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Its success marks the beginning of a new era in the company’s history and creates the foundation for the company's rise to become the global media, services and education group it is today. It spans media, services, and education units with operations in some 50 nations and approximately 117,000 employees. Penguin Random House’s renowned author roster includes John Grisham, Dan Brown, Barack and Michelle Obama, and Toni Morrison. Bertelsmann is a media, services and education company that operates in about 50 countries. In 2013, the company’s businesses, with their more than 111,000 employees, generated revenues of €16.4 billion. [252] Subsequently, the company was transformed into a partnership limited by shares (Kommanditgesellschaft auf Aktien). [135] At the end of 2011, Hartmut Ostrowski suddenly announced that he was leaving Bertelsmann for unspecified personal reasons. Their publishing independence remains unaffected. 185 years after C. Bertelsmann Verlag was founded by the printer and bookbinder Carl Bertelsmann, our company will become the sole owner of the undisputed global market leader in book publishing. [4][5], Bertelsmann was founded as a publishing house by Carl Bertelsmann in 1835. Verlagsgruppe Random House becomes part of Penguin Random House; Bertelsmann CEO Thomas Rabe: “A milestone for Bertelsmann” The international media, services, and education company Bertelsmann is to become the sole owner of Penguin Random House, the world’s largest trade publishing group. Profits recovered to some extent across the next five years but remained weak until 2015. [224] In 2019, BMG had revenues of €600 million. Starting in 1999, an Independent Historical Commission under the direction of historian Saul Friedländer researched Bertelsmann's history during the period of National Socialism. Lors de la fusion, en 2012, entre la filiale Penguin de Pearson et l'éditeur Random House, propriété de Bertelsmann, Pearson avait acquis 47% des parts, tandis que Bertelsmann détenait 53% des actions. [259][260] Today, Bertelsmann is a company active in capital markets, issuing bonds, for example. Bertelsmann disposera désormais de 75% des parts de Penguin Random House, entreprise anglo-saxonne - dont ne fait pas partie Random House Allemagne - qui regroupe 250 maisons d'édition, publiant plus de 15.000 nouveautés chaque année et générant 3,4 milliards de dollars (3 milliards d'euros) de chiffre d'affaires. [72] In 1993, Reinhard Mohn transferred the majority of capital shares to the Bertelsmann Stiftung and assumed its chairmanship. Part of Bertelsmann. [298] This was headed by Saul Friedländer, and additional members were Norbert Frei, Trutz Rendtorff and Reinhard Wittmann. The group is merged with Bantam Doubleday Dell. [236] The corporate group is located in Gütersloh. Brightly Raise kids who love to read TASTE An online magazine for today’s home cook LitFlash The eBooks you want at the lowest prices . [56] With this move, Bertelsmann, for the first time, was led by a manager who was not a member of the owner family. In 1956, the company entered the music market with the Bertelsmann Schallplattenring (record club). [271][272] Other members of the executive board include Markus Dohle, Immanuel Hermreck, Bernd Hirsch and Anke Schäferkordt. This position reports to the VP, Director of Publicity and Marketing and will lead media campaigns, as well as partner on overall group strategies, to bring the imprints' publications to the largest possible readership. [21] Jewish slave laborers were not forced to work in Gütersloh, but in printing plants in Lithuania with which the C. Bertelsmann Verlag cooperated. The nucleus of the corporation is the C. Bertelsmann Verlag, a publishing house established in 1835 by Carl Bertelsmann in Gütersloh. Together, they own 100 percent in the general assemblies of the group company (Bertelsmann SE & Co. KGaA) and its general partner (Bertelsmann Management SE). Verlagsgruppe Random House was established after Bertelsmann's 1998 acquisition of Random House, grouping its German imprints (until then operating as Verlagsgruppe Bertelsmann) under the new name; before April 2020, it has explicitly no legal part of the worldwide Penguin Random House company and a hundred percent subsidiary of