Bertelsmann is a multinational media conglomerate headquartered in Gütersloh, Germany. It was founded in 1835 by Carl Bertelsmann and has since grown to become one of the largest media and services companies in the world. Initially established as a publishing house, Bertelsmann has diversified its operations over the years.

Today, it operates in various sectors including television, radio, book publishing, music, education services, and magazine publishing. The company has a global presence with operations in over 50 countries. Bertelsmann has several well-known subsidiaries and joint ventures.

One of its significant subsidiaries is Penguin Random House, which is one of the world's largest English-language book publishers. It also holds a majority stake in RTL Group, a leading European entertainment network consisting of television and radio stations. BMG, another subsidiary, is a global music company that manages a vast catalog of music rights and represents renowned artists.

Bertelsmann also has partnerships with various companies, such as Vice Media and the digital learning platform Udacity. In terms of market position, Bertelsmann is a major player in the global media industry. It consistently ranks among the top media companies worldwide in terms of revenue.

The company's global sales exceeded €17 billion in 2020. Despite facing competition from other media conglomerates, Bertelsmann has maintained a strong standing by leveraging its diverse portfolio and strategic acquisitions. Throughout its history, Bertelsmann has experienced significant events and achievements.

Notably, the company entered the American market in the 1970s and expanded its presence there through various acquisitions. In recent years, Bertelsmann has also focused on digital transformation and has invested in technology-based ventures to adapt to changing consumer demands. As of the latest update, Bertelsmann continues to innovate and expand its operations.

The company's ongoing digital transformation and focus on growth areas such as e-learning and data-driven marketing strategies are driving its development. It remains a key player in the global media landscape, consistently adapting to new trends and technologies to maintain its position as a leader in the industry