Editing Bertelsmann (section)

=== 2008–2015 ===
[[File:Thomas Rabe 2015-1.jpg|thumb|upright|[[Thomas Rabe (manager)|Thomas Rabe]], Chairman and [[Chief executive officer|CEO]] since 2012]]

In 2008, [[Hartmut Ostrowski]] was appointed chairman and chief executive officer.<ref>{{cite news|language=de|url=http://www.spiegel.de/wirtschaft/neuer-bertelsmannchef-ostrowski-mehr-innovation-mehr-wachstum-keine-internetprojekte-a-523254.html|title=Neuer Bertelsmannchef Ostrowski: Mehr Innovation, mehr Wachstum, keine Internetprojekte|website=Spiegel Online|date=13 December 2007|access-date=24 November 2015}}</ref><ref>{{cite news|url=https://www.handelsblatt.com/unternehmen/it-medien/bertelsmann-umsatz-soll-auf-30-milliarden-steigen-ostrowski-als-gehemmter-wachstumstreiber/2904754.html|language=de|website=Handelsblatt|title=Ostrowski als gehemmter Wachstumstreiber|first=Hans-Peter|last= Siebenhaar|date=13 December 2007|access-date=24 November 2015}}</ref> Bertelsmann sold its shares of the record label [[Sony BMG]],<ref>{{cite news|url=https://www.theguardian.com/business/2008/aug/05/sony.bertlesmann|website=The Guardian|date=5 August 2008|access-date=21 May 2016|first=Richard |last=Wray|title=Sony buys Bertelsmann out of Sony BMG}}</ref><ref>{{cite news|url=https://next.ft.com/content/373727bc-37e2-11dd-aabb-0000779fd2ac|title=Bertelsmann seeks $1.5bn for Sony-BMG stake|first=Gerrit |last=Wiesmann|author2=Andrew Edgecliffe-Johnson|date=12 June 2008|access-date=21 May 2016|website=Financial Times}}</ref> and since then the company has operated under the name of ''Sony Music Entertainment''.<ref>{{cite news|language=de|title=Bertelsmann überlässt sein Musikgeschäft Sony|url=http://www.dw.com/de/bertelsmann-überlässt-sein-musikgeschäft-sony/a-3539837|website=Deutsche Welle|date=5 August 2008|access-date=24 November 2015}}</ref> In 2008, Bertelsmann acquired the rights to the [[Brockhaus Enzyklopädie|Brockhaus Encyclopedia]],<ref>{{cite web|url=https://www.britannica.com/topic/Brockhaus-Enzyklopadie|website=[[Encyclopædia Britannica]]|title=Brockhaus Enzyklopädie|date=3 September 2014|access-date=21 May 2016|first=Richard |last=Pallardy|author2=Mathias Schindler}}</ref> and from that time on, this reference work was published by the ''Wissen Media Verlag''.<ref>{{cite news|language=de|url=http://www.manager-magazin.de/unternehmen/it/a-597009.html|website=Manager Magazin|title=Bertelsmann-Tochter kauft Brockhaus|date=17 December 2008|access-date=19 March 2017 }}</ref> At the end of 2011, Hartmut Ostrowski suddenly announced that he was leaving Bertelsmann for unspecified personal reasons.<ref>{{cite news|url=https://www.theguardian.com/media/2011/oct/10/bertelsmann-hartmut-ostrowski-stand-down|title=Bertelsmann chief Hartmut Ostrowski to stand down|website=The Guardian|first=Mark|last= Sweney|date=10 October 2011|access-date=21 May 2016}}</ref><ref>{{cite news|url=https://www.nytimes.com/2011/10/11/business/global/bertelsmann-ceo-to-step-down.html|website=The New York Times|title=Change of Command Set at European Media Group|first=Eric |last=Pfanner|date=10 October 2011|access-date=21 May 2015}}</ref> In 2012, Bertelsmann went from being an AG to its current incorporation as a [[partnership limited by shares]] ("[[Limited partnership#Germany|Kommanditgesellschaft auf Aktien]]" or "KGaA"), with the general partner being a European stock corporation ("[[Societas Europaea]]" or "SE"). Also, since 2012, [[Thomas Rabe (manager)|Thomas Rabe]] has been chairman and chief executive officer of Bertelsmann.<ref>{{cite news|url=https://www.bloomberg.com/news/articles/2011-10-10/bertelsmann-names-thomas-rabe-ceo-to-succeed-hartmut-ostrowski|first=Cornelius|last= Rahn|title=Bertelsmann Names Rabe CEO to Succeed Ostrowski in January|date=10 October 2011|access-date=21 May 2016|website=[[Bloomberg News|Bloomberg]]}}</ref><ref>{{cite news|language=de|url=http://www.sueddeutsche.de/medien/wechsel-bei-bertelsmann-ostrowski-raeumt-seinen-posten-1.1158520|website=Süddeutsche Zeitung|title=Finanzvorstand Rabe löst Konzernchef Ostrowski ab|date=10 October 2011|access-date=24 November 2015}}</ref>