Bertelsmann instead but de facto is led by the same management. [199], Gruner + Jahr is an internationally operating magazine publisher based in Hamburg. Random House, filiale d'édition du groupe Bertelsmann, annonce un chiffre d'affaires de 947 millions d'euros pour le premier semestre 2012, contre 787 millions d'euros pour la même période de 2011, et Britain's Pearson has agreed to merge its Penguin book division with Bertelsmann's Random House … Our dedicated team of publishing professionals is committed to helping authors realize their very best work and to finding innovative new ways of bringing stories and ideas to audiences worldwide. [30] After currency reform in 1948, there was a market slump in the book trade that also led to the next existential crisis for the C. Bertelsmann Verlag. [267][268] Moreover, this strategy was intended to preserve the continuity of the company. Bertelsmann est en quête d'un partenaire, vraisemblablement un fonds d'investissement, pour l'aider à racheter le solde de Penguin Random House au cas où Pearson voudrait... | 1 avril 2021 John Fallon prepares to retire next year. [181] The Bertelsmann Content Alliance develops joint formats and delivers a full range of products and services for creative professionals. A lawsuit concerning illegal procurement of paper stocks, and the mobilization of the entire German economy, led to the closure of C. Bertelsmann Verlag in 1944. [203] The German Verlagsgruppe Random House (Goldmann, Heyne and others), based in Munich, is not part of Penguin Random House,[204] yet it does belong to the same division at Bertelsmann. [162][163], Arvato was aligned more closely with the Group through changes in management, among other measures. The C. Bertelsmann Verlag focused on nonfiction books, in particular dictionaries, guidebooks, reference books and journals. This combination promotes first-class media content and innovative service solutions that inspire customers around the world. [297] The speech led to a broad public debate and ultimately in 1998 to the establishment of an independent historical commission (IHC) by the group. × Become a Member Start earning points for buying books! Bertelsmann, which includes in its holdings Penguin Random House, of course—the largest of the world’s Big Five publishers—is a fast conglomerate. [17] Heinrich Mohn belonged to the patrons' circle of the SS and sought to turn his company into a National Socialist model enterprise. [194] In January 1997, Bertelsmann merged the UFA film and television company with Compagnie Luxembourgeoise de Télédiffusion (CLT). Visit other sites in the Penguin Random House Network. [39][40] In 1969, Bertelsmann acquired shares in the magazine publisher Gruner + Jahr. The privately held company is co-owner of Penguin Random House… [225] At that time, the print and industry sectors at Bertelsmann were restructured, whereby services received a higher priority than the print and machinery sector back then. [28] Reinhard Mohn, one of his three sons, took over the C. Bertelsmann Verlag, as Hans Heinrich Mohn had been killed in the war and Sigbert Mohn was still a prisoner of war. Marta is currently Data Scientist at Mediengruppe RTL Deutschland in Cologne. [155], Bertelsmann diversified its base in 2016 by introducing a structure consisting of eight divisions. The chairman of the executive board of Bertelsmann Management SE is Thomas Rabe. A merger with Axel Springer, also planned at the time, for which a loan for millions had been taken out temporarily from Westdeutsche Landesbank,[41] failed in 1970. The holding handles central tasks, in the field of corporate finance, for example. [183] In December 2020, Bertelsmann entered talks to sell the French magazine publisher Prisma Media, a division of Gruner + Jahr, to Vivendi. Bertelsmann acquired the remaining stake for a total of $675 million. The group’s numerous bestsellers include: “50 Shades of Grey,” “The Girl on the Train,” and the “Game of Thrones” series. Bertelsmann, which includes in its holdings Penguin Random House, of course—the largest of the world’s Big Five publishers—is a fast conglomerate. 281 talking about this. 1977                Bertelsmann considerably expands its book business by taking over Goldmann Verlag and acquiring stakes in the publishers Plaza y Janes (Spain) and Bantam Books (U.S.). [291] In India, Bertelsmann is focused on growth in the e-commerce sector, among others.