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☆ Paramount to sell Simon & Schuster to KKR for $1.62 billion
▼ + stars: | 2023-08-07 | by ( Lillian Rizzo | ) www.cnbc.com time to read: +2 min

The publishing offices of Simon and Schuster in New York. Paramount Global agreed to sell book publisher Simon & Schuster to private equity giant KKR for $1.62 billion, the media company said Monday as it reported earnings. KKR's entry into the book publishing space comes months after Paramount scrapped its initial agreement to sell Simon & Schuster to rival Penguin Random House — which was valued at $2.2 billion — after a federal judge rejected the merger and it raised red flags with the government. Paramount executives said during Monday's earnings call that the proceeds of the Simon & Schuster sale would be used in the company's ongoing effort to pay down debt. Paramount reported revenue of $7.62 billion for the quarter, down about 2% year-over-year, as the company's TV segment was once again dragged down by lower advertising revenue.

Persons: Simon, Schuster, Simon & Schuster, Naveen Chopra, Bob Bakish Organizations: Paramount Global, KKR, Paramount, Penguin Random, Simon &, Penguin, BET Media Group, BET, VH1, CNBC, Media, Revenue Locations: New York

☆ Vingegaard poised for Tour de France title as Pogacar wins stage
▼ + stars: | 2023-07-22 | by ( Julien Pretot | ) www.reuters.com time to read: +2 min

LE MARKSTEIN, France, July 22 (Reuters) - Defending champion Jonas Vingegaard of Denmark was set to win his second Tour de France title after keeping a close tab on his main rival and 20th stage winner Tadej Pogacar in the final mountain ride of the race on Saturday. Overall, Jumbo-Visma rider Vingegaard leads Pogacar by seven minutes and 29 seconds with his United Arab Emirates team mate, Briton Adam Yates, in third position, 10:56 off the pace. Pogacar attacked on the last climb of the day, the Col du Platzerwazel (7.1km at 8.4%), and was followed by Vingegaard and Gall. Enormously popular local boy Pinot, riding his last Tour on his training roads with thousands of fans gathered with flags, beers and flares to support him one last time. Pinot went solo on the ascent to the Petit Ballon, riding as stage leader through a sea of roaring fans like a man possessed.

Persons: MARKSTEIN, Jonas Vingegaard, Tadej Pogacar, Pogacar, Austrian Felix Gall, Vingegaard, Briton Adam Yates, Giulio Ciccone, Belgian Jasper Philipsen, du Platzerwazel, Gall, Thibaut, Warren Barguil, Tom Pidcock, Yates, Simon, Adam, Pinot, Petit Ballon, Julien Pretot, Andrew Cawthorne, Hugh Lawson Organizations: de France, United Arab Emirates, Lombardia, Thomson Locations: France, Denmark, Belfort, Austrian, Belgian, Paris

☆ Opinion | American Theater Is Collapsing. The Federal Government Must Save It.
▼ + stars: | 2023-07-19 | by ( Isaac Butler | ) www.nytimes.com time to read: +2 min

The American theater is on the verge of collapse. The Humana Festival of New American Plays, a vital launching pad for such great playwrights as Lynn Nottage and Will Eno over the past four decades, was canceled this year. This season the Williamstown Theater Festival, one of our most important summer festivals, will consist of only one fully produced work, alongside an anemic offering of staged readings. The Lookingglass, a major anchor of Chicago’s theater scene, is halting production for the year. Nonprofit theaters are where many recent hits — including “A Strange Loop” and “Hamilton,” both of which won Pulitzer Prizes — started out.

Persons: Lynn Nottage, Will Eno, Edward Albee, August Wilson, Tony Kushner, Annie Baker, Simon, Garfunkel’s, “, “ Hamilton, ”, — Organizations: Public, New, Williamstown Theater, Oregon Shakespeare, Brooklyn Academy of Music, Nonprofit Locations: Oregon, New York

☆ Australia, NZ cleared to fly Indigenous flags at Women's World Cup
▼ + stars: | 2023-07-07 | by ( ) www.reuters.com time to read: +1 min

REUTERS/David Gray/File PhotoMELBOURNE, July 7 (Reuters) - Global soccer governing body FIFA has agreed to requests from Australia and New Zealand to display Indigenous flags at the Women's World Cup, the co-hosts said on Friday. The Australian Aboriginal flag and the Torres Strait Islander flag will be on display at all 35 matches across Australia, with the Māori flag, known as 'Tino Rangatiratanga', to feature at all 29 matches in New Zealand. "Confirmation by FIFA that all official flags of Australia will be flown during the FIFA Women's World Cup is an important moment for all Australians, particularly First Nations People," Football Australia boss James Johnson said in a statement. Australia's World Cup squad includes Indigenous Australian players Kyah Simon and goalkeeper Lydia Williams. The World Cup starts on July 20.

