Thomas Buberl Appointed to Supervisory Board of Bertelsmann SE & Co
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Annual Report 2019
Annual Report 2019 Advance Reading Copy Subject to Modification and Amendments At a Glance 2019 Key Figures (IFRS) in € millions 2019 2018 2017 2016 2015 Business Development Group revenues 18,023 17,673 17,190 16,950 17,141 Operating EBITDA 2,909 2,586 2,636 2,568 2,485 EBITDA margin in percent1) 16.1 14.6 15.3 15.2 14.5 Bertelsmann Value Added (BVA)2) 89 121 163 180 180 Group profit 1,091 1,104 1,198 1,137 1,108 Investments3) 1,270 1,434 1,103 1,240 1,259 Consolidated Balance Sheet Equity 10,445 9,838 9,127 9,895 9,434 Equity ratio in percent 38.2 38.8 38.5 41.6 41.2 Total assets 27,317 25,343 23,713 23,794 22,908 Net financial debt 3,364 3,932 3,479 2,625 2,765 Economic debt4) 6,511 6,619 6,213 5,913 5,609 Leverage factor 2.6 2.7 2.5 2.5 2.4 Dividends to Bertelsmann shareholders 180 180 180 180 180 Distribution on profit participation certificates 44 44 44 44 44 Employee profit sharing 96 116 105 105 95 As of January 1, 2019, the new financial reporting standard IFRS 16 Leases was applied for the first time. In accordance with the transitional provisions of IFRS 16, prior-year comparatives have not been adjusted. Further details are presented in the section “Impact of New Financial Reporting Standards.” The figures shown in the table are, in some cases, so-called Alternative Performance Measures (APM), which are neither defined nor described in IFRS. -
Speakers and Moderators
Speakers and Moderators 6th EIOPA Annual Conference Tuesday, 18 October 2016 Frankfurt am Main Gabriel Bernardino Gabriel Bernardino is Chairman of the European Insurance and Occupational Pensions Authority (EIOPA). He is responsible for the strategic direction of EIOPA and represents the Authority at the Council of the European Union, the European Commission and the European Parliament. Mr. Bernardino prepares the work of EIOPA's Board of Supervisors and also chairs the meetings of the Board of Supervisors and the Management Board. Mr. Bernardino is the first Chairperson of EIOPA. He was elected by the Board of Supervisors of EIOPA on 10 January, 2011. His nomination followed a pre-selection of the European Commission and was confirmed by the European Parliament after a public hearing held on 1 February, 2011. Mr. Bernardino assumed his responsibilities on 1 March, 2011. Prior to his current role, Mr. Bernardino was the Director General of the Directorate for Development and Institutional Relations at the Instituto de Seguros de Portugal (ISP). He has served in several positions of increasing responsibility since he joined the ISP in 1989 and represented EIOPA's preceding organisation, CEIOPS, as Chairman between October 2009 and December 2010. Melinda Crane Dr. Melinda Crane has given speeches and moderated events and discussions for a wide range of international organizations and firms. She is a frequent guest and commentator on German television and radio and regularly analyzes US policy for the news broadcaster n-tv. An experienced TV anchor, she is chief political correspondent at DW TV and also hosts the DW talk show “Quadriga”. -
RTL Group S.A. Bertelsmann SE & Co. Kgaa Super RTL RTL Television RTL Crime RTL Living RTL NITRO GEO Television RTL II
Veranstalterbeteiligungen und zuzurechnende Programme der RTL Group im bundesweiten Fernsehen Reinhard Mohn 77,6* Bertelsmann Verwaltungs- Stiftung (Z) 3,3* (Z) gesellschaft mbH ** Familie Mohn 19,1* Bertelsmann Stiftung (Z) Familie Jahr Bertelsmann Management SE 74,9 Druck- und Verlagshaus 25,1 (Komplementärin ohne Kapitalbeteiligung) Gruner + Jahr AG 100 (Z) (Komplementärin) Constanze-Verlag Bertelsmann SE & Co. KGaA 2 GmbH & Co. KG 73,4 Gruner + Jahr 24,6 100 AG & Co. KG Bertelsmann Capital 59,9 15 Dr. Hermann Holding GmbH Dietrich-Troeltsch Motor Presse Stuttgart 75,1 GmbH & Co. KG 25 ,1 P+S Verwaltungs- gesellschaft mbH 24,14 Streu- RTL Group S.A. besitz (Eigenbesitz 0,76 %) 51 auto motor und sport channel 99,72 100 Motor Presse TV Streu- 0,28 RTL Group GmbH CLT-UFA S.A. Germany S.A. besitz 49 100 Jörg Schütte RTL Group Deutschland GmbH 100 UFA Film und 100 UFA Film & TV Fernseh GmbH Produktion GmbH 50 27,3 8,6 100 49,6 RTL II Super RTL RTL Television 50,4 Passion RTL DISNEY Fernse- RTL 2 Fernsehen RTL Crime Passion GmbH hen GmbH & Co. KG GmbH & Co. KG RTL Living 50 RTL NITRO 100 99,7 VOX BVI Television KG Heinrich 31,5 GEO Television VOX Holding Investments, Inc. Bauer Verlag GmbH VOX Television RTL Television GmbH GmbH 100 (Z) 100 Tele-München 0,3 Walt Disney 50 50 (Z) 31,5 Fernseh-GmbH & Co. Company (Z) Medienbeteiligung KG n-tv DCTP Entwicklungsgesellschaft n-tv Nachrichten- 1,1 für TV-Programm mbH Burda GmbH fernsehen GmbH *: vereinfachte Darstellung mit durchgerechneter Kapitalbeteiligung, sämtliche Stimmrechte der Bertelsmann SE & Co. -