[292][293]. [243] The acquisition of Relias Learning in 2014 formed the cornerstone for the Bertelsmann Education Group and was the largest acquisition by Bertelsmann since the purchase of Random House. Bertelsmann is a German private multinational conglomerate corporation based in Gütersloh, North Rhine-Westphalia, Germany. The BMG catalog encompasses rights to works by artists such as Céline Dion, Jennifer Lopez, Ronan Keating and Britney Spears. Pearson is selling its remaining 25% stake in Penguin Random House to Bertelsmann, as its c.e.o. [206] Since 2020, Bertelsmann owns 100% of the company. Bertelsmann announced in Gütersloh that the group is buying shares worth $675 million (€605.3 million) from its British co-shareholder Pearson. [101][102] The aim of the acquisition, among other things,[103] was to stem the illegal spread of copyrighted material. Bertelsmann is the majority owner of the merged company Penguin Random House, with a 53-percent stake, while Pearson owns 47 percent. [81] In 1998, Thomas Middelhoff succeeded Mark Wössner as Bertelsmann's chairman and chief executive officer. [195] The company is listed on the stock exchange and has been majority-owned by Bertelsmann since 2001. [96] Later, Bertelsmann secured the majority of the shares in RTL through a share swap with the Groupe Bruxelles Lambert (GBL), which as a result owned 25.1% of Bertelsmann. Bertelsmann now owns 100 percent of the shares in the world’s biggest trade publishing group, Penguin Random House, headquartered in New York. [199], BMG is a music publishing company based in Berlin. [97][98], Under the leadership of Thomas Middelhoff,[99] Bertelsmann increased its involvement in the Internet,[100] whereby above all the investment in Napster received major media attention. La transaction initiée par le groupe Pearson pour se séparer de 22 % du supergroupe d'édition Penguin Random House, récupéré par le groupe allemand Bertelsmann, est désormais effective. [294] It was precipitated by a speech given by the chairman and chief executive officer, Thomas Middelhoff, on the occasion of his receiving the Vernon A. Walters Award 1998 in New York City. 1. [24] Another essential reason for this was criminal paper racketeering by some publisher's employees,[25] which led to a trial in 1944. [118] In the 2003 financial year, Bertelsmann announced that it was investing its music business in a joint venture with Sony. [136][137] In 2012, Bertelsmann went from being an AG to its current incorporation as a partnership limited by shares ("Kommanditgesellschaft auf Aktien" or "KGaA"), with the general partner being a European stock corporation ("Societas Europaea" or "SE"). [244][245] In 2019, the Bertelsmann Education Group generated sales of €333 million. [142][143] In the year 2013, Penguin Random House became the world's largest publishing company. Outre-Rhin, les hypothèses fusent quant au rachat de Penguin Random House par Bertelsmann, copropriétaire du groupe international à 53 % avec Pearson, qui en détient 47 %. [274] Some members of the media noted that a relatively large number of women have been appointed to the Group Management Committee. Ties to National Socialist organizations were initially denied. December 8, 2017. Fiction, poetry and art came under the roof of Sigbert Mohn Verlag. Books in all formats have a bright future. [77][78] The multimedia division also included mediaWays and Pixelpark. In 2017, Bertelsmann increased its stake to 75 percent. [151] The Club Bertelsmann was wound up,[152] and individual distribution partners are taking legal action against it. [55] In 1981, he finally moved over to the supervisory board. [125][126][127] During the tenure of Gunter Thielen, the number of employees at Bertelsmann exceeded 100,000 for the first time. Bertelsmann combined its Random House book-publishing business with Pearson's Penguin Group in 2013, with the German company initially holding 53% of the resulting company and Pearson holding 47%. [90] In 1999, Bertelsmann acquired the publisher Springer Science+Business Media, which, among other things, was the market leader for mathematics and physics. [95] Bertelsmann initially owned a minority in the company, and