Laura Hazard Owen
Aug 31, 2011 9:59 AM
2011 is widely believed to be a year of explosive growth for e-books, but few statistics are available yet for this year. However, here’s a pretty impressive stat from Random House: In the first half of 2011, digital sales accounted for over 20 percent of Random House’s revenues in the…
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Media & Publishing, Books, e-readers, bertelsmann, random house, smashing ideas
David Kaplan
May 5, 2011 11:32 AM
Bertelsmann AG has acquired digital media agency Smashing Ideas, Inc. for its Random House division. While the match between an established book publisher and a digital marketer seems curious at first glance, Random House and Smashing Ideas have been partners since last fall. Plus, the deal reflects the changes in…
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Apps, Marketing, Media & Publishing, Books, Money, M&A & Venture Capital, Mergers & Acquisitions, bertelsmann, random house, smashing ideas
Rafat Ali
Jul 7, 2009 11:58 PM
Bertelsmann, who all but exited out of music business when it sold its portion in Sony (NYSE: SNE) BMG back to Sony last year, is back in it: it is ramping up its new-ish music rights/publishing venture BMG Rights Management in a deal with PE firm Kohlberg Kravis Roberts &…
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Entertainment, Music, Money, M&A & Venture Capital, Venture Capital, Countries, Europe, Germany, bertelsmann, kkr
Patrick Smith
Mar 24, 2009 9:48 AM
After slashing the value of its RTL-owned broadcaster Five, German media group Bertelsmann’s saw its annual net profit slump by one third to €270 million (£250.2 million) in 2008. After writing off €337 million (£312 million) off Five’s value earlier this month, Bertelsmann also made similar “value adjustments” at RTL’s…
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Media & Publishing, TV, Companies, Five, Countries, Europe, Germany, bertelsmann
David Kaplan
Aug 5, 2008 7:22 AM
As expected, Sony Corp (NYSE: SNE). and Bertelsmann AG have reached an agreement that has Sony buying Bertelsmann’s 50 percent stake in Sony BMG for $1.2 billion (£613.8 million). The music company will be called Sony Music Entertainment Inc. and will become a wholly owned subsidiary of Sony Corporation of…
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Entertainment, Music, Money, M&A & Venture Capital, Mergers & Acquisitions, Companies, Sony, SonyBMG, Countries, Europe, Germany, bertelsmann, sony
Rafat Ali
Jun 13, 2008 10:16 PM
In the permutations being worked out for the sale of BMG part of music label SonyBMG, Bertelsmann is looking to retain a stake in the European part of the business, reports FT, citing sources. The company is looking to sell the 50 percent stake to Japanese company Sony (NYSE: SNE),…
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Entertainment, Music, Money, M&A & Venture Capital, Mergers & Acquisitions, Companies, Sony, SonyBMG, Countries, Europe, Germany, bertelsmann
Robert Andrews
Jun 11, 2008 4:08 AM
Finally, some meat on the bone of the “Bertelsmann wants to quit music” story. An unnamed source tells FT Deutschland the German media group wants to sell its 50 percent stake in Sony (NYSE: SNE) BMG to its JV partner for $1.5 billion within four to six weeks. It may…
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Entertainment, Music, Companies, Sony, SonyBMG, Countries, Europe, Germany, bertelsmann
Robert Andrews
Apr 24, 2008 2:59 AM
It’s the Wikipedia you’ll need Tipp-ex and a pen to edit. German publisher Bertelsmann says it will publish the first ever book based on entries from the online encyclopedia. Due September, the dead-tree tome will include summaries for the top 50,000 search terms of the last two years. There are…
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Countries, Europe, Germany, bertelsmann
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