Native name
|
RCS MediaGroup S.p.A. |
---|---|
listed Società per azioni | |
Traded as | BIT: RCS |
ISIN | IT0003039010 |
Industry | Media |
Founded | 1927 as A. Rizzoli & Co. 1952 as Rizzoli Editore 1986 as RCS Editori 1997 as H.d.P 2003 as RCS MediaGroup |
Founder | Angelo Rizzoli |
Headquarters | 8 via Angelo Rizzoli, Milan, Italy |
Key people
|
Urbano Cairo (chairman & CEO) |
Products |
Magazines Newspapers Radio Television Advertising New Media |
(€175.7 million) (2015) | |
Total assets | €1.368 billion (2015) |
Total equity | €100.0 million (2015) |
Owner |
|
Parent | Cairo Communication |
Website | rcsmediagroup.it |
Footnotes / references in a consolidated basis |
RCS MediaGroup S.p.A., (formerly Rizzoli-Corriere della Sera) based in Milan and listed on the , is an international multimedia publishing group that operates in daily newspapers, magazines and books, radio broadcasting, new media and digital and satellite TV. It is also one of the leading operators in the advertisement sales & distribution markets.
Founded in 1927 by entrepreneur Angelo Rizzoli as A. Rizzoli & Co., it started in the press industry by buying out four national magazines, and later entering the publishing industry. Restructured and taken over a number of times, particularly in the 1980s when two of its executives became involved in the collapse of Banco Ambrosiano and the illegal Masonic Lodge Propaganda Due – or P2. Following the 1982 death of Roberto Calvi, the group applied for bankruptcy protection and greatly downsized.
RCS MediaGroup's sectors include newspapers, magazines and books, radio broadcasting, the internet and digital and satellite TV; it also has a division which handles advertising sales & distribution markets across all media divisions. In Italy, the group manages large daily newspapers such as Corriere della Sera, publish popular magazines including Il Mondo; and a diverse range of school, university, and business publications.
In Spain, through Unedisa it publishes leading daily newspaper El Mundo. It also has representation in Portugal, the United States and China. Already distributing the Italian version, in March 2008, RCS reached agreement with Global Media Publishing to launch a Russian version of its Sport Week magazine and develop a Russian language website sportweek.ru, which will be supplemented with mobile phone services.