[68], In the financial year of 1990/1991, Bertelsmann had over 45,000 employees and reached sales of 14.5 billion Deutsche Mark annually. [76] Prior to that, Bertelsmann had already acquired a direct share in America Online. Prior to the 2020 Bertelsmann deal, Pearson still owned a 25 percent stake of Penguin Random House. Nihar joined Penguin Random House’s majority shareholder, Bertelsmann, in 2001 as part of its Bertelsmann Entrepreneurs Program. [30] After currency reform in 1948, there was a market slump in the book trade that also led to the next existential crisis for the C. Bertelsmann Verlag. [20] Especially in the years between 1939 and 1941, the revenues of the C. Bertelsmann Verlag skyrocketed. Our dedicated team of publishing professionals is committed to helping authors realize their very best work and to finding innovative new ways of bringing stories and ideas to audiences worldwide. [118] In the 2003 financial year, Bertelsmann announced that it was investing its music business in a joint venture with Sony. For Bertelsmann, the transaction, valued at approximately $675 million, is economically attractive, as the share of Bertelsmann’s shareholders in group profit will increase by more than €70 million per year. In its current form, the company originated in the year 1999. [48] Larger acquisitions became practically impossible. [234][235] It is Europe's largest player in the industry. [225] At that time, the print and industry sectors at Bertelsmann were restructured, whereby services received a higher priority than the print and machinery sector back then. [39][40] In 1969, Bertelsmann acquired shares in the magazine publisher Gruner + Jahr. C’est Penguin Random House, filiale de l’allemand Bertelsmann, qui rachète l’américain. [136][137] In 2012, Bertelsmann went from being an AG to its current incorporation as a partnership limited by shares ("Kommanditgesellschaft auf Aktien" or "KGaA"), with the general partner being a European stock corporation ("Societas Europaea" or "SE"). [162][163], Arvato was aligned more closely with the Group through changes in management, among other measures. [151] The Club Bertelsmann was wound up,[152] and individual distribution partners are taking legal action against it. [164] The heads of the division's individual "Solution Groups" have reported directly to members of the Bertelsmann Executive Board ever since. Its publications include Brigitte, Geo and Stern,[208] and the company also has a majority stake in Motor Presse Stuttgart and Dresdner Druck- und Verlagshaus. [183] In December 2020, Bertelsmann entered talks to sell the French magazine publisher Prisma Media, a division of Gruner + Jahr, to Vivendi. In 2013, Christoph Mohn assumed the chairmanship of both bodies. [278], Since the 1970s, the Bertelsmann headquarters have been in the Gütersloh district of Avenwedde, and its layout encompasses some 26,100 square meters. Bertelsmann possède à présent 75 % d'un des plus importants groupes d'édition au monde, Penguin Random House. [285] The majority are in Europe, where the group earns the largest share of its revenues. Bertelsmann is a media, services and education company that operates in about 50 countries. Die Penguin Random House Verlagsgruppe GmbH gehört zu Penguin Random House, der größten Publikumsverlagsgruppe der Welt und einer Division des Medien-, Dienstleistungs- und Bildungsunternehmens Bertelsmann. [185], Bertelsmann is a decentralized organization. [207] In 2019, the company achieved sales of €3.636 billion. In 2017, Bertelsmann increased its stake to 75 percent. The nucleus of the corporation is the C. Bertelsmann Verlag, a publishing house established in 1835 by Carl Bertelsmann in Gütersloh. [13] Carl Bertelsmann was a representative of the "Minden-Ravensberger Erweckungsbewegung", a Protestant revival movement, whose writings he published. Its centerpiece was AOL Europe,[75] a joint venture of America Online and Bertelsmann. Read it Forward Read it first. Pearson, the world’s learning company, today announces an agreement to sell its remaining 25% stake in Penguin Random House to partner Bertelsmann SE & Co KGaA (“Bertelsmann”) for a consideration of approximately $675m / (£530m). Penguin Random House, the first truly global consumer book publishing company was created on 1st July 2013 in a transaction accounted for as the sale by Pearson of Penguin to Bertelsmann and the simultaneous purchase of a 47% stake in the Penguin Random House … [233] In 2019, sales of Arvato reached a volume of €4.175 billion. The C. Bertelsmann Verlag focused on nonfiction books, in particular dictionaries, guidebooks, reference