European Media Giant Bertelsmann’s Revenues Soar to $21 Billion, But Profits Halve
Music

European Media Giant Bertelsmann’s Revenues Soar to $21 Billion, But Profits Halve

Revenues at European media giant Bertelsmann, the parent company of Fremantle, RTL Group, BMG and Penguin Random House, leapt 8.3% from €18.7 billion ($20.2 billion) in 2021 to  €20.2 billion ($21.8 billion) in 2022. These are the highest revenues in the company’s history. While the company’s operating EBITDA (earnings before interest, taxes, depreciation, and amortization) […]

March 30, 2023

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