On May 30, 2014, Gruner + Jahr completed the sale of its US print business, Brown Printing Company, to Quad/Graphics, Inc.
On July 1, 2014, Penguin Random House fully acquired the Santillana Ediciones Generales publishing group from the Spanish media company Prisa.
On July 4, 2014, the General Meeting of Bertelsmann SE & Co. KGaA elected Murat Cetin to the company’s Supervisory Board. As employee representative, he succeeds Horst Keil, who left the Board in May 2014.
On September 1, 2014, RTL Group took over 70.79 percent of SpotXchange. The US company operates one of the largest technology platforms for programmatic online video advertising.
On September 30, 2014, Be Printers completed the sale of its Italian print business as well as the calendar business.
Effective November 1, 2014, Bertelsmann acquired the remaining minority shares of 25.1 percent in Gruner + Jahr.
Effective November 3, 2014, Bertelsmann acquired the US online education provider Relias Learning from the private equity company Vista Equity Partners. The company offers training on an online platform for employees in the healthcare sector, including elder care and other health-care professions. The acquisition of Relias Learning will help to develop the education business as a third pillar in addition to media and services.
In its meeting on November 28, 2014, the Supervisory Board approved two personnel changes in the Bertelsmann Executive Board. Since January 1, 2015, Immanuel Hermreck, formerly Corporate HR Head, has been a member of the Executive Board with responsibility for the recently created Human Resources Board department. Chief Financial Officer Judith Hartmann left Bertelsmann effective January 31, 2015. Executive Board Chairman Thomas Rabe took over responsibility for the Board’s finance department on an provisional basis.
On December 1, 2014, RTL Group acquired control of StyleHaul and now holds 97 percent of the company. StyleHaul is the leading multichannel network on YouTube for fashion, beauty and lifestyle.