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Masuch will remain a consultant to Bertelsmann, BMG’s parent company.
Source: https://variety.com/2023/music/news/thomas-coesfeld-hartwig-masuch-ceo-bmg-1235506495/
My aim is to continue this success story together with the company’s top management and its more than 1,000 employees worldwide and to leverage the enormous creative and entrepreneurial potential of the music industry for Bertelsmann.
Source: https://variety.com/2023/music/news/thomas-coesfeld-hartwig-masuch-ceo-bmg-1235506495/
"We're not going to tell them what to buy, what to publish or what not to publish," said Sarnoff, a former executive at Penguin Random House's parent company, the German conglomerate Bertelsmann.
Source: https://www.denver7.com/simon-schuster-purchased-by-firm-kkr-for-1-62-billion