Rizzoli Libri##Rizzoli International

===Predecessors===

File:BUR - Biblioteca Universale Rizzoli.png

RCS Libri S.p.A. was a subsidiary and the book publishing division of RCS MediaGroup (RCS stands for Rizzoli–Corriere della Sera); {{linktext|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. A. Rizzoli & C. soon started to publish books, such as involved in the printing of Treccani Encyclopedia from 1929.{{cite web|url=http://www.treccani.it/enciclopedia/enciclopedia-italiana_%28Enciclopedia-Italiana%29/|title=Enciclopedia Italiana|date=1992|first1=Vincenzo|last1=Cappelletti|first2=Gabriella|last2=Nisticò|access-date=4 April 2019}} The group founded the imprint {{ill|Biblioteca Universale Rizzoli|it}} (BUR) in 1949. 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. The group was expanded into RCS MediaGroup after the acquisition of the newspaper Corriere della Sera in 1974.{{cite journal|title=RCS MediaGroup S.p.A.|journal=International Directory of Company Histories|publisher=St. James Press (Gale Cengage group)|location=Farmington Hills, Michigan|editor-first=Drew D.|editor-last=Johnson|date=2018|isbn=978-1-55862-992-9|pages=329–333|first1=M. L.|last1=Cohen|first2=Victoria|last2=Brinson|volume=193|orig-year=first edition of the article appeared in vol. 96}}{{cite web|url=http://www.treccani.it/enciclopedia/corriere-della-sera/|title=Corriere della Sera|work=Enciclopedia Treccani online|language=it|access-date=4 April 2019}}

In 1990, the group acquired Fabbri–Sonzogno–Etas, another publishing group. In 1993 RCS Media Group acquired the full control of Fabbri–Sonzogno–Etas. Fabbri, {{ill|Sonzogno Editori |it|Sonzogno (editore)|lt=Sonzogno}}, and Etas became the imprints of the group in publication.

In 1992, RCS Media Group acquired Sansoni Editore,{{cite web|url=https://www.salonelibro.it/it/superfestival/177-salone/italia-dei-libri/10977-rizzoli.html|archive-url=https://web.archive.org/web/20190404170821/https://www.salonelibro.it/it/superfestival/177-salone/italia-dei-libri/10977-rizzoli.html|url-status=dead|archive-date=4 April 2019|title=Rizzoli |date=9 May 2011|access-date=4 April 2019|publisher=Turin International Book Fair|language=it}} which gave birth of the two brands Sansoni and Sansoni per la Scuola. In 1993, RCS MediaGroup acquired Bompiani.

The division RCS Libri & Grandi Opere was established in 1994, which included the imprints such as Fabbri. In 1998, RCS Libri acquired the textbook publisher Tramontana,{{cite news|url=https://ricerca.repubblica.it/repubblica/archivio/repubblica/1998/04/09/benzina-sconti-di-pasqua-polemica.html?ref=search|title= Benzina sconti di Pasqua è polemica |date=9 April 1998|access-date=4 April 2019|work=La Repubblica|language=it|issn=2499-0817|publisher= GEDI Gruppo Editoriale|location=Rome}} merging with the group's existing textbook publishing business. In 2000, the group acquired Sfera Editore (a magazine publisher), {{ill|Marsilio Editori|it}} (from De Michelis family{{cite news|url=https://ricerca.repubblica.it/repubblica/archivio/repubblica/2000/06/20/la-rizzoli-compra-la-marsilio.html|title= La Rizzoli compra la Marsilio |date=20 June 2000|access-date=4 April 2019|work=La Repubblica|language=it|issn=2499-0817|publisher= GEDI Gruppo Editoriale|location=Rome}}) as well as French publisher Editions Flammarion.{{cite news|url=https://www.wsj.com/articles/SB971902193150438425|title=RCS Editori to Launch Offer to Acquire France's Flammarion for $130.3 Million|date=19 October 2000|access-date=3 April 2019|newspaper=The Wall Street Journal|first1=Deborah|last1=Ball|first2=Thomas|last2=Kamm|url-access=limited}} RCS MediaGroup became the largest book publisher in Italy after the deals. However, a decade later, RCS Libri sold Flammarion in 2012 for €251 million.{{cite press release|url=http://www.rcsmediagroup.it/en/wp-content/uploads/sites/2/Press+Release+Flammarion_v2_26.06.2012.pdf|title=Offer received from Gallimard for Flammarion|date=26 June 2012|access-date=3 April 2019|publisher=RCS MediaGroup}}{{cite news|url=https://www.france24.com/fr/20120627-gallimard-rachat-flammarion-rcs-edition-litterature-acquisition-livre|title=Gallimard s'offre Flammarion et devient le troisième éditeur français|date=27 June 2012|access-date=3 April 2019|work=France 24|language=fr}}

