BWI: Grand Opening of G+J Corporate Office in New Delhi

Press release from Business Wire India
Source: Gruner + Jahr
Thursday, July 26, 2012 10:48 AM IST (05:18 AM GMT)
Editors: General: Consumer interest, People; Business: Advertising, PR & marketing, Business services, Information technology, Publishing & printing; Technology
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Grand Opening of G+J Corporate Office in New Delhi


New Delhi, Delhi, India, Thursday, July 26, 2012 -- (Business Wire India) -- Gruner + Jahr, the publishing division of European media conglomerate Bertelsmann AG, is pleased to announce the opening of their new corporate office in New Delhi, India, with a grand celebration in honor of this important event. The G+J India office is located in Ishwar Nagar, in the posh south Delhi locality. The office will cater the needs of recently acquired companies, MaXposure Media Group and Networkplay.

Gruner+Jahr's plans to establish a strong presence in India started in 2008 by the launch of Geo magazine through a license contract. Since then Gruner+Jahr has taken strategic decisions to realize the long term goal of building a strong portfolio of print and digital media activities through the acquisition of majority stakes in digital ad network Networkplay and magazine publisher Maxposure.

"The opening of Gruner+Jahr's new office is an important step in streamlining our operations and building a strong platform in India" says Dr. Torsten-Jörn Klein, Executive Board Member and President of Gruner + Jahr International. Looking at attractive market growth rates and having gathered the two fast growing companies of their respective industry, emphasizes G+J's & Bertelsmann long term commitment to India and strong belief in the growth of the media industry, he adds.

The new office will provide employees of both Maxposure and Networkplay the opportunities of closer interaction and support on personnel and business level and motivate them to jointly achieve greater heights in their respective industry.

About Gruner + Jahr

Gruner + Jahr is the publishing division of Bertelsmann AG, Europe's largest media conglomerate. With over 300 magazines and 150 websites in more than 30 countries, Gruner + Jahr is a market leader in many segments and is not only Europe's biggest magazine publisher but one of the biggest publishers in the world. In fiscal year 2011, Gruner + Jahr generated revenues of Euro 2.3 billion and employed around 11,800 people worldwide. 74.9 percent of Gruner + Jahr is owned by Bertelsmann AG, 25.1 percent by the Hamburg publishing family Jahr.

( www.guj.de , www.bertelsmann.com )

About Networkplay

Networkplay is India's fastest growth digital advertising network and only full play multi screen brand ad-network. It caters to brand solutions through engagement on web, mobile and DTH platforms. Networkplay has a strong presence in both brand and performance advertising along with dmg:events. Networkplay produces ad:tech & iMedia summits in India.

( www.networkplay.in)

About Maxposure Media Group (I) Pvt. Ltd.

Maxposure Media Group is a full service media company spread across the dimensions of publishing, creative solutions, events, custom publishing, Ambient Media, International Representation and outsourcing. Maxposure is a category leader in any segment it publishes in. It is the second largest custom publishing & largest in-flight magazine publishing in India. Maxposure Media Group is a subsidiary of Gruner +Jahr. Gruner +Jahr owns 78.25 percent and 21.75 percent is owned by Mr. Prakash Johari.

( www.maxposure.in)

To view the photograph, please click on the link given below:
From L to R - Rammohan Sundaram (CEO, Networkplay), Kuldip Singh (CEO, G+J India; CFO, Maxposure Media Group & Networkplay), Torsten Jorn Klein (President, G+J International), Prakash Johari (MD & CEO, Maxposure Media Group) & Jürgen Frank (Representative of The Federal Republic of Germany)
For picture(s)/data to illustrate this release click below:

http://www.BusinessWireIndia.com/attachments/G_+_J.JPG
G_+_J.JPG


CONTACT DETAILS
Mohit Gandhi, +91 9871760202, mohit@maxposure.in

KEYWORDS
CONSUMER, PEOPLE, MARKETING, BUSINESS SERVICES, IT, PUBLISHING, TECHNOLOGY

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