Bertelsmann Aggregated: Bertie and News Corp | Bertie to sell G&J | Bertie flip flops on RTL buyout plan | Mohn family still controlling
Published: Thursday, December 20, 2007
-YOSH German media giant Bertelsmann continues to prove us right when it comes to their flip flopping ways. They had this huge plan to buy the remaining 10% of RTL it doesn't already own, and what do they do? They scrap it. These fuckers just can stick to a plan can they? [Guardian] Is Bertelsmann in some kind of back door deal with News Corp to take over News Corp's Harper Collins? If this is the case, the book business must be really big for Bertie and Rupert Murdoch must be looking to offset the cash he dropped on Dow Jones. A sale of Harper Collins by News Corp would probably be good for News Corp as HC is responsible for a small chunk of News Corp's annual revenue. [Reuters] Is Bertie planning to get out of the magazine business by seeking a sale for G&J? They sold the U.S. business of G&J a while back so it wouldn't be a surprise. Selling off the magazine and buying into more books, does indicate that books is king at Bertie [Bloomberg] The Mohn family which controls Bertelsmann are nothing like the Bancrofts. There is probably no money in the world that would make them hand over their personal piggy bank that is Bertie. They continue to tighten their grip on Germany's biggest media company. The latest grip tightening comes with the appointment of Brigitte Mohn to its supervisory board. [Bloomberg]Labels: BERTELSMANN, BOOKS, Magazine, Newscorp |



Comments on "Bertelsmann Aggregated: Bertie and News Corp | Bertie to sell G&J | Bertie flip flops on RTL buyout plan | Mohn family still controlling"
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Anonymous said ... (8:42 AM) :
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Anonymous said ... (11:15 AM) :
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Anonymous said ... (6:37 AM) :
post a commentI know these guys very well.
They want to fuck someone.
That is what they do.
Its been all over the internet that Hart when he takes control the first of the year, wants to sell the US book business. When our VP was questioned about the matter he simply stated "no comment" Only days later having a town hall meeting trying to reassure us that we have nothing to worry about. Then in the next breath said that we'll be under review over the next 3-6 months.
What a nice time to be under review, right after the holidays when we're slow. Hart's german foot soliders will come in and lead us into the "showers"
You hit it dead on.
The club business is on its last breath.
Get out while you can.
They look at you not as a person, but an asset they intend to sell to buy a new one. They see warts on your face.