RCS MediaGroup - Wikipedia https://en.wikipedia.

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RCS MediaGroup
RCS MediaGroup S.p.A., (formerly Rizzoli-
RCS MediaGroup
Corriere della Sera) based in Milan and listed
on the Italian Stock Exchange, is an Native name RCS MediaGroup S.p.A.
international multimedia publishing group Type Listed
that operates in daily newspapers, magazines
Traded as BIT: RCS (http://www.borsaitalia
and books, radio broadcasting, new media and
na.it/borsa/azioni/scheda/IT0003
digital and satellite TV. It is also one of the
039010.html?lang=en)
leading operators in the advertisement sales &
distribution markets. ISIN IT0003039010
Industry Media
Predecessor A. Rizzoli & C. 
Contents Founded 1927 as A. Rizzoli & C..
History 1952 as Rizzoli Editore
1986 as RCS Editori
Timeline
2002 as RCS MediaGroup
Operations
Founder Angelo Rizzoli
Sectors
Quotidiani (Newspapers) Sector Headquarters Via Angelo Rizzoli, 8, Milan, Italy
Periodici (Magazines) Sector Key people Urbano Cairo (Chairman and
Pubblicità (Advertising) Sector CEO)
Other Products Magazines
Former sectors Newspapers
RCS Libri Radio
Television
Ownership Advertising
References New Media
External links Net income €85 million (2018)
Total assets €1368 billion (2015)

History Total equity €254.0 million (2018)

Owner Cairo Communication (59.693%)
Founded in 1927 by entrepreneur Angelo Mediobanca (9.930%)
Rizzoli as A. Rizzoli & C., it started in the Diego Della Valle (7.325%)
press industry by buying out four national
others
magazines, and later entering the publishing
industry. Restructured and taken over a Parent Cairo Communication
number of times, particularly in the 1980s Website rcsmediagroup.it (http://www.rcs
when two of its executives became involved in mediagroup.it)
the collapse of Banco Ambrosiano and the
Footnotes / references
illegal Masonic Lodge Propaganda Due – or
in a consolidated basis[1]
P2. Following the 1982 death of Roberto Calvi,
the group applied for bankruptcy protection
and greatly downsized.[2]

In 2016, Cairo Communication acquired the controlling stake of RCS MediaGroup. In the

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same year, Italian Competition Authority approved the sales of RCS Libri (a.k.a. Rizzoli Libri)
from RCS MediaGroup to Arnoldo Mondadori Editore.[3]

Timeline

The timeline of the company:[4]

1927 – Angelo Rizzoli launches publishing activities at his printing company “A. Rizzoli &
C.”[5]
1952 – company was renamed “Rizzoli Editore”
1974 – company purchased “Editoriale Corriere della Sera S.a.s.”, which publishes the
daily newspaper Il Corriere della Sera
1976 – company took over management of La Gazzetta dello Sport
1984 – Gemina acquired controlling holding of Rizzoli
1990 – acquisition of holding in Spanish company Unidad Editorial S.A., the present day
holding of which is 96.1%
1997 – Rizzoli-Corriere della Sera was separated from Gemina’s other industrial
activities, which were transferred to the new holding company HdP
2000 – acquisition of French publishing house Editions Flammarion[6]
2001 – creation of Fondazione Corriere della Sera
2002 – acquisition of holding in Dada S.p.A., which at present stands at 46.54%
2003 – company was renamed RCS MediaGroup
2006 – acquisition of first holding in Digicast, which is now a wholly owned subsidiary
2007 – acquisition, through Unidad Editorial, of Spanish publishing group Recoletos
Grupo de Comunicaciòn
2007 – acquisition of 34.6% of Finelco Group
2008 – acquisition, through Unidad Editorial, of 100% of VEO Television (already held at
55,4%)
2012 – divestiture of Flammarion to Éditions Gallimard
2013 – In June 2013, the media group accepted an undisclosed offer from PRS S.r.l. to
buy 14 magazines it had put up for sale as part of its restructuring plan.[7] In July sold
Dada S.p.A.[8]
2014 – In September 2014, RCS MediaGroup in association with Playtech [9] launched an
online sport betting portal under the brand GazzaBet.[10]
2015 – Sold RCS Libri