gradually built up its share. Pearson and Bertelsmann intend that the combined organisation’s level of organic investment in authors and new product models will exceed the total investment of Penguin and Random House … With the completion of the share acquisition, the German-language Verlagsgruppe Random House is also being integrated into Penguin Random House. The program during the first 100 years of the publisher’s history was dominated by the Protestant Christian tradition. Head of Communications Content, Bertelsmann SE & Co. KGaACarl-Bertelsmann-Straße 27033311 Gütersloh, Phone: +49 (0) 5241-80-0Fax: +49 (0) 5241-80-62321, Bertelsmann Completes Full Acquisition of Penguin Random House - Bertelsmann SE & Co. KGaA, Special: Full acquisition Penguin Random House. [59][60], Mark Wössner brought the subsidiaries closer to headquarters in Gütersloh. [251] In 2019, sales reached €13 million. In 2018, Bertelsmann’s book division generated total revenues of €3.4 billion and an operating profit of €528 million. Bertelsmann owned Random House before acquiring Penguin from Pearson, the former owner of the Financial Times, forming Penguin Random House as a … Its centerpiece was AOL Europe,[75] a joint venture of America Online and Bertelsmann. [242] It includes, for example, the Alliant International University and Relias Learning. Profits plummeted after 2006, and declined further over 2007 and 2008; 2009 was a loss making year. [32] Customers ordered books via subscription and in return received discounted prices. The merger of CLT-UFA with Pearson TV in the year 2000 marked the beginning of the RTL Group. [233] In 2019, sales of Arvato reached a volume of €4.175 billion. It includes the broadcaster RTL Group, the trade book publisher Penguin Random House, the magazine publisher Gruner + Jahr, the music company BMG, the service provider Arvato, the Bertelsmann Printing Group, the Bertelsmann Education Group and Bertelsmann Investments, an international network of funds. Through acquisitions, Penguin Random House subsequently becomes the number one in the Spanish-language literature market, among others. [190] The company runs a commercial private television and radio channels in several countries, including RTL and VOX in Germany. 1986                Bertelsmann buys the American publisher Doubleday and a year later combines its U.S. publishers into the Bantam Doubleday Dell Publishing Group. Penguin Random House is the leading adult and children's publishing house in North America, the United Kingdom and many other regions around the world. C’est Penguin Random House, filiale de l’allemand Bertelsmann, qui rachète l’américain. Penguin books are seen in a used bookshop in central London October 29, 2012. [284], Worldwide, with all divisions, Bertelsmann has almost 350 locations. [191][192] In 2015, with the RTL Digital Hub, the company launched a dedicated unit for web videos. [138][139], In 2013, Bertelsmann floated part of its shares in the RTL Group on the stock exchange,[140][141] in order to finance additional growth from the proceeds of the sale. [88] Random House was merged with Bantam Doubleday Dell,[89] and the global headquarters of all Bertelsmann publishing houses were relocated to New York City. 40 talking about this. [43] The increasingly diversifying book publishers were bundled in the Verlagsgruppe Bertelsmann publishing group at the end of the 1960s. From 1975 to 1980, for example, the return on sales fell below one percent. [199], In January 2016, Bertelsmann bundled its printing activities in digital, offset and gravure in the Bertelsmann Printing Group. Read it Forward Read it first. Random House Struik (with New Holland Publishers) | RH Mondadori | Verlagsgruppe Random House | Grupo Companhia das Letras (70%) V • T • E RTL Group. [66] With Doubleday, another well-known publishing house was acquired. [253] Bertelsmann's rationale for this move, among others, was the aim of opening up for investors,[254] thus enabling them to participate in the financing of additional growth. In unseren mehr als 40 Einzelverlagen erscheinen jährlich bis zu 2.500 Bücher, Hörbücher und digitale Formate in den Bereichen Belletristik, Sachbuch, Kinder- und … Bertelsmann is a media, services and education company that operates in about 50 countries. [168], The