Company Overview of Bertelsmann SE & Co. KGaA
Bertelsmann SE & Co. KGaA operates as a media, services, and education company worldwide. The company operates through five segments: RTL Group, Penguin Random House, Gruner + Jahr, Arvato, and Be Printers. The RTL Group segment operates as a European entertainment network. It owns and operates 57 television channels and 31 radio stations; and creates and produces primetime drama, serial drama, entertainment, factual, and comedy programming. The Penguin Random House segment publishes books in print, audio, and e-books in English, German, and Spanish languages. The Gruner + Jahr segment publishes magazines and digital offerings, including Stern, Brigitte, Geo, Capital, Gala, Eltern, P.M., Ess...
Founded in 1835
Key Executives for Bertelsmann SE & Co. KGaA
Chairman of the Executive Board and Chief Executive Officer
Chief Financial Officer and Member of The Executive Board
Member of the Executive Board and Chief Executive Officer of Arvato
Member of the Executive Board and Chief Executive Officer of Penguin Random House
Member of the Executive Board, Co-Chief Executive Officer of RTL Group and Chief Executive Officer of Mediengruppe RTL Deutschland
Compensation as of Fiscal Year 2016.
Bertelsmann SE & Co. KGaA Key Developments
Ownership Of Penguin Random House Poised To Change
Jan 30 17
Ownership of one of the world's biggest publishers is poised to change hands after Pearson plc (LSE:PSON) said recently that it planned to sell its 47% stake in Penguin Random House LLC. The most natural buyer is its partner, Bertelsmann SE & Co. KGaA which owns 53% of Penguin. In a recent statement, Bertelsmann said it was 'open' to buying Pearson's stake. Bertelsmann will have the chance to take full control of Penguin Random House and raise its exposure in the United States, an enormous book market that the German company deems core to its business. 'Strategically this would not only strengthen one of our most important content businesses, it would also once further strengthen our presence in the United States, our second-largest market,' said Thomas Rabe, Bertelsmann's Chairman and Chief Executive.
Bertelsmann Mulls Buying Pearson's Stake In Penguin Random House
Jan 26 17
Bertelsmann SE & Co. KGaA mulls buying Penguin Random House LLC from Pearson plc (LSE:PSON). Bertelsmann is poised to boost his 53% stake in Penguin Random House after partner Pearson said it plans to sell its 47% share. While Bertelsmann, controlled by Germany’s billionaire Mohn family, hasn’t laid out any specifics, Chief Executive Officer of Bertelsmann, Thomas Rabe says he’s interested in buying out Pearson.
Bertelsmann May Raise Stake In Penguin Random House
Jan 18 17
Bertelsmann SE & Co. KGaA may raise its stake in Penguin Random House LLC. "We are open to increasing our stake in Penguin Random House, provided the financial terms are fair," Bertelsmann Chief Executive Thomas Rabe said. Bertelsmann and Pearson plc (LSE:PSON) combined their book-publishing businesses in 2013. Also, Pearson plans to sell 47% stake in Penguin Random House. Bertelsmann holds 53% of Penguin Random House.
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