Values
Values
Values
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3<br />
the Heyne employees fi nd new roles. “It<br />
was an enormously professional integration,”<br />
remembers Heyne managing<br />
director Ullrich Genzler. During this<br />
period, he devoted himself wholeheartedly<br />
to the task, and in this way<br />
ensured that new books – among them<br />
the new Grisham bestseller “The King<br />
of Torts” – continued to make their impact<br />
in the book marketplace.<br />
In May 2004, the Heyne publishing<br />
group celebrated its 70-year anniversary<br />
in Munich. Staff members were able<br />
to let loose, and danced until the early<br />
morning hours. Genzler even put in a<br />
turn as DJ Groove under the arches of<br />
the Praterinsel nightclub. Today, employees<br />
still talk about how there was a<br />
tangible sense of relief at the party,<br />
along with the conviction that things<br />
were once again looking up.<br />
The acquisition proved to be an engine<br />
for change. “I think that, had we<br />
not bought Heyne, it would have been<br />
much more diffi cult to get the company<br />
to change course,” says Pfuhl. “Our<br />
new decentralized structure creates the<br />
ideal framework for talented editors,<br />
creative marketing staff, and ambitious<br />
publishers.” And that’s not just the case<br />
at Heyne. “In principle, the integration<br />
of Heyne laid the groundwork for everything<br />
that we’ve achieved here together<br />
in the past seven years.”<br />
While size alone is not the goal, it<br />
does offer certain advantages, in that<br />
successes and failures tend to balance<br />
1 2<br />
each other out. None of the publishing<br />
companies belonging to the Random<br />
House Group risks folding if they have<br />
a weak year, for example. And that<br />
guarantees the continuity that late<br />
founder Rolf Heyne always sought –<br />
for all the publishers. There’s also the<br />
competitive factor within the very diverse<br />
group: one company’s success<br />
spurs the others on to come up with<br />
new ideas.<br />
Numerous imprints launched by<br />
Random House in recent years have<br />
proven that this principle works. The<br />
new fantasy imprint, Penhaligon, landed<br />
a surprise hit with “Demonkeeper,”<br />
the debut novel by previously unknown<br />
writer Royce Buckingham. The book remained<br />
on the bestseller list for weeks.<br />
Heyne Hardcore, Pantheon and cbj<br />
didn’t need long before they were also<br />
turning a profi t. And the audio book<br />
project, “Starke Stimmen” (“Strong<br />
Voices”), by Random House Audio in<br />
1 | Heyne publisher and managing director<br />
Ulrich Genzler as DJ at the party marking the<br />
company’s 70-year anniversary in May 2004<br />
2 | Joerg Pfuhl, CEO of Random House<br />
Germany, and his team ensured that<br />
Heyne was quickly and successfully<br />
integrated into the group<br />
3 | Heyne has published many international<br />
bestselling authors in Germany<br />
cooperation with the G+J magazine<br />
Brigitte was a bestselling sensation.<br />
The belief that books will continue to<br />
be profi table assets in the 21 st century has<br />
been benefi cial for Random House Germany,<br />
as refl ected in their latest results.<br />
How did it happen? “With understanding<br />
and patience for the book business, but<br />
speed and effi ciency in management.<br />
And by letting each respective publisher<br />
do their work,” says Pfuhl.<br />
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