Operations
RCS MediaGroup's sectors include newspapers, magazines and books, radio broadcasting, the
internet and digital and satellite TV; it also has a division which handles advertising sales &
distribution markets across all media divisions. In Italy, the group manages large daily
newspapers such as Corriere della Sera, publish popular magazines including Il Mondo; and a
diverse range of school, university, and business publications.[2]

In Spain, through Unedisa it publishes leading daily newspaper El Mundo.[2] It also has
representation in Portugal, the United States and China. Already distributing the Italian
version, in March 2008, RCS reached agreement with Global Media Publishing to launch a
Russian version of its Sport Week magazine and develop a Russian language website

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sportweek.ru, which will be supplemented with mobile phone services.[11]

The financial investment division holds interest in the capital of major Italian companies,
including Banca Intesa, the internet company Dada, and Pirelli (which holds a complementary
cross-holding).[2]

The company employs 5,558 employees.

Sectors

Quotidiani (Newspapers) Sector

Quotidiani Sector is the publisher of the group's daily newspapers in Italy and in Spain.[12]
The company holds a leadership position in the national daily press in Italy, where it has a
19% market share, and in Spain, with an 18% market share.[13]

Companies[13]

RCS Sport, a company that organizes the most important cycling events in Italy, including
the Giro d'Italia and some of the most prestigious Classics, such as the Milan–San Remo,
the Giro di Lombardia and the Tirreno–Adriatico, together with other events linked to
summer and winter sports. RCS Sport organises the Milan Marathon and manages the
sponsorship rights for the Italy National Football Team. Since 2008, it has also been a
partner of the Italy national rugby league team, and has entered the motorsport industry
with the indoor supercross format, Superiders.[14]
Unidad Editorial (96.48%, also present in the periodical sector), the leader in the daily
press and in the on-line information sector through El Mundo, Expansión and Marca.

Newspapers[15]

Corriere della Sera

Corriere dell'Alto Adige (local editions)[16][17]
Corriere di Bergamo
Corriere di Bologna
Corriere di Brescia
Corriere Fiorentino
Corriere Milan
Corriere Rome
Corriere del Mezzogiorno
Corriere del Veneto
Corriere del Trentino
Corriere Turin
City
La Gazzetta dello Sport
El Mundo (in Spain through Unidad Editorial)
Marca (in Spain through Unidad Editorial)
Expansión (in Spain through Unidad Editorial)

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Periodici (Magazines) Sector

Periodici Sector publishes the group's magazines. In Italy the company has a market share of
about 18%, with a portfolio of more than 30 publications.[18]

Companies[18]

Sfera Editore
Pubblibaby
RCS Multimedia, a new integrated multimedia system that was launched in late 2008.
Digicast, a publisher of digital channels, distributed in Italy through SKY Italia.

Magazines[19]

Abitare OGGI Cucino

Amica Sette
Anna Sport Week
Dolce Attesa Style
Dove Style Piccoli
Io Donna Actualidad Economica
Io e il mio bambino Fuera De Serie
Insieme Metropoli
Imagine Telva
Italian Style Yo Dona
Living
OGGI

Pubblicità (Advertising) Sector

Pubblicità Sector is the agency for the acquisition of advertising customers for the group's
publications. It is the leading company in Italy for the acquisition of advertising for print
media, for which it has a market share of 19%.[20]

Companies[20]

Blei, a media centre for the international market.

Unidad Editorial Publicidad
Novomedia

Other
m-dis (45%)
Agenzia Giornalistica RCS, a news agency, which provides news and editorial content on
radio, television and regional Italian web sites.

