Random House, Others Begin Supplying German Kindle Content

In German Buch News by Siobhan O'Leary

By Siobhan O’Leary As Amazon publicly seeks PR experts to market the Kindle program in Germany, speculation is on the rise that a dedicated German Kindle store is on the horizon. For real this time. To this point, Kindle customers on the search for German-language books have more or less been left out in the cold. Until recently, the German selection …

Bertelsmann Expose Stirs Controversy in Germany

In Global Trade Talk by Siobhan O'Leary

By Siobhan O’Leary A book published last week by Campus Verlag is causing quite a fuss at Bertelsmann headquarters in Gütersloh. Bertelsmannrepublik Deutschland is a critical look at the close personal ties between Bertelsmann AG, the corporation, and the Bertelsmann Stiftung, or foundation. The author, Thomas Schuler, particularly calls into question the foundation’s non-profit status and the substantial tax breaks …

Bertelsmann and Holtzbrinck Team for E-book Distribution in Germany

In German Buch News by Siobhan O'Leary

By Siobhan O’Leary German media giants Bertelsmann and Holtzbrinck are teaming up to create an online direct to consumer e-book distribution platform focused on German-language e-books from their own programs, as well as from third parties. According to The Bookseller, the partners have not yet announced a launch date but have submitted paperwork to the European Commission in Brussels for …

Bertelsmann Exits Portugal

In Global Trade Talk by Siobhan O'Leary

By Siobhan O’Leary Bertelsmann’s Direct Group is exiting the Portuguese market and has sold club business Circulo de Leitores, along with the 54 branches of the book chain Bertrand Livreiros and five publishers, to local publishing group Porto Editora for an undisclosed amount. According to the Boersenblatt, the five publishing houses included in the deal, which is still pending approval …

Bertelsmann’s 09 Net Loss: First in Three Decades

In German Buch News by Siobhan O'Leary

By Siobhan O’Leary For the first time in three decades, Bertelsmann has posted a net loss — this according to the 2009 fiscal year results announced yesterday in Berlin. The loss amounted to €82 million, which is particularly glaring in light of the €142 million net profit posted in 2008. Bertelsmann blamed at least part of the downturn on sluggish …

Best of '09: Analysing the Global Ranking of Publishers

In Feature Articles by Guest Contributor

As 2009 comes to a close we wanted to celebrate by bringing you a week’s worth of your favorite articles that we’re run on Publishing Perspectives. We’ll be back on Monday, January 4, with our next new feature. In the meantime, enjoy the best of ‘09 and check our news blog for updates and analysis. Today, industry consultant Rüdiger Wischenbart …

Global Trade Talk: PEN Prioritizes Indigenous Language Preservation; Club Bertelsmann Becomes Zeilenreich; Amazon International Profits Up

In Global Trade Talk by Edward Nawotka

By Edward Nawotka and Siobhan O’Leary Last Wednesday, London-based International PEN elected Canadian writer John Ralston Saul as the organization’s new director, replacing Czech writer Jirí Grušá who has held the position for the last six years. In an interview with CBC Radio, Saul said that in addition to PEN’s traditional role of fighting for freedom of expression, he would try …

German Buch News: Bertelsmann Founder Mohn Dies; Roth Wins Die Welt Lit Prize

In German Buch News by Siobhan O'Leary

By Siobhan O’Leary Reinhard Mohn, the post-war founder of German media giant Bertelsmann, has died at the age of 88 (as reported in a press release from the company and covered in BuchReport). Mohn was born in Gütersloh in 1921, the fifth generation of the Bertelsmann/Mohn business family, and took over the reins of his family’s printing and publishing house C. …

German Buch News: G+J’s Buchholz joins B’mann’s Exec Board

In Feature Articles, German Buch News, News by Siobhan O'Leary

By Siobhan O’Leary Boersenblatt reports that Gruner + Jahr CEO Bernd Buchholz has been named to Bertelsmann’s Executive Board. He will continue as CEO of G+J and will receive no additional compensation for this new role. After a short stint in politics, Buchholz worked for G+J in various capacities starting in the late 1990s and has been CEO since the …

German Buch News: Bertelsmann Pay Cuts, Twitter Usage Up

In Feature Articles by Siobhan O'Leary

By Siobhan O’Leary Executives at Bertelsmann’s Gutersloh headquarters were recently hit with diminished bonuses (as much as 50% lower in some cases) and salary cuts. Now, the pay cuts are affecting other employees at Gutersloh, says Buchmarkt. They will not be seeing the 2.5% pay scale increase that was planned for this month, and employees being paid over and above the …