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Rizzoli Libri

January 01, 1970

Not to be confused with RCS MediaGroup, the owner of the brand Rizzoli in non-book publishing.

Rizzoli Libri, formerly Rizzoli Libri S.p.A. and RCS Libri S.p.A. is an Italian book publisher and a division of Mondadori Libri, a wholly owned subsidiary of Arnoldo Mondadori Editore.[3] RCS Libri was a former subsidiary of RCS MediaGroup, but in 2015, most of the book publishing division was sold to Arnoldo Mondadori Editore,[4] with some imprints of RCS Libri, were either sold by RCS MediaGroup or Arnoldo Mondadori Editore to third parties, as part of an antitrust deal. RCS MediaGroup retained the brand Rizzoli for non-book publishing, while Arnoldo Mondadori Editore has the exclusive rights to use the brand Rizzoli in book publishing.

Rizzoli Libri
Parent company
Statusactive (as division)
Predecessorimprints of RCS MediaGroup
Founded
1994 (as RCS Libri & Grandi Opere)
2016(as Rizzoli Libri S.p.A.)
2017(downsized as a trade book division)
FounderRCS MediaGroup
Successor
Rizzoli Education S.p.A.(textbooks only)
Rizzoli International(English publications only)
Country of originItaly
Headquarters location
Milan(registered office)
Segrate(de facto)
Key peopleEnrico Selva Coddè (MD of Mondadori Libri, trade book area)
Publication types
  • fiction
  • non-fiction books
  • textbooks (former)
Imprints
Rizzoli
Fabbri Editori
BUR
Rizzoli Lizard
Rizzoli Etas
Rizzoli Education(under Rizzoli Edu.)
La Nuova Italia(under Rizzoli Edu.)
Tramontana(under Rizzoli Edu.)
Rizzoli Electa(under Rizzoli Int'l)
Ex Libris(under Rizzoli Int'l)
Universe Publishing(under Rizzoli Int'l)
Welcome Books(under Rizzoli Int'l)
Skira Rizzoli(Rizzoli Int'l's joint venture)
Rizzoli Illustrati(under Mondadori Electa)
Adelphi(sold)
Archinto(sold)
Bompiani(sold)
Marsilio(sold)
Skira(sold)
Sonzogno(sold)
Revenue€223 million (2014)[1]
Owner(s)
Official websitewww.rizzolilibri.it

From 2016 to 2017, Rizzoli Libri S.p.A. was further dismantled into subsidiaries and divisions of Arnoldo Mondadori Editore. Rizzoli Libri (trade book section only) became a division of sub-holding company Mondadori Libri S.p.A., while Rizzoli Education S.p.A. became a subsidiary of Mondadori Libri S.p.A.; The international subsidiaries of the former Rizzoli Libri S.p.A.: Rizzoli International Publications and Rizzoli Bookstore, became the subsidiaries of Mondadori Electa S.p.A., itself a subsidiary of Mondadori Libri S.p.A.. Rizzoli International also operated the new brand Rizzoli Electa.

History edit

Predecessors edit

 
BUR logo

RCS Libri S.p.A. was a subsidiary and the book publishing division of RCS MediaGroup (RCS stands for Rizzoli–Corriere della Sera); libri itself means books in Italian. A. Rizzoli & C. was founded by Angelo Rizzoli, a former printing apprentice. The company acquired 4 magazines to become a publishing company in 1927.[5] A. Rizzoli & C. soon started to publish books, such as involved in the printing of Treccani Encyclopedia from 1929.[5][6] The group founded the imprint Biblioteca Universale Rizzoli [it] (BUR) in 1949.[5][7] In the 1960s, the group started to open their own book store, including a branch in the New York city, as well as sister operation Rizzoli International Publications.[5] The group was expanded into RCS MediaGroup after the acquisition of the newspaper Corriere della Sera in 1974.[5][8]

In 1990, the group acquired Fabbri–Sonzogno–Etas, another publishing group. In 1993 RCS Media Group acquired the full control of Fabbri–Sonzogno–Etas.[5] Fabbri, Sonzogno [it], and Etas became the imprints of the group in publication.

In 1992, RCS Media Group acquired Sansoni Editore,[7] which gave birth of the two brands Sansoni and Sansoni per la Scuola. In 1993, RCS MediaGroup acquired Bompiani.[7]

Establishment of RCS Libri S.p.A. edit

The division RCS Libri & Grandi Opere was established in 1994, which included the imprints such as Fabbri.[5] In 1998, RCS Libri acquired the textbook publisher Tramontana,[9] merging with the group's existing textbook publishing business.[5] In 2000, the group acquired Sfera Editore[5] (a magazine publisher), Marsilio Editori [it][5] (from De Michelis family[10]) as well as French publisher Editions Flammarion.[5][11] RCS MediaGroup became the largest book publisher in Italy after the deals.[5] However, a decade later, RCS Libri sold Flammarion in 2012 for €251 million.[12][13]

In 2007, Italian Competition Authority started an investigation on 9 publishing companies, including RCS Libri, for an alleged anti-competitive conduct in textbook market.[14]

