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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A stat-driven update on the majors for May Day: 1. Bryce Harper scored 32 runs in April, a major league record for the month. The Kansas City Royals scored 63. 2. Anthony Rendon drove in 10 runs on the final day of April. Players who did not drive in 10 runs all month included Jose Bautista,... Continue reading at Los Angeles Times
[ Los Angeles Times | 2017-05-02 00:00:00 UTC ]
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HQ is to publish BOSH! The Cookbook by Sheffield school friends Henry Firth and Ian Theasby in a "major" six-figure deal following a "hotly-contested" eight-publisher auction. Continue reading at The Bookseller
[ The Bookseller | 2017-04-29 00:00:00 UTC ]
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It's official: Time Inc. has not found a buyer -- and is no longer considering offers. In an announcement that put a cap on months of speculation over who would buy the publishing giant and when, Time Inc. said Friday morning that the "Company will continue to pursue its strategic plan."The... Continue reading at Advertising Age
[ Advertising Age | 2017-04-28 00:00:00 UTC ]
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International Publishers Association president Michiel Kolman has spoken of his organisation's role in lobbying for "robust copyright frameworks and freedom to publish protections” in a speech given in the Chinese city of Chengdu on UNESCO World Book and Copyright Day. Continue reading at The Bookseller
[ The Bookseller | 2017-04-25 00:00:00 UTC ]
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Caitlyn Jenner opened up on Monday about her frank new memoir detailing her now two-year-old transition and the bumps along the way, including her three failed marriages, thoughts of suicide while she was relentlessly pursued by paparazzi, and, finally, freedom to be her true self. Continue reading at Stuff
[ Stuff | 2017-04-25 00:00:00 UTC ]
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Renowned makeup artist & best-selling author Bobbi Brown talks finding her passion, leaving her namesake company, and her newest book on "No Limits with Rebecca Jarvis. Continue reading at ABC News
[ ABC News | 2017-04-18 00:00:00 UTC ]
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ABA and its board made good on its promise to promote diversity in the book industry and launched its premier conference for children's booksellers with a keynote address on hiring for diversity. Continue reading at Publishers Weekly
[ Publishers Weekly | 2017-04-07 00:00:00 UTC ]
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Bertelsmann has acquired a stake in Indian ed-tech company Eruditus Executive Education. Continue reading at The Bookseller
[ The Bookseller | 2017-04-04 00:00:00 UTC ]
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Timed to coincide with the SoHo brasserie's 20th anniversary, Reggie Nadelson's 'Balthazar: The New York Brasserie at the Center of the World,' is a deep, unrestricted dive into the restaurant’s persistent allure. Continue reading at Publishers Weekly
[ Publishers Weekly | 2017-04-03 00:00:00 UTC ]
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Hannah Tinti talks to her editor, Noah Eaker, about the process of editing 'The Twelve Lives of Samuel Hawley,' her new novel (in part inspired by the 12 labors of Hercules) about a lifelong criminal vowing to give up a life of crime as his daughter hits adolescence. Continue reading at Publishers Weekly
[ Publishers Weekly | 2017-03-31 00:00:00 UTC ]
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The president of the Association for Library Service to Children discusses efforts to support children and families in a shifting information landscape. Continue reading at Publishers Weekly
[ Publishers Weekly | 2017-03-31 00:00:00 UTC ]
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The acquisition of Souq.com, a Dubai-based online retailer that is the dominant one in the Middle East, comes one month after Souq announced plans to open a "global bookstore." Continue reading at Publishers Weekly
[ Publishers Weekly | 2017-03-29 00:00:00 UTC ]
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Ruden, a scholar and translator, reconsiders the most famous passages from the Bible to reveal poetry and lyricism in ‘The Face of Water.’ Continue reading at Publishers Weekly
[ Publishers Weekly | 2017-03-23 00:00:00 UTC ]
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Part three of our annual salary survey looks at compensation levels for publishers, account executives, and marketing directors. The post In Sales and Marketing Salaries, Gender Inequality Remains a Major Issue appeared first on Folio:. Continue reading at Folio Magazine
[ Folio Magazine | 2017-03-22 00:00:00 UTC ]
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Shirley MacLaine is on a roll. She became a trending topic on Twitter and Facebook when she appeared at last month’s Oscars with Charlize Theron. Earlier this year, she received the Los Angeles Film Critics Assn. Career Achievement Award and this month was honored at the Texas Film Awards in... Continue reading at Los Angeles Times
[ Los Angeles Times | 2017-03-22 00:00:00 UTC ]
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W H Smith is celebrating its 225th anniversary year with a classic ‘yellowback’ book collection similar to the ones sold in the mid-1800s by the retailer. Continue reading at The Bookseller
[ The Bookseller | 2017-03-18 00:00:00 UTC ]
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We asked a number of agents and scouts attending this year’s Bologna fair to talk about the trends they’ve been noticing: in themes, in genres, and in international demand. Continue reading at Publishers Weekly
[ Publishers Weekly | 2017-03-17 00:00:00 UTC ]
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In a smooth transition to its new Nielsen-partnered format, London Book Fair's flagship Quantum Conference leans on data, optimism, and conversation. The post At London Book Fair’s Quantum Conference: Stakes and Statistics appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2017-03-14 00:00:00 UTC ]
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The Association of American Publishers' annual meeting, held at Penguin Random House earlier this week was themed “Charting the Future,” its centerpiece a Q&A interview by PRH c.e.o. Markus Dohle of Barnes & Noble c.e.o. Len Riggio. Continue reading at The Bookseller
[ The Bookseller | 2017-03-10 00:00:00 UTC ]
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Surprised by a study that found that most Jews identify themselves as Jewish culturally rather than religiously, Pogrebin set out observe every holiday in the Jewish calendar. Continue reading at Publishers Weekly
[ Publishers Weekly | 2017-02-15 00:00:00 UTC ]
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