The company's headquarters will be located in Hamburg, Germany with iSyndicate's existing London office serving as the first affiliate office. Bertelsmann has the right to appoint the CEO of iSyndicate Europe. Bertelsmann's entry into the syndication business will be assumed by the new Bertelsmann Content Network Division under the direction of Rolf Schmidt-Holtz. The joint venture is an important step toward strengthening our position in the content sector. We want to ensure that Bertelsmann's diverse content is available wherever the customer wishes and expects to find it.
Syndication represents a huge opportunity, because the market is growing extremely fast.
In iSyndicate, we have found the ideal partner to establish the syndication business throughout the whole of Europe. The Write News TM Weekly, a weekly summary of the week's top writing and publishing news stories published in The Write News TM that week. Click here to subscribe. Inc. All Rights Reserved.