growing education business was strengthened in 2018 through the acquisition of the U.S. provider OnCourse Learning,[169] one of the Group's biggest deals in the U.S. [114][115] Gruner + Jahr sold the Berliner Zeitung,[116] and the scientific publisher, BertelsmannSpringer,[117] was spun off. [210] The businesses in the United States have been sold in the meantime,[211] and in terms of revenue, Germany and France are the most important markets. [301] Historian Volker Ullrich proclaimed in the weekly Die Zeit that the notion of the company's being "a resistance publisher" was clearly baseless. [164] The heads of the division's individual "Solution Groups" have reported directly to members of the Bertelsmann Executive Board ever since. [269] Today, according to Bertelsmann, the Mohn family holds 19.1% of the shares. [91][92] In the year 2000, Bertelsmann dissolved its joint venture with AOL Europe. Press Release | Gütersloh / New York, 04/01/2020. Brightly Raise kids who love to read TASTE An online magazine for today’s home cook LitFlash The eBooks you want at the lowest prices . The general partner is a European stock corporation (Societas Europaea). [153][154] In 2016, the printing business was bundled in the Bertelsmann Printing Group. Bertelsmann is a media, services and education company that operates in about 50 countries. [285] The majority are in Europe, where the group earns the largest share of its revenues. The full acquisition of Penguin Random House announced in December 2019 was approved by the European Union by way of a simplified procedure in mid-March, and subsequently also by the Austrian competition authorities. In the United States, a location was established for Ariola and Arista Records was acquired. [246][247] With Bertelsmann Asia Investments,[248] Bertelsmann Brazil Investments and Bertelsmann India Investments,[249] three additional funds exist that are active in the growth regions defined by the holding. [93] The sale of the shares in the joint venture to America Online yielded billions to Bertelsmann. [14] The C. Bertelsmann Verlag, originally specialized in theological literature, expanded its publications to include school and textbooks, and in the 1920s and 1930s increasingly entered into the field of light fiction. Mit der Übernahme von Random House war der Konzern bereits 1998 zum größten Buchverlag im … [221] Since 2013, BMG has once again become a fully owned subsidiary of Bertelsmann. [13] Carl Bertelsmann was a representative of the "Minden-Ravensberger Erweckungsbewegung", a Protestant revival movement, whose writings he published. Read it Forward Read it first. [250] Bertelsmann Investments holds equity positions in a total of over 100 startup companies, almost all from the digital economy. Over the course of 20 months, I had the opportunity to work on data projects in different divisions of Bertelsmann such as Gruner + Jahr, RTL Group, Penguin Random House and Arvato, working from offices in Cologne, Amsterdam, New York, London and Toronto. [22][23] In 1944, the Reichsschrifttumskammer (Reich Chamber of Literature) closed the publishing house to "mobilize all powers for victory". [212] Bertelsmann has had a stake in Gruner + Jahr since 1969. Bertelsmann and Pearson originally combined their respective Random House and Penguin Group book-publishing businesses in 2013 and Bertelsmann increased its stake to 75 per cent. At the same time, there was an increasing saturation of the German market for the Bertelsmann Lesering,[49] whereas the foreign book clubs earned the lion's share of revenues in this corporate division. Two years later, Ariola, one of the most successful German record labels was launched,[36] and virtually at the same time, the Sonopress record pressing plant was established. . Also, since 2012, Thomas Rabe has been chairman and chief executive officer of Bertelsmann. [144][145] Gruner + Jahr was taken over completely by Bertelsmann in 2014. [196][197] Following the sale of shares in 2013, the stake is 75.1%. Random House este o editură americană de carte, una dintre cele mai mari edituri de cărți de interes general din lume. [283] As part of international activities, Bertelsmann established additional locations at the corporate level (Corporate Centers) in Beijing (2006), New Delhi (2012) and São Paulo (2012). The