On 9 December 2013, the group signed an agreement with Telecom Italia on e-books and online edition of newspapers. It also included the ebooks of the imprints of RCS Libri at that time: Rizzoli, Bompiani, Fabbri, Adelphi, Archinto [it], Marsilio, Skira, and Sonzogno.[15] RCS Media Group also sold the equity interest (48%) in the imprint Editions d'Art Albert Skirà (or known as Skira group) on 11 December 2013.[16] Immediately after the transaction, RCS Libri, via Rizzoli International, still owned 49% stake of Skira Rizzoli Publications Inc., which was based in New York.[16]: 148, 326  Before the sales of Skira group, the imprint Skira Rizzoli was considered within the scope of consolidation.[17]: 251 

According to Publishers Weekly, the division RCS Libri had a revenue of €513.3 million in the financial year 2011 (not adjusted for the sale of Flammarion in 2012),[18] or €298.6 million if excluding Flammarion.[19] It was decreased to €273.3 million in 2012[19][17]: 22  and then €252 million in 2013[20][16]: 78  and €223 million in 2014.[1][21]: 33  Moreover, the whole group was suffered from aggregate net losses in the 2010s, for example in financial years 2012,[22] 2013 and 2014.[23] The net loss was €218 million in 2013[16][23] and €110.8 million in 2014.[21]: 18 [23]

The market share of RCS Libri in fiction and non-fiction was 11.8% in 2014, according to Publishers Weekly,[1] itself was quoting the figure from GfK.[21]: 63 

Acquired by Mondadori group and downsizing as Rizzoli Libri division edit

In February 2015, it was reported that Arnoldo Mondadori Editore (Mondadori group) had submitted a non-binding offer to buy RCS Libri from RCS MediaGroup.[24] It was reported that Rosellina Archinto, founder of the namesake imprint, re-acquired Archinto in July 2015.[25] In October 2015, RCS MediaGroup announced to sell the whole division, with Mondadori group being the principal buyer, despite some subsidiaries and imprints of RCS Libri, were sold to other investors instead.[26][27] For example, the controlling stake (58%) of Adelphi was sold to Roberto Calasso,[26] who worked at Adelphi for many years.[28] Furthermore, in March 2016, Italian Competition Authority (AGCM) ruled that Mondadori, after the acquisition, had to sell subsidiaries and imprints Bompiani, Marsilio Editori and Sonzogno.[29][30] Marsilio (including the imprint Sonzogno[31]) was sold back to De Michelis family's GEM S.r.l.[32] while Bompiani was sold to Giunti Editore.[33] Mondadori group retained the brands such as Rizzoli (in books only[26]), BUR and Fabbri Editori.[34] It also owned Rizzoli Lizard [it].[35]

In April 2016, immediately after the takeover,[36] RCS Libri S.p.A. was renamed to Rizzoli Libri S.p.A..[37] Rizzoli Libri S.p.A. was under Mondadori Libri S.p.A., a business unit of Mondadori group.[36] At the time of the foundation in 2014, Mondadori Libri S.p.A. was the sub-holding company of the subsidiaries and imprints Piemme, Giulio Einaudi, Mondadori Education, Mondadori Electa, Sperling & Kupfer as well as joint venture Harlequin Mondadori.[38]

Rizzoli Libri S.p.A. was further downsized by the transfer of the ownership of the overseas subsidiary Rizzoli International Publications to Mondadori Electa, with the trade book section of Rizzoli Libri S.p.A. was merged into direct parent company Mondadori Libri S.p.A.. Mondadori Libri also absorbed Sperling & Kupfer S.p.A. and Edizioni Piemme S.p.A. on 1 January 2017.[39] They were retained as division and imprints of Mondadori Libri. The trade book area of Mondadori Libri (including the imprint Rizzoli) and the textbook subsidiary and imprint Rizzoli Education, since 2018, were also under different corporate leadership, Enrico Selva Coddè and Antonio Porro respectively. They were the Managing Directors (Italian: Direttore Generale) of Mondadori Libri.[40] According to the publication of Mondadori group, the direct parent company of Rizzoli Education had also changed to aforementioned Mondadori Libri.[3]

According to GfK, as of financial year 2018, the downsized Rizzoli Libri had a market share of 4.8% (decreased from 4.9% year to yearly) in trade books, with the whole Mondadori group had a market share of 27.4% (decreased from 30.0% year to yearly).[41]: 38 

Former subsidiaries edit

Rizzoli Education edit

 
Logo of Rizzoli Education

Rizzoli Education S.p.A. [it], formerly Rizzoli Education, was a division of Rizzoli Libri S.p.A.. After the trade book section of Rizzoli Libri S.p.A. was absorbed into Mondadori Libri S.p.A. in 2017, Rizzoli Education S.p.A. was retained as a subsidiary of aforementioned Mondadori Libri.[3] In 2016, the first year of the acquisition of Rizzoli Libri group, Rizzoli Education and Mondadori group's existing subsidiary Mondadori Education, had a combined share of 24% in Italian textbook market, according to Publishers Weekly[42] which itself quoting the figures from Mondadori group.[43]: 33 

In 2019, Oxford University Press and Rizzoli Education renewed an agreement on distributing books. Oxford University Press signed the first agreement with La Nuova Italia Editrice [it] in 1978, now a brand of Rizzoli Education.[44]

