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: #advent international #final round #holding companies #principal analyst #minority stake #market research #nielsen

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Cover Reveal for BODY TALK: 37 VOICES EXPLORE OUR RADICAL ANATOMY

Why BODY TALK is more relevant than ever: a look a the cover and description of BODY TALK, the third anthology edited by Kelly Jensen. Continue reading at Book Riot

[ Book Riot | 2020-04-06 10:33:57 UTC ]
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New Appetites: PW talks with Molly Wizenberg

In ‘The Fixed Stars’ (Abrams), Wizenberg, who first gained prominence as the food blogger behind ‘Orangette,’ charts new territory, professionally and personally. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-04-03 04:00:00 UTC ]
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Live: Publishers postpone major titles until pandemic is over

In light of the coronavirus outbreak and the government's advice regarding social distancing, many publications are being postponed until the new year, to prevent authors missing out on crucial face-to-face promotion.  Continue reading at The Bookseller

[ The Bookseller | 2020-04-03 00:23:37 UTC ]
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‘Everyone feels the pain’: Major digital publishers enact pay and benefits cuts to stanch the bleeding

Several publishers have begun announcing their pay cuts and furlough plans as ad revenue continues drying up. Seeing patterns from previous recessions, former media execs explain why these cost controls are only temporary fixes. The post ‘Everyone feels the pain’: Major digital publishers enact... Continue reading at Digiday

[ Digiday | 2020-03-31 04:01:00 UTC ]
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Audible acquires audio-exclusive title on animal behaviour

Audible is to publish audio exclusive title, Animal Societies: How Co-Operation Conquered the Natural World, by Professor Ashley Ward. Continue reading at The Bookseller

[ The Bookseller | 2020-03-27 12:27:09 UTC ]
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Informa bosses to take major salary cuts during coronavirus period

At Informa, parent company of Taylor & Francis, top bosses are to take salary cuts "through the current period of uncertainty created by Covid-19", the company has announced. Continue reading at The Bookseller

[ The Bookseller | 2020-03-27 06:47:25 UTC ]
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Gratitude as a Way of Life: PW Talks with Galen Guengerich

Guengerich, a senior minister at New York City’s Unitarian Church of All Souls, sets out to create a modern template for spirituality based on gratitude in 'The Way of Gratitude: A New Spirituality for Today' (Random House, June). Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-03-20 04:00:00 UTC ]
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Covid-19 forces widespread bookshop closures as major publishers go remote

The impact of the coronavirus has seen the Booksellers Association issue a rallying cry to the trade, as many publishers enforce home working to safeguard staff. Continue reading at The Bookseller

[ The Bookseller | 2020-03-19 23:39:55 UTC ]
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Bookshop.org to share 30 percent of each purchase with bookstores impacted by coronavirus shutdowns.

Bookshop.org, an alternative to Amazon that shares proceeds from book sales with independent bookstores, will give more money to those stores in response to the coronavirus pandemic and its impact on small businesses. Bookshop announced today that it would increase bookstore partners’ affiliate... Continue reading at Literrary Hub

[ Literrary Hub | 2020-03-18 15:09:12 UTC ]
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Major Indie Bookstores Lay Off Hundreds

Three prominent bookstores, McNally Jackson in New York City, Powell's Books in Portland, Ore., and Busboys and Poets in Washington, D.C., have together laid off more than 600 employees as a result of the coronavirus crisis. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-03-17 04:00:00 UTC ]
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Major Indie Bookstores Lay Off Hundreds

Three prominent bookstores, McNally Jackson in New York City, Powell's Books in Portland, Ore., and Busboys and Poets in Washington, D.C., have together laid off more than 600 employees as a result of the coronavirus crisis. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-03-17 04:00:00 UTC ]
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The Second Coming of ‘Second Coming’: PW Talks with Mark Russell

PW talks to comics writer Mark Russell about his controversial graphic novel 'Second Coming' (with art by Richard Pace), the story of Jesus Christ returning to earth, this time with Earth's mightiest superhero as his roommate. The trade paperback collection was published this month by Ahoy Comics. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-03-17 04:00:00 UTC ]
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Black Girl Genius: Talking with Devin Grayson and Alitha Martinez

The creators of Humanoids’ new graphic novel ‘Omni: The Doctor Is In’, a hybrid medical mystery/paranormal thriller, talk with PW about creating a contemporary black female genius superhero. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-03-17 04:00:00 UTC ]
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Coronavirus: Sharjah’s World Book Capital Ceremony, Tech Forum, and More

Today, our listing of changes to plans amid the COVID-19 emergency features news from the UAE, Canada, the UK, France, and the United States. The post Coronavirus: Sharjah’s World Book Capital Ceremony, Tech Forum, and More appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2020-03-16 14:12:55 UTC ]
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Wildfire cuts 'major' world rights deal for The Persians

Wildfire has acquired an authoratative and accessible narrative history, The Persians, by Lloyd Llewellyn-Jones in a "major" deal.  Continue reading at The Bookseller

[ The Bookseller | 2020-03-13 12:24:56 UTC ]
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Great Expectations: PW Talks with Pippa Park

We sat down for a one-on-one chat with Pippa Park, the heroine of Erin Yun's debut middle-grade novel, Pippa Park Raises Her Game. (Sponsored) Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-03-13 04:00:00 UTC ]
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Breathing New Life into Old Books: PW Talks with 'The Booksellers' Director D.W. Young

We spoke to the director of a new documentary on the world of antiquarian bookselling about how the movie came about, what the future of the rare book world looks like to him, and more. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-03-12 04:00:00 UTC ]
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The Rise of AI-Capitalism: An Interview with Nick Dyer-Witheford

LAST MONTH MARKED 20 years since the publication of a strange, prescient book called Cyber-Marx — a steampunky title which betrays the rigor of its analysis. By historicizing the technologically juiced metabolism of turn-of-the-century capitalism, Nick Dyer-Witheford sought to revivify Karl Marx... Continue reading at Los Angeles Review of Books

[ Los Angeles Review of Books | 2020-03-11 17:00:22 UTC ]
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London Book Fair cancelled as major publishers pull out over coronavirus fears

London Book Fair has been cancelled in the wake of the coronavirus outbreak, hours after major publishers said they would not attend. Continue reading at The Bookseller

[ The Bookseller | 2020-03-04 06:57:39 UTC ]
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The End of Fante Bukowski: PW talks with Noah Van Sciver

Cartoonist Noah Van Sciver and Fantagraphics have teamed up to publish 'The Complete Works of Fante Bukowski', a hardcover compilation, and tongue-in-cheek tribute, to the self-proclaimed literary genius. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-03-03 05:00:00 UTC ]
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