Hubert Burda Media
Hubert Burda Media Holding is a German media group with headquarters in Offenburg. It originated as a small printing business, founded by Franz Burda Snr in Philippsburg, in 1903.
Hubert Burda Media
- Hubert Burda[4] (publisher, general partner)
- Paul-Bernhard Kallen[5] (chief executive officer)
€2.66 billion[6] (2018)
12,369[6] (2018)
In 1986, the corporate group was divided up between Franz Jnr, Frieder and Hubert Burda. In the 1980s and 1990s, the company developed into a major corporation; it is now one of Germany's largest media companies.[7][8] Its best-known media brands include the magazines Bunte and Superillu, the German edition of Playboy, the news magazine Focus, as well as HuffPost Germany, HolidayCheck and XING.
Group structure[edit]
Hubert Burda Media is organized in a decentralized profit center structure.[112][113] The subsidiaries operate largely independently, while some functions (such as procurement) are handled centrally.
The consolidation of the Group in 2015 comprised a total of 233 companies, of which 140 were headquartered in Germany.[114] The holding company of the Group is Hubert Burda Media Holding Kommanditgesellschaft.[114] The personally liable shareholders (general partners) of the company are Hubert Burda and a Management GmbH, which in turn is 100% owned by the holding company.[1] The limited partners of the company are the Burda Betriebsführungsgesellschaft as well as Hubert Burda's two children.[1] Elisabeth and Jacob Burda were given a share in the Group for the first time at the end of 2010.[115][116] The executive management of the Group reports to a Management Board comprising five persons.[114] The CEO of the management body is Paul-Bernhard Kallen,[117] who in 2010 was the first manager from outside the family to assume the position.[118] Holger Eckstein is the CFO,[119] Andreas Rittstieg is responsible for Legal Affairs and Compliance.[120] Philipp Welte is responsible for national media brands[121] and Stefan Winners the national digital brands.[122]
The company splits out its revenue reporting across five divisional categories: National Digital Brands, National Media Brands, International Media Brands, Print and Other.