Former sectors

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Finelco
RaiSat (5%)

RCS Libri

RCS Libri runs the group's activities in the book publishing sector. Its structure comprises
four divisions: RCS Libri Italia, RCS Education, RCS Partworks, and Rizzoli USA.[21] The
whole division was sold to Arnoldo Mondadori Editore, with some imprints were sold to other
investors.[22][23][24] After the transaction, RCS Libri was renamed to Rizzoli Libri.[25] It
owned the rights to use the brand Rizzoli in book publishing only.[22] The partworks division
was sold in 2011.[26]

Publishing houses[27]

Adelphi Edizioni (sold to Roberto Marsilio Editori[28] (sold to Mondadori; re-sold

Calasso)[22] to De Michelis family)
Archinto (sold to Rosellina Archinto) Biblioteca Universale Rizzoli (BUR; sold to
Bompiani (sold to Mondadori; re-sold Mondadori)
to Giunti Editore) Skira (sold)
Etas (sold to Mondadori) Rizzoli International Publications (sold to
Fabbri Editori (sold to Mondadori) Mondadori)

Sonzogno Rizzoli Bookstore

Rizzoli Lizard (sold to Mondadori) Universe
Rizzoli-Longanesi (50%, in joint venture with
Mauri Spagnol Group)

Ownership
On 26 January 2005 shareholders which control 63.527% of ordinary share capital came to a
shareholders' agreement freezing, the participants from selling or trading their holdings. On
14 March 2008 the pact agreed to extend their agreement for another three years until
2011.[29] Italmobiliare, a company in the pact, acquired 2.332% stake of RCS from their
subsidiary Italcementi in 2010, making the stake held by Italmobiliare increased to
7.465%.[30] Italmobiliare did not excised all of their rights in the capital increase, making the
company owned just 3.0042% of the share capital and 3.7469% ordinary shares of RCS.[31]

In 2016 Urbano Cairo, via Cairo Communication, successfully completed a hostile takeover of
RCS MediaGroup. However, Mediobanca, Unipol, Pirelli, Diego Della Valle and a private
equity fund International Acquisitions Holding[32] formed a new shareholders pact that
opposed to Cairo;[33] their offer to the public was lost to the offer from Cairo.

Earlier that year, Fiat Chrysler Automobiles (FCA), a company of the 2008 pact, distributed
the shares of RCS the company owns (16.7% of the share capital), to the shareholders of
FCA,[34] making the shareholders of FCA freely decided to sell the shares of RCS to either
factions or kept the shares as their own investments; Exor, the major shareholder of FCA, sold
the stake of RCS immediately.[35]

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Major shareholders of RCS MediaGroup with >2% stake

As of 26 September 2016[36]

consortium of Cairo Communication and U.T. Communications (Urbano Cairo) 59.831%

Mediobanca 9.930%
consortium of Diego Della Valle & C. S.r.l. and DI. VI. Finanziaria di Diego Della Valle & C.
S.r.l. (Diego Della Valle) 7.325%
consortium of UnipolSai and Unipol (Finsoe) 4.601%
Pirelli (State-owned Assets Supervision and Administration Commission of the State
Council of China) 4.443%

