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jerryking : germany   43

Digital endurance runner picks up pace with Penguin deal
July 15/16, 2017 | Financial Times | Guy Chazan

Bertelsmann's latest big investment, in Penguin Randon House (PRH), a traditional ink-on-paper publisher. .The German group, which already owns 53% of PRH, will pay $780m to buy an additional 22% from its partner, Pearson......The deal seems at odds with Bertelsmann's digital-first strategy. Rabe sees no contradiction....Bertelsmann must maintain a balance between high-growth investments and stable, cash-generative businesses like PRH....It margins are high,[and it] contributes to the cash flows Bertelsmann needs to invest in new businesses with higher growth potential than book publishing.....Mr. Rabe has responded by diversifying Bertelsmann out of Europe, investing in digital start-ups in China, India and Brazil and branching into online education in the US. The bright digital-first future is still far off. But Rabe , an endurance runner, relishes a long and winding road.
CEOs  digital_media  Bertelsmann  online_education  high-growth  Pearson  publishing  digital_first  cash-generative  cash_flows  privately_held_companies  Germany  German  cash_cows 
july 2017 by jerryking
The Fast Lane: Revisiting last year’s promises
DECEMBER 30, 2016 by: Tyler Brûlé

The BBC’s Allan Little had a decent mini-doc on the shifting political sentiment of the past year but beyond that there’s been little in the way of compelling viewing. Most newsrooms felt like they had already switched off the lights and left the interns in charge when Berlin was attacked. There was little context and not nearly enough smart analysis of Germany’s stiflingly bureaucratic security apparatus. For days anchors were asking guests “how could this happen” when a sharp security correspondent could have told everyone from day one that Germany’s matrix of states mixed with federal agencies makes for a messy mélange when it comes to intelligence-sharing, surveillance and enforcement.
resolutions  contextual  security_&_intelligence  Germany  Tyler_Brûlé  surveillance  enforcement 
january 2017 by jerryking
U.K. Can’t Bank on EU’s Rationality in Talks - WSJ
July 1, 2016

In a rational world, the EU would indeed react to Brexit by seeking the closest economic relationship possible with the U.K., and this may be what happens. But there are other factors suggesting this outcome shouldn’t be taken for granted.

Here are four reasons why:

Anger: The U.K. can’t draw on a wellspring of sympathy from the EU 27, and some leaders are plain angry that in their view the British government has put the EU’s future at risk to resolve a domestic political problem. “Moods are ephemeral,” said Peter Ludlow, a Brussels-based historian and analyst, before the vote. “But it will affect both the tone and the content of the earliest exchanges between the two parties.”

Mercantilism: an outdated philosophy that equates national prosperity with exports, still hold broad sway with the public and with politicians throughout Europe and farther afield. EU governments, not least in Paris, are salivating at the prospect of benefiting from the U.K.’s exclusion from the single market in services.

Asymmetry: Yes, the U.K. is important to Germany, but the EU as a whole is more important to Britain than vice versa.

Strategy: Germany and other EU governments don't want to 'reward' the UK with a special deal that tempts other countries to follow it toward exit.
Brexit  United_Kingdom  Germany  rationalism  negotiations  strategy  EU  anger  asymmetrical 
july 2016 by jerryking
As Germany Welcomes Migrants, Sexual Attacks in Cologne Point to a New Reality - The New York Times

