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Butterworth BDS (Hons) MPhil FDSRCS FDS (Rest) RCS (Eng)... mandec.co.uk | in Primary Care Orthodontics RCS... bos.org.uk |
RCS MediaGroup S.p.A. (BIT: RCS) is an Italian Media conglomerate, based in Milan and listed on the Italian Stock Exchange.
[edit] HistoryFounded 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] [edit] OperationsRCS MediaGroup's operation five it five divisions includes 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 Novella 2000 and Il Mondo; and a diverse range of school, university, and business publications.[1] 40% of group sales are generated outside Italy. In Spain through Unedisa it publishes leading daily newspaper El Mundo, and in France through the publishing company Groupe Flammarion.[1] It also has representation in Portugal, the United Kingdom, 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 complimentary cross-holding).[1] The company employs 5,197 employees, of which 3,354 are based in Italy, and the remaining mainly in Spain (1,024) and France (694).[3] [edit] Divisions[edit] RCS QuotidianiRCS Quotidiani is the publisher of the group's daily newspapers in Italy and in many other countries. The company holds a leadership position in the national daily press in Italy, where it has a 19% market share, and in Spain, with a 18% market share.[4]
[edit] RCS PeriodiciRCS Periodici 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]
[edit] RCS LibriRCS Libri runs the group's activities in the book publishing sector. Its structure comprises five divisions: Libri Italia, RCS Education, RCS Partworks, Flammarion and Rizzoli USA.[9]
[edit] RCS PubblicitàRCS Pubblicità 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]
[edit] Other
[edit] OwnershipOn January 26, 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 March 14, 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][14]
Other major shareholders outside the Consob group include:
[edit] Board of directors
[edit] TimelineThe timeline of the company:[15]
[edit] References
[edit] External links
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