References
1. "2015 Bilancio" (http://www.rcsmediagroup.it/wp-content/uploads/doc/2016-09/Bilancio_20
15_web.pdf) [2015 Annual Report] (PDF) (in Italian). RCS MediaGroup. 30 June 2016.
Retrieved 28 September 2016.
2. "RCS MediaGroup" (http://uk.finance.yahoo.com/q/pr?s=RCS.MI). Yahoo Finance.
Retrieved 2008-05-26.
3. 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 April 2019.
4. "Our History" (https://web.archive.org/web/20110718055130/http://www.rcsmediagroup.it/
wps/portal/mg/aboutus/history?language=en). RCS MediaGroup. Archived from the
original (http://www.rcsmediagroup.it/wps/portal/mg/aboutus/history?language=en) on 18
July 2011. Retrieved 26 May 2008.
5. 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. Farmington Hills, Michigan: St. James Press (Gale Cengage group). 193:
329–333. ISBN 978-1-55862-992-9.
6. Ball, Deborah; Kamm, Thomas (19 October 2000). "RCS Editori to Launch Offer to
Acquire France's Flammarion for $130.3 Million" (https://www.wsj.com/articles/SB9719021
93150438425). The Wall Street Journal. Retrieved 3 April 2019.
7. Jennifer Clark (19 June 2013). "RCS Mediagroup accepts offer from PRS for magazines"
(https://www.reuters.com/article/2013/06/19/us-rcs-magazines-idUSBRE95I1GY2013061
9). Reuters.
8. Jennifer Clark (11 July 2013). "Italy's RCS MediaGroup sells Internet company Dada to
Orascom" (http://uk.reuters.com/article/uk-dada-sale-idUKBRE96A0V520130711).
Reuters.
9. Playtech (10 September 2014). "RCS Launches GazzaBet" (http://www.playtech.com/new
s/latest_news_and_prs/rcs_launches_gazzabet).
10. "GazzaBet Official Site" (http://gazzabet.it/). September 2014.
11. "RCS in Russian deal with Global Media Publishing" (https://www.forbes.com/markets/fee
ds/afx/2008/03/10/afx4752536.html). Forbes/AFX News. 10 March 2008. Retrieved
26 May 2008.
12. "Quarterly Report" (http://www.rcsmediagroup.it/en/wp-content/uploads/sites/2/Quarterly+
Report+at+September+30+2003.pdf) (PDF). RCS MediaGroup. 30 September 2003.
Retrieved 14 April 2015.

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13. RCS Quotidiani (http://www.rcsmediagroup.it/wps/portal/mg/aboutus/companies/rcsquotidi

ani?language=en) RCSMediaGroup.it
14. RCS Sport (http://www.rcsmediagroup.it/wps/portal/mg/business/otheractivities/sport?lang
uage=en) RCSMediaGroup.it
15. Newspapers (http://www.rcsmediagroup.it/pagine/brands/#i-quotidiani) RCSMediaGroup.it
16. "Corriere della Sera Testate Locali" (http://www.rcsmediagroup.it/brand/le-testate-locali/).
RCSMediaGroup.it. Retrieved 11 February 2019.
17. "Edizioni Locali – Corriere.it" (https://www.corriere.it/edizioni-locali/). Corriere della Sera.
Retrieved 11 February 2019.
18. "RCS Periodici" (https://web.archive.org/web/20110718054104/http://www.rcsmediagroup.
it/wps/portal/mg/aboutus/companies/rcsperiodici?language=en). RCS MediaGroup.
Archived from the original (http://www.rcsmediagroup.it/wps/portal/mg/aboutus/companies/
rcsperiodici?language=en) on 2011-07-18.
19. Magazines (http://www.rcsmediagroup.it/wps/portal/mg/business/magazines?language=e
n) RCSMediaGroup.it
20. RCS Pubblicità (http://www.rcsmediagroup.it/wps/portal/mg/aboutus/companies/rcspubblic
ita?language=en) RCSMediaGroup.it
21. RCS Libri (http://www.rcsmediagroup.it/wps/portal/mg/aboutus/companies/rcslibri?languag
e=en)RCSMediaGroup.it Archived (https://web.archive.org/web/20110718054921/http://w
ww.rcsmediagroup.it/wps/portal/mg/aboutus/companies/rcslibri?language=en) 2011-07-18
at the Wayback Machine
22. "RCS MediaGroup Board of Directors -Contract for the RCS Libri disposal signed" (http://
www.rcsmediagroup.it/en/press-release/rcs-mediagroup-board-of-directors-contract-for-th
e-rcs-libri-disposal-signed/) (Press release). Milan: RCS MediaGroup. 4 October 2015.
Retrieved 2 April 2019.
23. "Mondadori: agreement to acquire RCS Libri" (http://www.mondadori.com/media-room/ne
ws-and-press-releases/year-2015/mondadori-agreement-to-acquire-rcs-libri) (Press
release). Arnoldo Mondadori Editore. 4 October 2015. Retrieved 2 April 2019.
24. "Mondadori: closing of RCS Libri acquisition" (http://www.mondadori.com/media-room/new
s-and-press-releases/year-2016/mondadori-closing-of-rcs-libri-acquisition) (Press
release). Arnoldo Mondadori Editore. 14 April 2016. Retrieved 2 April 2019.
25. "Birth today of Rizzoli Libri S.p.A" (http://www.mondadori.com/media-room/news-and-pres
s-releases/year-2016/birth-today-of-rizzoli-libri-s-p-a) (Press release). Arnoldo Mondadori
Editore. 14 April 2016. Retrieved 2 April 2019.
26. "Global Publishing Leaders 2012: RCS Libri (RCS MediaGroup)" (https://www.publishersw
eekly.com/pw/by-topic/industry-news/financial-reporting/article/52728-global-publishing-lea
ders-2012-rcs-libri-rcs-mediagroup.html). Publishers Weekly. 25 June 2012. Retrieved
3 April 2019.
27. "RCS Books" (https://web.archive.org/web/20110718054959/http://www.rcsmediagroup.it/
wps/portal/mg/business/books?language=en). RCS MediaGroup. Archived from the
original (http://www.rcsmediagroup.it/wps/portal/mg/business/books?language=en) on
2011-07-18. Retrieved 2009-11-01.
28. "Disposal of RCS Libri completed" (http://www.rcsmediagroup.it/en/press-release/disposal
-of-rcs-libri-completed/) (Press release). RCS MediaGroup. 14 April 2016. Retrieved
2 April 2019.
29. "Consultation and Lock-up Shareholders' Agreement" (http://www.rcsmediagroup.it/en/wp-
content/uploads/sites/2/PR_Shareholders+Agreement+RCS+MediaGroup_14.03.08.pdf)
(PDF). RCS MediaGroup. 14 March 2008. Retrieved 28 September 2016.

