overview
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Bertelsmann
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Bertelsmann
[Under
Development]
The Gutersloh (Germany) based Bertelsmann empire originated in the 19th century as a
Bible publisher, traditionally one of the more profitable
specialisations.
It is now the second- or third-largest global media empire
in yerms of revenue. It has over 76,000 employees. Its holdings encompasses book and magazine
publishing, film and music recording, online services and
other interests. Sales in 1998 were US$16.4 billion (73%
outside Germany). Bertelsmann operates in the EU, North
and South America, Africa and Asia.
In February 2001 it announced plans to take a controlling stake
in RTL, the Luxembourg-based broadcaster (22 television
stations and 18 radio stations across Europe). That's seen
as a precursor to listing on the major exchanges, diluting
ownership by the Mohn family and the Bertelsmann
Foundation.
The group publishes over 400 general magazines and
specialist journals, has substantial newspaper interests
and owns the BMG recording giant.
Holdings
The following page
provides an inventory of
Bertelsmann
holdings.
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