Prospectus 2020 (March 24, 2020)
Debt Issuance Programme Prospectus dated 24 March 2020 This document constitutes the base prospectus for the purposes of Article 8(1) of Regulation (EU) 2017/1129 of the European Parliament and of the Council of 14 June 2017, (the "Prospectus Regulation") and the Luxembourg act relating to prospectuses for securities of 16 July 2019 (Loi du 16 juillet 2019 relative aux prospectus pour valeurs mobilières et portant mise en œuvre du règlement (UE) 2017/1129) (the "Luxembourg Law") of Bertelsmann SE & Co. KGaA in respect of non-equity securities within the meaning of Article 2(c) of the Prospectus Regulation ("Non-Equity Securities"), (the "Debt Issuance Programme Prospectus" or the "Prospectus"). Bertelsmann SE & Co. KGaA (Gütersloh, Federal Republic of Germany) as Issuer EUR 5,000,000,000 Debt Issuance Programme (the "Programme") This Prospectus has been approved by the Luxembourg Commission de Surveillance du Secteur Financier (the "Commission") as competent authority under the Prospectus Regulation. The Commission only approves this Prospectus as meeting the standards of completeness, comprehensibility and consistency imposed by the Prospectus Regulation. Such approval should not be considered as an endorsement of the issuer or of the quality of the Notes that are the subject of this Prospectus. Investors should make their own assessment as to the suitability of investing in the Notes. Application has been made to list Notes issued under the Programme on the official list of the Luxembourg Stock Exchange and to trade Notes on the Regulated Market or on the professional segment of the Regulated Market "Bourse de Luxembourg". The Luxembourg Stock Exchange's Regulated Market is a regulated market for the purposes of the Market in Financial Instruments Directive 2014/65/EU, as amended (the "Regulated Market"). -
Entscheidungen Im August 2020 Und Ergebnisse Der 252. Sitzung Der KEK Zulassungen • Supreme Master TV / Supreme Master Ching Hai Deutschland E
KEK-Pressemitteilung 04/2020 • Berlin, 8. September 2020 Entscheidungen im August 2020 und Ergebnisse der 252. Sitzung der KEK Zulassungen • Supreme Master TV / Supreme Master Ching Hai Deutschland e. V. • TVR (Arbeitstitel) / Deutsches Musik Fernsehen GmbH & Co. KG Beteiligungsveränderungen • TM-TV GmbH • ProSiebenSat.1 Media SE • RTL Group S.A. • German Car TV Programm GmbH und MV Sendebetriebs- gesellschaft UG (haftungsbeschränkt) • sporttotal.tv GmbH • WeltN24 GmbH und Bild GmbH Die Kommission zur Ermittlung der Konzentration im Medienbereich (KEK) hat entschieden, dass den folgenden Zulassungen und Beteiligungsveränderungen keine Gründe der Sicherung der Meinungsvielfalt entgegenstehen: Zulassung Supreme Master TV / Supreme Master Ching Hai Deutschland e. V. Der Supreme Master Ching Hai Deutschland e.V. hat bei der Medienanstalt Berlin-Brandenburg (mabb) eine Zulassung für das bundesweite Fernsehspartenprogramm Supreme Master TV beantragt. Das Programm Supreme Master TV ist geprägt vom Leben und Wirken der Ching Hai, einer vietnamesischen Schriftstellerin, Unternehmerin und Meditationslehrerin, die in ihrem Umfeld als spirituelle Meisterin gilt. Themenschwerpunkte sind unter anderem Veganismus, Frieden, Kultur, Spiritualität, Umwelt und Gesundheit. Supreme Master TV wird bereits international über verschiedene Ausspielwege verbreitet. In Deutschland ist der Empfang über die sendereigene Website www.suprememastertv.com und über YouTube, Apple TV, Amazon Fire TV sowie Android-Smart-TV-Systeme und TikTok möglich. 1/8 Zulassung TVR (Arbeitstitel) / Deutsches Musik Fernsehen GmbH & Co. KG Die Deutsches Musik Fernsehen GmbH & Co. KG plant ein Unterhaltungsspartenprogramm unter dem Arbeitstitel TVR. Das Programm soll frei empfangbar über Satellit (Astra) und Kabel (PŸUR/Tele Columbus) erfolgen. Ein entsprechender Zulassungsantrag wurde bei der Bremischen Landesmedienanstalt (brema) gestellt. Die Deutsches Musik Fernsehen GmbH & Co. -