Globe and Mail reports, "After years existing in semi-captivity, Canada’s most storied independent publishing house has merged fully into the multinational behemoth known as Bertelsmann AG, owner of Random House and its affiliates, the world’s largest trade book publisher." The company has 126,000 employees and generated revenues of €18.0 billion in the 2019 financial year. [273] In 2012, Bertelsmann created the additional so-called Group Management Committee, in order to advise the executive board in important matters. Bertelsmann is the majority owner of the merged company Penguin Random House, with a 53-percent stake, while Pearson owns 47 percent. Pass it on! [128], In 2008, Hartmut Ostrowski was appointed chairman and chief executive officer. Thomas Rabe, Chairman and CEO of Bertelsmann and Chairman of the Board of Directors at Penguin Random House, said: “The completion of this transaction has a historic dimension for Bertelsmann. It spans media, services, and education units with operations in some 50 nations and approximately 117,000 employees. [241] It was established in 2015 and has its headquarters in New York City. [73] The foundation itself was financed by profits of the company. Prior to the 2020 Bertelsmann deal, Pearson still owned a 25 percent stake of Penguin Random House. [70] For example, in 1989 the first branch outlet of the Club Bertelsmann opened in Dresden. [33] The business increasingly shifted from the publishing house to the sale of books, which was decisive to further growth. [178], In 2019, Bertelsmann also boosted cooperation in the German content market by establishing the Content Alliance,[179] headed up by Julia Jäkel. The three foundations, Bertelsmann Stiftung, Reinhard Mohn Stiftung and BVG Stiftung, together own 80.9%. We are proud of the creative diversity, publishing quality, and commercial and entrepreneurial strength of our book publishing business, to which many of the most popular authors from all over the world entrust their literary work.”, Thomas Rabe affirmed that Bertelsmann intends to develop Penguin Random House over the long term and with continuity: “We will ensure that our book business can continue to expand through organic growth and acquisitions in future, and remain a home for the world’s best creative talent. [124] This measure was also financed with the sale of the music rights business to Vivendi. Coordinates: .mw-parser-output .geo-default,.mw-parser-output .geo-dms,.mw-parser-output .geo-dec{display:inline}.mw-parser-output .geo-nondefault,.mw-parser-output .geo-multi-punct{display:none}.mw-parser-output .longitude,.mw-parser-output .latitude{white-space:nowrap}51°54′29″N 8°25′09″E / 51.90806°N 8.41917°E / 51.90806; 8.41917, German multinational media, services and education company, It may require cleanup to comply with Wikipedia's content policies, particularly, Learn how and when to remove this template message, Compagnie Luxembourgeoise de Télédiffusion, International Financial Reporting Standards, "Thomas Rabe, Bertelsmann CEO: from punk rock to family values", "The World's Largest Media Corporations, 2015", Nordic Information Centre for Media and Communication Research, "Gütersloh Head Office Moves to New Premises", "Chronologie: Die Bertelsmann-Geschichte", "Chronik: Das rasante Wachstum des Bertelsmann-Verlags", Institute for Media and Communication Policy, "Die reichsten Deutschen: Der asketische Revolutionär", "Minderheitsbeteiligung und Joint-venture beschlossen", "Bertelsmann: Kein Groll wegen Time Warner + AOL", "Bertelsmann And America Online Announce Launch Of Strategic Global Alliance And Plan To Restructure Joint Ventures", "Bertelsmann will mit Multimedia Milliarden umsetzen", "Bertelsmann kauft die US-Verlagsgruppe Random House", "So Why Did Newhouse Sell Random House to Bertelsmann Boys? [184], In January 2021, Bertelsmann began to explore selling its controlling stake in the French television channel M6. [61][62] In particular, this involved business development and controlling. [299] It stated, for example, that the suggestion that the C. Bertelsmann Verlag mounted resistance against National Socialism was clearly not accurate. The rapid growth of Bertelsmann led to structural and financial problems. The publishing program was gradually expanded to include philology, history, and