Direct Group

  1. Bertelsmann Turns 175

    July 01, 2010 12:00 AM EDT The international media group Bertelsmann is celebrating its 175 anniversary. On July 1, 1835 the printer and bookbinder Carl Bertelsmann founded the C. Bertelsmann Verlag publishing company in Guttersloh, a town in the Westphalia region of German ...

  2. Bertelsmann Revenue Inches Up

    May 12, 2010 12:00 AM EDT The German media group Bertelsmann reports an operating EBIT that rose to €284 million ($360.9 million) in Q1 2010, more than twice the figure for Q1 2009, which totaled €115 million ($146.1 million). First-quarter revenues were up slightly year-o ...

  3. BMG Rights Management's Revenue Target Revealed

    September 01, 2009 12:00 AM EDT BMG Rights Management will be generating revenues of around €10 million ($14.3 million) in the first year in business, according to Thomas Rabe, CFO at Bertelsmann AG, in an interview with Billboard.biz. "As there is an accounting cycle of be ...

  4. Bertelsmann Execs Waive Bonuses

    March 24, 2009 12:00 AM EDT Bertelsmann recorded a solid business performance in 2008, according to chairman and CEO Hartmut Ostrowski, who announced the results in Berlin. At the press conference today (March 24), Ostrowski said that as the German media company expects the ...

  5. Bertelsmann Sells Music Club Unit

    July 11, 2008 12:00 AM EDT Even as Bertelsmann A.G. considers selling its stake in Sony BMG Music Entertainment, the media giant has agreed to sell its Direct Group North America unit to Najafi Cos., a Phoenix-based private equity firm. Terms of the deal were not disclosed, ...

  6. Carro Rises At Bertelsmann's Direct Group

    September 03, 2007 12:00 AM EDT Bertelsmann has appointed Fernando Carro as CEO of its Direct Group as part of a reorganization of the division, which comprises book clubs, music clubs and e-commerce. Carro, who has held executive positions at Direct Group -- including MD at the ...

  7. Bertelsmann Profit Up; Eyes Purchases

    September 08, 2004 12:00 AM EDT Bertelsmann, the world's fourth-largest media group, is looking for acquisitions which could include part of the British Broadcasting Corporation, after its music and TV units helped triple half-year Bertelsmann, the world's fourth-large ...

  8. Bertelsmann Profit Up; Eyes Purchases

    September 08, 2004 12:00 AM EDT Bertelsmann, the world's fourth-largest media group, is looking for acquisitions which could include part of the British Broadcasting Corporation, after its music and TV units helped triple half-year Bertelsmann, the world's fourth-large ...