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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. [50], The internationalization of Bertelsmann, initiated in the 1960s, was taken further:[51] Among other things, Bertelsmann acquired shares in the publishing houses Plaza & Janés[52] based in Barcelona and Bantam Books[53] from New York City. Two years later, Ariola, one of the most successful German record labels was launched,[36] and virtually at the same time, the Sonopress record pressing plant was established. 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). [234][235] It is Europe's largest player in the industry. [68] From 1995, there was a new business division of multimedia at Bertelsmann. [56] With this move, Bertelsmann, for the first time, was led by a manager who was not a member of the owner family. [212] Bertelsmann has had a stake in Gruner + Jahr since 1969. [133] In 2008, Bertelsmann acquired the rights to the Brockhaus Encyclopedia,[134] and from that time on, this reference work was published by the Wissen Media Verlag. [28] Reinhard Mohn, one of his three sons, took over the C. Bertelsmann Verlag, as Hans Heinrich Mohn had been killed in the war and Sigbert Mohn was still a prisoner of war. Random House Struik (with New Holland Publishers) | RH Mondadori | Verlagsgruppe Random House | Grupo Companhia das Letras (70%) V • T • E RTL Group. [21] Jewish slave laborers were not forced to work in Gütersloh, but in printing plants in Lithuania with which the C. Bertelsmann Verlag cooperated. [221] Since 2013, BMG has once again become a fully owned subsidiary of Bertelsmann. [88] Random House was merged with Bantam Doubleday Dell,[89] and the global headquarters of all Bertelsmann publishing houses were relocated to New York City. [295] Thomas Middelhoff portrayed Bertelsmann as one of the few non-Jewish media companies shut down by the National Socialists because it allegedly published subversive literature. [300] The company's "shut-down as a publisher of the resistance" could not be proven. [257][258] This move was not ultimately implemented, however. [67] As a result, the group ascended to become a well-known international company, and Bertelsmann was temporarily the world's largest media group. [64] In 1986, Bertelsmann acquired a majority in RCA Records and merged its activities in the music market with the new Bertelsmann Music Group. Carl Bertelsmann was a representative of the "Minden-Ravensberger Erweckungsbewegung", a Protestant revival movement, whose writings he published. [138][139], In 2013, Bertelsmann floated part of its shares in the RTL Group on the stock exchange,[140][141] in order to finance additional growth from the proceeds of the sale. Penguin books are seen in a used bookshop in central London October 29, 2012. [45] Key divisions remained in Gütersloh, for which a new office building was built in 1976 at the group's official location. [42], Starting in 1971, Bertelsmann operated as a joint-stock company ("Aktiengesellschaft" or "AG"), becoming Bertelsmann AG. [199], BMG is a music publishing company based in Berlin. [275][276] Bertelsmann SE & Co. KGaA and Bertelsmann Management SE each have a supervisory board that oversees the management. Over the course of 20 months, I had the opportunity to work on data projects in different divisions of Bertelsmann such as Gruner + Jahr, RTL Group, Penguin Random House and Arvato, working from offices in Cologne, Amsterdam, New York, London and Toronto. [182], In November 2020, it has been reported that Bertelsmann will acquire the American publisher Simon & Schuster from ViacomCBS for more than $2 billion. 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%. [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"). Bertelsmann is the majority owner of the merged company Penguin Random House, with a 53-percent stake, while Pearson owns 47 percent. [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. [47] Bertelsmann also encountered new regulatory rules in its home market, in particular through laws governing mergers. Starting in 1999, an Independent Historical Commission under the direction of historian Saul Friedländer researched Bertelsmann's history during the period of National Socialism. [199], The Bertelsmann Investments division bundles Bertelsmann's startup investments. [31] Under these conditions, in 1950 Bertelsmann launched the Lesering (book club) to stimulate sales. 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. [68], In the financial year of 1990/1991, Bertelsmann had over 45,000 employees and reached sales of 14.5 billion Deutsche Mark annually. The Globe and Mail reports, "After years existing in semi-captivity, Canada’s most storied independent publishing house has merged fully into the multinational behemoth known as Bertelsmann AG, owner of Random House and its affiliates, the world’s largest trade book publisher." [296] This interpretation was severely criticized, for example, by publicist Hersch Fischler. market. [261][262] Since 2001, the company has prepared its financial statements according to International Financial Reporting Standards.