youth literature, as well as mission literature. [47] Bertelsmann also encountered new regulatory rules in its home market, in particular through laws governing mergers. [157][158] Through the partial withdrawal of Pearson, Bertelsmann secured a strategic three-quarters majority in the world's leading trade publishing group. The publisher's main office in the United States is located at 1745 Broadway in Manhattan, in the 684-foot - 210 m Penguin Random House Tower, completed in 2009 and spanning the entire west side of the block between West 55th Street and West 56th. The transaction is in line with Pearson’s simplification strategy. [113] For example, Bertelsmann sold unprofitable e-commerce firms like the online shop of Barnes & Noble, among others. Its publications include Brigitte, Geo and Stern,[208] and the company also has a majority stake in Motor Presse Stuttgart and Dresdner Druck- und Verlagshaus. [279] In addition to the typical facilities, the headquarters in Gütersloh also feature the Bertelsmann University, an academic institution for Bertelsmann executives. Through acquisitions, Penguin Random House subsequently becomes the number one in the Spanish-language literature market, among others. [286] Over the past years, the group has increasingly focused on the newly industrialized nations of Brazil, China and India. Carl Bertelsmann was a representative of the "Minden-Ravensberger Erweckungsbewegung", a Protestant revival movement, whose writings he published. [220] In 2009, Kohlberg Kravis Roberts came on board with BMG, retaining a 51% majority in the company, and Bertelsmann held 49%. Analysis: if Bertelsmann, owner of Penguin Random House, buys US publisher, writers expect smaller deals and less choice for readers Last modified on … 1968                Eleven separate Bertelsmann publishing companies are organizationally grouped into Verlagsgruppe Bertelsmann (from 2001: Verlagsgruppe Random House). 1933-1945      The publishing house’s conservative Christian tradition is increasingly linked with Nationalist Socialist ideology in its program and corporate culture. [171] Bertelsmann, itself a strong advocate of lifelong learning, donated tens of thousands of Udacity scholarships in 2017 and 2019 to enable the advanced training of talented participants, in fields including Big Data, cloud computing and artificial intelligence. The current status of the logo is active, which means the logo is currently in use. [261][262] Since 2001, the company has prepared its financial statements according to International Financial Reporting Standards.[263]. 329 talking about this. [64] In 1986, Bertelsmann acquired a majority in RCA Records and merged its activities in the music market with the new Bertelsmann Music Group. Penguin Random House is the leading adult and children's publishing house in North America, the United Kingdom and many other regions around the world. Prior to the 2020 Bertelsmann deal, Pearson still owned a 25 percent stake of Penguin Random House. [287] In Brazil, efforts have been aimed at expanding activities above all in the field of education. Penguin Random House author Alice Munro wins the 2013 Nobel Prize in Literature; in all, more than 80 Penguin Random House authors are Nobel laureates. Information about the international media enterprise and it's corporate divisions RTL Group, Penguin Random House, Gruner + Jahr, Arvato; detailed information for journalists in the Bertelsmann SE & Co. KGaA's Press Center as well as everything about Corporate Responsibility activities at Bertelsmann. [172][173], Bertelsmann has promoted stronger cooperation among its corporate divisions and has also opened up towards collaboration with other media houses. [234][235] It is Europe's largest player in the industry. [7] Its principal divisions include the RTL Group, Penguin Random House, Gruner + Jahr, BMG, Arvato, the Bertelsmann Printing Group, the Bertelsmann Education Group and Bertelsmann Investments. [165] The company weighed its strategic options for the Customer Relationship Management business, and in 2018 established a CRM company in cooperation with the Saham Group:[166][167] The new company, Majorel, enjoys a leading market position in Europe, the Middle East and Africa.

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