In early December, the Cologne police made their New Year’s Eve preparations. Drawing on the previous year’s experience, they identified their biggest worry as pickpocketing and fireworks among the crowds. So they increased their holiday deployment, to 142 from 88, ...As 2016 neared on Dec. 31, however, some 1,500 men, including some newly arrived asylum seekers and many other immigrants, had instead assembled around Cologne’s train station. Drunk and dismissive of the police, they took advantage of an overwhelmed force to sexually assault and rob hundreds of people, according to police reports, shocking Germany and stoking anxieties over absorbing refugees across Europe....police reports and the testimony of officials and victims suggest that the officers failed to anticipate the new realities of a Germany that is now host to up to a million asylum seekers, most from war-torn Muslim countries unfamiliar with its culture. Working from outdated expectations, the police made a series of miscalculations that, officials acknowledge, allowed the situation to deteriorate. At the same time, both the police and victims say, it was not a situation any of them had encountered before. This was new terrain for all....But the commanding officer at the scene declined an offer of more than 80 reinforcements, who could have been in Cologne in an hour, according to Bernd Heinen, a senior police official, who criticized the commander for failing throughout the night to look ahead and anticipate a worsening situation....
sexual_assault  Germany  migrants  refugees  outdated  assumptions  forward_looking  preparation  miscalculations  anticipating  policing  asylum 
january 2016 by jerryking
An Old-Media Empire, Axel Springer Reboots for the Digital Age - The New York Times
DEC. 20, 2015 | NYT | By NICOLA CLARK.

When Axel Springer CEO, Mathias Döpfner, and a handful of his top managers first set their sights on the US three years ago, it was with notebooks in hand, rather than checkbooks.

A decade after taking the helm in 2002, Mr. Döpfner had already made significant strides in revamping Germany’s largest print publishing group for the digital age. ...Still, Mr. Döpfner, 52, worried that the company’s management culture was too hierarchical and risk-averse, leaving it vulnerable to challenges from nimbler American technology companies like Google and Facebook, as well as rising digital media brands like BuzzFeed and Vice....“It was very clear to me that we needed to accelerate our cultural transformation"...instead of enlisting an army of high-priced consultants, Mr. Döpfner opted for the corporate equivalent of electroshock therapy. In the summer of 2012, he sent three of Axel Springer’s most senior managers to California (Silicon Valley) for nine months. ...Digital activities now generate more than 60% of Axel Springer’s revenues and just over 70% of its operating profit. Mr. Döpfner’s boldest pursuit in the last year was one that ultimately failed. Over the summer, Axel Springer lost out in a bid to acquire The Financial Times, beaten in the final stages by a $1.3 billion offer from the Japanese publisher Nikkei.... the recent scramble among the world’s big media groups for new — and in many cases, unproven — digital companies has driven up valuations, and some analysts warn that Axel Springer’s investment-led strategy represents a potentially high-cost gamble....“Digital companies today are selling for huge multiples, but they also have a high failure rate. Many are literally fireflies.”...
digital_media  Axel_Springer  Silicon_Valley  publishing  newspapers  failure  sclerotic  Airbnb  experimentation  organizational_culture  Germany  German  digital_disruption 
december 2015 by jerryking
Axel Springer CEO Döpfner Keeps Digital Dreams in Check - WSJ
Updated Feb. 10, 2014

Mr. Döpfner said content once again will be king. "That's why it is interesting now to invest in content businesses that are still undervalued." He described last year's purchase of the Washington Post by Inc. CEO Jeff Bezos as a watershed event that drew the battle lines between the traditional publishing industry and technology companies such as Amazon, Google Inc. and Apple Inc.

"The question is whether traditional content companies will win the game because they have learned how to use technology or whether the technology companies win because they learn how to create content," Mr. Döpfner said. "That is the great game today." [the great game]
Forbes  mergers_&_acquisitions  Germany  German  publishing  digital_media  Axel_Springer  CEOs  content  undervalued  WaPo  Jeff_Bezos  digital_disruption  seminal_moments  big_bets  content_creators  the_great_game  turning_points 
february 2015 by jerryking
Will China become the next Germany? - The Globe and Mail
The Globe and Mail
Published Tuesday, Dec. 30 2014

