WPP in exclusive talks with Bain Capital for purchase of majority stake in Kantar

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 ]
News tagged with: #final round #holding companies #principal analyst #minority stake #market research #nielsen

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We Need to Talk About Audible

Bestselling author Cory Doctorow on his crowdfunded effort to tip the scales against Audible's DRM-enforced market dominance. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-09-18 04:00:00 UTC ]
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'Major' literary debut The Hollow Sea to Michael Joseph

Michael Joseph has acquired The Hollow Sea by Annie Kirby, a literary debut about grief, recovery, and identity, set to be a lead hardback for 2022. Continue reading at The Bookseller

[ The Bookseller | 2020-09-17 11:44:41 UTC ]
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Sharjah World Book Capital Leads Beirut Library Restoration Aid

As Beirut struggles to move forward, the Sheikha Bodour Al Qasimi and Sharjah's World Book Capital program step in to help libraries. The post Sharjah World Book Capital Leads Beirut Library Restoration Aid appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2020-09-14 18:40:21 UTC ]
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'It's a mega year!': book trade braces for autumn onslaught of major new titles

After the lockdown, hundreds of delayed titles are expected this autumn including many household names vying for Christmas successFrom Richard Osman’s first crime novel to Caitlin Moran’s new memoir, almost 600 hardbacks are due to be published on 3 September in a “massive bun fight” of new... Continue reading at The Guardian

[ The Guardian | 2020-08-13 06:00:47 UTC ]
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Capital Crime launches Book Club subscription service

Capital Crime is launching a monthly subscription service, providing two curated paperbacks alongside exclusive author content and access to community activities. Continue reading at The Bookseller

[ The Bookseller | 2020-07-28 02:25:45 UTC ]
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Talking “Breasts and Eggs” with Japan’s Rising Literary Star, Mieko Kawakami

Mieko Kawakami, whose poignant and pointed debut novel Breasts and Eggs is this season’s LARB’s Book Club selection, joins Medaya Ocher and Boris Dralyuk to discuss her career as a musician, poet, blogger, and author, the challenges facing women around the world, the state of Japanese... Continue reading at Los Angeles Review of Books

[ Los Angeles Review of Books | 2020-07-24 17:23:00 UTC ]
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Anxious Authority: PW Talks with Jeremy Leon Hance

In ‘Baggage’ (HCI, Oct.), environmental journalist Hance conveys what it’s like to travel with severe anxiety and OCD. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-07-24 04:00:00 UTC ]
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Grupo Planeta in Exclusive Deal With Subscription Service Scribd for México

Adding some 1,000 titles to its catalogue, the Planeta books bring Scribd's Spanish-language offer to more than 85,000 titles. The post Grupo Planeta in Exclusive Deal With Subscription Service Scribd for México appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2020-07-23 13:00:31 UTC ]
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Editorial Planeta México in Exclusive Deal With Subscription Service Scribd

Adding some 1,000 titles to its catalogue, the Planeta books bring Scribd's Spanish-language offer to more than 85,000 titles. The post Editorial Planeta México in Exclusive Deal With Subscription Service Scribd appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2020-07-23 13:00:31 UTC ]
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MJ scoops 'major' fiction debut The Butterfly Waltz

Michael Joseph has acquired The Butterfly Waltz and one other title by debut author Julie Owen Moylan at auction. Continue reading at The Bookseller

[ The Bookseller | 2020-07-22 18:32:25 UTC ]
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Nielsen Book to restate sales numbers for Dawson title after bulk purchase

Nielsen Book has said it is restating Mark Dawson's sales figures, after the author admitted to making a bulk purchase of his own book The Cleaner to secure his status as a "top 10 bestseller". Continue reading at The Bookseller

[ The Bookseller | 2020-07-22 11:24:27 UTC ]
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S4 Capital Hopes to Raise $126 Million to Further Expand Through Mergers

Martin Sorrell's S4 Capital proposed a new share offering today in hopes of raising $126 million (or 100 million euros) to further its expansion through mergers and acquisitions. The disclosure was made as part of S4 Capital's latest trading update where the company, which houses digital media... Continue reading at AdWeek

[ AdWeek | 2020-07-15 20:58:21 UTC ]
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Fantasy, Power, and Magic: PW Talks with V.E. Schwab.

‘PW’ Talks with bestselling fantasy novelist V.E. Schwab about 'The Rebel Army', the final volume in her graphic novel trilogy 'Shades of Magic: The Steel Prince', which was published July 8. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-07-15 04:00:00 UTC ]
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Nielsen’s Surprise National OOH Measurement Delay Throws Another Wrench Into Upfront Talks

During the ongoing round of upfront talks, media companies were seemingly operating from a defensive position amid economic uncertainty due to Covid-19 and linear ratings continuing to decline--but thought they had an ace up their sleeve. Nielsen had planned to integrate its out-of-home viewing... Continue reading at AdWeek

[ AdWeek | 2020-07-10 15:04:30 UTC ]
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Scholastic CEO talks civil unrest, pandemic

When the pandemic shut down U.S. schools nationwide in March, Scholastic Corp. immediately offered a free online learning hub for millions families with kids Continue reading at ABC News

[ ABC News | 2020-07-05 14:03:09 UTC ]
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We need to talk about productivity

Houseplants make workers 40% more productive! Paint your workspace yellow to be more productive! Take a cold shower! 4 a.m. is the most productive time to work! Continue reading at The Bookseller

[ The Bookseller | 2020-07-01 13:33:52 UTC ]
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PW Talks with Spike Trotman

Founded by artist and writer Spike Trotman in 2007, Iron Circus Comics is a small indie graphic novel publishing house based in Chicago. PW talked with Trotman about how she is dealing with publishing during the Covid-19 pandemic. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-06-26 04:00:00 UTC ]
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Publishing must 'radically reimagine' its audience, major diversity study says

The UK's first academic study on diversity in trade publishing and fiction has called for the industry to “radically reimagine” its audience and value readers outside the white middle classes. Continue reading at The Bookseller

[ The Bookseller | 2020-06-22 22:54:17 UTC ]
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Diversity: Macmillan USA Makes Major Changes in Management Approach

To make the company ' more representative of the world around us,' CEO John Sargent writes, Macmillan USA is establishing a new management committee. The post Diversity: Macmillan USA Makes Major Changes in Management Approach appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2020-06-22 20:55:22 UTC ]
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Faber and Profile Books are to publish two new Alan Bennett "Talking Heads" monologues, to be published together under the title Two Besides.  Continue reading at The Bookseller

[ The Bookseller | 2020-06-22 11:52:59 UTC ]
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