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Gruner + Jahr GmbH is a publishing house headquartered in Hamburg, Germany. The company was founded in 1965 by , , and Gerd Bucerius. From 1969 to 1973, Bertelsmann acquired a majority share in the company and gradually increased it over time. After 2014, the company was a fully owned subsidiary of the Gütersloh-based media and services group. Under the leadership and innovation strategy of Julia Jäkel, Gruner + Jahr evolved into a publishing house producing cross-channel media products for the digital society. With more than 500 magazines and digital products and services, Gruner + Jahr is one of Europe's largest premium magazine publishing companies. Its activities primarily focus on Germany and France. Among the most well-known media brands are '' Brigitte'', ''Capital'', ''Geo'', and ''Stern'', along with Chefkoch.de and Stern.de. In addition, Gruner + Jahr owns a share in Spiegel Verlag. In August 2021, RTL Deutschland announced the acquisition of Gruner + Jahr for ₠...
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Subsidiary
A subsidiary, subsidiary company, or daughter company is a company (law), company completely or partially owned or controlled by another company, called the parent company or holding company, which has legal and financial control over the subsidiary company. Unlike regional branches or divisions, subsidiaries are considered to be distinct entities from their parent companies; they are required to follow the laws of where they are incorporated, and they maintain their own executive leadership. Two or more subsidiaries primarily controlled by same entity/group are considered to be sister companies of each other. Subsidiaries are a common feature of modern business, and most multinational corporations organize their operations via the creation and purchase of subsidiary companies. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, and Citigroup, which have subsidiaries involved in many different Industry (e ...
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Stern (magazine)
''Stern'' (, German for "Star", stylized in all lowercase) is an illustrated, broadly left-liberal, weekly current affairs magazine published in Hamburg, Germany, by Gruner + Jahr, a subsidiary of Bertelsmann. Under the editorship (1948–1980) of its founder Henri Nannen, it attained a circulation of between 1.5 and 1.8 million, the largest in Europe's for a magazine of its kind. Unusually for a popular magazine in post-war West Germany, and most notably in the contributions to 1975 of Sebastian Haffner, ''Stern'' investigated the origin and nature of the preceding tragedies of German history. In 1983, however, its credibility was seriously damaged by its purchase and syndication of the forged Hitler Diaries. A sharp drop in sales anticipated the general fall in newsprint readership in the new century. By 2019, circulation had fallen under half a million. History and profile Journalistic style Henri Nannen produced the first 16-page issue (with the actress Hildegard Knef
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Executive Board
A board of directors is a governing body that supervises the activities of a business, a nonprofit organization, or a government agency. The powers, duties, and responsibilities of a board of directors are determined by government regulations (including the jurisdiction's corporate law) and the organization's own constitution and by-laws. These authorities may specify the number of members of the board, how they are to be chosen, and how often they are to meet. In an organization with voting members, the board is accountable to, and may be subordinate to, the organization's full membership, which usually elect the members of the board. In a stock corporation, non-executive directors are elected by the shareholders, and the board has ultimate responsibility for the management of the corporation. In nations with codetermination (such as Germany and Sweden), the workers of a corporation elect a set fraction of the board's members. The board of directors appoints the chief exe ...
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Axel Springer SE
Axel Springer SE () is a European multinational corporation, multinational mass media, mass and online media company, based in Berlin, Germany. The company offers printing and publishing of advertisements, digital classifieds portfolio, marketing models and related services. Axel Springer's operations are segmented into News Media, Classifieds Media, and Marketing Media. The company is organized as a (SE) publishing house and is one of the largest mass media publishers in the European Union, with numerous multimedia news brands, such as ''Bild'', ', ', and the US political news site ''Politico'', which Axel Springer acquired in 2021. The company generated total revenues of about €3.93 billion and an Earnings before interest, taxes, depreciation and amortization, EBITDA increase of 12.8% in the first half of 2023. Following US private-equity firm Kohlberg Kravis Roberts, KKR's majority-stake acquisition in 2020, Axel Springer’s revenues have increased by a total of approxima ...
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Limited Liability Partnership
A limited liability partnership (LLP) is a partnership in which some or all partners (depending on the jurisdiction) have limited liabilities. It therefore can exhibit aspects of both partnerships and corporations. In an LLP, each partner is not responsible or liable for another partner's misconduct or negligence. This distinguishes an LLP from a traditional partnership under the UK Partnership Act 1890, in which each partner has joint (but not several) liability. In an LLP, some or all partners have a form of limited liability similar to that of the shareholders of a corporation. Depending on the jurisdiction, however, the limited liability may extend only to the negligence or misconduct of the other partners, and the partners may be personally liable for other liabilities of the firm or partners. Unlike corporate shareholders, the partners have the power to manage the business directly. In contrast, corporate shareholders must elect a board of directors under the laws of v ...