Proposal Hegelich-Klitgaard
APPLICATION FORM FOR PROSPECTIVE WORKSHOP DIRECTORS Title of proposed workshop: The Strategic Dimension of Social Policy Reforms Subject area: comparative public policy analysis, welfare state research, party politics Abstract of proposed workshop: Welfare state reforms that impose losses on concentrated groups are politically dangerous to implement. They should consequently be accomplished during carefully designed decision making processes leaving policy-makers a number of blame-avoidance opportunities. This hypothesis dominates contemporary welfare state research but is more often suggested than empirically analyzed. Modern research has primarily focused on reform outcomes, and analyzed how and whether decision makers respond properly to a variety of challenges facing modern welfare states and their expanded social policy programs. With this workshop we intend to shed light on the strategic and political dimensions of reforming social policy and popular entrenched policy programs in general. What strategies are for example deployed by elected decision makers when they face the trade-offs between policy-seeking, vote- seeking and office-seeking behaviour? How can decision-making processes be designed strategically to increase the chance of succeeding with a planned reform program? How do policy makers safeguard own political interests while at the same time implement necessary reforms in the welfare state? We welcome papers dealing with these and related topics – preferably in a comparative perspective. Name of workshop director(s): -
AXA Impact Fund – Climate & Biodiversity
For professional clients only December 2019 Impact Investing Case Study Private Markets Defining strategic impact objectives: AXA Impact Fund – Climate & Biodiversity Impact investment at AXA Investment Managers follows deepest and most diversified investment opportunity sets to a simple guiding principle—what we do should deliver generate outcomes that are intentional, measurable, and positive. impact “Addressing eroding biodiversity is a complex but This principle lies at the heart of the AXA Impact Fund - increasingly pressing challenge. Nature produces Climate & Biodiversity, our third impact fund and one elements essential to human activity and to our very focused on the ecosystems that will support our world survival, from food and shelter to medicines’ active into the future. ingredients. Moreover, diverse ecosystems are key to tackling climate change, as flourishing forests and well- preserved oceans absorb carbon emissions. Conversely, We believe that finance has a role in fostering a society that climate change accelerates biodiversity loss, creating a supports fairness and equity, as well as an environment that vicious circle. Our dependence on diverse ecosystems to can sustain our population and our investments over the long thrive, if not survive, is therefore not to be doubted.” — term. This is core to our identity, and is embedded in what Thomas Buberl – AXA Group CEO we do and in how we serve our clients. outcomes. This is why we established the AXA Impact Investing (Private The Climate & Biodiversity fund, launched in July 2019, was Equity) strategy in 2012. Our objective was to use our developed in response to increasing concerns about how institutional investing expertise to demonstrate that investors climate change threatens biodiversity. -
Núria Cabutí Joins Bertelsmann Supervisory Board
