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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The owner of Canadian music business Sunrise Records, Doug Putman, is in rescue bid talks for HMV. Continue reading at The Bookseller
[ The Bookseller | 2019-02-05 00:00:00 UTC ]
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Messaging apps aren't just useful for everyday communication -- in at least one case, they've enabled an influential book. Kurdish-Iranian author Behrouz Boochani has won Australia's top literary award, the Victorian Prize for Literature, with a boo... Continue reading at Engadget
[ Engadget | 2019-02-02 00:00:00 UTC ]
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Women’s lifestyle website The Pool is reportedly in crisis talks, with staff yet to receive their January wages. Continue reading at The Bookseller
[ The Bookseller | 2019-01-31 00:00:00 UTC ]
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Media mergers between BuzzFeed and other top digital publishers are exciting to think about. But don't bet on them happening anytime soon. The post Video Briefing: BuzzFeed layoffs prompt new talk of mergers appeared first on Digiday. Continue reading at Digiday
[ Digiday | 2019-01-30 00:00:00 UTC ]
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“The demand for gender equality is growing louder, and it is coming from all over the world,” Gates told attendees at the opening of the ALA meeting. But progress is not inevitable, she warned. Continue reading at Publishers Weekly
[ Publishers Weekly | 2019-01-25 00:00:00 UTC ]
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The conversations at Winter Institute 14 in Albuquerque, N.M., on Wednesday focused on commerce, covering sales data, and the best ways to capture pre-order sales. Continue reading at Publishers Weekly
[ Publishers Weekly | 2019-01-24 00:00:00 UTC ]
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William Collins is to publish The Third Pillar: The Revival of Community in a Polarized World, about how capitalism is “failing our democracies”, by finance academic Raghuram Rajan. Continue reading at The Bookseller
[ The Bookseller | 2019-01-22 00:00:00 UTC ]
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Penguin Random House completed moving its Penguin staff members that had been working on Hudson St. to 1745 Broadway, where Random House has long had its headquarters, on January 2. PW talked with PRH US CEO Madeline McIntosh about the move. Continue reading at Publishers Weekly
[ Publishers Weekly | 2019-01-18 00:00:00 UTC ]
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Hachette Children’s Team has hired Tig Wallace, formerly commissioning editor at Penguin Random House Children’s, as senior commissioning editor in the fiction team. Continue reading at The Bookseller
[ The Bookseller | 2019-01-18 00:00:00 UTC ]
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Clarivate Analytics is to become a publicly listed company following an agreement to merge with Churchill Capital Corp. Continue reading at The Bookseller
[ The Bookseller | 2019-01-16 00:00:00 UTC ]
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The contest, part of a cultural initiative of the New York Rights Fair celebrating excellence in book design in five categories, is now open for submissions for its 2019 awards. Continue reading at Publishers Weekly
[ Publishers Weekly | 2019-01-08 00:00:00 UTC ]
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Nonfiction writers began publishing books about Donald Trump even before Sean Spicer could start lying for him. Fiction writers, though, have been slower to incorporate the Mogul into their work. Continue reading at Stuff
[ Stuff | 2019-01-05 00:00:00 UTC ]
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Administrators are in “ongoing” talks with book suppliers to HMV and trying to “make new arrangements” after the music retailer collapsed for a second time. Continue reading at The Bookseller
[ The Bookseller | 2019-01-04 00:00:00 UTC ]
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Bestselling author Robert Harris is joining the line-up for David Headley and Adam Hamdy's new London festival Capital Crime. Continue reading at The Bookseller
[ The Bookseller | 2018-12-14 00:00:00 UTC ]
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In his new book, religion professor Michael Muhammad Knight presents 40 views of the prophet Muhammad, painting him in an unexpected light and demonstrating the wide-ranging diversity within the Muslim world. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-12-12 00:00:00 UTC ]
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Peter James and Lynda La Plante have been announced as headline guests at Adam Hamdy and David Headley's new London-based crime and thriller festival, Capital Crime 2019. Continue reading at The Bookseller
[ The Bookseller | 2018-11-30 00:00:00 UTC ]
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In her new book, president of Proverbs 31 Ministries and bestselling author of ‘Uninvited’ Lysa TerKeurst delves into the recent pain of her husband’s infidelity, a cancer diagnosis, and more. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-11-28 00:00:00 UTC ]
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Italian director Saverio Costanzo spoke with Fast Company about the challenge of adapting the first novel in the Neapolitan series (as a man, no less). In 2007, Italian director Saverio Costanzo wrote to the publisher of Elena Ferrante’s novella The Lost Daughter and asked if he could option the... Continue reading at Fast Company
[ Fast Company | 2018-11-23 00:00:00 UTC ]
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Capital Crime, Adam Hamdy and David Headley's new London-based crime and thriller festival, is launching a new initiative: Capital Crime Digital. Continue reading at The Bookseller
[ The Bookseller | 2018-11-23 00:00:00 UTC ]
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On a recent morning, chefs David McMillan and Frédéric Morin sat at Chateau Marmont, the swank hotel on the Sunset Strip, to talk about their new book, “Joe Beef: Surviving the Apocalypse, Another Cookbook of Sorts.” It is a sequel to their debut cookbook, which they also wrote with Meredith... Continue reading at Los Angeles Times
[ Los Angeles Times | 2018-11-23 00:00:00 UTC ]
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