Rizzoli Education also used other imprints such as Fabbri Editori (acquired by RCS Libri in 1990), Tramontana (acquired in 2000), Sansoni per la Scuola (acquired in 1992), Etas (acquired in 1990), Rizzoli Languages, Calderini, Edagricole, Edizioni del Quadrifoglio and Markes.[45]

Rizzoli International Publications edit

RCS Libri, via RCS International Books B.V., had an overseas subsidiary Rizzoli International Publications Inc.,[46][16]: 323 [non-primary source needed] also known as Rizzoli New York or Rizzoli USA. The company was based in New York City, the United States. Rizzoli International acquired the imprint Welcome Books. Inc., from Welcome Enterprises in 2014.[46][47][non-primary source needed] The American division also contained Rizzoli Bookstore,[16]: 323 [non-primary source needed] which was located in NoMad, New York City since 2015.[48][49][non-primary source needed] After the 2016 takeover of RCS Libri, both Rizzoli International and Rizzoli Bookstore are now part of Mondadori group.[34][non-primary source needed] However, the intermediate parent company was changed from RCS Libri to Mondadori Electa,[50][non-primary source needed] another subsidiary of Mondadori group. As of 2019, Rizzoli International Publications also owned the imprints Ex Libris (established in 2011) and Universe Publishing (established in 1990).[50][non-primary source needed]

Mondadori group launched the imprint Rizzoli Electa in January 2018, but the international illustrated department of Rizzoli Libri, would be integrated into fellow division Mondadori Electa. The brand Rizzoli Electa would be operated by Mondadori Electa instead.[51][non-primary source needed] Or in other words, the international division of Rizzoli Libri, as well as future publication that under Rizzoli brand in English language (as Rizzoli Electa), would be operated by Mondadori Electa instead. Mondadori Electa also owned imprint Rizzoli Illustrati Italia at that time.[51]

Despite the parent companies of Rizzoli International sold the publishing companies Flammarion (in 2012 by RCS MediaGroup) and Marsilio (in 2016 by Mondadori group), Rizzoli International still distributed the books by the two imprints.[50][non-primary source needed]

