Europe Media and Internet Daily

Latest edition · June 17, 2026

GS Europe Media and Internet Daily: Hightouch offers to buy LiveRamp’s identity business from Publicis::Auto1 provides long term

This report highlights a $800m-$1.2bn offer by Hightouch for Publicis's LiveRamp business, alongside Auto1 and Wiley's latest financial updates and targets.

Goldman Sachs provides a brief on several media and internet firms. Key developments include a cash/stock offer from Hightouch for Publicis's identity assets, which analysts deem strategically surprising. Auto1 has provided long-term growth targets ahead of its Capital Markets Day, and Wiley reported FY26 results with margin expansion and updated guidance for FY27.

Key takeaways from the latest edition

• 1.Hightouch has offered $800m-$1.2bn to acquire LiveRamp's identity business from Publicis.
• 2.Auto1 confirmed 2026 guidance and provided long-term unit growth targets for Retail (20-40%) and Merchant (10-15%) segments.
• 3.Wiley FY26 results show flat ex-fx growth but 10% EBITDA increase; company targets low-to-mid single digit organic growth for FY27.

What this series covers

• Today’s highlights
• Upcoming Fieldtrips and Conferences
• European Communacopia Conference
• 15th German Corporate Conference
• Key risks and valuation methodology - Publicis
• Disclosure Appendix

Edition archive

• GS Europe Media and Internet Daily: Hightouch offers to buy LiveRamp’s identity business from Publicis::Auto1 provides long term

  June 17, 2026

• GS Europe Media and Internet Daily: WPP Media upgrades its global advertising revenue forecasts

  June 16, 2026

• GS Europe Media and Internet Daily: Rightmove’s HPI shows fall in house prices; Publicis settles dispute with TTD; Legora plans to double

  June 15, 2026

• GS Europe Media and Internet Daily RICS Survey for UK housing shows challenging backdrop WPP wins Just Eat account

  June 11, 2026

• GS Europe Media and Internet Daily Autotrader releases May pricing data

  June 9, 2026