Media conglom Bertelsmann owns a 75.1% stake in RTL Group, and Bertelsmann's CEO, Thomas Rabe, is also chair of RTL Group's board of directors. Its other businesses include book publishers Penguin…
LONDON — RTL Group, Europe's largest broadcasting network, has confirmed that its German division, Mediengruppe RTL Deutschland, is to launch a special interest pay TV channel, GEO, on May 8. The…
LONDON — Thomas Hesse, who oversaw media giant Bertelsmann's strategic shift to digital, has stepped down as prexy of corporate development and new businesses, and executive board member. Hesse, who…
LONDON — Net profit at Bertelsmann, Europe's biggest media company, rose 11% to €306 million ($405 million) in the first six months of this year. Revenue dropped 1.9% to €7.43 billion ($9.8 billion)…
Media giant Bertelsmann's decision to buy equity firm Kohlberg Kravis Roberts' 51% stake in their music joint venture BMG was one made at the right moment, according to BMG CEO Hartwig Masuch. The…
BERLIN — Pan-European broadcasting giant RTL Group, a major buyer of U.S. content, made a record €6 billion ($7.96 billion) in revenue last year, despite an increasingly tough economic environment…
German media giant Bertelsmann is considering a partial sale of its money-spinning pan-European broadcasting conglom, the RTL Group, to fund expansion.
BERLIN -- Experiencing a major rise from E.L. James' "Fifty Shades" trilogy, German media giant Bertelsmann enjoyed a dramatic surge in profit in the first half of the year.
German media giant Bertelsmann saw increases in sales and profit in the first half of the year.
Bertelsmann's chairman and CEO designate Hartmut Ostrowski unveiled bold plans to hike revenues at the pan-European media giant by splashing out some e7 billion ($10.28 billion) on growth over the…