References edit

  1. ^ a b c "Global Publishing Leaders 2015: RCS Libri". Publishers Weekly. 26 June 2015. Retrieved 4 April 2019.
  2. ^ "Azionisti rilevanti di ARNOLDO MONDADORI EDITORE SPA" (in English and Italian). CONSOB. 26 March 2019. Retrieved 3 April 2019.
  3. ^ a b c "Group structure". Arnoldo Mondadori Editore. 9 January 2019. Retrieved 3 April 2019.
  4. ^ "Acquisitions and Disposals". www.rcsmediagroup.it. Retrieved 28 August 2023.
  5. ^ a b c d e f g h i j k l Cohen, M. L.; Brinson, Victoria (2018) [first edition of the article appeared in vol. 96]. Johnson, Drew D. (ed.). "RCS MediaGroup S.p.A.". International Directory of Company Histories. 193. Farmington Hills, Michigan: St. James Press (Gale Cengage group): 329–333. ISBN 978-1-55862-992-9.
  6. ^ Cappelletti, Vincenzo; Nisticò, Gabriella (1992). "Enciclopedia Italiana". Retrieved 4 April 2019.
  7. ^ a b c (in Italian). Turin International Book Fair. 9 May 2011. Archived from the original on 4 April 2019. Retrieved 4 April 2019.
  8. ^ "Corriere della Sera". Enciclopedia Treccani online (in Italian). Retrieved 4 April 2019.
  9. ^ "Benzina sconti di Pasqua è polemica". La Repubblica (in Italian). Rome: GEDI Gruppo Editoriale. 9 April 1998. ISSN 2499-0817. Retrieved 4 April 2019.
  10. ^ "La Rizzoli compra la Marsilio". La Repubblica (in Italian). Rome: GEDI Gruppo Editoriale. 20 June 2000. ISSN 2499-0817. Retrieved 4 April 2019.
  11. ^ Ball, Deborah; Kamm, Thomas (19 October 2000). "RCS Editori to Launch Offer to Acquire France's Flammarion for $130.3 Million". The Wall Street Journal. Retrieved 3 April 2019.
  12. ^ "Offer received from Gallimard for Flammarion" (PDF) (Press release). RCS MediaGroup. 26 June 2012. Retrieved 3 April 2019.
  13. ^ "Gallimard s'offre Flammarion et devient le troisième éditeur français". France 24 (in French). 27 June 2012. Retrieved 3 April 2019.
  14. ^ "SCHOOLBOOKS: ANTITRUST AUTHORITY ACCEPTS PUBLISHERS' COMMITMENTS. FROM NEXT YEAR THERE WILL BE NEW MULTIMEDIA EDITIONS AND BOOKS AT REDUCED PRICES. TEACHERS TO HAVE A DATA BASE FOR COMPARING DIFFERENT PRODUCTS. BOOK RENTAL AND RIGHT OF USAGE TO BE POSSIBLE IN ITALY TOO" (Press release). Italian Competition Authority. 3 May 2008. Retrieved 4 April 2019.
  15. ^ "Agreement between Telecom Italia and the RCS Group for editorial digital content" (Press release). RCS MediaGroup. 9 December 2013. Retrieved 3 April 2019.
  16. ^ a b c d e f Annual Report at December 31, 2013 (PDF) (Report). RCS MediaGroup. 2014. Retrieved 3 April 2019.
  17. ^ a b Annual Report at December 31, 2012 (PDF) (Report). RCS MediaGroup. 2013. Retrieved 3 April 2019.
  18. ^ "Global Publishing Leaders 2012: RCS Libri (RCS MediaGroup)". Publishers Weekly. 25 June 2012. Retrieved 3 April 2019.
  19. ^ a b "Global Publishing Leaders 2013: RCS Libri". Publishers Weekly. 19 July 2013. Retrieved 3 April 2019.
  20. ^ "Global Publishing Leaders 2014: RCS Libri". Publishers Weekly. 27 June 2014. Retrieved 3 April 2019.
  21. ^ a b c Annual Report at December 31, 2014 (PDF) (Report). RCS MediaGroup. 2015. Retrieved 4 April 2019.
  22. ^ "Italy's RCS Mediagroup presses ahead with restructuring plan". Reuters. 15 April 2013. Retrieved 3 April 2019.
  23. ^ a b c "RCS MediaGroup net loss narrows last year, sees operating profit in 2015". Reuters. 11 March 2015. Retrieved 3 April 2019.
  24. ^ "UPDATE 2-Mondadori in talks to buy RCS book business". Reuters. 18 February 2015. Retrieved 3 April 2019.
  25. ^ "Rosellina Archinto ricompra la sua casa editrice da Rcs Libri". Prima online (in Italian). Prima Comunicazione. 8 July 2015. Retrieved 3 April 2019.
  26. ^ a b c "RCS MediaGroup Board of Directors -Contract for the RCS Libri disposal signed" (Press release). Milan: RCS MediaGroup. 4 October 2015. Retrieved 2 April 2019.
  27. ^ "Mondadori: agreement to acquire RCS Libri" (Press release). Arnoldo Mondadori Editore. 4 October 2015. Retrieved 2 April 2019.
  28. ^ Koski, Lorna (5 November 2015). "Roberto Calasso's Views on Publishing, Writing — and Baudelaire". WWD. Penske Media Corporation. Retrieved 17 February 2017.
  29. ^ Scherer, Steve (24 March 2016). "Italy Antitrust gives conditional go-ahead to Mondadori-RCS Libri merger". Reuters. Rome. Retrieved 2 April 2019.
  30. ^ "C12023 - Via libera condizionato dell'Antitrust alla concentrazione Mondadori-RCS Libri" (Press release) (in Italian). Italian Competition Authority. 23 March 2016. Retrieved 4 April 2019.
  31. ^ "Chi siamo" (in Italian). Sonzogno Editori. Retrieved 9 April 2019.
  32. ^ "Mondadori completes disposal of Marsilio Editori to the De Michelis family" (Press release). Arnoldo Mondadori Editore. 26 July 2016. Retrieved 2 April 2019.
  33. ^ "Mondadori: agreement to transfer Bompiani to Giunti Editore" (Press release). Arnoldo Mondadori Editore. 29 September 2016. Retrieved 3 April 2019.
  34. ^ a b "BoD approves half-year financial report at 30 June 2016" (Press release). Arnoldo Mondadori Editore. 28 July 2016. Retrieved 3 April 2019.
  35. ^ "Marta Treves appointed as new head of miscellaneous books at Rizzoli" (Press release). Arnoldo Mondadori Editore. 19 March 2019. Retrieved 3 April 2019.
  36. ^ a b "Mondadori: closing of RCS Libri acquisition" (Press release). Arnoldo Mondadori Editore. 14 April 2016. Retrieved 2 April 2019.
  37. ^ "Birth today of Rizzoli Libri S.p.A" (Press release). Arnoldo Mondadori Editore. 14 April 2016. Retrieved 2 April 2019.
  38. ^ "Board approves incorporation of Mondadori Libri S.p.A." (Press release). Arnoldo Mondadori Editore. 25 November 2014. Retrieved 2 April 2019.
  39. ^ Relazione finanziaria annuale 2017 (PDF) (Report). Arnoldo Mondadori Editore. 13 March 2018. Retrieved 3 April 2019. In data 31 dicembre,...fusione per incorporazione di Sperling & Kupfer S.p.A. e di Edizioni Piemme S.p.A. e il conferimento del ramo Trade di Rizzoli Libri.
  40. ^ "Mondadori Group: book activities under a single business area" (Press release). Arnoldo Mondadori Editore. 1 February 2018. Retrieved 2 April 2019.
  41. ^ Relazione finanziaria annuale 2018 (PDF) (Report). Arnoldo Mondadori Editore. 14 March 2019. Retrieved 4 April 2019.
  42. ^ "Global Publishing Leaders 2017: Arnoldo Mondadori Editore S.p.A". Publishers Weekly. 25 August 2017. Retrieved 3 April 2019.
  43. ^ Relazione finanziaria annuale 2016 (PDF) (Report) (in Italian). Arnoldo Mondadori Editore. 21 March 2017. Retrieved 3 April 2019.
  44. ^ "Oxford University Press and Rizzoli Education: new exclusive distribution agreement" (Press release). Arnoldo Mondadori Editore. 28 February 2019. Retrieved 4 April 2019.
  45. ^ "Azienda" (in Italian). Rizzoli Education. Retrieved 4 April 2019.
  46. ^ a b "Rizzoli to acquire Welcome Books, Inc" (Press release). Rizzoli International Publications. 24 July 2014. Retrieved 3 April 2019.
  47. ^ "About". Welcome Enterprises. Retrieved 3 April 2019.
  48. ^ "Rizzoli announces new bookstore location" (Press release). RCS MediaGroup. 8 September 2014. Retrieved 3 April 2019.
  49. ^ "Store History / About Us". Rizzoli Bookstore. Retrieved 3 April 2019.
  50. ^ a b c "About us". Rizzoli International Publications. Retrieved 3 April 2019.
  51. ^ a b "The Mondadori Group launches Rizzoli Electa and expands its illustrated publications business internationally" (Press release). Arnoldo Mondadori Editore. 1 December 2017. Retrieved 3 April 2019.

