Bauer Media Group
German multimedia conglomerate / From Wikipedia, the free encyclopedia
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Heinrich Bauer Publishing (German: Heinrich Bauer Verlag KG), trading as Bauer Media Group, is a German multimedia conglomerate headquartered in Hamburg. It operates worldwide and owns more than 600 magazines, over 400 digital products and 50 radio and TV stations, as well as print shops, postal, distribution and marketing services. Bauer has a workforce of approximately 11,000 in 17 countries.[2]
Bauer Media Group | |
Company type | Private Kommanditgesellschaft |
Industry | Media |
Founded | 1875; 149 years ago (1875) |
Headquarters | Hamburg, Germany |
Area served | Worldwide |
Key people |
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Products | Multi-platform media: print, digital, radio, TV; print houses, logistics, distribution and marketing services, online comparison platforms, Marketing and Sales Services for SME |
Revenue | €2.316 billion (2015)[1] |
Owner | Yvonne Bauer (85%) |
Number of employees | 11,500 (2015)[1] |
Website | www |
Bauer Verlagsgruppe has been managed by five generations of the Bauer family.[3] In November 2010, Heinz Heinrich's daughter Yvonne Bauer became CEO and 85% owner of the Bauer Media Group after joining the family business in 2005.[4]
In February 2021, Bauer Media Group announced it was to acquire Ireland's Communicorp Group, subject to regulatory approval.[5] The acquisition was completed on 1 June 2021.