In 2007, Italian Competition Authority started an investigation on 9 publishing companies, including RCS Libri, for an alleged anti-competitive conduct in textbook market.{{cite press release|url=http://en.agcm.it/en/media/press-releases/2008/5/alias-1636|title=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.|date=3 May 2008|access-date=4 April 2019|publisher=Italian Competition Authority}}

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, {{ill|Archinto Editore|it|Rosellina Archinto Editore|lt=Archinto}}, Marsilio, Skira, and Sonzogno.{{cite press release|url=http://www.rcsmediagroup.it/en/press-release/agreement-between-telecom-italia-and-the-rcs-group-for-editorial-digital-content/|title=Agreement between Telecom Italia and the RCS Group for editorial digital content|date=9 December 2013|access-date=3 April 2019|publisher=RCS MediaGroup}} 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.{{cite report|url=http://www.rcsmediagroup.it/en/wp-content/uploads/sites/2/doc/2015-07/Annual-Report-at-December-31-2013.pdf|title=Annual Report at December 31, 2013|publisher=RCS MediaGroup|date=2014|access-date=3 April 2019}} Immediately after the transaction, RCS Libri, via Rizzoli International, still owned 49% stake of Skira Rizzoli Publications Inc., which was based in New York.{{rp|148, 326}} Before the sales of Skira group, the imprint Skira Rizzoli was considered within the scope of consolidation.{{rp|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),{{cite news|url=https://www.publishersweekly.com/pw/by-topic/industry-news/financial-reporting/article/52728-global-publishing-leaders-2012-rcs-libri-rcs-mediagroup.html|title=Global Publishing Leaders 2012: RCS Libri (RCS MediaGroup)|date=25 June 2012|access-date=3 April 2019|work=Publishers Weekly}} or €298.6 million if excluding Flammarion. It was decreased to €273.3 million in 2012{{cite news|url=https://www.publishersweekly.com/pw/by-topic/industry-news/financial-reporting/article/58334-global-publishing-leaders-2013-rcs-libri.html|title=Global Publishing Leaders 2013: RCS Libri|date=19 July 2013|access-date=3 April 2019|work=Publishers Weekly}}{{cite report|url=http://www.rcsmediagroup.it/en/wp-content/uploads/sites/2/annual+report+at+december+31+2012.pdf|title=Annual Report at December 31, 2012|date=2013|access-date=3 April 2019|publisher=RCS MediaGroup}}{{rp|22}} and then €252 million in 2013{{cite news|url=https://www.publishersweekly.com/pw/by-topic/industry-news/publisher-news/article/63097-global-publishing-leaders-2014-rcs-libri.html|title=Global Publishing Leaders 2014: RCS Libri|date=27 June 2014|access-date=3 April 2019|work=Publishers Weekly}}{{rp|78}} and €223 million in 2014.{{cite news|url=https://www.publishersweekly.com/pw/by-topic/industry-news/publisher-news/article/67282-global-publishing-leaders-2015-rcs-libri.html|title= Global Publishing Leaders 2015: RCS Libri |date=26 June 2015|access-date=4 April 2019|work=Publishers Weekly}}{{rp|33}} Moreover, the whole group was suffered from aggregate net losses in the 2010s, for example in financial years 2012,{{cite news|url=https://www.reuters.com/article/us-rcs-mediagroup-idUSBRE93D0D120130414|title=Italy's RCS Mediagroup presses ahead with restructuring plan|date=15 April 2013|access-date=3 April 2019|work=Reuters}} 2013 and 2014.{{cite news|url=https://www.reuters.com/article/rcsmediagroup-results/rcs-mediagroup-net-loss-narrows-last-year-sees-operating-profit-in-2015-idUSI6N0VX02A20150311|title=RCS MediaGroup net loss narrows last year, sees operating profit in 2015|date=11 March 2015|access-date=3 April 2019|work=Reuters}} The net loss was €218 million in 2013 and €110.8 million in 2014.{{rp|18}}

