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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After its recent Walter Scott Prize win, indie list Bluemoose Books expected the media to be beating a path to its door. Its co-founders were mistaken... Continue reading at The Bookseller
[ The Bookseller | 2018-07-10 00:00:00 UTC ]
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Naming issues on which 'we are in almost complete alignment,' the UK's author-advocacy organization and revenue collection agency lay out talking points to the Publishers Association in an open letter. It's a new call 'to give everyone a bigger share of the pie." The post How Much Do Writers... Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2018-07-09 00:00:00 UTC ]
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[caption id="attachment_127651" align="alignright" width="300"] An exclusive first look at Coastal Living's 208 Idea House in Habersham, SC[/caption] Showcase houses aren't a new concept for shelter magazines. Generally viewed as a natural—and expected—extension of a brand, it’s not atypical at... Continue reading at Folio Magazine
[ Folio Magazine | 2018-07-05 00:00:00 UTC ]
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Presenter and author Fern Britton is teaming up with HarperCollins on a book club in partnership with Tesco. Continue reading at The Bookseller
[ The Bookseller | 2018-06-29 00:00:00 UTC ]
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The Daily Beast will offer exclusive content to subscribers, joining other publishers who are betting on their audience and hoping they're loyal enough to pay for the material they post. Many publishing companies--including most recently, Bloomberg, Vanity Fair, Business Insider (and... Continue reading at AdWeek
[ AdWeek | 2018-06-27 00:00:00 UTC ]
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City and regional magazine publishers continue to be nimble and optimistic in an atmosphere that remains anxious about the future of print advertising. A survey conducted by Folio: last year illustrated these publishers' skillful approach to revenue diversification: nearly two-thirds of... Continue reading at Folio Magazine
[ Folio Magazine | 2018-06-26 00:00:00 UTC ]
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If "unputdownable" means "putdownable" and "educational publishing" is "anything that's not trade publishing," what does "quality" mean in an insider's lexicon of the book industry? Ask Richard Charkin. The post An Exclusive New Column Series: Richard Charkin on the Vocabulary of Publishing... Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2018-06-20 00:00:00 UTC ]
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Time Warner Inc. is no more. Late Thursday, AT&T Inc. announced that it completed its $85-billion acquisition of Time Warner Inc., just two days after a federal judge in Washington gave the deal the green light. AT&T wasted little time consolidating its hard-fought prize — a blockbuster... Continue reading at Los Angeles Times
[ Los Angeles Times | 2018-06-15 00:00:00 UTC ]
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Bloomsbury Business has signed a new book about Sky and Rupert Murdoch's empire in a "major" acquisition. Continue reading at The Bookseller
[ The Bookseller | 2018-06-14 00:00:00 UTC ]
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Christine Caine is following up on her 2016 bestseller ‘Unashamed’ with a reflection on life’s unpredictable events and resilient faith in ‘Unexpected.’ Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-06-13 00:00:00 UTC ]
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Russian children's publisher Clever Media Group is looking to publish English-language titles in US and Canadian markets this autumn, accelerating its international expansion plans. The post Russia’s Clever Media Group Now Talking of September for North American Launch appeared first on... Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2018-06-13 00:00:00 UTC ]
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Jacqueline Bussie discusses the message of inclusion in her book ‘Love Without Limits,’ and why she parted ways with her original Christian publisher over it. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-06-13 00:00:00 UTC ]
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SERIES Taken Mills (Clive Standen) tries to save his cousin from members of an underworld syndicate in a new episode of the series based on the Liam Neeson action franchise. Jennifer Beals and Adam Goldberg also star. 8 p.m. NBC The Crossing The now-canceled science fiction drama, about a group... Continue reading at Los Angeles Times
[ Los Angeles Times | 2018-06-09 00:00:00 UTC ]
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Four sci-fi authors—Charlie Jane Anders, Seth Dickinson, S.L. Huang, and V.E. Schwab—will appear in not one but two panel discussions. Riffing on the panel titles, we asked them how reality, identity, and fearless female characters influence their work. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-06-02 00:00:00 UTC ]
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Former FBI director James Comey, author of Trump exposé A Higher Loyalty: Truth, Lies and Leadership, is coming to London for an exclusive UK event in June. Continue reading at The Bookseller
[ The Bookseller | 2018-05-26 00:00:00 UTC ]
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Cartoonist Ellen Forney is publishing 'Rock Steady: Brilliant Advice from My Bipolar Life,' a sequel to her 2012 graphic memoir about bipolar disorder, that is a personal guide with detailed practical advice on coping with mood disorders. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-05-21 00:00:00 UTC ]
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Welcome to the books newsletter! I’m Carolyn Kellogg, L.A. Times books editor, and this is what’s going on in books this week. THE BIG STORY William T. Vollmann writes big, ambitious journalism — books about poverty, violence, the history of North America — and now, climate change. “Carbon... Continue reading at Los Angeles Times
[ Los Angeles Times | 2018-05-12 00:00:00 UTC ]
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Google Assistant may have debuted as a bonus feature in the company’s ho-hum Allo messaging app, but it’s been on a roll ever since. The AI helper is now embedded in more than 500 million devices worldwide, Google revealed Tuesday during its annual I/O developer conference keynote. The company... Continue reading at PC World
[ PC World | 2018-05-09 00:00:00 UTC ]
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The government on Monday made its final plea to a federal judge to block AT&T Inc.’s $85.4-billion purchase of Time Warner Inc. or order it significantly scaled back, arguing that the combined company would be so powerful it would hinder competition and raise pay TV prices for consumers.... Continue reading at Los Angeles Times
[ Los Angeles Times | 2018-04-30 00:00:00 UTC ]
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International officials and media gather on World Book Day to open the 18th UNESCO World Book Capital program in Athens, celebrating what Greece's Prokopis Pavlopoulos calls 'the powerful potential of books.' The post Greece Opens Athens’ Year as UNESCO’s World Book Capital appeared first on... Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2018-04-25 00:00:00 UTC ]
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