On July 1, 2014, Penguin Random House completed the takeover of the publishing group Santillana Ediciones Generales from the Spanish media company Prisa, which had been announced in March 2014. The acquired publishing group will be merged with the activities of Penguin Random House in Spain, Portugal and Latin America, greatly enhancing growth potential, in particular in Latin America.
On July 4, 2014, the General Meeting of Bertelsmann SE & Co. KGaA elected Murat Cetin to the company’s Supervisory Board. As employee representative, he succeeds Horst Keil, who left the Board in May 2014.
At the end of July 2014, RTL Group announced its acquisition of a majority share in SpotXchange. The US company operates one of the largest platforms for the automated sale of online video advertising. The transaction remains subject to the approval of the US competition authority and is expected to be completed at the end of August 2014.