredith Corp., the country’s largest magazine publisher, is expected to lay off 200 to 300 staffers as soon as this week after recently completing the acquisition of Time Inc., according to people familiar with the situation......»»

Category: topSource: marketwatchMar 18th, 2018

Bitcoin exchange hacked AGAIN, goes bankrupt

South Korean bitcoin exchange Youbit hacked for second time this year, files for bankruptcy......»»

Category: videoSource: cnnDec 20th, 2017

PhaseRx files for bankruptcy protection

This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about this breaking news......»»

Category: topSource: marketwatchDec 11th, 2017

Boston Herald sold to Gatehouse, files for Chapter 11

The Boston Herald is being sold to GateHouse Media, the newspaper’s publisher, Patrick J. Purcell, told employees Friday afternoon, and also filed for federal bankruptcy protection. The Boston.....»»

Category: topSource: moneycentralDec 8th, 2017

Breakingviews TV: Publisher calls time

Meredith’s $2.8 bln deal for Time offers the magazine company security, but as Jen Saba and Tom Buerkle discuss, it raises big questions about the influence of backers Charles and David Koch......»»

Category: videoSource: reutersNov 27th, 2017

Time Inc. gets new owners

Media company Meredith announced that it has agreed to buy Time magazine's publisher, Time Inc., for $2.8 billion. The billionaire Koch brothers are backing the deal with a $650 million investment......»»

Category: videoSource: cnnNov 27th, 2017

Meredith says Koch brothers will not have control after helping finance Time acquisition

Magazine publisher and broadcast company .....»»

Category: topSource: latimesNov 27th, 2017

Shares of Time Inc. gain 9% after news of $2.8 billion acquisition by Meredith Corp

Shares of beleaguered magazine publisher Time Inc. were up more than 9% in premarket trade on Monday after Meredith Corp. , which publishes "Better Homes & Gardens," proposed a deal over the weekend to buy Time in an acquisition valued at $2.....»»

Category: topSource: marketwatchNov 27th, 2017

Meredith Corp. to acquire Time Inc. for $2.8 billion

Magazine publisher and broadcast company Meredi.....»»

Category: topSource: latimesNov 26th, 2017

Meredith Has Submitted a Bid for Time Inc. of $17 to $20 a Share

Meredith Corp. has made a takeover bid for storied magazine publisher Time Inc. in the range of $17 to $20 a share, according to people familiar with the situation......»»

Category: smallbizSource: wsjNov 16th, 2017

Koch brothers are helping magazine publisher Meredith try to buy Time Inc., reports say - Los Angeles Times

Los Angeles TimesKoch brothers are helping magazine publisher Meredith try to buy Time Inc., reports sayLos Angeles TimesMagazine publisher Meredith Corp. reportedly is again in talks to acquire Time Inc., this time with financial backing from t.....»»

Category: topSource: googlenewsNov 16th, 2017

Koch brothers are helping magazine publisher Meredith try to buy Time Inc., reports say

Magazine publisher Meredith Corp. reportedly is.....»»

Category: topSource: latimesNov 16th, 2017

DealBook Briefing: Why Are the Kochs Backing a Bid for Time Inc.?

Koch Industries has tentatively agreed to invest millions into Meredith’s takeover bid for the magazine publisher. Their goal is an open question......»»

Category: dealsSource: nytNov 16th, 2017

For second time in 9 years, publicly traded financial services firm files for bankruptcy

The Chesterbrook-based company reached an agreement with lenders to significantly reduce its debt and enhance its balance sheet......»»

Category: topSource: bizjournalsNov 10th, 2017

Time Inc. revenue slips 9.5 percent

Magazine publisher Time Inc.’s revenue slipped 9.5 percent to $679 million in the third quarter. The New York-based company (NYSE: TIME) missed analysts’ estimates of $693.5 million, according to Thomson Reuters. Time earned 36 cents per share.....»»

Category: topSource: bizjournalsNov 9th, 2017

Time Inc misses revenue estimates as print ads decline

(Reuters) - Magazine publisher Time Inc's revenue fell short of analysts' forecasts for the third quarter, as an uptick in online advertising failed to offset a decline in print ads......»»

Category: topSource: reutersNov 9th, 2017