Reluctant Meister, Stephen Green’s superb analysis of German history and culture.
John_Ibbitson  Germany  history  China  books 
december 2014 by jerryking
World Cup Defeat Brings Host Country to the Ground - WSJ
Updated July 9, 2014
soccer  FIFA  Brazil  Germany 
august 2014 by jerryking
Brazil experiences the agony of the beautiful game - The Globe and Mail
RIO DE JANEIRO — The Globe and Mail
Published Tuesday, Jul. 08 2014
soccer  FIFA  Stephanie_Nolen  Brazil  Germany 
august 2014 by jerryking
Kelly: German juggernaut spoils samba party - The Globe and Mail
RIO DE JANEIRO — The Globe and Mail
Published Tuesday, Jul. 08 2014
soccer  FIFA  Brazil  Germany  Cathal_Kelly 
august 2014 by jerryking
What if the Kaiser had won the war? - The Globe and Mail
Special to The Globe and Mail
Published Saturday, Aug. 09 2014
WWI  Germany  history  counterfactual_history 
august 2014 by jerryking
Germany Forgoes Style for Silverware at the World Cup - WSJ
Updated July 8, 2014
soccer  FIFA  Germany 
august 2014 by jerryking
The U.S. is losing the close friends it needs most - The Globe and Mail
Contributed to The Globe and Mail
Published Monday, Jul. 14 2014,
U.S.foreign_policy  Germany  security_&_intelligence  espionage 
august 2014 by jerryking
Soccer Blitzkrieg - WSJ
July 8, 2014

To judge by its performance so far, Germany's secret seems to be that they have reverted to the disciplined—dare we say mechanical?—style of play that may be an invidious national stereotype but has the advantage of winning games. That goes double for teams that too easily conflate beauty with performance and stylishness with success.
soccer  FIFA  Brazil  Germany  editorials  stereotypes  quotes 
july 2014 by jerryking
A Start-Up Run by Friends Takes On Shaving Giants -
January 21, 2014, 10:07 pm
A Start-Up Run by Friends Takes On Shaving Giants
personal_care_products  personal_grooming  Germany  manufacturers  mergers_&_acquisitions 
january 2014 by jerryking
Have you been to Berlin’s most magnetic neighbourhood? - The Globe and Mail

BERLIN — Special to The Globe and Mail

Published Monday, Dec. 02 2013,
things_to_do  Berlin  Germany  travel 
december 2013 by jerryking
Sequoia Capital Invests in Berlin Start-Up -
November 12, 2013 | NYT | By MARK SCOTT.

6Wunderkinder offers a free service, but it charges a premium to users who want additional functionality, like task-sharing between large groups.
Sequoia  venture_capital  vc  Germany  Berlin  cosmopolitan  start_ups  6Wunderkinder 
november 2013 by jerryking
Interview with Karl-Theodor zu Guttenberg; Interview with Michael Hayden; Interview with Michael Bloomberg
Aired November 3, 2013 - 10:00| FAREED ZAKARIA GPS | Interviews with Michael Hayden

Let's get started.

So given those realities I just talked abou...
Fareed_Zakaria  Michael_Hayden  security_&_intelligence  spymasters  strategic_thinking  spycraft  JCK  Germany  leaders  trans-Atlantic 
november 2013 by jerryking
Startup city: Berlin as tech magnet - The Globe and Mail

FRANKFURT, GERMANY — Special to The Globe and Mail

Thursday, May. 30 2013
start_ups  Germany  Mittelstand  Soundcloud  Berlin  small_business 
june 2013 by jerryking
Mid-sized Canadian manufacturing, up in smoke
Feb. 15 2013 | The Globe and Mail | Jeffrey Simpson.

From 2006 to 2010, the BDC found, “the number of Canadian mid-sized firms decreased by 17 per cent (from 9,370 to 7,814).” Manufacturing suffered the biggest losses: From 2001 to 2010, more than half of the mid-sized manufacturing firms disappeared (the number falling from 2,807 to 1,381).

Maybe they disappeared because they got bigger? No such luck. Only 1.4 per cent grew to become firms with more than 500 employees, whereas 14 per cent went from mid-sized to having fewer than 100 employees. Not surprisingly, Ontario suffered the most from the downdraft of mid-sized manufacturing firms.

Why is all this happening? The BDC offers three plausible reasons: the parity of the Canadian dollar with the U.S. greenback, competition from China (and other places) and the brutal recession of 2008-2009.