Persons: David Gray, Tino Rangatiratanga, James Johnson, Kyah Simon, Lydia Williams, Simon, I'm, Ian Ransom, Peter Rutherford Organizations: Workers, Islands, Australian, Commonwealth Games, REUTERS, Global, FIFA, Australian Aboriginal, Torres Strait, Nations, Football Australia, Indigenous, First Nations, Thomson Locations: Torres, Australian, Queensland, Australia, MELBOURNE, New Zealand, Melbourne

Having sex in a car is usually a last resort, born from the trappings of youth. But, without a private place to go to, they found themselves having sex in the back seat of the teamster’s car. Today, Susan shares how car sex turned into something deeper. Want more from Modern Love? We also have swag at the NYT Store and two books, “Modern Love: True Stories of Love, Loss, and Redemption” and “Tiny Love Stories: True Tales of Love in 100 Words or Less.”

Persons: Susan Silas, Susan, —, Anna Martin, Julia Botero, Christina Djossa, Elyssa Dudley, Hans Buetow, Sara Sarasohn, Jen Poyant, Sophia Lanman, Maddy Masiello, Rowan Niemisto, Pat McCusker, Dan Powell, Daniel Jones, Miya Lee, Mahima Chablani, Jeffrey Miranda, Renan Borelli, Nina Lassam, Julia Simon, Anna Diamond, ”

☆ A Cherry Pie That’s as Sweet (or Sour) as You Want It to Be
▼ + stars: | 2023-06-28 | by ( Melissa Clark | ) www.nytimes.com time to read: 1 min

A Good AppetiteA Cherry Pie That’s as Sweet (or Sour) as You Want It to BeUse whatever kind of cherries — fresh or frozen, sour or sweet — in this adaptable cherry pie from Melissa Clark. Give this article Share full articleCherry season is fleeting, but a classic cherry pie is forever. Credit... David Malosh for The New York Times. Food Stylist: Simon Andrews.

Persons: That’s, Melissa Clark, David Malosh, Simon Andrews Organizations: The New York Times

☆ 'American Sikh:' How a turbaned Captain America shatters stereotypes
▼ + stars: | 2023-06-17 | by ( Harmeet Kaur | ) edition.cnn.com time to read: +10 min

In 2013, a photographer convinced the cartoonist to don a Captain America costume for a shoot on the streets of New York. Something about a Sikh Captain America seemed to resonate with people. He wants others to see Sikh Captain America as just AmericanIn summer 2011, Singh saw a promotional poster for “Captain America: The First Avenger” that sparked an idea. “I never fathomed that a 10-year-old White kid would connect to a turban and bearded Captain America,” Singh said. Singh’s Sikh Captain America subverted typical ideas of patriotism – instead of fighting Nazi agent Red Skull and other members of the Axis Powers, Sikh Captain America would fight hate crimes and intolerance in the US.

Persons: America, Chris Evans, Vishavjit Singh, Singh, ” Singh, Ryan Westra, Whoopi Goldberg, Indira Gandhi, Gandhi, “, ”, –, Osama bin Laden, Mark Fiore, White, Joe Simon, Jack Kirby, Red, Drew Heskett, Westra, Beard, ” “, ” Westra, they’ve, heartening, – Singh, “ Osama ” Organizations: CNN, Police, Tribeca, Sikh, Captain America, New York Comic Con, Nazi, America Locations: United States, New York, New Delhi, India, California, East Coast, Nazi Germany, America

☆ The Venice Architecture Biennale puts Africa center stage
▼ + stars: | 2023-05-30 | by ( Marianna Cerini | ) edition.cnn.com time to read: +11 min

Venice, Italy CNN —Until recently, the Venice Architecture Biennale — arguably the world’s largest architecture exhibition — has drawn crowds for its (mainly Western) star appeal. In a May 20 Facebook post titled “Venice Biennale Blues,” Zaha Hadid Architects’ principal, Patrik Schumacher, wrote that “the ‘Architecture’ Biennale is mislabeled and should stop laying claim to the title of architecture. The German pavilion, which is displaying construction waste produced by 2022’s Venice Art Biennale is a case in point. The German Pavilion at the 18th Architecture Biennale is displaying and repurposing constuction waste from the city's Art Biennale last year. The British Pavilion curators Meneesha Kellay, Joseph Henry, Jayden Ali and Sumitra Upham, with commissioner Sevra Davis, photographed in London.