PRESS RELEASE Núria Cabutí Joins Bertelsmann Supervisory Board • CEO of Penguin Random House Grupo Editorial also to represent Bertelsmann’s international executives on the Board Gütersloh, May 7, 2021 – Núria Cabutí, CEO of the Spanish-language book publishing group Penguin Random House Grupo Editorial, will be newly appointed to Bertelsmann’s Supervisory Board as of June 1, 2021. She will serve on the supervisory body in her capacity as representative of Bertelsmann executives. In this role, Núria Cabutí succeeds Ian Hudson, who had left the Supervisory Board after leaving the Group in March 2020. Prior to her appointment to the Supervisory Board, Núria Cabutí was unanimously elected as the new Chairwoman of the Bertelsmann Management Representative Committee (BMRC), which represents the company’s international executives. Christoph Mohn, Chairman of the Bertelsmann Supervisory Board, said: “I am very pleased that in Núria Cabutí, we are able to welcome an outstanding and internationally accomplished top manager from our company to the Bertelsmann Supervisory Board. As CEO of Penguin Random House Grupo Editorial, she knows the book business – our oldest core business and as ever, part of our identity – intimately. Thanks to the publishing group’s broad footprint in a total of nine Spanish-speaking countries, she has an international perspective that will enrich our discussions on the Supervisory Board. On behalf of all members, I warmly welcome Núria Cabutí to the Bertelsmann Supervisory Board and look forward to working with her.” A native of Barcelona, Núria Cabutí holds a degree in economics from the Universidad Autónoma de Barcelona (UAB), a degree in economics from Oxford Brookes University, and an MBA from the Spanish business school IESE. -
Bertelsmann Starts 2019 with Revenue Growth
PRESS RELEASE Bertelsmann Starts 2019 with Revenue Growth • Revenues in Q1 2019 rise to €4.21 billion, highest first-quarter revenues since 2008 • Organic growth improves to 3.5 percent • High-growth businesses show organic revenue growth of 12.8 percent • Strategic progress across all divisions • Forecast confirmed Gütersloh, May 16, 2019 – Bertelsmann has made a successful start to its current financial year: The international media, services and education company recorded improved organic growth and a significant increase in revenues in the first quarter of 2019. This positive development has been driven by the Group’s digital and high-growth businesses. Group revenues increased by 5.4 percent to €4.21 billion (prior-year quarter: €3.99 billion), the highest first-quarter revenues since 2008. Organic growth improved to 3.5 percent. Bertelsmann’s high-growth businesses performed particularly well, recording organic revenue growth of 12.8 percent. Their share of total revenue amounted to 34 percent. Bertelsmann Chairman & CEO Thomas Rabe said: “The start of this year was very promising. Bertelsmann looks back on one of its best first quarters in recent years. The strategic expansion of our high-growth businesses in recent years is increasingly bearing fruit. In the first few months of 2019, we once again made considerable progress in implementing our strategy. One focus was stepping up the establishment of collaborations, such as the Bertelsmann Content Alliance in Germany. We will continue to invest in our businesses’ creativity and entrepreneurship over the course of the year and are confident of achieving our targets for the full year.” Bertelsmann has made a number of strategic advances in recent months: RTL Group increased its digital revenues by 15.8 percent in the first quarter, to €220 million (prior-year quarter: €190 million). -
Informational Materials
This is the ‘decisive decade’ to fight climate change — and insurers need NSD/FARA Registration Unit 08/09/2021 3:54:36 PM B Sign in URL: https://money.yahoo.com/how-insmers-can-combat-climate-change-152416073.html Coronavirus Articles &'Tutorials News Career Planning yahoo/financeYahoo Finance This is the ‘decisive decade’ to fight climate change — and insurers need to play a key role Read full article Sting Thomas Buberl Retirement June 11, 2021 -5 min read https://money.yahoo.com/how-insurers-can-combat-climate-change-l524Registration Unit 08/09/2021 3:54:36 PM This is the ‘decisive decade’ to fight climate change — and insurers need NSD/FARA Registration Unit 08/09/2021 3:54:36 PM U.S. Special Presidential Envoy for Climate John Kerry greets Transportation Secretary Pete Buttigieg, not pictured, ahead of a virtual Climate Summit with world leaders in the EaSt Room at the White House in Washington, U.S., April 23, 2021. REUTERS/Tom Brenner More This is an opinion piece by Thomas Buberl, the CEO ofAXA, a Paris-based international insurance company with operations in 54 countries around the world. As a European CEO of a global company long committed to combating climate change, I have always been convinced the United States has a decisive part to play in meeting the ambitious objectives of the Paris climate agreement. The emissions pledges at the recent White House "Climate Summit of World Leaders" by President Biden and many other world leaders illustrate that these goals are now shared on both sides of the Atlantic, ahead of the key COP 26 climate negotiations in Glasgow, Scotland this November. -
