Pearson plc in the context of "RTL Group"

Play Trivia Questions online!

or

Skip to study material about Pearson plc in the context of "RTL Group"




⭐ Core Definition: Pearson plc

Pearson plc is a multinational corporation, headquartered in the UK, focused on educational publishing and services.

Originating in 1844 and named S. Pearson and Son by Samuel Pearson in 1856, what began as a small local civil engineering business in Yorkshire grew between 1880 and 1927 into a massive diversified international conglomerate under the subsequent leadership of Samuel's grandson Weetman Pearson. By the time of World War II, the company had major national and international subsidiaries in manufacturing, electricity, oil, coal, banking and financial services, publishing (periodicals and books), and aviation.

↓ Menu

👉 Pearson plc in the context of RTL Group

RTL Group S.A. ("Radio Télévision Luxembourg") is a Luxembourg-based international media conglomerate owned by the Mohn Family, with another corporate office in Cologne, Germany. The company operates 56 television channels and 36 radio stations in Germany, France and other European countries. It also offers national streaming platforms, content productions and a range of digital services. Important segments of RTL Group are RTL Deutschland, Groupe M6 and Fremantle.

The company in its present form was established by Bertelsmann, Groupe Bruxelles Lambert (GBL), and Pearson plc in 2000. As of 2024 Bertelsmann, a conglomerate based in the German city of Gütersloh owns 76% of the shares in the company, after holding a stake of more than 90% in the past. RTL Group is one of a total of eight divisions of Bertelsmann: It is responsible for more than a third of its revenue and a large share of its operating profit.

↓ Explore More Topics
In this Dossier

Pearson plc in the context of Financial Times

The Financial Times (FT) is a British daily newspaper printed in broadsheet and also published digitally that focuses on business and economic current affairs. Based in London, the paper is owned by a Japanese holding company, Nikkei, with core editorial offices across Britain, the United States and continental Europe. In July 2015, Pearson sold the publication to Nikkei for £844 million (US$1.32 billion) after owning it since 1957. In 2019, it reported one million paying subscriptions, three-quarters of which were digital subscriptions. In 2023, it was reported to have 1.3 million subscribers of which 1.2 million were digital. The newspaper has a prominent focus on financial journalism and economic analysis rather than generalist reporting, drawing both criticism and acclaim. It sponsors an annual book award and publishes a "Person of the Year" feature.

The paper was founded in January 1888 as the London Financial Guide before rebranding a month later as the Financial Times. It was first circulated around metropolitan London by James Sheridan, who, along with his brother and Horatio Bottomley, sought to report on city business opposite the Financial News. The succeeding half-century of competition between the two papers eventually culminated in a 1945 merger, led by Brendan Bracken, which established it as one of the largest business newspapers in the world.

↑ Return to Menu

Pearson plc in the context of Pearson Education

Pearson Education, known since 2011 as simply Pearson, is the educational publishing and services subsidiary of the international corporation Pearson plc. The subsidiary was formed in 1998, when Pearson plc acquired Simon & Schuster's educational business and combined it with Pearson's existing education company Addison-Wesley Longman. Pearson Education was restyled as simply Pearson in 2011. In 2016, the diversified parent corporation Pearson plc rebranded to focus entirely on education publishing and services; as of 2023, Pearson Education is Pearson plc's main subsidiary.

In 2019, Pearson Education began phasing out the prominence of its hard-copy textbooks in favor of digital textbooks, which cost the company far less, and can be updated frequently and easily.

↑ Return to Menu

Pearson plc in the context of Penguin Random House

Penguin Random House Limited is a British-American multinational publishing conglomerate, created on July 1, 2013, through the merger of Penguin Books and Random House. Penguin Books, established in 1935, and Random House, founded in 1927, brought together their long publishing legacies to form the company, which now operates with more than 300 publishing imprints. Along with Simon & Schuster, Hachette, HarperCollins and Macmillan Publishers, Penguin Random House is considered one of the "Big Five" English-language publishers.

On April 2, 2020, Bertelsmann announced the completion of its purchase of Penguin Random House, which had been announced in December 2019, by buying Pearson plc's 25% ownership of the company. With the purchase, Bertelsmann became the sole owner of Penguin Random House. Bertelsmann's German-language publishing group Verlagsgruppe Random House will be completely integrated into Penguin Random House, adding 45 imprints to the company, for a total of 365 imprints.

↑ Return to Menu

Pearson plc in the context of AP Stylebook

The Associated Press Stylebook (generally called the AP Stylebook), alternatively titled The Associated Press Stylebook and Briefing on Media Law, is a style and usage guide for American English grammar created by American journalists working for or connected with the Associated Press journalism cooperative based in New York City. The Stylebook offers a basic reference to American English grammar, punctuation, and principles of reporting, including many definitions and rules for usage as well as styles for capitalization, abbreviation, spelling, and numerals.

The first publicly available edition of the book was published in 1953. The first modern edition was published in August 1977 by Lorenz Press. Afterwards, various paperback editions were published by different publishers, including, among others, Turtleback Books, Penguin's Laurel Press, Pearson's Addison-Wesley, and Hachette's Perseus Books and Basic Books. Recent editions are released in several formats, including paperback and flat-lying spiral-bound editions, as well as a digital e-book edition and an online subscription version. Additionally, the AP Stylebook also provides English grammar recommendations through social media, including Twitter, Facebook, Pinterest, and Instagram.

↑ Return to Menu

Pearson plc in the context of Edexcel

Edexcel (also known since 2013 as Pearson Edexcel) is a British multinational education and examination body formed in 1996 and wholly owned by Pearson plc since 2005. It is the only privately owned examination board in the United Kingdom. Its name is a portmanteau term combining the words education and excellence.

Edexcel regulates school examinations under the British Curriculum and offers qualifications for schools on the international and regional scale. It is the UK's largest awarding organisation offering academic and vocational qualifications in schools, colleges and work places in the UK and abroad. It is also recognised internationally. In 2019, Edexcel was the focus of significant controversy following a leak of an A-level examination.

↑ Return to Menu

Pearson plc in the context of Samuel Pearson

Samuel Pearson (1814–1884) was an English entrepreneur and founder of Pearson plc, a leading education (originally construction) company listed on the London Stock Exchange.

↑ Return to Menu

Pearson plc in the context of Weetman Pearson

Weetman Dickinson Pearson, 1st Viscount Cowdray, GCVO, PC (15 July 1856 – 1 May 1927), known as Sir Weetman Pearson, Bt from 1894 to 1910 and as Lord Cowdray from 1910 to 1927, was an English industrialist, benefactor and Liberal politician. He built S. Pearson & Son from a Yorkshire contractor into an international builder and created the Mexican Eagle Petroleum Company, a leading early 20th century oil producer. After selling Mexican Eagle in 1919, he reorganised his interests around Whitehall Securities, purchased a stake in Lazard Brothers, and expanded into newspapers. This latter move set the course for the later Pearson group's focus on publishing.

↑ Return to Menu