Bertelsmann Targets Breaking Impasse Over Pay-TV Venture
Article Abstract:
Bertelsmann AG and Kirch Group's current efforts in their joint venture pay-TV station Premiere is uncertain. Germany antitrust authorities have opposed efforts by the two German media companies from increasing their stakes in the Premiere station to 50 percent. Concerns are for dominance of both free and pay TV programing. Lobbying to change governing bodies' attitudes have not shown successful results. Similar rulings are expected from other governing agencies. Bertelsmann is Europe's largest media company, and Kirch has a large film library. Bertelsmann is also expanding into the internet.
Comment:
Bertelsmann and Kirch Group's efforts to increase stakes in pay tv station blocked by anti-trust regulators
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 1998
User Contributions:
Comment about this article or add new information about this topic:
Bertelsmann's sales expected to stay steady, according to magazine report
Article Abstract:
Bertelsmann AG of Germany posted just $22.4 billion marks or $12.49 billion in sales for the year ending June 30, 1998 which is satisfactory, noted the media group's chairman Mark Woessner. However, the company reaped a high of 1.73 billion marks in operating profits after portfolio amendments which is not good, stated Woessner. Both statements are based on an interview of Woessner in the German Manager Magazine periodical. Bertelsmann is also reportedly planning to acquire a US television channel, indicated the magazine.
Comment:
Reaps high of 1.73 billion marks in operating profits after portfolio amendments for year ending June 30, 1998 which is not good
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 1998
User Contributions:
Comment about this article or add new information about this topic:
Bertelsmann makes move in Taiwan
Article Abstract:
Bertelsmann AG's decision to plunge into the Chinese-language Internet market is the media giant's first move on the road to making itself prominent in the developing Asian online services. Bertelsmann made an investment in the Taiwanese portal operator Yam Digital Technology Co.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2000
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: Controls work in theory. The real business at hand for APEC is for Asian nations to start putting their houses in order
- Abstracts: Local Legend takes lead over rivals in China's PC market. China.com looks poised to cast its web on the region
- Abstracts: Thomson shares dive after loss report. Arriva's pretax profit beats expectations. Bovis float moved up as P&O net swells
- Abstracts: Mattel tops Mansour for top post. Net declines 3.7% as U.S. sales are hindered by weak economy. Learning troubles force Jill Barad to quit Mattel
- Abstracts: Citibank introduces web check writing in Singapore market. Kingfisher will establish separate e-commerce division