09.05.2016
Bastei Lübbe AG DE000A1X3YY0
DGAP-News: Bastei Lübbe takes over successful fiction imprint LYX
DGAP-News: Bastei Lübbe AG / Key word(s): Miscellaneous
Bastei Lübbe takes over successful fiction imprint LYX
09.05.2016 / 12:00
The issuer is solely responsible for the content of this announcement.
---------------------------------------------------------------------------
Bastei Lübbe takes over successful fiction imprint LYX
Cologne, May 9, 2016. Bastei Lübbe AG (ISIN DE000A1X3YY0), which is listed
in the Prime Standard of the Frankfurt Stock Exchange, is acquiring the
fiction imprint LYX from EGMONT Publishing International. With this
specialist publisher for romantic fiction, Bastei Lübbe is rounding out its
offering with another successful brand. "After the recent investment in
Buchpartner, with LYX we are again committed to the classic book business.
Because regardless of the medium it still belongs to the DNA of the Group's
strategy: the story well told", explains Thomas Schierack, CEO of Bastei
Lübbe AG.
Klaus Kluge, member of the Management Board of Bastei Lübbe AG, underlines
the importance of the new brand for the publishing portfolio: "In the field
of romantic fiction, LYX is one of the absolute top imprints on the German
market - and we are very excited to now have the opportunity to develop it
further under the Bastei Lübbe brand", says Klaus Kluge, member of the
Management Board of Bastei Lübbe AG.
In addition to LYX, Bastei Lübbe is acquiring another EGMONT Publishing
International imprint, namely INK. Bastei Lübbe will incorporate all books
from LYX and INK into its publishing catalogue and continue the successful
collaboration with all authors and licence providers. Additionally, the
company will take over editing for both imprints.
According to Klaus Thorsten Firnig, CEO EGMONT Publishing GSA, the decision
to hand over LYX and INK to Bastei Lübbe is based on its corporate
strategy: "We have decided to focus our book activities on children's
books, comic books and mangas. This concentration means that it is
important that our fiction imprints LYX and INK continue to have a strong
market positioning and remain attractive for our licence providers. We set
great store in maintaining continuity and transferring the strengths of the
relevant fiction imprints to a new editorial home", explains Firmig.
About Bastei Lübbe AG:
Bastei Lübbe AG is an international media group based in Cologne. Its
business operations focus on developing and licensing content distributed
worldwide physically and digitally. The company's core business includes
the traditional publishing business and the periodical puzzle magazines and
novel booklets in the "Book" segment. With its twelve publishers and
imprints, the group of companies currently offers approximately 3,600
titles in fiction, non-fiction and books for children and young adults. In
the growing segment of hardcover fiction, the company has been the market
leader in Germany for many years. At the same time, Bastei Lübbe is driving
innovation in the field of digital media. As well as the production of
thousands of audio and e-books, the "Digital" segment also includes
holdings in the self-publishing platform "BookRix" and the renowned games
publisher "Daedalic Entertainment". Bastei Lübbe AG's value chain is
completed by the investment in the online shop "beam-ebooks.de" and the new
and internationally unique streaming platform "oolipo".
With currently 334 employees and an annual turnover of roughly EUR 110.2
million (financial year 2014/2015), Bastei Lübbe AG is the largest
medium-sized family company in the German publishing industry. Since 2013,
the company's shares have been listed in the Prime Standard of the
Frankfurt Stock Exchange (WKN A1X3YY, ISIN DE000A1X3YY0). Further
information is available at www.luebbe.de.
Contact Bastei Lübbe AG:
Barbara Fischer
Director / Vice President
Public Relations
Tel.: +49 (0) 221 / 82 00 28 50
E-mail: [email protected]
---------------------------------------------------------------------------
09.05.2016 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
---------------------------------------------------------------------------
Language: English
Company: Bastei Lübbe AG
Schanzenstraße 6 - 20
51063 Köln
Germany
Phone: 02 21 / 82 00 - 0
Fax: 02 21 / 82 00 - 1900
E-mail: [email protected]
Internet: www.luebbe.de
ISIN: DE000A1X3YY0, DE000A1K0169
WKN: A1X3YY, A1K016
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated
Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover,
Stuttgart
End of News DGAP News Service
---------------------------------------------------------------------------
461455 09.05.2016
|
Weitere Ad-hoc und Unternehmensrelevante Mitteilungen zu
Bastei Lübbe AG ISIN: DE000A1X3YY0 können Sie bei EQS abrufen
Medien (Verlag/TV) , A1X3YY , BST , XETR:BST