Other reasons could be added: spotty innovation and research, inadequate access to financing for growth, an uneven record of searching for foreign (read: non-U.S.) markets.
manufacturers  Ontario  Jeffrey_Simpson  Mittelstand  Germany  BDC  mid-sized  mid-market  beyondtheU.S.  loonie  parity 
february 2013 by jerryking
How to enjoy a layover in Frankfurt - The Globe and Mail

FRANKFURT, GERMANY — The Globe and Mail

Published Monday, Jan. 21 201
Frankfort  Germany  travel  things_to_do 
january 2013 by jerryking
Conservatives face new reality: Embrace immigrants and gays, or lose power - The Globe and Mail
Dec. 26 2012 | The Globe and Mail | DOUG SAUNDERS
Conservative analysts in many countries watched the Republican presidential candidate decisively lose last month, and were then horrified to learn that his party had largely disappeared from the electoral landscape because it had been abandoned by visible minorities, religious minorities, young women and well-off urbanites.

Then they examined their own voting base. Ms. Merkel’s Christian Democrats have lost elections in 18 of the 20 largest German cities during the past two years. Those four million Muslims had remained loyal to the Social Democrats and the Greens, whose co-leader, Cem Ozdemir, is from a Turkish family. Britain’s Prime Minister has expressed fear at the Conservatives’ image as “the nasty party,” and watched chunks of the younger, more urban electorate shift to Labour despite its weak leadership.

They realized something significant: A new generation of voters has come of age in most Western countries, and they simply don’t care about the old hot-button conservative warnings on minorities, gays and birth control. They’ve grown up with ethnic and sexual minorities around them and don’t have the taste for identity politics.
conservatism  Angela_Merkel  Doug_Saunders  Germany  identity_politics 
december 2012 by jerryking
Werk and play
July /August 2012 | Report on Business Magazine | Nancy Won
travel  Berlin  things_to_do  Germany 
june 2012 by jerryking
Donna Summer, German artist
Russell Smith

From Thursday's Globe and Mail

Last updated Wednesday, May. 23, 2012

Russell Smith

From Thursday's Globe and Mail

Last updated Wednesday, May. 23, 2012
Russell_Smith  tributes  disco  Germany  obituaries 
may 2012 by jerryking
Germany's Smaller Firms Take Lead in Restructuring -

Germany's Smaller Firms Take Lead in Restructuring
Adapting to the Economic Slump, The Mittelstand Changes Its Ways
Germany  small_business  glass  Mittelstand  entrepreneur  privately_held_companies 
may 2012 by jerryking
He's Helping Germany Resurrect Private Funding of the Arts -

He's Helping Germany Resurrect Private Funding of the Arts
MoMA  lawyers  philanthropy  Germany  exhibitions  Berlin 
november 2011 by jerryking
Book Review - Bismarck - By Jonathan Steinberg -
Published: March 31, 2011


A Life

By Jonathan Steinberg

Illustrated. 577 pp. Oxford University Press. $34.95
Henry_Kissinger  Prussian  diplomacy  excerpts  statesmen  Germany  book_reviews  APNSA 
april 2011 by jerryking
The European Union rescues Greece and Portugal
May 24, 2010 | The New Yorker | by James Surowiecki. "...The
fact is, this kind of volatility isn’t going away, because we now live
in an environment dominated by what economists call “political risk”—the
uncertainty that businesses face as a result of government actions. Of
course, government actions always affect the economy, but usually in an
undramatic way: an interest-rate cut here, a new regulation there. The
economic downturn and the debt crisis have given us instead a world
where governments are among the most important players in
markets—injecting money into economies on a colossal scale and routinely
propping up, or even nationalizing, troubled companies."
Angela_Merkel  bailouts  central_banks  debt_crisis  economic_downturn  EU  Germany  geopolitical-risk  Greece  IMF  instability  James_Surowiecki  political_risk  Portugal  sovereign-risk  uncertainty  volatility 
may 2010 by jerryking

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