Media: "We're not hitting the brakes" - Rabe expects further acquisitions at Bertelsmann
With Sky Deutschland and Concord, Bertelsmann is betting on size in the media and music business. At the same time, Thomas Rabe is preparing the group for the leadership change in 2027.
Bertelsmann CEO Thomas Rabe will hand over the company to his successor with strong numbers at the end of the year. The media, education and service company reported an organic sales increase of over 5 percent in the first half-year, its strongest growth in about 20 years. Bertelsmann's forecast has been raised due to the approved acquisition of Sky Deutschland by RTL and the merger of music companies BMG and Concord.
The company expects strong growth in sales and a significant increase in operating profit for 2026, after generating 9.3 billion euros in sales and a 292 million euro group result in the first half-year.
Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
