Bertelsmann

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Bertelsmann AG is a transnational media corporation founded in 1835, based in Gütersloh, Germany. It is majority owned (76.9%) by the Bertelsmann Foundation, a non-profit organisation and political think tank set up by the founding families Bertelsmann and Mohn. The remaining 23.1% is owned by the Mohn family. The company operates in 63 countries and employs over 75,000 workers. [W]

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    • 2005-05-04 Under German Administration: "Europe's largest media company, the German firm Bertelsmann AG, is taking over official tasks normally performed by public authority in Great Britain. From July 2005 a Bertelsmann subsidiary will undertake the majority of public administration in a British local authority. The plan is regarded by the German firm as a 'pilot project of strategic importance' for its expansion into a multi billion market."