External links edit

  • Official website of Rizzoli Libri (in Italian)
  • Official website of Rizzoli Education (in Italian)
  • Official website of Rizzoli International Publications

January 01, 1970
rizzoli, libri, confused, with, mediagroup, owner, brand, rizzoli, book, publishing, formerly, libri, italian, book, publisher, division, mondadori, libri, wholly, owned, subsidiary, arnoldo, mondadori, editore, libri, former, subsidiary, mediagroup, 2015, mos. Not to be confused with RCS MediaGroup the owner of the brand Rizzoli in non book publishing Rizzoli Libri formerly Rizzoli Libri S p A and RCS Libri S p A is an Italian book publisher and a division of Mondadori Libri a wholly owned subsidiary of Arnoldo Mondadori Editore 3 RCS Libri was a former subsidiary of RCS MediaGroup but in 2015 most of the book publishing division was sold to Arnoldo Mondadori Editore 4 with some imprints of RCS Libri were either sold by RCS MediaGroup or Arnoldo Mondadori Editore to third parties as part of an antitrust deal RCS MediaGroup retained the brand Rizzoli for non book publishing while Arnoldo Mondadori Editore has the exclusive rights to use the brand Rizzoli in book publishing Rizzoli LibriParent companyMondadori Libri part of Mondadori group Statusactive as division Predecessorimprints of RCS MediaGroupFounded1994 as RCS Libri amp Grandi Opere 2016 as Rizzoli Libri S p A 2017 downsized as a trade book division FounderRCS MediaGroupSuccessorRizzoli Education S p A textbooks only Rizzoli International English publications only Country of originItalyHeadquarters locationMilan registered office Segrate de facto Key peopleEnrico Selva Codde MD of Mondadori Libri trade book area Publication typesfictionnon fiction bookstextbooks former ImprintsRizzoliFabbri EditoriBURRizzoli LizardRizzoli EtasRizzoli Education under Rizzoli Edu La Nuova Italia under Rizzoli Edu Tramontana under Rizzoli Edu Rizzoli Electa under Rizzoli Int l Ex Libris under Rizzoli Int l Universe Publishing under Rizzoli Int l Welcome Books under Rizzoli Int l Skira Rizzoli Rizzoli Int l s joint venture Rizzoli Illustrati under Mondadori Electa Adelphi sold Archinto sold Bompiani sold Marsilio sold Skira sold Sonzogno sold Revenue 223 million 2014 1 Owner s Fininvest 53 2 via Mondadori group Official websitewww wbr rizzolilibri wbr it From 2016 to 2017 Rizzoli Libri S p A was further dismantled into subsidiaries and divisions of Arnoldo Mondadori Editore Rizzoli Libri trade book section only became a division of sub holding company Mondadori Libri S p A while Rizzoli Education S p A became a subsidiary of Mondadori Libri S p A The international subsidiaries of the former Rizzoli Libri S p A Rizzoli International Publications and Rizzoli Bookstore became the subsidiaries of Mondadori Electa S p A itself a subsidiary of Mondadori Libri S p A Rizzoli International also operated the new brand Rizzoli Electa Contents 1 History 1 1 Predecessors 1 2 Establishment of RCS Libri S p A 1 3 Acquired by Mondadori group and downsizing as Rizzoli Libri division 2 Former subsidiaries 2 1 Rizzoli Education 2 2 Rizzoli International Publications 3 References 4 External linksHistory editPredecessors edit nbsp BUR logo RCS Libri S p A was a subsidiary and the book publishing division of RCS MediaGroup RCS stands for Rizzoli Corriere della Sera libri itself means books in Italian A Rizzoli amp C was founded by Angelo Rizzoli a former printing apprentice The company acquired 4 magazines to become a publishing company in 1927 5 A Rizzoli amp C soon started to publish books such as involved in the printing of Treccani Encyclopedia from 1929 5 6 The group founded the imprint Biblioteca Universale Rizzoli it BUR in 1949 5 7 In the 1960s the group started to open their own book store including a branch in the New York city as well as sister operation Rizzoli International Publications 5 The group was expanded into RCS MediaGroup after the acquisition of the newspaper Corriere della Sera in 1974 5 8 In 1990 the group acquired Fabbri Sonzogno Etas another publishing group In 1993 RCS Media Group acquired the full control of Fabbri Sonzogno Etas 5 Fabbri Sonzogno it and Etas became the imprints of the group in publication In 1992 RCS Media Group acquired Sansoni Editore 7 which gave birth of the two brands Sansoni and Sansoni per la Scuola In 1993 RCS MediaGroup acquired Bompiani 7 Establishment of RCS Libri S p A edit The division RCS Libri amp Grandi Opere was established in 1994 which included the imprints such as Fabbri 5 In 1998 RCS Libri acquired the textbook publisher Tramontana 9 merging with the group s existing textbook publishing business 5 In 2000 the group acquired Sfera Editore 5 a magazine publisher Marsilio Editori it 5 from De Michelis family 10 as well