Arnoldo Mondadori Editore - Wikipedia https://en.wikipedia.

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Arnoldo Mondadori Editore

Arnoldo Mondadori Editore (Italian
Arnoldo Mondadori Editore
pronunciation:  [arˈnoldo mondaˈdoːri ediˈtoːre; arˈnɔldo])
is the biggest[1] publishing company in Italy. S.p.A.

Type listed Società per

Contents azioni

History Traded as BIT: MNDI (http://ww

w.borsaitaliana.it/bor
Mondadori war sa/azioni/scheda/IT0
Business areas 001469383.html?lan
Imprints g=en)

Magazines ISIN IT0001469383 

Italy Industry Media
Greece Founded 1907 (Ostiglia,
Digital properties Mantua, Italy)
Market shares and competitors 2018 Founder Arnoldo Mondadori 
Financial performance Headquarters Segrate, Milan, Italy
See also Key people Marina Berlusconi
(Chairman)
References
Ernesto Mauri (CEO)
External links
Products Publishing of books
and magazines, retail
History Services Bookshops
Revenue €891.1 million (2018)
The company was founded in 1907[2] in Ostiglia by 18-
Operating €51.2 million (2018)
year-old Arnoldo Mondadori who began his publishing income
career with the publication of the magazine Luce!. In
1912 he founded La Sociale and published the first book Net income €20.3 million (2018)
AiaMadama together with his close friend Tommaso Total assets €963.9 million (2018)
Monicelli and the following year, La Lampada, a series Total equity €170.7 million (2018)
of children's books.[3]
Owner Fininvest (53.30%)
The publishing house kept working intensely even private equity fund of
during the First World War, mainly on the publication of Silchester
magazines for the troops on the front such as La International
Tradotta, which included contributions from famous Investors (11.22%)
illustrators and writers such as Soffici, De Chirico and
Number of 2,875 (2018)
Carrà.[4] employees
In 1919 the publishing house headquarters were Parent Fininvest
transferred to Milan. After the First World War,
Mondadori launched several successful book series

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including Gialli Mondadori in 1929, the first example of Subsidiaries Mondadori Libri
an Italian book series dedicated to detective and crime Mondadori Scienza
novels,[5] by international writers, a new genre for Italy.
AdKaora
The series is distinguished by the yellow (giallo in
Italian) color of the covers. The response from the public Mondadori
was positive, with five thousand copies sold in a month International
and eight thousand after a hundred days. In addition to Business
those who are considered the masters of the genre, such Attica Publications
as Raymond Chandler, Dashiell Hammett, Georges Direct Channel
Simenon, Agatha Christie and Erle Stanley Gardner, in Press-di
1931 even some Italian writers began to take an interest
Mondadori Retail
in the genre and write yellow novels. As a result of the
success and longevity of the series, still on newsstands, Società Europea di
"giallo" has become the Italian name of the literary Edizioni
genre. Monradio
Website mondadori.com (htt
Despite a period of cultural autarky, in 1933 Mondadori
p://mondadori.com)
started publishing works of international writers with
the Medusa book series.[6] In 1935, through an
agreement with Walt Disney, the publishing house began the publication of a children's series
based on Disney cartoon characters, which ran until 1988, when the agreement between
Mondadori and the Walt Disney Company ended.[7]

In 1950 Mondadori returned to the information magazines, abandoned ten years earlier with
the suspension, due to the war, of the monthly Tempo. The weekly Epoca was started, which
imported the American model of photojournalism into Italy. A few years later, in 1962,
Mondadori published Panorama. The magazine was founded as a monthly information
magazine and it was only in 1967 that it became a weekly, inspired by the editorial formula of
Time and Newsweek, and was transformed into a successful newsmagazine.

In 1952 Mondadori launched I romanzi di Urania (Urania's novels), a twice monthly Italian
science fiction magazine that contributed to the wider diffusion of this genre in Italy.[8]

In 1960 Mondadori launched Il Club degli Editori, the first Italian mail-order book club[9] and
in 1965 became the first Italian publishing house to launch low-cost paperbacks for sale
through newsstands (Oscar Mondadori),[10] an experiment that would be a huge success and
that was imitated by many publishers. The aim of the series was to reach an audience not used
to buying in bookshops. The first novel published was A Farewell to Arms by Ernest
Hemingway, who immediately experienced great results in terms of copies sold.

Between 1950 and 1965, the number of employees at Mondadori rose from 335 to 3,000 and
resulted in the company's decision to construct a new building in the outskirts of Milan,
specifically within the municipality of Segrate.