books and journals. Pearson is selling its remaining 25% stake in Penguin Random House to Bertelsmann, as its c.e.o. Together, they own 100 percent in the general assemblies of the group company (Bertelsmann SE & Co. KGaA) and its general partner (Bertelsmann Management SE). [255] The media commented the change of the legal structure "the turn of an era",[256] as it essentially also enables the company to go public. [101][102] The aim of the acquisition, among other things,[103] was to stem the illegal spread of copyrighted material. [184], In January 2021, Bertelsmann began to explore selling its controlling stake in the French television channel M6. Books in all formats have a bright future. [6] After World War II, Bertelsmann, under the leadership of Reinhard Mohn, went from being a medium-sized enterprise to a major conglomerate, offering not only books but also television, radio, music, magazines and services. [297] The speech led to a broad public debate and ultimately in 1998 to the establishment of an independent historical commission (IHC) by the group. Markus Harbaum [221] Since 2013, BMG has once again become a fully owned subsidiary of Bertelsmann. It is one of the world's largest media conglomerates and also active in the service sector and education. Earlier addresses were 457 Madison Avenue, New York 22, NY; 20 East 57th Street, New York 22, NY; and 201 East 50th Street, New York, NY 10022. Bertelsmann, dont une infime partie du capital est cotée en Bourse, possède 53% de Penguin Random House, éditeur de livres à succès tels que la série "Cinquante nuances de Grey". [83] Mark Wössner joined the supervisory board of the company and also became chairman of the Bertelsmann Stiftung. Starting in 1999, an Independent Historical Commission under the direction of historian Saul Friedländer researched Bertelsmann's history during the period of National Socialism. . The publishing program was gradually expanded to include philology, history, and youth literature, as well as mission literature. [273] In 2012, Bertelsmann created the additional so-called Group Management Committee, in order to advise the executive board in important matters. Its report on “Bertelsmann in the Third Reich” was published in 2002 by C. Bertelsmann Verlag. 1933-1945 The publishing house’s conservative Christian tradition is increasingly linked with Nationalist Socialist ideology in its program and corporate culture. [18] During World War II, the C. Bertelsmann Verlag became a leading supplier to the Wehrmacht,[19] even surpassing the central publishing house of the NSDAP Franz Eher. [44] In 1972, this company moved from Gütersloh to Munich. [210] The businesses in the United States have been sold in the meantime,[211] and in terms of revenue, Germany and France are the most important markets. [224] In 2019, BMG had revenues of €600 million. [91][92] In the year 2000, Bertelsmann dissolved its joint venture with AOL Europe. Bertelsmann, which includes in its holdings Penguin Random House, of course—the largest of the world’s Big Five publishers—is a fast conglomerate. [106][107] In order to finance additional growth of Bertelsmann, Thomas Middelhoff raised the idea of going public,[108] which led to fundamental disagreement with the Mohn family. [67] As a result, the group ascended to become a well-known international company, and Bertelsmann was temporarily the world's largest media group. Information about the international media enterprise and it's corporate divisions RTL Group, Penguin Random House, Gruner + Jahr, Arvato; detailed information for journalists in the Bertelsmann SE & Co. KGaA's Press Center as well as everything about Corporate Responsibility activities at Bertelsmann. [77][78] The multimedia division also included mediaWays and Pixelpark. [85][86][87] With this, the group advanced to become the largest publishing group in the English-speaking world. [199], In January 2016, Bertelsmann bundled its printing activities in digital, offset and gravure in the Bertelsmann Printing Group. Bertelsmann SE & Co. KGaA is managed by the Bertelsmann Management SE. [97][98], Under the leadership of Thomas Middelhoff,[99] Bertelsmann increased its involvement in the Internet,[100] whereby above all the investment in Napster received major media attention. [215] In 2014, Bertelsmann took over the company completely. [288][289] Bertelsmann has already been involved in China since 1992,[290] and today all divisions are represented there. [178], In 2019, Bertelsmann also boosted cooperation in the German content market by establishing the Content Alliance,[179] headed up by Julia Jäkel. [191][192] In 2015, with the RTL Digital Hub, the company launched a dedicated unit for web videos. [301] Historian Volker Ullrich proclaimed in the weekly Die Zeit that the notion of the company's being "a resistance publisher" was clearly baseless. 