News
Bartelsmann to Plot New Course Without Sony
When Hartmut Ostrowski was an up-and-comer in Bertelsmann’s printing and services division in the 1990s, his bosses were discouraged from speaking at meetings of the top executives. In the glamorous world of Bertelsmann, a global media empire with music, television, and publishing properties – Germany’s answer to Time Warner – services were viewed as strictly a backstage function. Now, with Mr. Ostrowski at the helm of Bertelsmann, the stagehands are striding into the spotlight. Two weeks ago, he named Markus Dohle, a 39-year-old German who runs the company’s printing operations, as chief executive of Random House, the world’s largest consumer… Read more »