Bertelsmann's net rises 55% on growth in core Europe markets
Article Abstract:
Bertelsmann AG of Germany posted a soaring net profit rise in the first quarter of 55 percent to 51 million Euros ($64.5 million) from 33 million Euros last year. Revenues for the music company were driven by increased market share in Europe and the United States, offsetting restructuring expenses.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2006
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Bertelsmann loss blamed on charge from Napster tiff
Article Abstract:
First-quarter net profit for German media firm Bertelsmann AG dropped by $ 154 mil in charges connected to litigation in the U.S. involving Napster Inc. Bertelsmann had financed Napster back in 2000. Sales fell by 1.9%.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2007
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