as French publisher Editions Flammarion 5 11 RCS MediaGroup became the largest book publisher in Italy after the deals 5 However a decade later RCS Libri sold Flammarion in 2012 for 251 million 12 13 In 2007 Italian Competition Authority started an investigation on 9 publishing companies including RCS Libri for an alleged anti competitive conduct in textbook market 14 On 9 December 2013 the group signed an agreement with Telecom Italia on e books and online edition of newspapers It also included the ebooks of the imprints of RCS Libri at that time Rizzoli Bompiani Fabbri Adelphi Archinto it Marsilio Skira and Sonzogno 15 RCS Media Group also sold the equity interest 48 in the imprint Editions d Art Albert Skira or known as Skira group on 11 December 2013 16 Immediately after the transaction RCS Libri via Rizzoli International still owned 49 stake of Skira Rizzoli Publications Inc which was based in New York 16 148 326 Before the sales of Skira group the imprint Skira Rizzoli was considered within the scope of consolidation 17 251 According to Publishers Weekly the division RCS Libri had a revenue of 513 3 million in the financial year 2011 not adjusted for the sale of Flammarion in 2012 18 or 298 6 million if excluding Flammarion 19 It was decreased to 273 3 million in 2012 19 17 22 and then 252 million in 2013 20 16 78 and 223 million in 2014 1 21 33 Moreover the whole group was suffered from aggregate net losses in the 2010s for example in financial years 2012 22 2013 and 2014 23 The net loss was 218 million in 2013 16 23 and 110 8 million in 2014 21 18 23 The market share of RCS Libri in fiction and non fiction was 11 8 in 2014 according to Publishers Weekly 1 itself was quoting the figure from GfK 21 63 Acquired by Mondadori group and downsizing as Rizzoli Libri division edit In February 2015 it was reported that Arnoldo Mondadori Editore Mondadori group had submitted a non binding offer to buy RCS Libri from RCS MediaGroup 24 It was reported that Rosellina Archinto founder of the namesake imprint re acquired Archinto in July 2015 25 In October 2015 RCS MediaGroup announced to sell the whole division with Mondadori group being the principal buyer despite some subsidiaries and imprints of RCS Libri were sold to other investors instead 26 27 For example the controlling stake 58 of Adelphi was sold to Roberto Calasso 26 who worked at Adelphi for many years 28 Furthermore in March 2016 Italian Competition Authority AGCM ruled that Mondadori after the acquisition had to sell subsidiaries and imprints Bompiani Marsilio Editori and Sonzogno 29 30 Marsilio including the imprint Sonzogno 31 was sold back to De Michelis family s GEM S r l 32 while Bompiani was sold to Giunti Editore 33 Mondadori group retained the brands such as Rizzoli in books only 26 BUR and Fabbri Editori 34 It also owned Rizzoli Lizard it 35 In April 2016 immediately after the takeover 36 RCS Libri S p A was renamed to Rizzoli Libri S p A 37 Rizzoli Libri S p A was under Mondadori Libri S p A a business unit of Mondadori group 36 At the time of the foundation in 2014 Mondadori Libri S p A was the sub holding company of the subsidiaries and imprints Piemme Giulio Einaudi Mondadori Education Mondadori Electa Sperling amp Kupfer as well as joint venture Harlequin Mondadori 38 Rizzoli Libri S p A was further downsized by the transfer of the ownership of the overseas subsidiary Rizzoli International Publications to Mondadori Electa with the trade book section of Rizzoli Libri S p A was merged into direct parent company Mondadori Libri S p A Mondadori Libri also absorbed Sperling amp Kupfer S p A and Edizioni Piemme S p A on 1 January 2017 39 They were retained as division and imprints of Mondadori Libri The trade book area of Mondadori Libri including the imprint Rizzoli and the textbook subsidiary and imprint Rizzoli Education since 2018 were also under different corporate leadership Enrico Selva Codde and Antonio Porro respectively They were the Managing Directors Italian Direttore Generale of Mondadori Libri 40 According to the publication of Mondadori group the direct parent company of Rizzoli Education had also changed to aforementioned Mondadori Libri 3 According to GfK as of financial year 2018 the downsized Rizzoli Libri had a market share of 4 8 decreased from 4 9 year to yearly in trade books with the whole Mondadori group had a market share of 27 4 decreased from 30 0 year to yearly 41 38 Former subsidiaries editRizzoli Education edit nbsp Logo of Rizzoli Education Rizzoli Education S p A it formerly Rizzoli Education was a division of Rizzoli Libri S p A After the trade book section of Rizzoli Libri S p A was absorbed into Mondadori Libri S p A in 2017 Rizzoli Education S p A was retained as a subsidiary of aforementioned