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 Facebook's news feed changes, publishers are not changing their strategies on the platform, or they're trying to focus more on other social channels. The post Digiday Research: Majority of publishers aren’t worried about Facebook’s algorithm changes appeared first on Digiday. Continue reading at Digiday
[ Digiday | 2018-04-23 00:00:00 UTC ]
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A treatise on making moral decisions in an immoral age–or the excuses of a man Donald Trump calls a "slimeball" who "always ends up badly and out of whack"–the new James Comey book is from Macmillan, which published 'Fire and Fury' earlier this year. The post Macmillan’s Second Major Political... Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2018-04-17 00:00:00 UTC ]
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Faber is to publish the memoir of Chris Frantz, one of the members of seminal post-punk band Talking Heads. Continue reading at The Bookseller
[ The Bookseller | 2018-04-11 00:00:00 UTC ]
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In two separate niche deals, LSC Communications bought the university press distributor TriLiteral, while Turner Publishing acquired a publisher that specializes in books on eating disorders. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-04-03 00:00:00 UTC ]
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We spoke to the "Salinger of the Snapchat generation" Sally Rooney, following her shortlisting for the 2018 Dylan Thomas Prize. Continue reading at The Bookseller
[ The Bookseller | 2018-03-30 00:00:00 UTC ]
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Bloomsbury has acquired a "major work of non-fiction" that examines how work has shaped human civilisation. Continue reading at The Bookseller
[ The Bookseller | 2018-03-30 00:00:00 UTC ]
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Bonnier Publishing is restructuring its business in Australia "in response to changing market conditions". Continue reading at The Bookseller
[ The Bookseller | 2018-03-28 00:00:00 UTC ]
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Hachette Children’s Group has sold Enid Blyton into a 42nd language and is “on track” to hit 50 languages in two years’ time. Continue reading at The Bookseller
[ The Bookseller | 2018-03-27 00:00:00 UTC ]
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Under the agreement, Miller, the bestselling creator of properties like 'The Dark Knight Returns,' will produce at least two graphic novels (including his first YA graphic novel) in a deal that is among several new initiatives at DC Entertainment focused on the trade book market. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-03-23 00:00:00 UTC ]
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Bloomsbury imprint Green Tree has sign a "major" new work from journalist Jonathan Rauch. Continue reading at The Bookseller
[ The Bookseller | 2018-03-22 00:00:00 UTC ]
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Booksellers Amazon, W H Smith, Waterstones and Foyles have become the subject of a Hope not hate campaign, which has accused them of listing far-right books for sale. Continue reading at The Bookseller
[ The Bookseller | 2018-03-22 00:00:00 UTC ]
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Tyson has been writing for general audiences for more than 20 years—but his latest book, 'Astrophysics for People in a Hurry,' is his first runaway bestseller. And he thinks he knows why. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-03-16 00:00:00 UTC ]
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Unsatisfied with the company's limited efforts in foreign rights sales in the past, Eksmo-AST's incoming general director says the company will go to Frankfurter Buchmesse this year with a big list of children's and literary titles. The post Russia’s Eksmo-AST Plans Major Foreign Rights... Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2018-03-12 00:00:00 UTC ]
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Nafkote Tamirat, author of the debut novel 'The Parking Lot Attendant,' talks with her editor, Caroline Zancan, about the editing process. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-03-09 00:00:00 UTC ]
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It's been six months since Facebook rolled out Facebook Watch, its vertical featuring original series from dozens of publishers and companies like Discovery Communications, Hearst and Quartz. However, of the 50-some shows that were part of Watch's initial launch, only a handful of series have... Continue reading at AdWeek
[ AdWeek | 2018-02-21 00:00:00 UTC ]
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In his new graphic biography, 'Is This Guy for Real? The Unbelievable Andy Kaufman,' cartoonist Box Brown documents the life of the eccentric comedian, actor and professional wrestling performer. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-02-21 00:00:00 UTC ]
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International ebook retailer Rakuten Kobo has a long history of partnering with retailers to deliver ebooks, but Kobo its new partnership with Walmart is on a whole different level. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-02-16 00:00:00 UTC ]
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Warner Bros. is in talks with Paul King, the director of the two "Paddington" films, to take on a new adaptation of “Willy Wonka”, according to Variety magazine. Continue reading at The Bookseller
[ The Bookseller | 2018-02-14 00:00:00 UTC ]
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We caught up with Briscione, author of the forthcoming book 'The Flavor Matrix' (HMH), to find out how chemistry is the key to why certain ingredient combos work—from pizza, to caramel and fish sauce. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-02-06 00:00:00 UTC ]
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During his Winter Institute 13 keynote address, author Junot Diaz delivered a blistering political statement urging the publishing industry to "stop talking about diversity and start decolonizing our shelves." Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-01-25 00:00:00 UTC ]
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