Germany’s Bertelsmann Hits Revenue Record, Halves Profit in 2022

German media giant Bertelsmann closed out 2022 on a high, with overall revenues hitting $21.9 billion (€20.2 billion), the highest in the company’s history. But the group, which controls European TV conglomerate RTL Group and production subsidiary Fremantle, music division BMG and leading publisher Penguin Random House, saw profits more than half to $1.14 billion […]