In 1968, Giorgio Mondadori, Arnoldo's son and chairman of the publishing house, decided to
assign the project for the new headquarters to Brazilian architect Oscar Niemeyer, after
having admired his work on the Foreign Ministry (Palácio Itamaraty) in Brasilia three years
earlier. Construction began in 1971 and the new headquarters was inaugurated in January
1975.

Through a joint venture with Gruppo Editoriale L’Espresso in 1976, Mondadori published La
Repubblica, its first daily newspaper; Gruppo Editoriale L’Espresso was finally separated from

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Mondadori in 1991.

In 1981 Mondadori entered the television business with the launch of the Rete Quattro TV
station, which was sold to Fininvest a few years later. In the same year, through a joint
venture with Canada's Harlequin Enterprises, the romantic fiction book series Harmony
began to be published in Italy.[11]

The company has been controlled by Fininvest, Silvio Berlusconi's family holding company
since 1991.[2] Marina Berlusconi is the chairman.[12]

In 1989, Mondadori expanded into Mexico by acquiring Editorial Grijalbo. Beginning in 2001,
Mondadori operated a joint venture with Random House in Spanish-speaking countries.
Random House bought out Mondadori's stake in 2012.[13]

In 2006, Mondadori took a big step forward in its international expansion with the acquisition
of Emap France, one of France's leading magazine publishers, today Mondadori France.[14]

Mondadori was one of the first Italian publishers to enter the e-book market and in 2000 an
agreement was signed with Microsoft Corporation for the creation of the first Italian site for
the sale of electronic books. In 2010 Mondadori accelerated its presence: in June, the Group’s
online bookstore launched a store dedicated to digital books, with a vast catalogue of titles in
Italian and English. In December, Mondadori reached an agreement for the international
distribution of books produced by the Group’s publishing houses on Google Books and Google
eBooks.[15] Thanks to an accord with Vodafone Italia, in 2011 Mondadori launched the first
online newsstand for tablets. Through this new platform, it is possible to access the digital
edition of the Group's major weeklies and monthlies. The digital development continued in
July 2011 with an agreement between Mondadori and Amazon that makes the Group's
e-books available through the Kindle store. In September 2011, Mondadori's digital titles were
also made available on the iBookstore for the Apple iPad, iPhone and iPod touch. The
following year Mondadori Group and Kobo Inc., a leading company globally in digital reading,
signed an accord for the distribution in Italy of Kobo's eReading platform and related
devices.[16] In 2014 Mondadori bought the trademark and assets of aNobii, the global social
reading platform with more than a million users around the world, of which around 300,000
in Italy, with the aim of supporting the process of growth in digital for books.[17]

In 2012 Mondadori published Fifty Shades of Grey, the first volume of the erotic trilogy by
debut London author E L James, rapidly followed by the two other titles, Fifty Shades Darker
and Fifty Shades Freed. The trilogy saw in Italy the same kind of unprecedented success it
gained in the English-language world: with more than 3.3 million copies sold in Italy and
130,000 downloads of the electronic version, the three volumes reached first, third and fourth
position of the bestseller list for 2012.

In 2015–16, the acquisitions of RCS Libri[18] (was renamed to Rizzoli Libri) from RCS
MediaGroup as well as Banzai Media[19] mark the culmination of the strategy launched in
2013 of focusing on the traditional core businesses: books and magazines.

In 2016, the Italian Competition Authority ruled that Mondadori would have to divest the
publishers Bompiani and Marsilio Editori, following its acquisition of RCS Libri.[20][21]
Marsilio Editori was sold by Rizzoli Libri to De Michelis family's GEM S.r.l.[22] while
Bompiani was sold to Giunti Editore for €16.5 million.[23]

As part of the strategy of focusing on its core businesses, in 2018 the Group sold
Panorama[24] and in 2019 its subsidiary Mondadori France.[25]

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Mondadori war
Between 1989 and 1991, there was a financial conflict between Silvio Berlusconi and Carlo De
Benedetti, two of the largest employers of those years.

In 1988 Berlusconi bought Leonardo Mondadori's (nephew of Arnoldo Mondadori) shares.

Mondadori was then owned by three: Berlusconi's Fininvest, Carlo De Benedetti's CIR and the
Formenton family (Arnoldo Mondadori's heir). Carlo De Benedetti convinced the Formentons
to conclude an agreement that would allow him to obtain the Formenton's shares by 30
January 1991, but in November 1989 the Formenton family sided with Berlusconi, allowing
him to become the new Mondadori chairman on 25 January 1990; De Benedetti then
protested, citing its agreement. The three sides took the unanimous decision of an arbitrary
award to solve the conflict.