1. [47] Bertelsmann also encountered new regulatory rules in its home market, in particular through laws governing mergers. [190] The company runs a commercial private television and radio channels in several countries, including RTL and VOX in Germany. From 1975 to 1980, for example, the return on sales fell below one percent. [45] Key divisions remained in Gütersloh, for which a new office building was built in 1976 at the group's official location. [187] In 2016, Bertelsmann introduced a new structure of eight divisions:[188] RTL Group (television and radio), Penguin Random House (book publishing), Gruner + Jahr (magazines), BMG (music rights), Arvato (services), Bertelsmann Education Group (education), Bertelsmann Printing Group (printing) and Bertelsmann Investments (investments). [244][245] In 2019, the Bertelsmann Education Group generated sales of €333 million. [222][223] In 2016, BMG became a division of Bertelsmann. Part of Bertelsmann. [65] Sonopress, a company established in 1958 to manufacture records, was not part of the Bertelsmann Music Group, rather it was assigned to the print and industrial division. Visit other sites in the Penguin Random House Network. [296] This interpretation was severely criticized, for example, by publicist Hersch Fischler. [4][5], Bertelsmann was founded as a publishing house by Carl Bertelsmann in 1835. Bertelsmann now owns 100 percent of the shares in the world’s biggest trade publishing group, Penguin Random House, headquartered in New York. [129][130] Bertelsmann sold its shares of the record label Sony BMG,[131][132] and since then the company has operated under the name of Sony Music Entertainment. Brightly Raise kids who love to read TASTE An online magazine for today’s home cook LitFlash The eBooks you want at the lowest prices . 185 years after C. Bertelsmann Verlag was founded by the printer and bookbinder Carl Bertelsmann, our company will become the sole owner of the undisputed global market leader in book publishing. Bertelsmann combined its Random House book-publishing business with Pearson's Penguin Group in 2013, with the German company initially holding 53% of the resulting company and Pearson holding 47%. 1968 Eleven separate Bertelsmann publishing companies are organizationally grouped into Verlagsgruppe Bertelsmann (from 2001: Verlagsgruppe Random House). Penguin Random House comprises around 320 individual book publishing imprints on six continents, with more than 15,000 new publications and over 600 million books sold per year. [239] The business has been under pressure for years due to declining print editions. Thomas Rabe, Chairman and CEO of Bertelsmann and Chairman of the Board of Directors at Penguin Random House, said: “The completion of this transaction has a historic dimension for Bertelsmann. Our dedicated team of publishing professionals is committed to helping authors realize their very best work and to finding innovative new ways of bringing stories and ideas to audiences worldwide. [66] With Doubleday, another well-known publishing house was acquired. [156] In 2017, Bertelsmann also undertook moves to further strengthen its core business, among other things increasing its share in Penguin Random House from 53 to 75 percent. [170] OnCourse Learning offers continuing education and professional development by providing digital courses for healthcare and financial services clients. [212] Bertelsmann has had a stake in Gruner + Jahr since 1969. [79] In 1997, UFA merged with Compagnie Luxembourgeoise de Télédiffusion (CLT) to become a joint entertainment group based in Luxembourg. [153][154] In 2016, the printing business was bundled in the Bertelsmann Printing Group. Luxembourg Television channels RTL Télé Lëtzebuerg (HD) | RTL Zwee Television newscast RTL De Journal . In 2013, the company’s businesses, with their more than 111,000 employees, generated revenues of €16.4 billion. [303] In October 2002 the Bertelsmann conglomerate publicly expressed regret for its "conduct under the Nazis, and for later efforts to cover it up". Fiction, poetry and art came under the roof of Sigbert Mohn Verlag. 