WPP and Martin Sorrell's New Venture Reportedly Competing to Acquire Production Company MediaMonks

Spokespeople decline to confirm 'speculation'

Experience ADWEEK House at Cannes, June 16-19. We’re celebrating 45 years of reporting with Now and Next—a creative opportunity for brands to define who they are and their future in the industry. Register .

Global production company MediaMonks is the first target in Martin Sorrell’s attempts to re-enter the ad industry by way of mergers and acquisitions, according to multiple reports published over the past 24 hours.

The Financial Times first reported yesterday that Sorrell’s new entity, S4 Capital, is in talks to acquire MediaMonks. A Sky News story subsequently claimed that WPP, the holding group Sorrell led for 33 years before stepping down several weeks ago, is competing against S4 in a $350 million “bidding war” for the Dutch company.

Spokespeople

AW+

WORK SMARTER - LEARN, GROW AND BE INSPIRED.

Spring Special

Save 30% Off an ADWEEK Subscription Today!

View Your Options

Already a member? Sign in