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| Topic: |
Business
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| Number of pages / Number of words: |
10 / 2548 |
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In the 1990's the company went digital with the establishment of AOL Europe and the network company mediaWays, Europe's second largest network provider, and in 1999 launched BOL, an international media shop. In 1998 Thomas Middelhoff became CEO and acquired Random House and concentrated book publishing in the United States under this label...
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It was the result of a merger between CLT-UFA and the British company Pearson TV. In 2002 Bertelsmann acquired Zomba, the world's largest independent music company. This move, along with the addition of superstars like the Backstreet Boys and Britney Spears to its stable, pushed the BMG division into third place worldwide in music publishing...
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