Inspiring People. Shaping the Future. ZIELE | GOALS
Menschen bewegen. Zukunft gestalten. Inspiring people. Shaping the future. ZIELE | GOALS „Freiraum und Kreativität sind neue Bedingungen der Anpassung und des Fortschritts.“ “Freedom and creativity are the new prerequisites for adapting to change and making progress.” Reinhard Mohn (1921–2009), Stifter | Founder 2 | Reinhard Mohn ( 2009) hat die Bertelsmann Stiftung 1977 gegründet. Seine Überzeugung, dass Eigentum mit gesellschaftlicher Verant- wortung verbunden ist, prägt unsere Arbeit. Unser Ziel ist eine chancengerechte Gesell- schaft mit demokratischen Werten, verläss- lichen ökonomischen Rahmenbedingungen und sozialer Integration. Darum setzen wir uns für Teilhabe in unserer globalisierten Welt ein. Reinhard Mohn ( 2009) founded the Bertelsmann Stiftung (Foundation) in 1977. His belief that wealth entails social responsi- bility serves as the basis for our work. Our goal is an equitable society defined by democratic values, stable economic condi- tions and social integration. As a result, we are committed to helping people participate in our globalized world. | 3 VORSTAND | EXECUTIVE BOARD Der Vorstand trägt als Team die Verantwortung für die Programme und die Auslands- standorte in Brüssel, Barcelona und Washington D. C.: Dr. Jörg Dräger, Dr. Brigitte Mohn, Liz Mohn, stellvertretende Vorsitzende, Dr. Ralph Heck, Vorsitzender (von links) The Executive Board guides the Bertelsmann Stiftung, sharing responsibility for our programs and for our international affiliates in Brussels, Barcelona and Washington, DC: (left to right) Dr. Jörg Dräger, Dr. Brigitte Mohn, Liz Mohn (Vice-Chairwoman), Dr. Ralph Heck (Chairman) 4 | Liebe Leserinnen Dear Readers, und Leser, wer ist die Bertelsmann Stiftung? Who is the Bertelsmann Stiftung? Was sind unsere Ziele? Wie arbeiten What are our goals? How do we carry wir? Diese und andere Fragen wollen out our work? This brochure is meant wir Ihnen im Folgenden kurz und knapp to provide clear, concise answers to beantworten. -
TV News Channels in Europe: Offer, Establishment and Ownership European Audiovisual Observatory (Council of Europe), Strasbourg, 2018
TV news channels in Europe: Offer, establishment and ownership TV news channels in Europe: Offer, establishment and ownership European Audiovisual Observatory (Council of Europe), Strasbourg, 2018 Director of publication Susanne Nikoltchev, Executive Director Editorial supervision Gilles Fontaine, Head of Department for Market Information Author Laura Ene, Analyst European Television and On-demand Audiovisual Market European Audiovisual Observatory Proofreading Anthony A. Mills Translations Sonja Schmidt, Marco Polo Sarl Press and Public Relations – Alison Hindhaugh, [email protected] European Audiovisual Observatory Publisher European Audiovisual Observatory 76 Allée de la Robertsau, 67000 Strasbourg, France Tel.: +33 (0)3 90 21 60 00 Fax. : +33 (0)3 90 21 60 19 [email protected] http://www.obs.coe.int Cover layout – ALTRAN, Neuilly-sur-Seine, France Please quote this publication as Ene L., TV news channels in Europe: Offer, establishment and ownership, European Audiovisual Observatory, Strasbourg, 2018 © European Audiovisual Observatory (Council of Europe), Strasbourg, July 2018 If you wish to reproduce tables or graphs contained in this publication please contact the European Audiovisual Observatory for prior approval. Opinions expressed in this publication are personal and do not necessarily represent the view of the European Audiovisual Observatory, its members or the Council of Europe. TV news channels in Europe: Offer, establishment and ownership Laura Ene Table of contents 1. Key findings ......................................................................................................................