Random House Reports Earnings, 200% E-book Sales Growth
At 30 June 2011, Bertelsmann employed 100,012 employees worldwide (December 31, 2010: 97,528).
- Record operating EBIT and ROS for the first half year
RTL Group online platforms generated over 928 million video calls in six months -
up 30 percent
- Expansion into Asia: Two English-language pay TV channels are being set up in India in conjunction with Reliance Broadcast
Europe's leading entertainment network increased its revenue and operating EBIT, with revenues reaching €2.8 billion (H1 2010: €2.7 billion) and operating EBIT €545 million (H1 2010: €533 million). While advertising markets in France, the Netherlands, and Belgium grew during the period under review, the German TV advertising market stagnated. Southern and Eastern Europe recorded declining market revenues. The RTL Group families of channels outperformed the market and in some cases achieved significantly higher contributions to operating EBIT in Germany, France, and the Netherlands. RTL Group improved its leading positions in audience markets in key countries. The audience market share of Mediengruppe RTL Deutschland for 14- to 49-year-olds increased to a record 35.7 percent in the first half year (H1 2010: 34.8 percent). In France, M6 was the only full-program provider to gain audience market share, and it improved its position in the advertising-relevant target group to 17.1 percent (H1 2010: 16.3 percent). The Dutch family of channels RTL 4 greatly increased its prime time market share and was able to translate this into significantly higher advertising revenues. The production subsidiary Fremantle Media posted higher revenues thanks to portfolio effects and strong business development in North America. Operating EBIT fell, however, due to continuing high pressure on margins and production volumes.
- Random House profits rise substantially driven by U.S.
- Triple-digit percentage sales growth in e-books