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TV ratings provider Nielsen to explore sale of entire company
Unclear if/how sale would/could impact ratings going forward
Nielsen Holdings will expand a review of strategic alternatives to include a sale of the entire TV ratings company, the firm told Reuters on Tuesday, after coming under pressure to do so from hedge fund Elliott Management.
Nielsen, best known for providing audience figures that are used to determine advertising rates for TV commercials, has been seeking to adapt to the media industry's shift to digital advertising and video consumption on mobile devices.
Unclear if/how sale would/could impact ratings going forward