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 Independent Publishers Caucus, a new advocacy organization, met during WI13 in Memphis on Monday. Topics of discussion included funding the group and developing stronger ties between indie presses and indie booksellers. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-01-23 00:00:00 UTC ]
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The micropublishing venture launched in late 2017 focuses on quirky literary works written solely by authors based in the Miami area. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-01-12 00:00:00 UTC ]
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W F Howes has bought exclusive rights to sell the audiobook of Fire and Fury by Michael Wolff into libraries. Continue reading at The Bookseller
[ The Bookseller | 2018-01-12 00:00:00 UTC ]
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Acknowledging the patriarchal society of biblical times, author Mesu Andrews finds inspiration among the obscure women in Scripture and hopes to add more to their stories in her award-winning novels, including her latest, ‘Isaiah’s Daughter.’ Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-01-10 00:00:00 UTC ]
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Europe's major markets - the UK, Germany, France, Spain and Italy - all experienced growth in turnover in 2016, according to a Federation of European Publishers' report. Continue reading at The Bookseller
[ The Bookseller | 2018-01-10 00:00:00 UTC ]
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White middle class men should not be afraid to talk about and challenge publishing's lack of diversity, Unbound c.e.o. Dan Kieran has said. Continue reading at The Bookseller
[ The Bookseller | 2018-01-09 00:00:00 UTC ]
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Clare Alexander of Alexander Aitken Associates has pulled off a hat-trick of "major" deals with Doubleday in America, including for authors Pat Barker and Mark Haddon. Continue reading at The Bookseller
[ The Bookseller | 2017-12-28 00:00:00 UTC ]
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The £580,000 Arts Council England funding will support new initiative to find and develop black and minority ethnic, disabled and LGBTQ writersA new literary agency, which aims to discover “the next generation of diverse writers” and “blow open the pipeline” for them, is being launched by the... Continue reading at The Guardian
[ The Guardian | 2017-12-21 00:00:00 UTC ]
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We need to look beyond a debate about audiobook rights if we want the market to flourish, says Dominic White. Continue reading at The Bookseller
[ The Bookseller | 2017-12-20 00:00:00 UTC ]
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We spoke with activist Dias and asked her to reflect on her activism and publishing journey so far, and to share some of her future goals. Continue reading at Publishers Weekly
[ Publishers Weekly | 2017-12-15 00:00:00 UTC ]
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Tavis Smiley was to narrate a stage production based on “Death of a King,” his 2014 book written with David Ritz. The touring show was canceled after accusations of sexual misconduct against Mr. Smiley. Continue reading at The New York Times
[ The New York Times | 2017-12-14 00:00:00 UTC ]
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The art and design title will become a joint venture between Adam Sandow and its founders, Hudson News moguls Lisa and James Cohen. The post Sandow Acquires Stake in Galerie Magazine appeared first on Folio:. Continue reading at Folio Magazine
[ Folio Magazine | 2017-12-13 00:00:00 UTC ]
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Counterfeit advertising is an issue on the rise, affecting both brands and publishers alike with serious consequences. Even big name publishers have fallen victim to this fraud — but fortunately, there are measures you can take to protect your business. Sponsored by OpenX. The post Major... Continue reading at Digiday
[ Digiday | 2017-12-08 00:00:00 UTC ]
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Foreign rights experts gathered during this week's GKC conference for a discussion of some of the areas of recent growth within the children's market. Continue reading at Publishers Weekly
[ Publishers Weekly | 2017-12-07 00:00:00 UTC ]
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Following Barnes & Noble's disappointing financial performance for the second quarter ended October 28, 2017, company chairman Len Riggio bought 1 million shares of company stock, raising his stake in B&N to 19.3%. Continue reading at Publishers Weekly
[ Publishers Weekly | 2017-12-05 00:00:00 UTC ]
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Amid interest in nonfiction among young adult Russian readers, Eksmo-AST opens a new imprint, Bombora, with an eye to Western rights sales. The post Russia’s Eksmo-AST Creates New Imprint To Capitalize on Nonfiction Demand in Marketplace appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2017-12-04 00:00:00 UTC ]
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Bestselling YA author Clare's new fantasy series for adults, Sword Catcher, sold in a rumored seven-figure deal. Continue reading at Publishers Weekly
[ Publishers Weekly | 2017-11-29 00:00:00 UTC ]
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The 'new influencers,' a panel in Montréal's professional program asserted, are the ones who can reach consumer-readers where they live. The post Talking About the ‘New Influencers’: Social Media Specialists and Canadian Publishing appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2017-11-27 00:00:00 UTC ]
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'We trust that the European Commission will take the specific nature of the (ebook) sector into account," says the Börsenverein' Jessica Sänger. The post European Booksellers Cheer as Digital Market Talks on Ebooks and Geo-Blocking appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2017-11-26 00:00:00 UTC ]
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Washington, D.C.’s laser-focused publishers are eager to shape the world around us. Continue reading at Publishers Weekly
[ Publishers Weekly | 2017-11-24 00:00:00 UTC ]
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