Holtzbrinck Publishing Group facts for kids
Parent company | Verlagsgruppe Georg von Holtzbrinck GmbH |
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Status | Private |
Founded | 1948 |
Founder | Georg von Holtzbrinck |
Country of origin | Germany |
Headquarters location | Stuttgart, Germany |
Distribution | Worldwide |
Publication types | Books, Newspapers, Academic journals, Magazines |
Imprints | See below |
Owner(s) |
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Holtzbrinck Publishing Group (German: Verlagsgruppe Georg von Holtzbrinck) is a privately held German company headquartered in Stuttgart, that owns publishing companies worldwide. Through Macmillan Publishers, it is one of the Big Five English-language publishing companies.
In 2015, it merged most of its Macmillan Science and Education unit (including Nature Publishing Group) with Springer Science+Business Media, creating the company Springer Nature. Holtzbrinck owns 53% of the combined company.
History
The history of Georg von Holtzbrink's publishing activities during the Nazi years 1933-1945 has been controversial. After World War II, Georg von Holtzbrinck, a former member of the Nazi party, reestablished a group in 1948, beginning as a German book club. In the 1960s, it purchased the German publishing companies Droemer, Kindler, Rowohlt and S. Fischer Verlag. In 1985, it acquired the retail book division of Holt, Rinehart and Winston, naming it the Henry Holt Book Company. One year later, the company acquired Scientific American magazine for $52.6 million. In 1994, it purchased a majority interest in Farrar, Straus & Giroux from retiring Roger W. Straus, Jr. A year later, it purchased a 70% majority interest in Macmillan Publishers, and then the remaining shares in 1999. In 2001, Pearson sold the Macmillan trademark in the United States (gained with the acquisition of Simon & Schuster educational and professional division, which included the assets of former Macmillan Inc.) to Holtzbrinck.
In March 2006, Holtzbrinck forced Tor Books, which is owned by Holtzbrinck, to stop making its books available as e-books via Baen Ebooks because of concerns regarding the lack of digital rights management (DRM). The policy was later changed and Tor titles became available as DRM-free e-books in 2012. The Tor UK label in Britain (and hence the EU) does the same. The company also received a good deal of attention when it bought the then leading German social networking platform StudiVZ in January 2007.
Holtzbrinck has total annual sales of 2.1 billion euros (as of 2005); 49% of sales are in Germany and 23% in North America. It had 2005 earnings before taxes of 142 million euros, and a total of 14,000 employees.
The current chairman of the group is Stefan von Holtzbrinck. Don Weisberg is CEO of Macmillan, the company that unites the US-based businesses of the group. Previous CEOs of Macmillan include John Sargent.
Subsidiaries and imprints
In Germany:
- S. Fischer Verlag
- FISCHER Krüger
- Argon Verlag
- FISCHER Scherz
- Rowohlt Verlag
- Kiepenheuer & Witsch (85%)
- Verlagsgruppe Droemer Knaur (50%)
- O.W. Barth
- Die Zeit (50%)
In the United States:
Using the Macmillan name:
- Farrar, Straus and Giroux
- Faber & Faber (formerly; ended partnership in 2015)
- Henry Holt and Company
- Holt Paperbacks
- Metropolitan Books
- Times Books
- Owl Books
- Palgrave Macmillan
- Picador
- Roaring Brook Press
- Neal Porter Books
- First Second Books
- St. Martin's Press
- Thomas Dunne Books
- Tom Doherty Associates
- Tor Books
- Forge Books
- Bedford, Freeman and Worth Publishing Group
- W.H. Freeman
- Bedford-St. Martin's
- Worth Publishers
- Macmillan Learning
- Hayden-McNeil
- Nature Publishing Group
Using the Audio Renaissance name in Southfield, Michigan:
- Renaissance Media
In the United Kingdom:
- Macmillan Publishers
- Palgrave Macmillan
- Pan Macmillan
- Macmillan
- Pan Books
- Picador
- Macmillan Children's Books
- Campbell Books
- Priddy Books
- Boxtree
- Sidgwick & Jackson
- Macmillan Education
- Springer Nature (53%)
- Digital Science
See also
- The Big Five English-language book publishers: Simon & Schuster, Penguin Random House, HarperCollins, Macmillan Publishers, and Hachette
- Springer Nature
- Books in Germany
- Bertelsmann
- Elsevier
- Lagardère Publishing
- McGraw Hill Education
- Pearson plc
- News Corp
- Scholastic Corporation
- Thomson Reuters
- Wiley (publisher)