Verlagsgruppe News Gesellschaft m.b.H. (News Publishing Group) is an Austrian publishing company that publishes fifteen magazines, including profil and News, two weekly news magazines, and News online.
News has over 500 employees and approximately 60% of the magazine advertising market in Austria.
Prior to their merger in 2001, leadership in the Austrian magazine market was contested between NEWS and the Kurier group, who at that time published profil. The merger was unsuccessful challenged by seven Austrian newspapers. News is (2007) controlled by Gruner + Jahr, a printing and publishing company with headquarters in Hamburg, who own 56 percent of the stock.
Famous quotes containing the word news:
“There’s a long story, my friend. I never did like the idea of sitting on newspapers. I did it once and all the headlines came off on my white pants. On the level, it actually happened. Nobody bought a paper that day. They just followed me around over town and read the news off the seat of my pants.”
—Robert Riskin (1897–1955)