Georg von Holtzbrinck Publishing Group
|Founder||Georg von Holtzbrinck|
|Country of origin||Germany|
|Publication types||Books, Newspapers, Academic journals, Magazines|
Verlagsgruppe Georg von Holtzbrinck is a Stuttgart-based publishing holding company which owns publishing companies worldwide. The company has published a wide variety of books, from The Satanic Verses of Salman Rushdie to classics by Agatha Christie, Jean-Paul Sartre, Ernest Hemingway and John Updike. Other well-known publications of the company include the scientific journal Nature and Scientific American.
Established by Georg von Holtzbrinck in 1948, the group first began as a German book club. In the 1960s, it purchased Droemer, Kindler, Rowohlt and S. Fischer Verlag, two German publishing companies. In 1985, it acquired the retail book division of Holt, Rinehart and Winston, naming it the Henry Holt Book Company. One year later, the company acquired Scientific American magazine for $52.6 million. In 1994, it purchased a majority interest in Farrar, Straus & Giroux from retiring Roger W. Straus, Jr. A year later, it purchased a 70% majority interest in The Macmillan Group, and then the remaining shares in 1999.
In March 2006, Holtzbrinck forced Tor Books, which is owned by Holtzbrinck, to stop making its books available as eBooks via Baen Ebooks because of concerns regarding the lack of digital rights management (DRM). These concerns abated in 2007 and selected Tor titles will soon be available as e-books via Baen and a variety of other online retailers. The company also received a good deal of attention when it bought the then leading German social networking platform StudiVZ in January 2007.
Holtzbrinck has total annual sales of 2.1 billion euros (as of 2005); 49% of sales are in Germany and 23% in North America. It had 2005 earnings before taxes of 142 million euros, and a total of 14,000 employees.
- S. Fischer Verlag
- Rowohlt Verlag
- Kiepenheuer & Witsch (85%)
- Verlagsgruppe Droemer Knaur (50%)
- Verlag J. B. Metzler (de)
- Die Zeit (50%)
In the United States:
- Farrar, Straus and Giroux
- Henry Holt and Company
- Palgrave Macmillan
- Roaring Brook Press
- St. Martin's Press
- Tom Doherty Associates
- Bedford, Freeman and Worth Publishing Group
- Nature Publishing Group
In the United Kingdom:
- Macmillan Publishers (100%)
- The Big Six book publishers: Simon & Schuster, Random House, Penguin Putnam, HarperCollins and Hachette
Notes and references
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