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-0.00145475705557184 -0.00145475705557184 0.00203665987780042 -0.00436427116671532 -0.00349141693337226 0.00261856270002899 0.00378236834448634 0.00203665987780042
Stock impact report

Kantar Media enters new era as Fifty5Blue following $1B sale [Yahoo! Finance]

WPP plc American Depositary Shares (WPP) 
US:NYSE Investor Relations: wpp.com/wpp/investor/financialnews
Company Research Source: Yahoo! Finance
Dive Brief: Kantar Media is changing its name to Fifty5Blue following the division's sale to private-equity firm H.I.G. Capital for roughly $1 billion last August, according to a press release A new visual identity is meant to communicate clarity, focus and confidence and move past historic ties with Kantar Group. In addition, Fifty5Blue is ramping up investments in artificial intelligence that can help clients interpret its data sets. Fifty5Blue is preserving its established product lineup and assets like Ibope, TGI and TechEdge to offer continuity to clients. The deal with H.I.G. Capital aligns with rising private-equity interest in the agency and ad-tech worlds. Dive Insight: Kantar Media rebranding is a natural next step following the sale of the business to alternative investment firm H.I.G. Capital last year . Beyond aesthetic changes, inclusive of a new blue-and-white logo and visual identity, the shift to Fifty5Blue entails a step up in work around AI tools that can Show less Read more
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