Mondadori Libri 3 In 2016 the first year of the acquisition of Rizzoli Libri group Rizzoli Education and Mondadori group s existing subsidiary Mondadori Education had a combined share of 24 in Italian textbook market according to Publishers Weekly 42 which itself quoting the figures from Mondadori group 43 33 In 2019 Oxford University Press and Rizzoli Education renewed an agreement on distributing books Oxford University Press signed the first agreement with La Nuova Italia Editrice it in 1978 now a brand of Rizzoli Education 44 Rizzoli Education also used other imprints such as Fabbri Editori acquired by RCS Libri in 1990 Tramontana acquired in 2000 Sansoni per la Scuola acquired in 1992 Etas acquired in 1990 Rizzoli Languages Calderini Edagricole Edizioni del Quadrifoglio and Markes 45 Rizzoli International Publications edit RCS Libri via RCS International Books B V had an overseas subsidiary Rizzoli International Publications Inc 46 16 323 non primary source needed also known as Rizzoli New York or Rizzoli USA The company was based in New York City the United States Rizzoli International acquired the imprint Welcome Books Inc from Welcome Enterprises in 2014 46 47 non primary source needed The American division also contained Rizzoli Bookstore 16 323 non primary source needed which was located in NoMad New York City since 2015 48 49 non primary source needed After the 2016 takeover of RCS Libri both Rizzoli International and Rizzoli Bookstore are now part of Mondadori group 34 non primary source needed However the intermediate parent company was changed from RCS Libri to Mondadori Electa 50 non primary source needed another subsidiary of Mondadori group As of 2019 Rizzoli International Publications also owned the imprints Ex Libris established in 2011 and Universe Publishing established in 1990 50 non primary source needed Mondadori group launched the imprint Rizzoli Electa in January 2018 but the international illustrated department of Rizzoli Libri would be integrated into fellow division Mondadori Electa The brand Rizzoli Electa would be operated by Mondadori Electa instead 51 non primary source needed Or in other words the international division of Rizzoli Libri as well as future publication that under Rizzoli brand in English language as Rizzoli Electa would be operated by Mondadori Electa instead Mondadori Electa also owned imprint Rizzoli Illustrati Italia at that time 51 Despite the parent companies of Rizzoli International sold the publishing companies Flammarion in 2012 by RCS MediaGroup and Marsilio in 2016 by Mondadori group Rizzoli International still distributed the books by the two imprints 50 non primary source needed References edit a b c Global Publishing Leaders 2015 RCS Libri Publishers Weekly 26 June 2015 Retrieved 4 April 2019 Azionisti rilevanti di ARNOLDO MONDADORI EDITORE SPA in English and Italian CONSOB 26 March 2019 Retrieved 3 April 2019 a b c Group structure Arnoldo Mondadori Editore 9 January 2019 Retrieved 3 April 2019 Acquisitions and Disposals www rcsmediagroup it Retrieved 28 August 2023 a b c d e f g h i j k l Cohen M L Brinson Victoria 2018 first edition of the article appeared in vol 96 Johnson Drew D ed RCS MediaGroup S p A International Directory of Company Histories 193 Farmington Hills Michigan St James Press Gale Cengage group 329 333 ISBN 978 1 55862 992 9 Cappelletti Vincenzo Nistico Gabriella 1992 Enciclopedia Italiana Retrieved 4 April 2019 a b c Rizzoli in Italian Turin International Book Fair 9 May 2011 Archived from the original on 4 April 2019 Retrieved 4 April 2019 Corriere della Sera Enciclopedia Treccani online in Italian Retrieved 4 April 2019 Benzina sconti di Pasqua e polemica La Repubblica in Italian Rome GEDI Gruppo Editoriale 9 April 1998 ISSN 2499 0817 Retrieved 4 April 2019 La Rizzoli compra la Marsilio La Repubblica in Italian Rome GEDI Gruppo Editoriale 20 June 2000 ISSN 2499 0817 Retrieved 4 April 2019 Ball Deborah Kamm Thomas 19 October 2000 RCS Editori to Launch Offer to Acquire France s Flammarion for 130 3 Million The Wall Street Journal Retrieved 3 April 2019 Offer received from Gallimard for Flammarion PDF Press release RCS MediaGroup 26 June 2012 Retrieved 3 April 2019 Gallimard s offre Flammarion et devient le troisieme editeur francais France 24 in French 27 June 2012 Retrieved 3 April 2019 SCHOOLBOOKS ANTITRUST AUTHORITY ACCEPTS PUBLISHERS COMMITMENTS FROM NEXT YEAR THERE WILL BE NEW MULTIMEDIA EDITIONS AND BOOKS AT REDUCED PRICES TEACHERS TO HAVE A DATA BASE FOR COMPARING DIFFERENT PRODUCTS BOOK RENTAL AND RIGHT OF USAGE TO BE POSSIBLE IN ITALY TOO Press release Italian Competition Authority 3 May 2008 Retrieved 4 April 2019 Agreement between Telecom Italia and the RCS Group for editorial digital content Press release RCS