Wednesday, June 30, 2010

Bertelsmann on ‘Very Good Course’ After First Half, CEO Says
June 28, 2010
 From Businessweek
By Ragnhild Kjetland

June 28 (Bloomberg) -- Bertelsmann AG, Europe’s largest media company, remains on a “very good course,” Chief Executive Officer Hartmut Ostrowski said.

“I’m very optimistic about the current development, and not just for Bertelsmann,” Ostrowski said, according to the prepared text of a speech that he gave at a media forum in Cologne today. “We as an industry should finally stop doubting ourselves.”
After a “record” first quarter, “also after six months we are on a very good course,” the CEO said

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