WPP confirmed on Monday it is in exclusive talks with Bain Capital to sell its majority stake in Kantar to the Boston-based private-equity firm, following "press speculation." The potential deal values the data, insights and consulting giant at $4 billion, according to WPP's statement that confirmed an earlier Bloomberg report. "Bain Capital's proposal is subject to negotiation," the statement read. "There is no certainty that these discussions will result in a transaction involving Kantar. Any further announcement will be made as appropriate." WPP declined to comment further. Kantar and Bain Capital did not immediately return requests for comment. R3 co-founder and principal Greg Paull told Ad Age that the deal would make sense. "This would be a logical move for [Bain Capital] to expand their insights base and connect into some of their other assets," Paull said. "The sector is buoyant right now with Nielsen also looking at strategic options." Media research firm Nielsen began a strategic review of its business last year, employing financial advisors J.P. Morgan Securities and Guggenheim Securities to assess, among other options, a sale of the company. CNBC reported in April that Advent International and Apollo Global Management were among the bidders for Nielsen. Apollo reportedly was also competing against Bain Capital in the final round of the auction for Kantar. CVC Capital Partners and Apax Partners were said to be early bidders for Kantar as well, but... Continue reading at 'Advertising Age'
[ Advertising Age | 2019-07-01 20:08:21 UTC ]
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The private equity firm Atlas Holdings has completed its purchase of LSC Communications, the country's largest book printer, which filed for bankruptcy in April. Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-12-07 05:00:00 UTC ]
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The real-life inspiration for Steve McQueen’s “Red, White and Blue” documents his career in law enforcement in “Closing Ranks: My Life as a Cop.” Continue reading at The Washington Post
[ The Washington Post | 2020-12-04 13:00:00 UTC ]
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The potential deal would be a breakthrough moment in the library e-book market as Amazon currently does not make its digital content available to libraries. It would also be a major coup for the Digital Public Library of America's upstart e-book platform and its SimplyE library reading app. Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-12-04 05:00:00 UTC ]
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In her day job, Megha Majumdar publishes other authors' books. And now, her debut novel, 'A Burning' (Knopf) is a finalist for the American Library Association's prestigious Carnegie Medal for Excellence in Fiction. PW caught up with Majumdar to talk about how she balances editing and writing,... Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-12-04 05:00:00 UTC ]
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Interviews Photo of Lilliam Rivera by Lilith Ferreira / Las Fotos Project Lilliam Rivera is an award-winning author of children’s books who currently resides in Los Angeles, California. Rivera’s work has appeared in the New York Times,... Continue reading at World Literature Today
[ World Literature Today | 2020-12-02 22:19:21 UTC ]
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Interviews Photo of Lilliam Rivera by Lilith Ferreira / Las Fotos Project Lilliam Rivera is an award-winning author of children’s books who currently resides in Los Angeles, California. Rivera’s work has appeared in the New York Times,... Continue reading at World Literature Today
[ World Literature Today | 2020-12-02 22:19:21 UTC ]
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BookExpo, the largest bookseller trade show in the U.S., and its consumer-facing sibling BookCon have been indefinitely canceled because of the pandemic. Continue reading at Los Angeles Times
[ Los Angeles Times | 2020-12-01 20:30:11 UTC ]
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Bloomsbury has launched its marketing and publicity campaign for Zakiya Dalila Harris' publishing-set novel, The Other Black Girl, with a proof going exclusively to industry professionals. Continue reading at The Bookseller
[ The Bookseller | 2020-12-01 04:30:21 UTC ]
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On a special episode of the podcast, taped live, editors from The New York Times Book Review discuss this year’s outstanding fiction and nonfiction. Continue reading at The New York Times
[ The New York Times | 2020-11-27 16:44:05 UTC ]
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Alison Hennessey, publishing director of Bloomsbury Publishing's Raven Books, has sealed a two-book deal after a "passionately fought" auction for The Leviathan and The Puzzle Wood by debut author Helen-Rose (Rosie) Andrews. Continue reading at The Bookseller
[ The Bookseller | 2020-11-26 12:42:55 UTC ]
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ViacomCBS has announced plans to sell Simon & Schuster to publishing giant Penguin Random House LLC for a whopping $2.18 billion next year. Continue reading at Los Angeles Times
[ Los Angeles Times | 2020-11-25 21:02:17 UTC ]
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Last week, Douglas Stuart’s Shuggie Bain was announced this year’s Booker Prize winner. It’s no small feat for any writer, but what makes this win so spectacular is the fact that Shuggie Bain is a debut novel. (It’s only the fifth debut novel to win in the Booker’s 51-year-old history.) During... Continue reading at Literrary Hub
[ Literrary Hub | 2020-11-24 09:51:08 UTC ]
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Transworld has pre-empted Pathogenesis, a "major new history of humankind" by Jonathan Kennedy, senior lecturer and director of the MSc global public health programmes at Barts and the London Medical School. Continue reading at The Bookseller
[ The Bookseller | 2020-11-23 20:14:01 UTC ]
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One of four debut novelists among the six writers shortlisted this year, Stuart wins for 'Shuggie Bain,' also a National Book Award finalist. The post Douglas Stuart Wins the 2020 Booker Prize for ‘Shuggie Bain’ appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2020-11-19 20:23:21 UTC ]
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'Shuggie Bain' by novelist Douglas Stuart has won the 2020 Booker Prize, making it only the second book by a Scottish writer to win the prize in the Booker's 51-year history. Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-11-19 05:00:00 UTC ]
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As much as 10% of the content that some news publishers produce is now available only to paying readers. The post ‘Reestablishing our journalistic value’: Publishers make more of their exclusive subscriber content appeared first on Digiday. Continue reading at Digiday
[ Digiday | 2020-11-17 05:01:17 UTC ]
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Douglas Stuart's Booker-shortlisted novel Shuggie Bain (Picador) has been named Waterstones Scottish Book of the Year 2020. Continue reading at The Bookseller
[ The Bookseller | 2020-11-16 08:27:33 UTC ]
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For several years, networks and marketers alike have been trying to scale addressable advertising on linear TV, making only minimal progress. Now, Nielsen is about to supercharge those efforts in one of the company's biggest moves in a decade. Nielsen is adding addressable ad measurement to its... Continue reading at AdWeek
[ AdWeek | 2020-11-10 14:00:00 UTC ]
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Krauss’s four previous novels proved she’s a writer’s writer; her new story collection cements her reputation. Continue reading at The Washington Post
[ The Washington Post | 2020-11-05 14:31:07 UTC ]
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Italy's bookstores are allowed to operate amid COVID-19 restrictions, and Guadalajara becomes UNESCO's World Book Capital for 2022. The post Industry Notes: Italian Bookstores Stay Open, Guadalajara Named World Book Capital appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2020-11-04 20:25:38 UTC ]
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