MediaGroup 9 December 2013 Retrieved 3 April 2019 a b c d e f Annual Report at December 31 2013 PDF Report RCS MediaGroup 2014 Retrieved 3 April 2019 a b Annual Report at December 31 2012 PDF Report RCS MediaGroup 2013 Retrieved 3 April 2019 Global Publishing Leaders 2012 RCS Libri RCS MediaGroup Publishers Weekly 25 June 2012 Retrieved 3 April 2019 a b Global Publishing Leaders 2013 RCS Libri Publishers Weekly 19 July 2013 Retrieved 3 April 2019 Global Publishing Leaders 2014 RCS Libri Publishers Weekly 27 June 2014 Retrieved 3 April 2019 a b c Annual Report at December 31 2014 PDF Report RCS MediaGroup 2015 Retrieved 4 April 2019 Italy s RCS Mediagroup presses ahead with restructuring plan Reuters 15 April 2013 Retrieved 3 April 2019 a b c RCS MediaGroup net loss narrows last year sees operating profit in 2015 Reuters 11 March 2015 Retrieved 3 April 2019 UPDATE 2 Mondadori in talks to buy RCS book business Reuters 18 February 2015 Retrieved 3 April 2019 Rosellina Archinto ricompra la sua casa editrice da Rcs Libri Prima online in Italian Prima Comunicazione 8 July 2015 Retrieved 3 April 2019 a b c RCS MediaGroup Board of Directors Contract for the RCS Libri disposal signed Press release Milan RCS MediaGroup 4 October 2015 Retrieved 2 April 2019 Mondadori agreement to acquire RCS Libri Press release Arnoldo Mondadori Editore 4 October 2015 Retrieved 2 April 2019 Koski Lorna 5 November 2015 Roberto Calasso s Views on Publishing Writing and Baudelaire WWD Penske Media Corporation Retrieved 17 February 2017 Scherer Steve 24 March 2016 Italy Antitrust gives conditional go ahead to Mondadori RCS Libri merger Reuters Rome Retrieved 2 April 2019 C12023 Via libera condizionato dell Antitrust alla concentrazione Mondadori RCS Libri Press release in Italian Italian Competition Authority 23 March 2016 Retrieved 4 April 2019 Chi siamo in Italian Sonzogno Editori Retrieved 9 April 2019 Mondadori completes disposal of Marsilio Editori to the De Michelis family Press release Arnoldo Mondadori Editore 26 July 2016 Retrieved 2 April 2019 Mondadori agreement to transfer Bompiani to Giunti Editore Press release Arnoldo Mondadori Editore 29 September 2016 Retrieved 3 April 2019 a b BoD approves half year financial report at 30 June 2016 Press release Arnoldo Mondadori Editore 28 July 2016 Retrieved 3 April 2019 Marta Treves appointed as new head of miscellaneous books at Rizzoli Press release Arnoldo Mondadori Editore 19 March 2019 Retrieved 3 April 2019 a b Mondadori closing of RCS Libri acquisition Press release Arnoldo Mondadori Editore 14 April 2016 Retrieved 2 April 2019 Birth today of Rizzoli Libri S p A Press release Arnoldo Mondadori Editore 14 April 2016 Retrieved 2 April 2019 Board approves incorporation of Mondadori Libri S p A Press release Arnoldo Mondadori Editore 25 November 2014 Retrieved 2 April 2019 Relazione finanziaria annuale 2017 PDF Report Arnoldo Mondadori Editore 13 March 2018 Retrieved 3 April 2019 In data 31 dicembre fusione per incorporazione di Sperling amp Kupfer S p A e di Edizioni Piemme S p A e il conferimento del ramo Trade di Rizzoli Libri Mondadori Group book activities under a single business area Press release Arnoldo Mondadori Editore 1 February 2018 Retrieved 2 April 2019 Relazione finanziaria annuale 2018 PDF Report Arnoldo Mondadori Editore 14 March 2019 Retrieved 4 April 2019 Global Publishing Leaders 2017 Arnoldo Mondadori Editore S p A Publishers Weekly 25 August 2017 Retrieved 3 April 2019 Relazione finanziaria annuale 2016 PDF Report in Italian Arnoldo Mondadori Editore 21 March 2017 Retrieved 3 April 2019 Oxford University Press and Rizzoli Education new exclusive distribution agreement Press release Arnoldo Mondadori Editore 28 February 2019 Retrieved 4 April 2019 Azienda in Italian Rizzoli Education Retrieved 4 April 2019 a b Rizzoli to acquire Welcome Books Inc Press release Rizzoli International Publications 24 July 2014 Retrieved 3 April 2019 About Welcome Enterprises Retrieved 3 April 2019 Rizzoli announces new bookstore location Press release RCS MediaGroup 8 September 2014 Retrieved 3 April 2019 Store History About Us Rizzoli Bookstore Retrieved 3 April 2019 a b c About us Rizzoli International Publications Retrieved 3 April 2019 a b The Mondadori Group launches Rizzoli Electa and expands its illustrated publications business internationally Press release Arnoldo Mondadori Editore 1 December 2017 Retrieved 3 April 2019 External links editOfficial website of Rizzoli Libri in Italian Official website of Rizzoli Education in Italian Official website of Rizzoli International Publications Retrieved from https en wikipedia org w index php title Rizzoli Libri amp oldid 1219012555, wikipedia, wiki, book, books, library,

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