1977 Bertelsmann considerably expands its book business by taking over Goldmann Verlag and acquiring stakes in the publishers Plaza y Janes (Spain) and Bantam Books (U.S.). The general partner is a European stock corporation (Societas Europaea). [238] Be Printers is in turn a spin-off of Arvato, created in 2012, in order to consolidate the group's printing business. The C. Bertelsmann Verlag, originally specialized in theological literature, expanded its publications to include school and textbooks, and in the 1920s and 1930s increasingly entered into the field of light fiction. Bertelsmann is a German private multinational conglomerate corporation based in Gütersloh, North Rhine-Westphalia, Germany. A merger with Axel Springer, also planned at the time, for which a loan for millions had been taken out temporarily from Westdeutsche Landesbank,[41] failed in 1970. [12], The nucleus of the corporation is the C. Bertelsmann Verlag, a publishing house established in 1835 by Carl Bertelsmann in Gütersloh. We are proud of the creative diversity, publishing quality, and commercial and entrepreneurial strength of our book publishing business, to which many of the most popular authors from all over the world entrust their literary work.”, Thomas Rabe affirmed that Bertelsmann intends to develop Penguin Random House over the long term and with continuity: “We will ensure that our book business can continue to expand through organic growth and acquisitions in future, and remain a home for the world’s best creative talent. [32] Customers ordered books via subscription and in return received discounted prices. Bertelsmann is a media, services and education company that operates in about 50 countries. [195] The company is listed on the stock exchange and has been majority-owned by Bertelsmann since 2001. [15], During the Third Reich, the publishing house gained a prominent position with its affordable "Bertelsmann Volksausgaben" ("people's editions"). Coordinates: .mw-parser-output .geo-default,.mw-parser-output .geo-dms,.mw-parser-output .geo-dec{display:inline}.mw-parser-output .geo-nondefault,.mw-parser-output .geo-multi-punct{display:none}.mw-parser-output .longitude,.mw-parser-output .latitude{white-space:nowrap}51°54′29″N 8°25′09″E / 51.90806°N 8.41917°E / 51.90806; 8.41917, German multinational media, services and education company, It may require cleanup to comply with Wikipedia's content policies, particularly, Learn how and when to remove this template message, Compagnie Luxembourgeoise de Télédiffusion, International Financial Reporting Standards, "Thomas Rabe, Bertelsmann CEO: from punk rock to family values", "The World's Largest Media Corporations, 2015", Nordic Information Centre for Media and Communication Research, "Gütersloh Head Office Moves to New Premises", "Chronologie: Die Bertelsmann-Geschichte", "Chronik: Das rasante Wachstum des Bertelsmann-Verlags", Institute for Media and Communication Policy, "Die reichsten Deutschen: Der asketische Revolutionär", "Minderheitsbeteiligung und Joint-venture beschlossen", "Bertelsmann: Kein Groll wegen Time Warner + AOL", "Bertelsmann And America Online Announce Launch Of Strategic Global Alliance And Plan To Restructure Joint Ventures", "Bertelsmann will mit Multimedia Milliarden umsetzen", "Bertelsmann kauft die US-Verlagsgruppe Random House", "So Why Did Newhouse Sell Random House to Bertelsmann Boys? Information about the international media enterprise and it's corporate divisions RTL Group, Penguin Random House, Gruner + Jahr, Arvato; detailed information for journalists in the Bertelsmann SE & Co. KGaA's Press Center as well as everything about Corporate Responsibility activities at Bertelsmann. Random House Struik (with New Holland Publishers) | RH Mondadori | Verlagsgruppe Random House | Grupo Companhia das Letras (70%) V • T • E RTL Group. Comme je vous l’expliquais ici, Simon & Schuster est à vendre car la maison d’édition ne correspond plus au plan de la maison mère, ViacomCBS, qui a fait un gros pari sur la vidéo numérique. Analysis: if Bertelsmann, owner of Penguin Random House, buys US publisher, writers expect smaller deals and less choice for readers Last modified on … [174][175] One such example is the Ad Alliance, launched in 2017, in which Mediengruppe RTL Deutschland and Gruner + Jahr bundled the marketing of their advertising platforms. Penguin Random House is the world's largest trade book publishing group and it is comprised of nearly 250 editorially independent imprints. [217] In 2008, the company was created after the group divested from the music market. [46] To this day, it has remained the Bertelsmann headquarters, referred to as the Bertelsmann Corporate Center. [231][232] The main headquarters of Arvato is Gütersloh, and additional locations exist in 22 countries, including China and the United States.
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