Holtzbrinck Publishing Group
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.
Parent company
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.[2][3]
History[edit]
The history of Georg von Holtzbrink's publishing activities during the Nazi years 1933-1945 has been controversial.[4][5] After World War II, Georg von Holtzbrinck, a former member of the Nazi party,[6] 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.[7]
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.[8]
In Germany:
In the United States:
Using the Macmillan name:
Using the Audio Renaissance name in Southfield, Michigan:
In the United Kingdom: