Area served Europe Number of employees 12,500 Founded 1965 | ||
Key people Bernd Klaus Buchholz (CEO)Torsten-Jörn Klein (head of International Magazines) CEO Julia Jäkel (10 Apr 2013–) Subsidiaries PRISMA MEDIA, Deutscher Pressevertrieb, News Profiles | ||
Gruner + Jahr AG & Co KG is Europe's largest printing and publishing firm. It is headquartered in Hamburg.
Contents
- Einsendung zum jugendwettbewerb von den auszubildenden der gruner jahr ag co kg spot 1
- History
- Publications
- Operations
- Subsidiaries
- Henri Nannen Prizes
- 2004
- 2005
- 2006
- 2007
- 2010
- References
Einsendung zum jugendwettbewerb von den auszubildenden der gruner jahr ag co kg spot 1
History
Founded on 1 August 1948 as the Henri Nannen publishing house, Gruner + Jahr was created in 1965 from a merger by acquisition, by publishers John Jahr Sr. and Gerd Bucerius joining the printing firm of Richard Gruner. In 1969, Richard Gruner retired, and thanks to the entrepreneurship of Reinhard Mohn, Bertelsmann acquired 25% of the ownership. Over the next fifteen years, the firm grew by expansion, acquisition (publishers Kindler & Schiermeier) and merger (Spiegel Verlag and Motor-Presse Verlag). By 1976, Bertelsmann owned a 74.9% stake, and the Hamburg publishing family Jahr owned 25.1%, a balance which has been maintained through 2007.
In 1978, Gruner + Jahr became the first German publishing house to expand into other European and International markets. Over the next twenty years, publishing houses in France, the USA, and Spain were purchased, and a number of new magazines were started in Germany including Impulse, Schöner Essen, and Gala. In 1990 Gruner + Jahr moved into its new headquarter at Neustadt's Baumwall, a 88,000 m2 (947,000 sq ft) large, metal clad office complex designed by Otto Steidle. In 2005, Gruner + Jahr exited the U.S. magazine business, selling its women's magazine portfolio to the Meredith Corporation and its business magazine portfolio to Mansueto Ventures. In 2005-2006, Gruner + Jahr participated in the Du bist Deutschland marketing campaign.
In 2006, Gruner + Jahr surpassed Hubert Burda Media to become the largest European publisher, based on market share.
Publications
Gruner + Jahr publishes approximately 285 magazines and newspapers in 22 countries, including Poland, Spain, Russia, France and the People's Republic of China. As of 2007, Gruner + Jahr publications include:
Operations
Bernd Kundrun is Chairman of the Board, and also a member of the executive committee of Bertelsmann. Gruner + Jahr has more than 12,500 employees and had gross profits for 2005 of 2.62 billion euro, of which 57% were from outside Germany.
Subsidiaries
In addition to direct publishing, Gruner + Jahr own interests in a number of other publishers and printers. They own 60% of Sächsische Zeitung, 56% of the NEWS Publishing Group, 25.5% of Spiegel Publishing and 95% of Henri-Nannen-Schule, a journalism school in Germany.
On 22 November 2011, it was announced that Gruner + Jahr AG & Co. KG transferred its entire 37.45-percent stake in the Prinovis Ltd. & Co. KG gravure joint venture to Arvato, another Bertelsmann division.
Gruner + Jahr owns several publishers and printers outright (100%), including the second largest magazine printer in France, the Prisma Presse S.N.C. in Paris.
Gruner + Jahr established operations in India in 2008. On 1 July 2011, Gruner + Jahr acquired a 78.75 percent interest in one of the leading publishing houses in India, MaXposure Media Group India Pvt Ltd. This was followed by acquisition of digital ad network Networkplay March 2012 and acquisition of mobile ad-network SeventyNine. In May 2014, Gruner + Jahr acquired a 50 percent interest in one of the leading Word-of-Mouth Marketing company in Europe trnd, to complete its adverting sales in press.
Henri Nannen Prizes
Gruner + Jahr annually awards the Henri Nannen Prizes, in five news categories: best reportage, best investigative report, best documentary, best humor piece, and best photojournalism article. The prizes are awarded in May for the previous year.