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30. "Italmobiliare acquires from Italcementi 1.405% of Mediobanca and 2.332% of RCS
Mediagroup" (http://www.italmobiliare.it/en/italmobiliare-acquires-italcementi-1405-mediob
anca-and-2332-rcs-mediagroup). Italmobiliare. 22 December 2010. Retrieved
29 September 2016.
31. "Share Capital Increase of RCS MediaGroup S.P.A." (http://www.italmobiliare.it/en/share-c
apital-increase-rcs-mediagroup-spa) Italmobiliare. 7 February 2013. Retrieved
29 September 2016.
32. "Provvedimento N°26095 (C12050): International Acquisitions Holding / RCS
MediaGroup" (http://www.agcm.it/concorrenza--delibere/concorrenza-provvedimenti/downl
oad/41256297003874BD/BC3703DF32D457E2C1257FF4003D0347.html?a=p26095.pdf)
(PDF) (in Italian). Autorità Garante della Concorrenza e del Mercato. 6 July 2016.
Retrieved 28 September 2016.
33. "DIEGO DELLA VALLE – MEDIOBANCA – PIRELLI – UNIPOL" (http://www.pirelli.com/cor
porate/en/press/2016/09/01/diego-della-valle-mediobanca-pirelli-unipol/). Pirelli. 1
September 2016. Retrieved 28 September 2016.
34. "Distribution of ordinary shares of RCS MediaGroup S.p.A." (https://www.fcagroup.com/en
-US/investor_relations/stock_shareholder_corner/shareholder_meetings/FiatDocuments/2
016/Updated_Information_Statement_for_RCS_Spin_Off_(19_April_2016).pdf) (PDF).
Fiat Chrysler Automobiles. 19 April 2016. Retrieved 28 September 2016.
35. "EXOR closed the sale of its participation in RCS Mediagroup" (http://www.exor.com/dms/
05_Media/01_Comunicati_Stampa/2016/69_CS_09062016/Vendita-partecipazione-in-RC
S_en/Vendita%20partecipazione%20in%20RCS_en.pdf) (PDF). Exor. 9 June 2016.
Retrieved 29 September 2016.
36. CONSOB data accessed on 26 September 2016

External links
Official website (http://www.rcsmediagroup.it)
RCS MediaGroup profile (http://investing.businessweek.com/research/stocks/snapshot/sn
apshot.asp?capId=882455) at Business Week

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