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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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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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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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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The only actor to appear in every film of the Skywalker saga reflects on his experience in the book “I Am C-3PO: The Inside Story.” Continue reading at The Washington Post
[ The Washington Post | 2019-12-20 13:00:00 UTC ]
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Theakston Old Peculier Crime Writing Festival has expanded its author exclusion clause, banning special guest authors from appearing at other crime festivals, according to crime fiction event CrimeFest. Continue reading at The Bookseller
[ The Bookseller | 2019-12-20 06:06:55 UTC ]
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In his new role as chair of the Book Industry Study Group, industry vet Andrew Savikas discusses the challenges and opportunities facing publishers in an age of rapidly evolving technology. Continue reading at Publishers Weekly
[ Publishers Weekly | 2019-12-18 05:00:00 UTC ]
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Pearson is selling its remaining 25% stake in Penguin Random House to Bertelsmann, as its c.e.o. John Fallon prepares to retire next year. Continue reading at The Bookseller
[ The Bookseller | 2019-12-18 01:20:40 UTC ]
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Backing 'the journey of a historic cultural icon' in Nairobi, the Sharjah World Book Capital program announces support for the McMillan Library restoration. The post Sharjah World Book Capital Program Backs Kenyan Library Restoration appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2019-12-17 13:10:22 UTC ]
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The unfinished illustrations in the book are themselves an act of optimism, encouraging children to imagine a world without lines others create for them. “Children teach us,” writes Ai-Jen Poo, cofounder of Families Belong Together, a coalition of close to 250 organizations working to end family... Continue reading at Fast Company
[ Fast Company | 2019-12-17 12:30:49 UTC ]
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Gregory Boyle, founder of Homeboy Industries, shared "Barking to the Choir" with the L.A. Times Book Club. Continue reading at Los Angeles Times
[ Los Angeles Times | 2019-12-17 03:46:56 UTC ]
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“Read the transcript!” both sides tweet. But why isn’t that simple instruction delivering us all to the same conclusion? Continue reading at The Washington Post
[ The Washington Post | 2019-12-12 15:28:43 UTC ]
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With over four decades of experience in the book business, publisher of St. Martin's Essentials Joel Fotinos reflects on changes and growth in mind-body-spirit publishing and where the category is headed in the future. Continue reading at Publishers Weekly
[ Publishers Weekly | 2019-12-10 05:00:00 UTC ]
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L.A. County is home to more than 30 library systems, with a growing number of patrons signing up for multiple cards to borrow digital books. But Macmillan Publishers is tightening the rules. Continue reading at Los Angeles Times
[ Los Angeles Times | 2019-12-09 13:00:55 UTC ]
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Simon & Schuster UK has acquired a "major" new biography of Prince Philip by Majesty magazine's editor-in-chief Ingrid Seward, to be published in 2020. Continue reading at The Bookseller
[ The Bookseller | 2019-12-09 05:08:38 UTC ]
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Doubleday has signed a "major" pre-emptive deal for world rights in two books from Anna Bailey with the first offers already in from France and Italy. Continue reading at The Bookseller
[ The Bookseller | 2019-12-06 15:35:31 UTC ]
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TEN Publishing will shutter 19 of its 22 automotive print magazines by the end of the year, leaving MotorTrend, Hot Rod and Four Wheeler as the only three titles that will continue to be published in a physical format in 2020. According to a memo sent to staffers at MotorTrend Group Friday... Continue reading at Folio Magazine
[ Folio Magazine | 2019-12-06 14:31:12 UTC ]
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