Bertelsmann AG

(Newser) - Roger Waters is about to lose his record company. That's according to sources who tell Variety that BMG is preparing to drop the 80-year-old Pink Floyd co-founder after a series of recent incendiary remarks about Israel, Ukraine, and the United States. During a concert tour last year, Waters was...

(Newser) - Sony will buy out Bertelsmann AG’s half-share of the Sony BMG music venture for $900 million, the Wall Street Journal reports—a significant bet in an industry that has seen little good news recently. Though sales of recorded music are down, Sony’s other ventures—its own consumer-electronics franchises,...

(Newser) - Random House chief executive Peter Olson is expected to step down within weeks amid slumping profits and pressure from the company's German owners, the Wall Street Journal reports. Bertelsmann's new boss is dissatisfied with Random House's recent performance and insiders say doubts arose over Olson's strategies and his ability to...

(Newser) - Wikipedia will soon hit bookshelves, the AP reports: German giant Bertelsmann AG is publishing a condensed print edition of the user-generated encyclopedia. The One-Volume Wikipedia Encyclopedia will contain 50,000 of the most-searched-for German entries this year—and it could be the first in an annual series. “A yearbook...