Cheil Buying Stake in U.K.'s Iris Worldwide in Bid to Challenge Big Networks

South Korean ad company Cheil Worldwide has reached a deal to buy a stake in Iris Worldwide, a London-based international agency network that works with clients including Samsung, Reckitt Benckiser, Shell, Adidas, Barclaycard, Domino's and Diageo.The companies declined to disclose terms of the deal, even broad parameters such as whether Cheil is buying a majority stake in Iris now or something smaller. But Cheil is making "a significant initial investment" that "will potentially rise to 100% of the business over the next five years," the company said in a statement.As part of the deal, U.S. publisher Meredith Corp. is relinquishing the minority stake in Iris it acquired in 2011. Continue reading at AdAge.com Continue reading at 'Advertising Age'

[ Advertising Age | 2014-11-25 00:00:00 UTC ]
News tagged with: #majority stake #minority stake #companies declined #disclose terms

Other Publishing stories related to: 'Cheil Buying Stake in U.K.'s Iris Worldwide in Bid to Challenge Big Networks'


Cheil Buying Stake in U.K.'s Iris Worldwide in Bid to Challenge Big Networks

South Korean ad company Cheil Worldwide has reached a deal to buy a stake in Iris Worldwide, a London-based international agency network that works with clients including Samsung, Reckitt Benckiser, Shell, Adidas, Barclaycard, Domino's and Diageo.The companies declined to disclose terms of the... Continue reading at Advertising Age

[ Advertising Age | 2014-11-25 00:00:00 UTC ]
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DOJ v. PRH: Challenges over Bid Competition, Market Share

As testimony wrapped up prior to closing arguments today, the defense and DOJ once again attacked each other's data analysis and methodology. The DOJ asserted that publisher competition, not imprint competition, is the surest way to lift advances, and that non-Big Five publishers face... Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-08-19 04:00:00 UTC ]
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Penguin Random House’s C.E.O. Defends Bid to Buy Simon & Schuster

Madeline McIntosh argued that the publishing industry extends far beyond its biggest players, and that the government has focused on a tiny sliver of deals. Continue reading at The New York Times

[ The New York Times | 2022-08-15 22:30:20 UTC ]
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Networks Ask Nielsen to Delay ‘Big Data’ Releases Until After Upfronts

The networks are once again publicly taking Nielsen to task for what they allege is flawed data from the measurement company. This time, the Video Advertising Bureau is asking the Nielsen to delay its new "big data" monthly impact releases--set-top box and smart television viewership metrics... Continue reading at AdWeek

[ AdWeek | 2022-03-08 22:58:31 UTC ]
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Bertelsmann buys £430m stake in Afya

Bertelsmann is expanding its footprint in Brazil’s fast-growing education market, buying a major stake in medical company Afya.   Continue reading at The Bookseller

[ The Bookseller | 2021-06-08 11:31:52 UTC ]
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Calibre Audiobook Charity Joins the UK’s Big Give Holiday Challenge

The Calibre Audio charity for readers who have print disabilities is hoping to add 48 new audiobooks to its library this holiday season. The post Calibre Audiobook Charity Joins the UK’s Big Give Holiday Challenge appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2020-12-02 20:32:53 UTC ]
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Bonnier buys majority stake in Norway's Strawberry Publishing

Bonnier Books has acquired a majority stake in Norwegian publishing group Strawberry Publishing AS. Continue reading at The Bookseller

[ The Bookseller | 2020-11-19 01:57:40 UTC ]
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Presidential Memoirs Are Big Business. Will Anyone Buy Trump's?

Insiders say a book by President Donald Trump could be a tempting proposition for major publishers—but it may not be worth the cost. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-11-13 05:00:00 UTC ]
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Vivendi buys stake in Lagardere

Vivendi, parent company of French publisher Editis, has acquired 10.6% of Lagardère. Continue reading at The Bookseller

[ The Bookseller | 2020-04-23 10:26:48 UTC ]
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Tricycle Talent buys minority stake in RML

Talent management collective Tricycle Talent has acquired a minority stake in Rachel Mills Literary (RML).  Continue reading at The Bookseller

[ The Bookseller | 2019-05-27 22:53:46 UTC ]
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PRH buys 45% stake in Sourcebooks

Sourcebooks has sold a 45% ownership stake to Penguin Random House to enable the American independent publisher to take a “broader and deeper approach to domestic and global markets”. Continue reading at The Bookseller

[ The Bookseller | 2019-05-24 02:11:56 UTC ]
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Enthuse buys 51% stake in AA Media Ltd

Enthuse Group, a specialist international publishing firm, has announced the acquisition of a 51% stake in AA Media Ltd. Continue reading at The Bookseller

[ The Bookseller | 2019-04-02 00:00:00 UTC ]
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Facebook Audience Network Joined Google’s Open Bidding Program

Publishers using mobile ad network Facebook Audience Network now have another bidding option: the Open Bidding program from Google. The social network wrote in a blog post announcing the move, "Publishers are increasingly using unified auctions to maximize their advertising revenue. Bidding, as... Continue reading at AdWeek

[ AdWeek | 2018-12-15 00:00:00 UTC ]
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Ingram In Rumored Bid to Buy B&T Retail Arm

The Ingram Content Group has made a tentative offer to buy the retail wholesaling operation of Baker & Taylor, and the Federal Trade Commission has launched what it is calling a “very preliminary investigation” of the proposed deal, sources told PW. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-12-04 00:00:00 UTC ]
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PRH buys majority stake in Companhia das Letras

Penguin Random House has acquired majority ownership of Brazilian publishing house Companhia das Letras, in which it first acquired a 45% stake in 2012. Continue reading at The Bookseller

[ The Bookseller | 2018-11-01 00:00:00 UTC ]
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Facebook Audience Network Added Auction Bidding for In-App Ads

Brands can now bid in auctions for in-application advertising on Facebook Audience Network. The social network opened up header bidding via Facebook Audience Network last March, and head of publisher solutions partnerships Vijay Balan said in a blog post that publishers have seen "significant... Continue reading at AdWeek

[ AdWeek | 2018-06-07 00:00:00 UTC ]
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The Whisper Network finds its voice in slew of big-money deals

Sphere fiction publisher Catherine Burke has pre-empted The Whisper Network in a major deal, just 24 hours after submission. Continue reading at The Bookseller

[ The Bookseller | 2018-04-11 00:00:00 UTC ]
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Kew buys stake in Awesome Media

Independent content company Kew Media Group is to acquire a stake in author Jeff Norton’s London-based Awesome Media & Entertainment company. Continue reading at The Bookseller

[ The Bookseller | 2017-10-17 00:00:00 UTC ]
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Amazon Buy Buttons Among Big Topics at BISG Meeting

The Book Industry Study Group devoted a large portion of its annual meeting held Monday to supply chain issues, with the relatively new phenomenon of third party resellers on Amazon being able to win buy buttons an issue panelists expressed particular concern about. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-09-26 00:00:00 UTC ]
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Laurene Powell Jobs Buys Majority Stake in the Atlantic

Laurene Powell Jobs's Emerson Collective has agreed to acquire a majority stake in the Atlantic, the iconic political and cultural magazine that has also become a force in digital publishing.Powell Jobs, the 53-year-old widow of Apple co-founder Steve Jobs, is buying the stake from Atlantic... Continue reading at Advertising Age

[ Advertising Age | 2017-07-28 00:00:00 UTC ]
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