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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As the Harry Potter play officially opens in San Francisco on Sunday, the production continues to sidestep a deeper discussion about casting. Continue reading at Los Angeles Times
[ Los Angeles Times | 2019-12-01 23:54:38 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 | 2019-11-26 16:47:15 UTC ]
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US publishers are still fighting to see books produced in China excluded from tariffs, even as a new tariff affecting books is expected to come into force on 15th December. Continue reading at The Bookseller
[ The Bookseller | 2019-11-26 14:22:15 UTC ]
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American YA author Tomi Adeyemi talks to us about the follow-up to her bestselling fantasy début, Children of Virtue and Vengeance, and shares an exclusive extract from the book. Continue reading at The Bookseller
[ The Bookseller | 2019-11-22 14:36:14 UTC ]
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Virago Modern Classics is publishing two novels by Ann Petry next year, The Street and The Narrows, in a bid to spark "a major reappraisal" of the author's work. Continue reading at The Bookseller
[ The Bookseller | 2019-11-22 08:24:55 UTC ]
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Elton John was greeted by a standing ovation last night as the legendary singer took to the stage to discuss his life in the spotlight. Continue reading at The Bookseller
[ The Bookseller | 2019-11-19 16:03:01 UTC ]
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For the third time since October, the parties have asked the court to hold off ruling on two pending motions while talks continue. Continue reading at Publishers Weekly
[ Publishers Weekly | 2019-11-15 05:00:00 UTC ]
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Check out an exclusive excerpt of Mayra Cuevas' #ownvoices YA novel SALTY, BITTER, SWEET! Continue reading at Book Riot
[ Book Riot | 2019-11-14 11:34:19 UTC ]
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On the sidelines of the just-closed 2019 Sharjah International Book Fair, the IPA and Emirates announce a new partnership for travel in coming events. The post Emirates Airline Becomes IPA’s Exclusive Carrier in New Sponsorship appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2019-11-11 22:01:26 UTC ]
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The justice and Jeffrey Rosen explore the Supreme Court’s role, its future — and her own. Continue reading at The Washington Post
[ The Washington Post | 2019-11-08 13:52:56 UTC ]
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An awesome daily roundup of the most interesting bookish links from around the web. Continue reading at Book Riot
[ Book Riot | 2019-11-03 11:30:57 UTC ]
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Day two of the Folio: Show opened with another panel of industry veterans sharing insights on leveraging content for revenue, moderated by Christa Carone, president of Group Nine Media. Eric Schurenberg, CEO of Mansueto Ventures, the parent company of Inc. and Fast Company, shared intel on how... Continue reading at Folio Magazine
[ Folio Magazine | 2019-10-31 21:34:33 UTC ]
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Welcome to Ad Age’s Wake-Up Call, our daily roundup of advertising, marketing, media and digital news. If you're reading this online or in a forwarded email, here's the link to sign up for our Wake-Up Call newsletters. You can get an audio version of this briefing on your Alexa device; sign up... Continue reading at Advertising Age
[ Advertising Age | 2019-10-25 10:25:54 UTC ]
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Comedian Samantha Baines talks to us about her first book for children, Harriet Versus The Galaxy, which features a young female protagonist whose hearing aid has very special capabilities. Continue reading at The Bookseller
[ The Bookseller | 2019-10-22 23:36:48 UTC ]
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In today’s information-rich, mobile-centric world, people are more distracted than ever. Marketers used to be able to rely on TV ads or billboards to get in front of consumers. Now they must think mobile-first. Earlier this year, we hit a remarkable milestone: According to eMarketer, Americans... Continue reading at Advertising Age
[ Advertising Age | 2019-10-22 15:19:20 UTC ]
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Capital Crime will return to London for a second year following the success of the 2019 festival. Continue reading at The Bookseller
[ The Bookseller | 2019-10-22 12:48:12 UTC ]
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Amid what Amazon Publishing's Mikyla Bruder describes as 'the unconscious bias you're confronted with every day,' panelists call for equal pay for women. The post Publishing Perspectives Talks: Executive Women on Pay and Bias in the Book Business appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2019-10-18 04:27:59 UTC ]
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Faber has won rights to a history of world music, from legendary music producer Joe Boyd, which has been 12 years in the making. Continue reading at The Bookseller
[ The Bookseller | 2019-10-17 21:35:08 UTC ]
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The King County (WA) Library System, the nation's top digital-circulating library, has said it will stop buying new release Macmillan e-books once a two-month embargo begins next month. Continue reading at Publishers Weekly
[ Publishers Weekly | 2019-10-15 04:00:00 UTC ]
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