[263]. [205] Penguin Random House has its main headquarters in the Penguin Random House Tower in New York City. [199], In January 2016, Bertelsmann bundled its printing activities in digital, offset and gravure in the Bertelsmann Printing Group. [82] Thomas Middelhoff had previously already been a member of the management board of the multimedia division. Bertelsmann is a media, services and education company that operates in about 50 countries. Its lobby showcases floor-to-ceiling glassed-in bookcases filled with books published by the company's many imprints. After the start of World War II, the publisher – as the largest supplier of books to the German Armed Forces – generates profits primarily with the sale of “Feldpost” army editions. Outre-Rhin, les hypothèses fusent quant au rachat de Penguin Random House par Bertelsmann, copropriétaire du groupe international à 53 % avec Pearson, qui en détient 47 %. [26][27], After World War II, the company portrayed itself to the Allied Control Authority as a Christian publisher that was part of the resistance to Nazism and allegedly persecuted. [164] The heads of the division's individual "Solution Groups" have reported directly to members of the Bertelsmann Executive Board ever since. [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. December 8, 2017. [61][62] In particular, this involved business development and controlling. [118] In the 2003 financial year, Bertelsmann announced that it was investing its music business in a joint venture with Sony. [193] In addition, production companies, such as Fremantle, are part of the RTL Group. Pearson and Bertelsmann intend that the combined organisation’s level of organic investment in authors and new product models will exceed the total investment of Penguin and Random House … [251] In 2019, sales reached €13 million. [181] The Bertelsmann Content Alliance develops joint formats and delivers a full range of products and services for creative professionals. [33] The business increasingly shifted from the publishing house to the sale of books, which was decisive to further growth. The company has 126,000 employees and generated revenues of €18.0 billion in the 2019 financial year. The C. Bertelsmann Verlag focused on nonfiction books, in particular dictionaries, guidebooks, reference books and journals. 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. [199], The Bertelsmann Education Group is dedicated to the education sector. Random House Struik (with New Holland Publishers) | RH Mondadori | Verlagsgruppe Random House | Grupo Companhia das Letras (70%) V • T • E RTL Group. The full acquisition of Penguin Random House announced in December 2019 was approved by the European Union by way of a simplified procedure in mid-March, and subsequently also by the Austrian competition authorities. 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 . [199], Gruner + Jahr is an internationally operating magazine publisher based in Hamburg. [220] In 2009, Kohlberg Kravis Roberts came on board with BMG, retaining a 51% majority in the company, and Bertelsmann held 49%. [101][102] The aim of the acquisition, among other things,[103] was to stem the illegal spread of copyrighted material. [298] This was headed by Saul Friedländer, and additional members were Norbert Frei, Trutz Rendtorff and Reinhard Wittmann. [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. [142][143] In the year 2013, Penguin Random House became the world's largest publishing company. 301 talking about this. [22][23] In 1944, the Reichsschrifttumskammer (Reich Chamber of Literature) closed the publishing house to "mobilize all powers for victory". [222][223] In 2016, BMG became a division of Bertelsmann. [273] In 2012, Bertelsmann created the additional so-called Group Management Committee, in order to advise the executive board in important matters. [121] With this transaction, the stakeholders sought to respond to declining sales in the music market. [168], The growing education business was strengthened in 2018 through the acquisition of the U.S. provider OnCourse Learning,[169] one of the Group's biggest deals in the U.S. [94] In the same year, Bertelsmann and Pearson formed the RTL Group from their TV subsidiaries. [185], Bertelsmann is a decentralized organization. 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.). In 2013, the company’s businesses, with their more than 111,000 employees, generated revenues of €16.4 billion. Bertelsmann owned Random House before acquiring Penguin from Pearson, the former owner of the Financial Times, forming Penguin Random House as a … . [239] The business has been under pressure for years due to declining print editions. [274] Some members of the media noted that a relatively large number of women have been appointed to the Group Management Committee. 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. [215] In 2014, Bertelsmann took over the company completely. Prior to the 2020 Bertelsmann deal, Pearson still owned a 25 percent stake of Penguin Random House. [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. [83] Mark Wössner joined the supervisory board of the company and also became chairman of the Bertelsmann Stiftung. [199], Penguin Random House is the world's largest book publishing company. [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. [186] This means that the divisions largely work independently. The current status of the logo is active, which means the logo is currently in use. Penguin Random House ist der weltweit größte Publikumsverlag für Bücher. 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". [76] Prior to that, Bertelsmann had already acquired a direct share in America Online. Lors de la fusion, en 2012, entre la filiale Penguin de Pearson et l'éditeur Random House, propriété de Bertelsmann, Pearson avait acquis 47% des parts, tandis que Bertelsmann détenait 53% des actions. [153][154] In 2016, the printing business was bundled in the Bertelsmann Printing Group. 