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Schöner Wohnen
''Schöner Wohnen'' (stylized in all caps; ) is a German language interior design magazine which was launched in 1960 by Gruner + Jahr. History and profile ''Schöner Wohnen'' was established in 1960 by the Hamburg-based publishing company Gruner + Jahr. Its founding editor-in-chief was Josef Kremerkothen. The magazine enjoyed high levels of readership after its start. It has published photographs of the latest trends in furniture design, color palettes and room arrangements. Later its coverage was expanded to feature articles about architecture, lifestyle, gardening and travel. The magazine is the first German publication which employed the term design classic A design classic is an industrially manufactured object with timeless aesthetic value. It serves as a standard of its kind and remains up to date regardless of the year of its design. Whether a particular object is a design classic might often be d ... in 1974. References External links * {{DEFAULTSORT:Schoner Wohnen ...
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Springer Gabler
Springer Gabler (formerly Gabler Verlag) is a German publishing house in the fields of economy. It was founded in Wiesbaden in 1929 as ''Betriebswirtschaftlicher Verlag Doktor Theodor Gabler''. The program is focussed on management, marketing and sales, financial services, controlling and taxes. Today's Springer Gabler is a result of a merger between Gabler Verlag and Springer-Verlag. It belongs to Springer Science+Business Media Springer Science+Business Media, commonly known as Springer, is a German multinational publishing company of books, e-books and peer-reviewed journals in science, humanities, technical and medical (STM) publishing. Originally founded in 1842 in .... External links Website of Springer Gabler References {{Authority control Publishing companies of Germany Publishing companies established in the 1920s Springer Science+Business Media ...
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Shareholder
A shareholder (in the United States often referred to as stockholder) of corporate stock refers to an individual or legal entity (such as another corporation, a body politic, a trust or partnership) that is registered by the corporation as the legal owner of shares of the share capital of a public or private corporation. Shareholders may be referred to as members of a corporation. A person or legal entity becomes a shareholder in a corporation when their name and other details are entered in the corporation's register of shareholders or members, and unless required by law the corporation is not required or permitted to enquire as to the beneficial ownership of the shares. A corporation generally cannot own shares of itself. The influence of shareholders on the business is determined by the shareholding percentage owned. Shareholders of corporations are legally separate from the corporation itself. They are generally not liable for the corporation's debts, and the shareholders ...
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Piper Verlag
Piper Verlag is a German publisher based in Munich, printing both fiction and non-fiction works. It currently prints over 200 new paperback titles per year. Authors published by the company include Andreas von Bülow and Sara Paretsky. It is owned by the Swedish media conglomerate Bonnier. It was founded in 1904 by 24-year-old Reinhard Piper (1879–1953). History The founder of the publishing house, and the man who gave the company its name, was Reinhard Piper (born 31 October 1879 in Penzlin; died 18 October 1953 in Munich). Together with Georg Müller, he founded the Piper Verlag on 19 May 1904 in Munich. Only 24 years old at the founding of the publishing house, Reinhard Piper said about himself that he was "a young man with intellectual interests, a little bit of ingenuity, and very little money. However, I did possess the irrefutable drive to share with others what I believed in." The long poem ''Dafnis'' by Arno Holz became the first book published by Piper in 1904. ...
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Wolf Schneider
Wolf Dietrich Schneider (7 May 1925 – 11 November 2022) was a German journalist, author, and language critic. After World War II, he learned journalism on the job with '' Die Neue Zeitung'', a newspaper published by the US military government. He later worked as a correspondent in Washington for the ''Süddeutsche Zeitung'', then as editor-in-chief and from 1969 manager of the publishing house of ''Stern''. He moved to the Springer Press in 1971. From 1979 to 1995, he was the first director of a school for journalists in Hamburg, shaping generations of journalists. He wrote many publications about the German language, becoming an authority. He promoted a concise style, and opposed anglicisms and the German orthography reform. Life Schneider was born on 7 May 1925 in Erfurt and grew up in Berlin. Having passed his ''Abitur'', he served with the ''Luftwaffe'' until the end of the Second World War. His post-war career began as a translator for the US Army, and in 1947 he joine ...
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Economies Of Scale
In microeconomics, economies of scale are the cost advantages that enterprises obtain due to their scale of operation, and are typically measured by the amount of Productivity, output produced per unit of cost (production cost). A decrease in unit cost, cost per unit of output enables an increase in scale that is, increased production with lowered cost. At the basis of economies of scale, there may be technical, statistical, organizational or related factors to the degree of Market (economics), market control. Economies of scale arise in a variety of organizational and business situations and at various levels, such as a production, plant or an entire enterprise. When average costs start falling as output increases, then economies of scale occur. Some economies of scale, such as capital cost of manufacturing facilities and friction loss of transportation and industrial equipment, have a physical or engineering basis. The economic concept dates back to Adam Smith and the idea o ...
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