In 2013, Bertelsmann floated part of its shares in the RTL Group on the stock exchange,<ref>{{cite news|language=de|title=Bertelsmann muss sich bei RTL bescheiden|newspaper=Börsen-Zeitung|date=30 April 2013|page=9}}</ref><ref>{{cite news|website=Digital TV Europe|url=http://www.digitaltveurope.net/51742/rtl-group-raises-e1-4-billion-through-secondary-ipo/|title=RTL Group raises €1.4 billion through secondary IPO|date=30 April 2013|access-date=21 May 2016}}</ref> in order to finance additional growth from the proceeds of the sale.<ref>{{cite news|website=Hollywood Deadline|first=Nancy |last=Tartaglione|url=https://deadline.com/2013/03/bertelsmann-eyes-3-9b-in-acquisitions-over-next-three-years-but-no-ipo-461562/|title=Bertelsmann Eyes $3.9B In Acquisitions Over Next Three Years, But No IPO|date=26 March 2013|access-date=21 May 2016}}</ref><ref>{{cite news|language=de|url=https://www.handelsblatt.com/finanzen/maerkte/aktien/verkauf-von-rtl-aktien-bertelsmann-nimmt-1-4-milliarden-euro-ein/8140096.html|title=Bertelsmann nimmt 1,4 Milliarden Euro ein|website=Handelsblatt|date=29 April 2013|access-date=29 March 2016}}</ref> In the year 2013, [[Penguin Random House]] became the world's largest publishing company.<ref>{{cite news|url=https://www.telegraph.co.uk/finance/newsbysector/mediatechnologyandtelecoms/media/10152247/Penguin-and-Random-House-complete-merger.html |archive-url=https://ghostarchive.org/archive/20220112/https://www.telegraph.co.uk/finance/newsbysector/mediatechnologyandtelecoms/media/10152247/Penguin-and-Random-House-complete-merger.html |archive-date=12 January 2022 |url-access=subscription |url-status=live|website=[[The Daily Telegraph]]|title=Penguin and Random House complete merger|date=1 July 2013|access-date=21 May 2016}}{{cbignore}}</ref><ref>{{cite news|language=de|url=http://www.boersenblatt.net/628302.html|website=[[Börsenblatt]]|date=1 July 2013|access-date=24 November 2015|title=Die Fusion ist besiegelt}}</ref> [[Gruner + Jahr]] was taken over completely by Bertelsmann in 2014.<ref>{{cite news|language=de|date=6 October 2014|access-date=1 October 2015|url=http://www.zeit.de/wirtschaft/2014-10/bertelsmann-gruner-jahr-uebernahme|website=[[Zeit Online]]|title=Medienkonzern: Bertelsmann übernimmt Gruner + Jahr komplett}}</ref><ref>{{cite news|language=de|url=http://www.manager-magazin.de/unternehmen/artikel/a-995499.html|title=Bertelsmann schluckt Gruner + Jahr ganz|website=Manager Magazin|date=6 October 2014|access-date=1 October 2015}}</ref> Furthermore, under the leadership of Thomas Rabe, Bertelsmann increasingly invested in the education sector:<ref>{{cite news|language=de|url=https://www.handelsblatt.com/unternehmen/it-medien/bertelsmann-bildung-als-dritte-geschaeftssaeule/11866892.html|title=Bildung als dritte Geschäftssäule|website=Handelsblatt|date=3 June 2015|access-date=24 November 2015}}</ref> In 2014, for example, ''Relias Learning'' was acquired.<ref>{{cite news|website=The Wall Street Journal|url=https://www.wsj.com/articles/bertelsmann-to-buy-relias-learning-1413899281|title=Bertelsmann To Buy Relias Learning|first=Ellen Emmerentze |last=Jervell|date=21 October 2014|access-date=21 May 2016}}</ref><ref>{{cite news|work=[[Reuters]]|url=https://www.reuters.com/article/relias-ma-bertelsmann-idUSL2N0SG0A320141021|title=Bertelsmann to buy Relias Learning from Vista Equity|first=Liana B. |last=Baker|author2=Jörn Poltz|date=21 October 2014|access-date=21 May 2016}}</ref> The company belongs to the ''Bertelsmann Education Group'', established in 2015.<ref>{{cite news|language=de|website=[[Börsenblatt]]|url=http://www.boersenblatt.net/artikel-neue_unternehmenseinheit_gegruendet.1024973.html|title=Bertelsmann Education Group bündelt Bildungsgeschäfte|date=10 September 2015|access-date=5 January 2016}}</ref> The Club Bertelsmann was wound up,<ref>{{cite news|language=de|url=https://www.faz.net/aktuell/wirtschaft/unternehmen/bertelsmann-schliesst-seinen-buchclub-12996222.html|website=Frankfurter Allgemeine Zeitung|title=Bis Ende 2015: Bertelsmann schließt seinen Buchclub|date=17 June 2014|access-date=24 November 2015}}</ref> and individual distribution partners are taking legal action against it.<ref>{{cite news|language=de|first=Manfred |last=Schneider|title=Vergessen, was man nicht wissen muss – über das Ende der Buchklubs|newspaper=Neue Zürcher Zeitung|date=18 July 2014|page=19}}</ref><ref>{{cite news|language=de|url=https://www.handelsblatt.com/unternehmen/it-medien/millionenschaden-klage-gegen-aus-fuer-bertelsmann-buchclub/10610250.html|website=Handelsblatt|title=Klage gegen Aus für Bertelsmann-Buchclub|date=26 August 2014|access-date=24 November 2015}}</ref> In 2016, the printing business was bundled in the ''Bertelsmann Printing Group''.<ref>{{cite news|url=http://www.printweek.com/print-week/news/1154641/bertelsmann-to-merge-print-operations|website=[[PrintWeek]]|first=Jo |last=Francis|date=5 November 2015|access-date=21 May 2016|title=Bertelsmann to merge print operations}}</ref>