RCS MediaGroup

RCS MediaGroup S.p.A.
S.p.A.
Traded as BIT: RCS
Industry Media
Founded 1927 as A. Rizzoli & Co.
1952 as Rizzoli Editore
1986 as RCS Editori
1997 as H.d.P
2003 as RCS MediaGroup
Headquarters via Angelo Rizzoli 8, Milan, Italy
Key people
Angelo Rizzoli (founder)
Angelo Provasoli (Chairman)
Roland Berger (Deputy Chairman)
Products Magazines
Newspapers
Radio
Television
Advertising
New Media
Revenue Increase € 1,597.7 million (2012)
Increase € (509.3) million (2012)
Website www.rcsmediagroup.it

RCS MediaGroup S.p.A. (BIT: RCS), (formerly Rizzoli-Corriere della Sera) based in Milan and listed on the Italian Stock Exchange, is an international multimedia publishing group that operates in daily newspapers, magazines and books, radio broadcasting, new media and digital and satellite TV. It is also one of the leading operators in the advertisement sales & distribution markets.

History

Founded in 1927 by entrepreneur Angelo Rizzoli as A. Rizzoli & Co., it started in the press industry by buying out four national magazines, and later entering the publishing industry. Restructured and taken over a number of times, particularly in the 1980s when two of its executives became involved in the collapse of Banco Ambrosiano and the illegal Masonic Lodge Propaganda Due – or P2. Following the 1982 death of Roberto Calvi, the group applied for bankruptcy protection and greatly downsized.[1]

Operations

RCS MediaGroup's sectors include newspapers, magazines and books, radio broadcasting, the internet and digital and satellite TV; it also has a division which handles advertising sales & distribution markets across all media divisions. In Italy, the group manages large daily newspapers such as Corriere della Sera, publish popular magazines including Il Mondo; and a diverse range of school, university, and business publications.[1]

In Spain, through Unedisa it publishes leading daily newspaper El Mundo.[1] It also has representation in Portugal, the United States and China. Already distributing the Italian version, in March 2008, RCS reached agreement with Global Media Publishing to launch a Russian version of its Sport Week magazine and develop a Russian language website sportweek.ru, which will be supplemented with mobile phone services.[2]

The financial investment division holds interest in the capital of major Italian companies, including Banca Intesa, the internet company Dada, and Pirelli (which holds a complementary cross-holding).[1]

The company employs 5,558 employees.

Sectors

Quotidiani (Newspapers) Sector

Quotidiani Sector is the publisher of the group's daily newspapers in Italy and in Spain.[3] The company holds a leadership position in the national daily press in Italy, where it has a 19% market share, and in Spain, with an 18% market share.[4]

Companies[4]
Newspapers[6]

Periodici (Magazines) Sector

Periodici Sector publishes the group's magazines. In Italy the company has a market share of about 18%, with a portfolio of more than 30 publications.[7]

Companies[7]
Magazines[8]

  • Amica
  • Brava Casa
  • Donna e Mamma
  • Dolce Attesa
  • Insieme
  • Io e il mio bambino
  • Imagine
  • Oggi
  • Sette

RCS Libri

RCS Libri runs the group's activities in the book publishing sector. Its structure comprises four divisions: Libri Italia, RCS Education, RCS Partworks, and Rizzoli USA.[9]

Publishing houses[10]

  • Rizzoli Editore
    • Biblioteca Universale Rizzoli (BUR)
  • Skira
  • Sonzogno
  • Rizzoli USA
    • Universe

Pubblicità (Advertising) Sector

Pubblicità Sector is the agency for the acquisition of advertising customers for the group's publications. It is the leading company in Italy for the acquisition of advertising for print media, for which it has a market share of 19%.[11]

Companies[11]

Other

Ownership

On 26 January 2005 shareholders which control 63.527% of ordinary share capital came to a shareholders' agreement freezing, the participants from selling or trading their holdings. On 14 March 2008 the Consob group agreed to extend their agreement for another three years until 2011.[12] The members and holdings of the Consob group are:[13]

Other major shareholders outside the Consob group include:

Board of directors

Timeline

The timeline of the company:[14]

See also

References

  1. 1 2 3 4 "RCS MediaGroup". Yahoo Finance. Retrieved 2008-05-26.
  2. "RCS in Russian deal with Global Media Publishing". Forbes/AFX News. 10 March 2008. Retrieved 26 May 2008.
  3. "Quarterly Report" (PDF). RCS MediaGroup. 30 September 2003. Retrieved 14 April 2015.
  4. 1 2 RCS Quotidiani RCSMediaGroup.it
  5. RCS Sport RCSMediaGroup.it
  6. Newspapers RCSMediaGroup.it
  7. 1 2 RCS Periodici RCSMediaGroup.it
  8. Magazines RCSMediaGroup.it
  9. RCS Libri RCSMediaGroup.it
  10. RCS Books RCSMediaGroup.it
  11. 1 2 RCS Pubblicità RCSMediaGroup.it
  12. "RCS shareholders renew pact for three years to March 2011". Forbes/AFX News. 14 March 2008. Retrieved 26 May 2008.
  13. "Shareholders Relevant RCS MEDIAGROUP SpA". Consob SpA. Retrieved 26 May 2008.
  14. "Our History". RCS MediaGroup. Retrieved 26 May 2008.
  15. Jennifer Clark (19 June 2013). "RCS Mediagroup accepts offer from PRS for magazines". Reuters.
  16. Playtech (10 September 2014). "RCS Launches GazzaBet".
  17. "GazzaBet Official Site". September 2014.

External links

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