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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“Unlike some of my hard science fiction books, such as ‘Seveneves’ — where I sweated the details of orbits, rocket engines, etc. — ‘Fall’ is meant to be read as more of a fable,” he says. Continue reading at The New York Times
[ The New York Times | 2019-06-28 09:00:08 UTC ]
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Audiobook streaming service BookBeat has launched in 24 new European markets, making the service available in 28 countries overall. Continue reading at The Bookseller
[ The Bookseller | 2019-06-24 12:31:26 UTC ]
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London's inaugural Capital Crime festival launched last night with British Book Award winner Louise Candlish and Mark Edwards. Continue reading at The Bookseller
[ The Bookseller | 2019-06-18 07:53:10 UTC ]
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WPP is hooking up with IHeartMedia on a new partnership aimed at luring more audio business from marketers. The venture, called “Project Listen,” will offer creative consulting and media planning covering multiple platforms, including broadcast radio, digital streaming, podcasts, smart speakers... Continue reading at Advertising Age
[ Advertising Age | 2019-06-17 10:00:00 UTC ]
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Ash Carter airs his thoughts on women in combat, the media, Susan Rice and Hamid Karzai. Continue reading at The Washington Post
[ The Washington Post | 2019-06-14 12:37:26 UTC ]
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Jia Tolentino writes about the children’s book “The Westing Game,” by Ellen Raskin. Continue reading at New Yorker
[ New Yorker | 2019-06-13 16:15:43 UTC ]
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Dr. Ramon Tallaj, chairman of Somos Community Care, said Tuesday that the Cuomo administration should work to secure federal funding to continue the Delivery System Reform Incentive Payment... To view the full story, click the title link. Continue reading at Crains New York
[ Crains New York | 2019-06-12 09:30:00 UTC ]
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Longtime Christian publishing executive Dave Lewis reflects on 43 years in the book business and discusses what he calls the changing but promising future for the industry. Continue reading at Publishers Weekly
[ Publishers Weekly | 2019-06-12 04:00:00 UTC ]
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With librarians preparing to gather in Washington for the 2019 Annual Conference, PW recently caught up with ALA's Kathi Kromer to talk about navigating today's unusual political climate, and why 'year-round advocacy' is the office's defining strategy. Continue reading at Publishers Weekly
[ Publishers Weekly | 2019-06-07 04:00:00 UTC ]
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Washington, D.C., publishers are embracing multimedia, with books at the center. Continue reading at Publishers Weekly
[ Publishers Weekly | 2019-06-07 04:00:00 UTC ]
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Supreme Court Justice Sonia Sotomayor came down from the stage and walked among the tables at her BookExpo appearance Thursday evening. Continue reading at Publishers Weekly
[ Publishers Weekly | 2019-05-31 00:00:00 UTC ]
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Women dominated the opening Leadership Roundtable at Book Expo, as the panel suggested audio is no longer a competitive format and called for greater diversity in publishing. Continue reading at The Bookseller
[ The Bookseller | 2019-05-30 21:39:50 UTC ]
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[caption id="attachment_159345" align="alignright" width="150"] Brian Szejka[/caption] Brian Szejka was promoted to publisher of Rolling Stone, effective immediately, following publisher and chief revenue officer Andrew Budkofsky’s resignation from the company earlier this month. Szejka has... Continue reading at Folio Magazine
[ Folio Magazine | 2019-05-30 15:10:32 UTC ]
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Leading film scouts and agents spoke on New York Rights Fair panel, explaining how they make a piece of content come alive for a producer or studio executive. Continue reading at Publishers Weekly
[ Publishers Weekly | 2019-05-30 04:00:00 UTC ]
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On the afternoon of June 28, a gunman entered the newsroom of the Capital Gazette in Annapolis, killing five staffers before surrendering to police. Shaken survivors from the newsroom worked late into the night to put out an edition the following morning. Exactly 11 months later, on Tuesday,... Continue reading at Baltimore Sun
[ Baltimore Sun | 2019-05-29 00:00:00 UTC ]
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On the afternoon of June 28, a gunman entered the newsroom of the Capital Gazette in Annapolis, killing five staffers before surrendering to police. Shaken survivors from the newsroom worked late into the night to put out an edition the following morning. Exactly 11 months later, on Tuesday,... Continue reading at Baltimore Sun
[ Baltimore Sun | 2019-05-29 00:00:00 UTC ]
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Publishers are still challenged by digital media's limitations, but a few have found solutions. The post Magazine Media: Talking About a Better User Experience Isn’t Enough appeared first on Folio:. Continue reading at Folio Magazine
[ Folio Magazine | 2019-05-28 14:20:54 UTC ]
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Talent management collective Tricycle Talent has acquired a minority stake in Rachel Mills Literary (RML). Continue reading at The Bookseller
[ The Bookseller | 2019-05-27 22:53:46 UTC ]
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ARM, the chip foundation of virtually all of the smartphones made today, has announced the next generation of its Cortex CPUs and Mali GPU, with significant performance improvements made to both. In fact, ARM claims that its new Cortex-A77 CPU should offer performance “comparable to today’s... Continue reading at PC World
[ PC World | 2019-05-27 04:00:00 UTC ]
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#eventually end
Sourcebooks has sold a 45% ownership stake to Penguin Random House to enable the American independent publisher to take a “broader and deeper approach to domestic and global markets”. Continue reading at The Bookseller
[ The Bookseller | 2019-05-24 02:11:56 UTC ]
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