The better-known audience-metrics unit—including Nielsen's famed TV-rating business—won't make the move. Events of recent years have caused some to question Chicago's ability to keep attracting jobs and business investment. With $3 billion in annual revenue, the yet-to-be-named company employs more than 25,000 people in 100 countries around the world. As my colleague John Pletz reported today.
Chicago, IL – Sept. 29, 2020 – Today, Nielsen’s Global Consumer Business announced Chicago as its global headquarters as it moves forward with its journey to becoming a standalone company. Monday-Friday at 7 a.m. A roundup of the day's important business news. The Chicago-bound business has struggled recently, as … Nielsen | 754,751 followers on LinkedIn | We provide the most complete and trusted view available of consumers and markets worldwide.
Under pressure from activist investor Elliott Management, the company plans to reprise the breakup of its consumer and audience measurement businesses. Returning to the site of the company’s founding in Rogers Park in 1923, Nielsen’s Global Consumer Business now employs approximately 30,000 employees in nearly 100 countries around the world. (312) 649-5200, A few fourth-quarter goals for the city and some of its largest companies, Here's hoping delay in O'Hare expansion doesn't last long. Founded in Chicago 97 years ago, the company once known as A.C. Nielsen has gone through a few corporate parents and headquarters locations since it was acquired by Dun & Bradstreet in 1984. Nielsen announced last year it planned to divide its business into two separate, publicly-traded entities.
“We looked at New York and a couple cities in Europe,” Nielsen CEO David Rawlinson told Pletz.
“Under Governor Pritzker’s leadership, more companies continue to make the choice for Illinois, thanks to the talent and resiliency found across our communities, investments in shared infrastructure, as well as our continued investments that give us a competitive place to do business.”, “This announcement is an exciting win-win for Nielsen and the entire Chicago region,” said Mayor Lori E. Lightfoot.
In a year as bad as 2020 has been, any bit of good news is worth celebrating.
D&B later split the company's two businesses, with the ratings unit moving to Connecticut and the consumer business settling in Schaumburg.
Nielsen's Global Consumer Business Reinforces Commitment To Chicago As Site Of Global Headquarters PR Newswire CHICAGO, Sept. 29, 2020 CHICAGO, Sept. 29, 2020 /PRNewswire/ -- Today, Nielsen… For more information, visit www.nielsen.com. That's no reason to lapse into complacency about our economic future.
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