☆ Adtech giant The Trade Desk strikes deal to solve one of marketers' biggest challenges in the $80 billion retail media space
▼ + stars: | 2023-05-02 | by ( Lara O'Reilly | ) www.businessinsider.com time to read: +4 min

The Trade Desk wants to take a bigger slice of the $80 billion retail media market. Adtech giant The Trade Desk has landed a partnership that aims to solve one of advertising's biggest challenges in the $80 billion retail media space: getting timely data on how their ads are driving sales across multiple retailer sites and stores. Attain, which will charge advertisers on a CPM, or cost-per-thousand-impressions basis, will offer The Trade Desk advertisers metrics including sales, return on ad spend, and conversion rates. The Trade Desk is the largest independent adtech firm, and the company's moves typically indicate where the industry is investing. The Trade Desk is set to release its latest earnings report on May 10.

☆ Canadian Olympians among 333 banned from entering Russia
▼ + stars: | 2023-04-12 | by ( ) www.reuters.com time to read: +1 min

April 12 (Reuters) - Some of Canada's best known athletes, including Olympic gold medallists Tessa Virtue and Hayley Wickenheiser, have been included on a list of 333 Canadians banned from entering Russia, the Russian Foreign Ministry said on Wednesday. Most of the athletes on the list are retired Canadian Olympians who signed a letter last month urging the Canadian Olympic Committee (COC) to support a ban of Russia and Belarus from taking part at the 2024 Paris Summer Games unless Russia withdraws from Ukraine. The sanctions are mostly symbolic, with Russia banned from hosting major sporting events and Canadian athletes having no reason to travel to the country. Others on the list barred from entering Russia include the Governor General of Canada Mary Simon and members of the Ontario, Alberta and British Columbia provincial legislatures. Reporting by Steve Keating in Toronto, editing by Ed OsmondOur Standards: The Thomson Reuters Trust Principles.

☆ Paramount takes a knock from ad slump as streaming shines
▼ + stars: | 2023-02-16 | by ( ) www.reuters.com time to read: +2 min

Shares in the media company fell about 8% before the bell. TV advertising revenue fell 7% in the three months to December, despite a lift from political advertising on the back of U.S. mid-term elections in November. The company last month said it would integrate Showtime, known for popular shows, including "Billions," "Yellowjackets" and "Dexter", with Paramount+ across platforms later this year as it prioritizes streaming services. Operating losses in the company's direct-to-consumer unit, which houses its streaming services like Paramount+ and PlutoTV, rose to $575 million from $502 million. Investors have focused on the service as the company has outlined plans to spend aggressively on content to fend off competition.

☆ News outlets raced to publish Trump’s lawsuit against Woodward. Experts say the suit ‘has no legal merit whatsoever’
▼ + stars: | 2023-01-31 | by ( Oliver Darcy | ) edition.cnn.com time to read: +5 min

Trump this week filed a $50 million lawsuit against the Pulitzer Prize-winning journalist, alleging that when Woodward published audio of their interviews in his audiobook it breached his rights by constituting copyright violations. Most legal experts CNN contacted on Tuesday quickly dismissed Trump’s lawsuit against Woodward as meritless. But instead of major outlets pausing to gather this much-needed context after Trump filed his suit against Woodward, most newsrooms simply published stories echoing his complaint. Judge Donald Middlebrooks pointed to Trump’s “pattern of misusing the courts to serve political purposes” as he took note of several other failed lawsuits Trump has brought in recent years. It is also dismaying given the larger discussion among the press over the years about not succumbing hook, line, and sinker for Trump’s stunts.

☆ She says she was fired in retaliation. Hearst Magazines says she was insubordinate. Here's how Delish's hit YouTube show 'Budget Eats' came crashing down.
▼ + stars: | 2022-12-22 | by ( Steven Perlberg | ) www.businessinsider.com time to read: +21 min

Produced by the Hearst-owned food brand Delish, "Budget Eats" was the kind of digital success story that traditional magazine giants crave. As Xie worked her day job developing recipes, "Budget Eats" was morphing from a pandemic experiment to a bonafide hit. A career recipe developer at work, the "Budget Eats" Xie doesn't even measure out ingredients. "It felt like she was afraid that putting 'Budget Eats' from her kitchen onto this cable network might dilute the honesty," Lennon-Simon said. As for "Budget Eats," Delish recently posted what is presumably the last episode.

