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  September 5, 2001
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Home > Company Index > Media > Media - Major Diversified > Bertelsmann AG

Bertelsmann AG
 NEWS FROM THE STANDARD
MP3.com Gets Su-Su-Sued Again
Aug 23 2001 09:23 AM PDT

Soccer Furor Erupts in Germany
Aug 09 2001 07:42 AM PDT

Source: MusicNet, Pressplay Probe Began Months Ago
Aug 07 2001 03:23 PM PDT

Justice Department Shines Its Antitrust Spotlight on Music Labels
Aug 06 2001 10:48 AM PDT

Study: Online Music Should Go Hollywood
Aug 01 2001 03:19 PM PDT

 PROFILE
Bertelsmann is so big, it needs space in your bookcase, CD rack, and magazine stand. One of the world's largest media conglomerates, Bertelsmann has operations in nearly 60 countries engaged in printing and publishing, music distribution, and broadcasting. It owns #1 trade publisher Random House and music company BMG Entertainment. It also has a 75% stake in publisher Gruner + Jahr ("Stern, Family Circle") and owns 67% of RTL Group, Europe's #1 over-the-air broadcaster. In addition, Bertelsmann owns a number of book and music clubs, as well as online retail channels. Carl Bertelsmann founded the company in 1835. His descendants, the Mohn family, and Bertelsmann executives control the company. Groupe Bruxelles Lambert owns a 25% stake.

 COMPETITION
AOL Time Warner Inc. (AOL)
Axel Springer Verlag AG (SPR)
The Walt Disney Company (DIS)

 DEALS
Deal: AOL Time Warner, Bertelsmann, EMI and RealNetworks Team Up for Music Service
Date Announced: 04.02.01
Value of transaction (US $Mil): 0
Description: Music and media giants partner to create MusicNet, which will combine downloadable and streaming music via a subscription service.

Search all deals for this company

 FINANCIAL OVERVIEW
Fiscal Year-End: June
2000 Sales (mil.): 15,784.90
1-Yr. Sales Growth: 15.0%
Employees: 76,257
Revenue per employee: $206,996.08

 KEY PEOPLE
• Thomas Middelhoff
    CEO
• Siegfried Luther
    CFO

 CONTACT INFO
Carl-Bertelsmann-Strasse 270
D-33311 Gütersloh, Germany
Phone: 49-52-41-80-0
Fax: 49-52-41-751-66
Online: Web Site

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