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20<br />

175 Years of Bertelsmann<br />

2000 – 2009<br />

2000 – 2009<br />

In its 175 th year, Bertelsmann remains a decentralized company with strong<br />

roots in its hometown of Gütersloh<br />

Digitization is an integral part of operations in all corporate divisions<br />

When the “New Economy” collapsed at the start of the new millennium, Bertelsmann sold its shares in AOL Europe early enough<br />

to make a good profit and maintained its strong position among the big media conglomerates. Gunter Thielen consolidated<br />

the company from 2002 and strengthened the principle of decentralization. Digitization became the dominant trend of<br />

those years.<br />

Bertelsmann Annual Report 2009

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