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Private Equity Firms in Talks to Acquire Media Group VNU

Authored by Mark Hefflinger on January 17, 2006 - 3:01am.
Amsterdam - VNU NV, a Netherlands-based media and market-research firm, announced that it is in talks to be acquired by a group of some of the largest private-equity firms in the world. The group -- comprising the Carlyle Group, the Blackstone Group, Kohlberg Kravis Roberts & Co., Thomas H. Lee Partners, AlpInvest Partners, Permira and Hellman & Friedman -- is understood to have made an $8.8 billion offer for VNU, which owns the Nielsen TV and Internet ratings business. VNU, having "gauged the level of interest of certain other parties", said it was not in talks with any other company.
tags: VNU | Talks | Private | Media Group |

Simmons Lathan Media Group Launches Hip-Hop VOD Service

Authored by Mark Hefflinger on November 7, 2005 - 2:46am.
Los Angeles - Simmons Lathan Media Group, a company co-founded by Def Jam founder Russell Simmons, announced on Monday that its video-on-demand channel featuring urban and hip-hop content will launch as a free service on cable TV provider Comcast's service later this week. The DoD service will include mix tapes and video mix shows; documentary series; feature-length films; and other urban-themed content whose theme will change monthly. Los Angeles-based DoD said that advertisers including Coca-Cola, General Motors and Reebok have signed on to target ads to viewers of the free service.
tags: VOD | Media Group | Simmons |