The possible sale of Bertelsmann Direct North America, and a revamped music publishing house for Sony BMG are just some of the likely topics on the agenda at the upcoming world meeting of the Bertelsmann media group.

The summit in Berlin on Wednesday and Thursday will gather all the managing directors and top executives for the Germany media group and its subsidiaries.

The new CEO of Bertelsmann, Hartmut Ostrowski, the head of the media giant's printing and media services division who succeeds incumbent Gunter Thielen from Jan. 1, 2008, will tell colleagues his strategy for the coming years, Bertelsmann insiders say. Ostrowski is known to place great strategic importance on concentrating on core operations.

Well-placed sources, meanwhile, say Bertelsmann and Sony will look to restructure their publishing business. CFO Thomas Rabe confirmed to that part of Sony BMG's strategy is to tie artists and composers more closely to the company. "We are making good progress and I am confident that over the next few weeks we will be able to report that we have completed what we set out to achieve," says Rabe.

The possible sale of the sluggish music, DVD and books club business in the U.S. could also be under consideration at the exec meeting, according to a report published in the Financial Times. And the fate of the American DVD dealer Columbia House might also be a point of discussion.

Ostrowski is also likely to voice his interest in buying the 10% of stock in RTL Group that the group does not already own. The stake in the listed company would go for up to €1.3 billion ($1.9 billion).

A Bertelsmann spokesman Andreas Grafemeyer says, "We do not wish to comment on such speculation."