Despacito drives Bertelsmann to record €500m profits

By Mark Sweney

Song of the summer and TV shows American Gods and 13 Reasons Why boost German media group

The global success of 2017’s song of the summer, Despacito, together with sales of the TV series American Gods and the popularity of controversial book-turned-Netflix series 13 Reasons Why has helped drive record first-half profits at German media group Bertelsmann.

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