☆ Fed Chair Powell is having a communication problem with the market
▼ + stars: | 2022-12-07 | by ( Jeff Cox | ) www.cnbc.com time to read: +6 min

No matter what Federal Reserve Chairman Jerome Powell tells market participants these days, it seems they only hear the good stuff. Two recent examples: First in July, when Powell hinted that smaller interest rate hikes could be on the way. Chair Powell is really trying to message the fact that the fed funds rate has to be restrictive to tamp down inflation. A month and a half later, Powell delivered an uncharacteristically terse speech at the Fed's annual Jackson Hole, Wyoming summit. One more chance So Powell heads into next week's Federal Open Market Committee meeting with another opportunity to set the market straight.

☆ Ron DeSantis is releasing his first autobiography, in a key sign he's exploring a White House run
▼ + stars: | 2022-11-30 | by ( Kimberly Leonard | ) www.businessinsider.com time to read: +5 min

Ron DeSantis has a book coming out on February 28. Ron DeSantis of Florida has an autobiography coming out early next year, in the surest sign yet that he's considering a presidential run. Throughout these experiences, the publisher writes of the forthcoming book, "Ron DeSantis learned the same lesson: He didn't want to be part of the leftist elite." Ron DeSantis. That book's publisher was High-Pitched Hum Publishing in Jacksonville, Florida, a cooperative publisher known as a "vanity press" in literary circles.

☆ JCPenney was once a shopping giant. Can it make a comeback?
▼ + stars: | 2022-11-27 | by ( Nathaniel Meyersohn | ) edition.cnn.com time to read: +14 min

People walk past a JCPenney store at the Queens Center Mall in New York in 2016. The Denver Post/Getty Images Shoppers hurry across an intersection in front of a JCPenney store in Denver in 1964. Anne Cusack/The Los Angeles Times/Getty Images Customers shop at a new JCPenney store in New York in 2009. Mary Altaffer/AP A customer goes down an escalator at a JCPenney store in Westminster, Colorado, in 2009. Don Emmert/AFP/Getty Images JCPenney CEO Jill Soltau speaks during an interview in Fort Worth, Texas, in 2019.

☆ Wilko Johnson, 'Game of Thrones' actor and Dr. Feelgood guitarist, dies at 75
▼ + stars: | 2022-11-23 | by ( The Associated Press | ) www.nbcnews.com time to read: +3 min

LONDON — Wilko Johnson, the guitarist with British blues-rock band Dr. Feelgood who had an unexpected career renaissance after being diagnosed with terminal cancer, has died. Born John Wilkinson in 1947, Johnson was raised on Canvey Island, a marshy, industrial oil town in England’s River Thames estuary. He studied Anglo-Saxon literature at Newcastle University and worked as a schoolteacher before forming Dr. Feelgood with other local friends. Johnson later said that if the band had been able to follow its managers’ instructions to behave, “I’m pretty sure we’d be multimillionaires. He released another album, “Blow Your Mind,” in 2018, and played gigs with his Wilko Johnson Band until last month.

☆ Cameron Crowe Had a Front-Row Seat for 1970s Rock
▼ + stars: | 2022-11-11 | by ( Alan Paul | ) www.wsj.com time to read: 1 min

Cameron Crowe was one of rock’s top journalists before he had a driver’s license, a 16-year-old traveling the country with groups like the Allman Brothers Band and writing cover stories for Rolling Stone magazine. Yet the prodigy grew up in a San Diego house where listening to rock and roll was forbidden. Mr. Crowe’s mother Alice felt so strongly about the music’s lack of redeeming value that she wrote a letter to NBC complaining about Simon and Garfunkel performing “The 59th Street Bridge Song (Feelin’ Groovy)” on “The Smothers Brothers Comedy Hour.”How did she handle her son’s immersion in a world she had tried so hard to keep him away from? “I think she got a big kick out of it,” Mr. Crowe says. “She was a teacher, and she felt that she taught me well enough to write from my heart.

Democrat Nikki Budzinski defeated Republican Regan Deering in Illinois' 13th Congressional District. Democrat Nikki Budzinski defeated Republican Regan Deering in Illinois' 13th Congressional District. Republican Rep. Rodney Davis, who currently represents the 13th District, was drawn out when the district was newly reconfigured, leaving the seat vacant. Illinois' 13th Congressional District candidatesBudzinski, who is running for Congress the first time, has previous experience in Washington. Voting history for Illinois' 13th Congressional DistrictIllinois' 13th Congressional District spans from Metro East St. Louis to parts of Springfield, Decatur, and Champaign-Urbana.

