Hints and tips:
...That is what the 57-year-old boss stands accused of after announcing cuts at the German group’s publishing division Gruner+Jahr (G+J)....
...The family is never far from Thomas Rabe, even at weekends....
...Both RTL Group and Bertelsmann are led by chief executive officer Thomas Rabe who has called for greater media consolidation in Europe....
...Presenting results that showed first-half revenue jumped almost 11 per cent year on year to €8.7bn, Thomas Rabe also said the company was considering a potential listing of its customer service business,...
...Thomas Rabe, Bertelsmann chief executive, told the Financial Times that content moderation was a growing business, especially in light of the rules that legally require social media companies to provide...
...For years, Thomas Rabe has cultivated the air of a digital pioneer, proudly boasting of his big bets on e-learning, advertising technology and multichannel networks....
...Thomas Rabe, Bertelsmann's chief executive, described PRH as a “success story” that was the “clear worldwide number one in book publishing”....
...It employed a similar strategy with its subsidiary Gruner + Jahr, the magazine publisher, having started with a one-quarter stake in the business in 1969....
...Bertelsmann would also build out the digital businesses of RTL, the European broadcaster it controls, and of Gruner + Jahr, publisher of magazines such as Stern and Geo....
...There is still no proven online business model for Bertelsmann’s magazine arm, Gruner + Jahr. Yet Mr Rabe may ultimately look for a fresh challenge....
...The overhaul of G+J is the latest example of how Bertelsmann is reshaping itself under the leadership of chief executive Thomas Rabe....
...Bertelsmann, which owns publishers Random House and Gruner + Jahr, indicated in January that it was looking into a partial sale of RTL in order to fund an expansion into education and music sectors....
...Thomas Rabe, chief executive, said that Bertelsmann had mandated banks to offload its stake but said that valuation would determine whether or not it went ahead with a sale....
...Thomas Rabe, chief executive of Bertelsmann, said the company would “continue its over 40 years of co-operation with the Jahr family”, while Winfried Steeger, managing director of Jahr Holding, said both...
...Some at Bertelsmann say Thomas Rabe was blessed with a lucky break....
...Mr Buchholz’s move comes only days after signs that Thomas Rabe, Bertelsmann chief executive, is seeking full control of G+J by proposing a swap of the 25 per cent stake held by the Jahr family in return...
...With Thomas Rabe, chief executive, finalising details of Bertelsmann’s new strategy, the company said it was “in talks about the situation and future positioning” of G+J with the founding Jahr family, which...
...Thomas Rabe, chief executive of Bertelsmann, pledged a “step-by-step trans-formation” of the German media group as he reported that operating profit in the first half of 2012 had been dragged down by a decline...
...But the company could soon welcome the Jahr family on board, as it is looking to trade in its one-quarter stake in Bertelsmann magazine unit G+J....
...The family owns 19 per cent of the group (owner of such brands as RTL, Gruner & Jahr, and Random House), and the remainder is controlled by their foundations....
...Thomas Rabe, who moves up from Bertelsmann finance boss to chief executive on January 1, was one of the brains behind BMG Music Rights, which was carved from Sony BMG when Bertelsmann sold its stake in the...
...Bertelsmann, Europe’s largest media company by revenues, appointed its finance director Thomas Rabe as chief executive on Monday after Hartmut Ostrowski decided to step down for personal reasons....
...When Thomas Middelhoff, Bertelsmann’s then chairman and chief executive, appointed him to run the German media company’s BMG label group, Mr Schmidt-Holtz said music’s upheavals presented “one of the most...
...Two years later Thomas Middelhoff stepped down as chief executive after also falling out of favour. Steps were taken to ensure Bertelsmann’s long-term independence....
...But Bertelsmann would not lose faith in these assets, said Thomas Rabe, finance director....
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