Word: gruner
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Dates: during 2000-2000
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...privately held company had sales of $13.7 billion and profits of $480 million. Its empire stretches from John Grisham's novels (Random House) to Whitney Houston's hit tunes (BMG), and from Family Circle magazine to Germany's most prominent publications, like the provocative newsweekly Stern (both owned by Gruner + Jahr). Through a joint venture with British media giant Pearson PLC in the RTL Group, the company owns syndication rights to a vast universe of television programs, including Baywatch and The Price Is Right. And Bertelsmann also does a multibillion-dollar global business in printing and publishing services; the magazine...