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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Philip Morris International, the maker of Marlboro cigarettes in overseas markets, is in talks to reunite with Altria Group more than 10 years after the tobacco giants split their operations. The deal would be the biggest since AT&T Inc. bid for Time Warner in 2016. Philip Morris had a... Continue reading at Advertising Age
[ Advertising Age | 2019-08-27 18:36:32 UTC ]
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Sharon Robinson, whose new memoir looks at her family’s activism, has some advice for kids — and parents. Continue reading at The Washington Post
[ The Washington Post | 2019-08-27 11:00:00 UTC ]
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A deep dive on paywalls... Harvard University's Shorenstein Center on Media, Politics and Public Policy and the Lenfest Institute for Journalism released a detailed white paper on Tuesday summarizing the findings of a study evaluating the performance of digital subscriptions at over 500... Continue reading at Folio Magazine
[ Folio Magazine | 2019-08-14 19:11:32 UTC ]
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WPP reports its second-quarter earnings on Friday,with some better-than-expected surprises. The company sees its revenue return to growth, up 1.6 percent in the first half of the year and 2.3 percent in the second quarter. In North America, revenue rises 0.4 percent in the second quarter but... Continue reading at Advertising Age
[ Advertising Age | 2019-08-09 19:31:00 UTC ]
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Sarah Broom’s first book tells the story of a shotgun house in New Orleans and its fate before and after Hurricane Katrina. Continue reading at The New York Times
[ The New York Times | 2019-08-05 16:56:35 UTC ]
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PW caught up with Spanish wellness expert Corbera to discuss his latest book, 'Encuentros con mi alma' ('Encounters with my soul'). The book is published by Grano de Mostaza and distributed in the U.S. by Spanish Publishers. Continue reading at Publishers Weekly
[ Publishers Weekly | 2019-08-02 04:00:00 UTC ]
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A San Diego Comic-Con attendee meets George Takei and discusses the impact he and his graphic memoir had on this reader's outlook and activism. Continue reading at Book Riot
[ Book Riot | 2019-07-31 10:39:38 UTC ]
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Tami Simon, who grew a personal collection of audio recordings into Sounds True Publishing, discusses her career, humanity’s endless search for answers, and the changing needs of readers looking for spiritual wisdom. Continue reading at Publishers Weekly
[ Publishers Weekly | 2019-07-23 04:00:00 UTC ]
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More than 125 firefighters are tackling a blaze at an east London shopping centre, which includes the Walthamstow branch of Waterstones, as police declare a major incident. Continue reading at The Bookseller
[ The Bookseller | 2019-07-21 15:42:51 UTC ]
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The Pulitzer Prize winner discusses his new novel, and Jon Gertner talks about “The Ice at the End of the World.” Continue reading at The New York Times
[ The New York Times | 2019-07-19 19:27:58 UTC ]
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HarperCollins' Brian Murray says the new deal with Sony Pictures Entertainment responds to today's changes in 'the business of storytelling.' The post HarperCollins and Sony Pictures Entertainment in Major Elizabeth Gabler Partnership appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2019-07-15 20:00:26 UTC ]
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The city's newest book festival, to be held at the Hauser & Wirth Los Angeles arts complex, will host four panels on July 20 and 21 as part of its programming, which will also include more than 20 exhibitors from L.A. and other cities on the West Coast. Continue reading at Los Angeles Times
[ Los Angeles Times | 2019-07-15 19:02:44 UTC ]
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Sophie Cameron chats about LAST BUS TO EVERLAND, her new YA novel featuring magical realism and LGBTQ heroes, set in Scotland. Continue reading at Book Riot
[ Book Riot | 2019-07-15 10:31:25 UTC ]
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Late last week, Judge Charles R. Nagle denied Quad’s motions for an expedited trial in the Department of Justice’s lawsuit aimed at blocking Quad’s purchase of LSC Communications. The trial is set for November 14. Continue reading at Publishers Weekly
[ Publishers Weekly | 2019-07-15 04:00:00 UTC ]
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It’s a timely moment for the “Stark Trek” alum to look back at his early years behind barbed wire during World War II. Continue reading at The Washington Post
[ The Washington Post | 2019-07-12 12:00:00 UTC ]
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Netflix International Originals will be centerstage in the Frankfurt Pavilion when the division's vice-president Kelly Luegenbiehl speaks. The post Frankfurter Buchmesse Names Netflix’s Kelly Luegenbiehl for CEO Talk appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2019-07-09 12:25:50 UTC ]
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Try these titles to spark conversation about sadness, identity and other challenging issues Continue reading at The Washington Post
[ The Washington Post | 2019-07-08 13:00:00 UTC ]
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Former prime minister David Cameron will “talk candidly” to mark the publication of his long-awaited autobiography, For The Record (William Collins), in a series of events. Continue reading at The Bookseller
[ The Bookseller | 2019-07-04 16:12:23 UTC ]
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Hitler’s manifesto was marketed on Amazon, Walmart, Barnes and Noble and Books-A-Million as “what we must do if we want to survive as a people and as a Race.” Continue reading at HuffPost
[ HuffPost | 2019-07-02 01:29:36 UTC ]
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It's a little while since Microsoft announced that is dropping the Books category from the Microsoft Store, but a serious deadline is now looming. If you have bought books or downloaded free books from the Store, you only have a few more days to read them -- so if there are any you haven't... Continue reading at Betanews
[ Betanews | 2019-06-28 15:41:08 UTC ]
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