On 20 June 1990 was the first verdict: the agreement between De Benedetti and Formenton
was considered still valid; as a consequence, the Mondadori shares became owned by the CIR
(De Benedetti) and Berlusconi left the chairmanship of the company. Berlusconi and the
Formentons then appealed at the Appeal Court of Rome, which assigned the case to Civil
Section I. This section was chaired by Arnaldo Valente and the Judge-Rapporteur was Vittorio
Metta. The ruling was made public on 24 January 1991 and nullified the arbitrary award
verdict and gave the Mondadori shares back to Berlusconi's Fininvest.

In 1995, after receiving some proclamations, the judiciary started investigating the
authenticity of the ruling. It turned out that Berlusconi won thanks to the corruption of Judge
Vittorio Metta. Metta was sentenced to 11 years in prison in 2003, but won an appeal in 2005.
The Supreme Court of Cassation nullified that appeal in 2006, and Vittorio Metta was
sentenced to 1 year and 9 months in 2007. Berlusconi has not been sentenced. The trial
expired for time limit.

Business areas
Books
Magazines (Italy, France and worldwide licensing)
Retail: the company owns a chain of bookshops and the internet-based bookshop
mondadoristore.it.

Imprints
The group today includes several distinct publishing houses, a number of which have more
than one imprint:

Mondadori
Founded in 1907 by Arnoldo Mondadori in Ostiglia, but based in Milan since 1919,
Edizioni Mondadori became one of the best-known Italian book publishers, with early
collaborations with Disney and the Il Giallo Mondadori series of mystery/crime novels.
Giulio Einaudi editore
Founded in 1933 by Giulio Einaudi in Turin, it became one of the most significant Italian
publishing houses of the twentieth century. Its authors included Cesare Pavese, Elio
Vittorini, Italo Calvino, Leone Ginzburg and Bruno Zevi, and it was the publisher of
Antonio Gramsci’s Prison Notebooks. It was acquired by Mondadori in 1994.

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Edizioni EL
Based in Trieste and publishing children's books under the imprints EL, Einaudi Ragazzi
and Emme Edizione.[26] Giulio Einaudi editore has a 50% stake in the company.
Sperling & Kupfer
Acquired by Mondadori in the 1980s, this publishing house founded in 1899 is one of
the oldest publishing houses in Milan. Its traditional international focus, and
concentration on current affairs, has been supplemented in recent years by publications
in fiction, non-fiction, economics, manuals and popular science. Its imprints include
Frassinelli.
Edizioni Piemme
Particularly active in the area of books for children.
Mondadori Electa
A group based in Milan with three imprints: Electa, active in the art and history of art
sector since 1945; Mondadori, which publishes illustrated books in areas such as
nature, hobbies and history as well as tourist guides; and Mondadori Arte, intended to
present art, architecture, design and archeology to non-specialist audiences.[27]
Mondadori Education
Formerly Edumond Le Monnier, was acquired in 2008[28] and based in Milan, Bologna
and Florence.

Rizzoli Libri

Founded in 1927, Rizzoli is a large general publishing house which publishes works of
fiction and non-fiction, books for young adults, graphic novels, manuals and illustrated
books.

Rizzoli Education

Rizzoli Education is a leader in Italian school publishing, where it is present in every

order of instruction through publishing products (paper and digital), services and
technologies for students, families and teachers.

Magazines

Italy
Automobile Club until 2011 Doppiovù until 1978
Auto oggi until 2011 Economy until 2012
Bolero Film Epoca
Panoramauto.it Evo until 2011
CasaFacile Flair until 2016
Casabella Focus
Casaviva until 2013 Focus Brain Trainer until 2012
Chi Focus Junior
Ciak until 2014 Focus Pico
Confidenze Focus Storia
Cosmopolitan until 2011 Geo until 2015
Creare until 2007 Giallo Zafferano
Cucina Moderna Grazia
Cucina No Problem until 2018 Grazia Casa until 2015
Donna Moderna Guida Cucina until 2018

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Guida TV PC Professionale until 2014

Icon Prometeo
Icon Design Sale & Pepe
Il mio Papa Spy
Interni Starbene
Jack until 2012 Telepiù
Men's Health until 2013 Tempo
Nuovi Argomenti TuStyle
Panorama until 2018 TV Sorrisi e Canzoni
Panorama Travel until 2013 VilleGiardini until 2013

Greece

Mondadori owns 41.66% of Greece's Attica Publications S.A.. Athens DeeJay (Greece), Rock
FM (Greece)

Digital properties
AndroidWorld.it
SmartWorld.it
MobileWorld.it
AlterVista.org
PianetaDonna.it
GialloZafferano.it
Studenti.it
Mypersonaltrainer.it
SoldiOnline.it

Market shares and competitors 2018

Italian market share (trade books): 27.4% (source: GFK, December 2018) – competitors:
GeMS Group, Giunti Group, Feltrinelli Editore, Newton Compton, De Agostini Group.
Italian market share (Educational): 22.9% (source: ESAIE, 2018) – competitors: Zanichelli,
Pearson, De Agostini Group.
Italian market share (circulation): 30.7% (in terms of value; source: Press-di, December
2018) – competitors: Cairo Editore, RCS MediaGroup, Casa Editrice Universo, Hearst
Magazine, Condé Nast.

