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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"Your House Will Pay" author Steph Cha and "Hi Five" author Joe Ide join the L.A. Times Book Club in Long Beach. Continue reading at Los Angeles Times
[ Los Angeles Times | 2020-03-02 21:46:24 UTC ]
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In this episode of Reading Women, Kendra talks with Nicole Chung about the anthology she co-edited, A Map Is Only One Story out now from Catapult. From the episode: Kendra: Today, I’m talking to Nicole Chung, the editor in chief of Catapult Magazine and also one of the co-editors of the... Continue reading at Literrary Hub
[ Literrary Hub | 2020-02-26 09:47:43 UTC ]
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The viral ELLE.com columnist just released “Here for It,” his first book of essays. Continue reading at The Washington Post
[ The Washington Post | 2020-02-24 15:35:17 UTC ]
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The viral ELLE.com columnist just released “Here for It,” his first book of essays. Continue reading at The Washington Post
[ The Washington Post | 2020-02-24 15:35:17 UTC ]
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Pearson’s 25% stake in Penguin Random House earned the company £65 million in operating profit in 2019. Pearson has sold its 25% share of PRH to Bertelsmann in a deal expected to generated net proceeds of $675 million when the transaction closes. Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-02-21 05:00:00 UTC ]
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Abrams ComicArts will release a trade paperback edition of Ted Fox's graphic nonfiction work 'Showtime at the Apollo: The Epic Tale of Harlem’s Legendary Theater,' on February 25. The book's comics artist and designer discusses his role in creating the book. Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-02-18 05:00:00 UTC ]
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As we all know, there is only one Valentine and it is every book. Luckily, Harrison Ford talking about how great libraries are is an acceptable human Valentine proxy for all books. Why—besides the fact that you can’t spell”Harrison Ford, you irascible Jedi” without “Library”—is Ford making PSAs... Continue reading at Literrary Hub
[ Literrary Hub | 2020-02-14 14:17:02 UTC ]
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BMI held its first Book Manufacturing Mastered seminar February 10–11 in New York City. Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-02-14 05:00:00 UTC ]
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Below is the text of the 2020 Clark Lecture in English Literature instituted by Trinity College, Cambridge. * Thank you for inviting me to deliver this, the Clark Lecture, now in its 152nd year. When I received the invitation, I scrolled down the list of previous speakers, the many “Sirs” and... Continue reading at Literrary Hub
[ Literrary Hub | 2020-02-12 09:49:50 UTC ]
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Each year Digiday calculates what advertisers could do with the cash they spend on Super Bowl ads if used on digital media buys instead. For this year's tally, Digiday explores alternate purchases, such as TikTok hashtag campaigns, digital out-of-home ads and use of "The Bachelor"... Continue reading at Digiday
[ Digiday | 2020-01-30 05:00:53 UTC ]
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Capital Crime has launched a digital festival to showcase crime and thriller writers and offer readers the opportunity to connect with authors. Continue reading at The Bookseller
[ The Bookseller | 2020-01-13 04:47:29 UTC ]
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In this conversation with a featured speaker, PW checks in with Jennifer Finney Boylan, who will discuss gender and resistance with Parul Sehgal, 'New York Times' book critic, on Thursday, January 23. Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-01-10 05:00:00 UTC ]
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In this conversations with featured speakers, PW checks in with Jason Reynolds and Ibram X. Kendi, who will discuss Stamped at a panel on Friday, January 24. Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-01-10 05:00:00 UTC ]
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In this conversation with a featured speaker, PW checks in with Rebecca Solnit, who will give the afternoon keynote on Wednesday, January 22. Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-01-10 05:00:00 UTC ]
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In this conversation with a featured speaker, PW checks in with W. Paul Coates, who will participate in a keynote panel entitled “Bookselling and Liberation: Black Bookstores in America, from the ’60s to the Present” on Friday, January 24. Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-01-10 05:00:00 UTC ]
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Headline is going big on its marketing and PR campaign to launch American Dirt in the UK, with widespread review coverage and "major statement advertising" in the UK and Ireland. Continue reading at The Bookseller
[ The Bookseller | 2020-01-07 16:08:36 UTC ]
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Yes, much of it looks at how we will survive the apocalypse. But we also have the more hopeful genre of solarpunk Continue reading at The Washington Post
[ The Washington Post | 2020-01-06 23:50:02 UTC ]
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Mary Webber O'Malley of Anderson's Bookshop in Naperville, Ill., recommends 'The Roxy Letters' by Mary Pauline Lowry. Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-01-06 05:00:00 UTC ]
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In a December 18 letter, lawyers for Barnes & Noble informed the court that the parties “are now prepared to proceed with a settlement conference,” which is scheduled for January 27 before magistrate judge Gabriel Gorenstein. Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-01-01 05:00:00 UTC ]
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Harrogate International Festivals has stood by its author exclusion clause, saying the exclusivity option only applies to 5% of its authors. Continue reading at The Bookseller
[ The Bookseller | 2019-12-23 01:32:38 UTC ]
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