☆ Alanis Morissette explains bowing out of Rock Hall of Fame ceremony
▼ + stars: | 2022-11-08 | by ( Lisa Respers France | ) edition.cnn.com time to read: +2 min

CNN —“You Oughta Know” why Alanis Morissette didn’t perform at the Rock and Roll Hall of Fame induction ceremony over the weekend. The singer had been advertised to perform “You’re So Vain” with Olivia Rodrigo as a tribute to inductee Carly Simon. “There are some misinformed rumblings about my not performing at the Rock & Roll Hall of Fame induction ceremony this past weekend,” Morissette wrote in an Instagram story on Monday. “I tolerated it because nothing would stop me from connecting with those who I cared about and resonated with. I’ll continue to show up in those environments with bells on.”CNN has reached out to the Rock and Roll Hall of Fame for comment.

☆ Donald Trump again teases 2024 presidential bid, saying he'll make a 'big announcement' on November 15 — the same day Mike Pence's memoir is scheduled to be published
▼ + stars: | 2022-11-08 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +1 min

Donald Trump once again alluded to announcing a campaign for the White House on Monday. In an Ohio campaign rally, Trump said he'll make a "big announcement" on Nov. 15. Former Vice President Mike Pence's memoir "So Help Me God" is set to publish the same day. Trump added he has a "big announcement" planned for November 15 at Mar-a-Lago, but did not want to "detract from the importance" of tomorrow's election day. The former president has repeatedly hinted at a possible campaign announcement ahead of the midterms but has not specifically committed to running.

☆ Eminem, Dolly Parton, Lionel Richie inducted into the Rock & Roll Hall of Fame
▼ + stars: | 2022-11-06 | by ( The Associated Press | ) www.nbcnews.com time to read: +6 min

Duran Duran stumbled but stayed sophisticated. The four acts found very different ways to celebrate on Saturday night, but all can now forever say they’re Rock & Roll Hall of Famers. “Rock & Roll is not a color,” he said. “One, I know, is that I’m a rapper and this is the Rock & Roll Hall of Fame.”He’s only the 10th hip-hop artist among well over 300 members of the Hall of Fame. “I‘ve been rockin’ rockin’ rockin’ rockin’ since the day I was born,” she sang, “and I’ll be rockin’ to the day I’m gone.”She closed the night leading an all-star jam of her fellow inductees on her country classic “Jolene.” Le Bon, Benatar and even Judas Priest singer Rob Halford took a verse.

☆ Democrat Nikki Budzinski faces off against Republican Regan Deering in Illinois' 13th Congressional District election
▼ + stars: | 2022-11-02 | by ( Hanna Kang | ) www.businessinsider.com time to read: +4 min

Democrat Nikki Budzinski is running against Republican Regan Deering in Illinois' 13th Congressional District. The 13th District is located in the south-central region of the state. Republican Rep. Rodney Davis, who currently represents the 13th District, was drawn out when the district was newly reconfigured, leaving the seat vacant. Illinois' 13th Congressional District candidatesBudzinski, who is running for Congress the first time, has previous experience in Washington. Voting history for Illinois' 13th Congressional DistrictIllinois' 13th Congressional District spans from Metro East St. Louis to parts of Springfield, Decatur, and Champaign-Urbana.

☆ Joanna Simon, acclaimed singer, TV correspondent, dies at 85
▼ + stars: | 2022-10-22 | by ( The Associated Press | ) www.nbcnews.com time to read: +2 min

NEW YORK — Joanna Simon, an acclaimed mezzo-soprano, Emmy-winning TV correspondent and one of the three singing Simon sisters who include pop star Carly, has died at age 85. Simon, the eldest of four, died Wednesday, just a day before her sister Lucy died, according to Lucy’s daughter, Julie Simon. Joanna Simon, who died of thyroid cancer, rose to fame in the opera world and as a concert performer in the 1960s. “I am filled with sorrow to speak about the passing of Joanna and Lucy Simon. “I have no words to explain the feeling of suddenly being the only remaining direct offspring of Richard and Andrea Simon,” Carly Simon said.

☆ Lana Del Rey says laptop containing her new album was stolen
▼ + stars: | 2022-10-21 | by ( Marianne Garvey | ) edition.cnn.com time to read: +1 min

CNN —Lana Del Rey says she was robbed of a backpack that contained her laptop, which had her new album on it. The singer said along with the computer, multiple hard drives and a camera were also stolen. “A few months ago, I parked my car on Melrose Place — actually Melrose Ave. in Los Angeles — and I stepped away for a minute,” she said on Instagram. “I had to remotely wipe the computer that had my 200-page book for Simon and Schuster—which I didn’t have backed up on the cloud,” Del Rey said. Del Rey concluded: “Obviously I won’t ever leave anything in the car again, even if it’s just for a moment.

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