1835                Carl Bertelsmann, a printer and bookbinder, founds C. Bertelsmann Verlag in 1835. Thomas Rabe welcomed Salman Rushdie, one of Penguin Random House’s most renowned authors, to Bertelsmann Unter den Linden 1 in Berlin last Friday, December 1. It is a division of Bertelsmann AG, one of the foremost media companies in the world.. Penguin Random House LLC assumed its current form with its acquisition by Bertelsmann in 1998, which brought together the imprints of the former Penguin Random House LLC with those of the former Bantam Doubleday Dell. Nihar joined Penguin Random House’s majority shareholder, Bertelsmann, in 2001 as part of its Bertelsmann Entrepreneurs Program. The international media, services, and education company has completed the acquisition of the remaining 25-percent stake from co-shareholder Pearson after receiving all necessary regulatory approvals. From 2001, Random House is the shared name of Bertelsmann… Profits plummeted after 2006, and declined further over 2007 and 2008; 2009 was a loss making year. 2020                Bertelsmann increases its stake in Penguin Random House to 100 percent and becomes sole owner of the world's largest trade publishing group. Part of Bertelsmann. Bertelsmann est en quête d'un partenaire, vraisemblablement un fonds d'investissement, pour l'aider à racheter le solde de Penguin Random House au cas où Pearson voudrait... | 1 avril 2021 [194] In January 1997, Bertelsmann merged the UFA film and television company with Compagnie Luxembourgeoise de Télédiffusion (CLT). After it became known that erroneous, or at least inadequate, statements had been made, Heinrich Mohn stepped down as the head of the publishing house. [17] Heinrich Mohn belonged to the patrons' circle of the SS and sought to turn his company into a National Socialist model enterprise. [207] In 2019, the company achieved sales of €3.636 billion. Bertelsmann announced in Gütersloh that the group is buying shares worth $675 million (€605.3 million) from its British co-shareholder Pearson. Last year, 496 of the publishing group’s titles made the “New York Times” bestseller lists; more than 80 Penguin Random House authors are Nobel laureates. It spans media, services, and education units with operations in some 50 nations and approximately 117,000 employees. [301] Historian Volker Ullrich proclaimed in the weekly Die Zeit that the notion of the company's being "a resistance publisher" was clearly baseless. [128], In 2008, Hartmut Ostrowski was appointed chairman and chief executive officer. The three foundations, Bertelsmann Stiftung, Reinhard Mohn Stiftung and BVG Stiftung, together own 80.9%. [195] The company is listed on the stock exchange and has been majority-owned by Bertelsmann since 2001. [171] Bertelsmann, itself a strong advocate of lifelong learning, donated tens of thousands of Udacity scholarships in 2017 and 2019 to enable the advanced training of talented participants, in fields including Big Data, cloud computing and artificial intelligence. 183 talking about this. [202] 250 publishing houses on five continents are part of the company, including Random House and Penguin Books, but also Doubleday, Knopf and Viking. [69] After the German reunification and the end of the Cold War, Bertelsmann also expanded to East Germany, as well as into Central and Eastern Europe. Following the acquisition of the remaining 25% from Penguin Random House, Bertelsmann will become the sole owner of the world's largest publishing group in the new year. In the 1970s, financing requirements reached their peak. At the same time, there was an increasing saturation of the German market for the Bertelsmann Lesering,[49] whereas the foreign book clubs earned the lion's share of revenues in this corporate division. 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. [122][123] In addition, Gunter Thielen initiated the buyback of the shares from Groupe Bruxelles Lambert, so that the Mohn family regained complete control of Bertelsmann from 2006. [85][86][87] With this, the group advanced to become the largest publishing group in the English-speaking world. [29] In 1947, the Allies finally granted the company a publishing license. The merger of CLT-UFA with Pearson TV in the year 2000 marked the beginning of the RTL Group. It spans media, services, and education units with operations in some 50 nations and approximately 117,000 employees. [172][173], Bertelsmann has promoted stronger cooperation among its corporate divisions and has also opened up towards collaboration with other media houses. Începând din 2013 face parte din grupul editorial Penguin Random House, care este deținut în comun de conglomeratul media german Bertelsmann … [57] Mark Wössner became Fischer's successor as chairman and chief executive officer of Bertelsmann in 1983. [198] In 2019, sales of the RTL Group were €6.651 billion. Together, they own 100 percent in the general assemblies of the group company (Bertelsmann SE & Co. KGaA) and its general partner (Bertelsmann Management SE). [279] In addition to the typical facilities, the headquarters in Gütersloh also feature the Bertelsmann University, an academic institution for Bertelsmann executives. [84], This management change coincided with the takeover of Random House. Read it Forward Read it first. [269] Today, according to Bertelsmann, the Mohn family holds 19.1% of the shares. 2013                On July 1, Bertelsmann und Pearson combine their book publishing businesses – Random House and Penguin Group – into the world’s biggest trade publishing group. [199], Arvato is an international service provider. [176] The marketing arms of the Spiegel publishing house, Axel Springer, and Funke Mediengruppe have since joined the Ad Alliance as well;[177] its portfolio reaches over 99 percent of the German population. [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. The publisher's main office in the United States is located at 1745 Broadway in Manhattan, in the 684-foot - 210 m Penguin Random House Tower, completed in 2009 and spanning the entire west side of the block between West 55th Street and West 56th. [7] Its principal divisions include the RTL Group, Penguin Random House, Gruner + Jahr, BMG, Arvato, the Bertelsmann Printing Group, the Bertelsmann Education Group and Bertelsmann Investments. [114][115] Gruner + Jahr sold the Berliner Zeitung,[116] and the scientific publisher, BertelsmannSpringer,[117] was spun off. 1998                Bertelsmann acquires the American publisher Random House, with an author roster including Truman Capote, John Irving, Philip Roth, John le Carré, Michael Crichton, Salman Rushdie, Anne Rice, and Margaret Atwood. 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.

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