Financial performance
Table with a comparison of Mondadori financial performance over the last 10 years.[29]

The figures for 2018 are presented in accordance with IFRS 5, not including the figures for the
asset sold (Mondadori France).

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Revenues Gross Operating Profit – EBITDA Operating Profit – EBIT Net Profit
Year
(€/M) (€/M) (€/M) (€/M)

2018 891.1 77.5 51.2 20.3

2017 1,268.3 191.1 61.5 30.4

2016 1,262.9 94.0 60.0 22.5

2015 1,123.2 81.6 54.5 6.4

2014 1,169.5 71.5 48.2 0.6

2013 1,275.8 −12.8 −183.1 −185.4

2012 1,416.1 68.1 −149.9 −166.1

2011 1,507.2 130.4 103.8 49.6

2010 1,558.3 140.2 114.2 42.1

2009 1,540.1 106.2 71.8 34.3

See also
List of Italian companies

References
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2. Eric Lyman (5 March 2014). "Italian publisher unveils magazine dedicated to Pope
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12. Antonio Ciaglia; Marco Mazzoni (2014). "The politicization of entertainment media: A
study of the Italian tabloid Chi during the 2013 electoral campaign". Journalism. 16 (6):
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9).
13. "Random House Mondadori se denominará PENGUIN RANDOM HOUSE GRUPO
EDITORIAL" (https://web.archive.org/web/20140324070046/http://www.ferialibromadrid.co
m/ficha_avanzada.cfm?id=1175). Feria del Libro de Madrid. 2013. Archived from the
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14. The Guardian https://web.archive.org/web/20180728190955/https://www.theguardian.com
/media/2006/jun/20/emap.citynews (https://web.archive.org/web/20180728190955/https://
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/https://www.publishersweekly.com/pw/by-topic/industry-news/publisher-news/article/6139
0-mondadori-buys-social-reading-platform.html). Publishers Weekly. 11 March 2014.
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2018. Retrieved 2 August 2019.
18. Stephen Jewkes, Valentina Za (5 October 2015). "Italy's RCS sells book unit to
Berlusconi-controlled Mondadori" (https://www.reuters.com/article/rcs-ma-mondadori/upda
te-1-italys-rcs-sells-book-unit-to-berlusconi-controlled-mondadori-idUSL8N12515K201510
05). Reuters. Retrieved 2 August 2019.
19. "Arnoldo Mondadori Editore signs agreement to buy Banzai vertical content division" (http
s://www.reuters.com/article/idUSFWN18709M). Reuters. 10 May 2016. Retrieved
2 August 2019.
20. Scherer, Steve (24 March 2016). "Italy Antitrust gives conditional go-ahead to Mondadori-
RCS Libri merger" (https://www.reuters.com/article/us-rcs-m-a-mondadori-idUSKCN0WP2
IQ). Rome. Reuters. Retrieved 2 August 2019.
21. "Mondadori-Rizzoli, ecco le condizioni dell'Antitrust" (https://www.wired.it/attualita/media/2
016/03/24/antitrust-misure-mondadori-rizzoli/). Wired Italia. 24 March 2016. Retrieved
2 August 2019.
22. "Mondadori unit finalizes sale of 94.7 pct stake in Marsilio Editori" (https://www.reuters.co
m/article/idUSFWN1AC129). Reuters. 26 July 2016. Retrieved 2 August 2019.
23. "Mondadori unit Rizzoli Libri sells Bompiani business unit to Giunti Editore" (https://www.re
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2019.
24. Giulia Segreti, Claudia Cristoferi (26 September 2018). "Italy's Mondadori sells magazine
Panorama to daily La Verita" (https://www.reuters.com/article/mondadori-ma/italys-monda
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25. "REWORLD MEDIA annonce l'acquisition définitive de MONDADORI FRANCE" (http://ww

w.reworldmedia.com/reworld-media-annonce-lacquisition-definitive-de-mondadori-france/).
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27. "Electa – Our company" (https://www.electa.it/en/casa-editrice-ing/). Electa editore.
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IT0001469383&lang=en).

External links
Official website (http://www.mondadori.com/)

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