The market share of RCS Libri in fiction and non-fiction was 11.8% in 2014, according to Publishers Weekly, itself was quoting the figure from GfK.{{cite report|url=http://www.rcsmediagroup.it/en/wp-content/uploads/sites/2/doc/2015-04/Annual-Report-2014.pdf|title=Annual Report at December 31, 2014|date=2015|access-date=4 April 2019|publisher=RCS MediaGroup}}{{rp|63}}

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.{{cite news|url=https://www.reuters.com/article/rcs-mediagroupm-ma-mondadori/update-2-mondadori-in-talks-to-buy-rcs-book-business-idUSL5N0VS2VH20150218|title=UPDATE 2-Mondadori in talks to buy RCS book business|date=18 February 2015|access-date=3 April 2019|work=Reuters}} It was reported that Rosellina Archinto, founder of the namesake imprint, re-acquired Archinto in July 2015.{{cite news|url=http://www.primaonline.it/2015/07/08/208195/|title=Rosellina Archinto ricompra la sua casa editrice da Rcs Libri|date=8 July 2015|access-date=3 April 2019|work=Prima online|publisher=Prima Comunicazione|language=it}} 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.{{cite press release|url=http://www.rcsmediagroup.it/en/press-release/rcs-mediagroup-board-of-directors-contract-for-the-rcs-libri-disposal-signed/|title=RCS MediaGroup Board of Directors -Contract for the RCS Libri disposal signed|date=4 October 2015|access-date=2 April 2019|publisher=RCS MediaGroup|location=Milan}}{{cite press release|url=http://www.mondadori.com/media-room/news-and-press-releases/year-2015/mondadori-agreement-to-acquire-rcs-libri|title=Mondadori: agreement to acquire RCS Libri|date=4 October 2015|access-date=2 April 2019|publisher=Arnoldo Mondadori Editore}} For example, the controlling stake (58%) of Adelphi was sold to Roberto Calasso, who worked at Adelphi for many years.{{cite web|last1=Koski|first1=Lorna|title=Roberto Calasso's Views on Publishing, Writing — and Baudelaire|url=http://wwd.com/business-news/media/roberto-calassos-publishing-writing-baudelaire-10274010/|website=WWD|publisher=Penske Media Corporation|access-date=17 February 2017|date=5 November 2015}} 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.{{cite news|url=https://www.reuters.com/article/us-rcs-m-a-mondadori-idUSKCN0WP2IQ|title=Italy Antitrust gives conditional go-ahead to Mondadori-RCS Libri merger|date=24 March 2016|access-date=2 April 2019|work=Reuters|location=Rome|first=Steve|last=Scherer}}{{cite press release|url=http://www.agcm.it/media/comunicati-stampa/2016/3/alias-8174|title=C12023 - Via libera condizionato dell'Antitrust alla concentrazione Mondadori-RCS Libri|date=23 March 2016|access-date=4 April 2019|publisher=Italian Competition Authority|language=it}} Marsilio (including the imprint Sonzogno{{cite web|url=http://www.sonzognoeditori.it/index.php/chi-siamo|title=Chi siamo|publisher=Sonzogno Editori |access-date=9 April 2019|language=it}}) was sold back to De Michelis family's GEM S.r.l.{{cite press release|url=http://www.mondadori.com/media-room/news-and-press-releases/year-2016/mondadori-completes-disposal-of-marsilio-editori-to-the-de-michelis-family|publisher=Arnoldo Mondadori Editore|title=Mondadori completes disposal of Marsilio Editori to the De Michelis family|date=26 July 2016|access-date=2 April 2019}} while Bompiani was sold to Giunti Editore.{{cite press release|url=http://www.mondadori.com/senza-canale/mondadori-agreement-to-transfer-bompiani-to-giunti-editore|title=Mondadori: agreement to transfer Bompiani to Giunti Editore|date=29 September 2016|access-date=3 April 2019|publisher=Arnoldo Mondadori Editore}} Mondadori group retained the brands such as Rizzoli (in books only), BUR and Fabbri Editori. It also owned {{ill|Rizzoli Lizard|it}}.{{cite press release|url=http://www.mondadori.com/media-room/news-and-press-releases/year-2019/marta-treves-appointed-as-new-head-of-miscellaneous-books-at-rizzoli|title=Marta Treves appointed as new head of miscellaneous books at Rizzoli|date=19 March 2019|access-date=3 April 2019|publisher=Arnoldo Mondadori Editore}}

In April 2016, immediately after the takeover,{{cite press release|url=http://www.mondadori.com/media-room/news-and-press-releases/year-2016/mondadori-closing-of-rcs-libri-acquisition|title=Mondadori: closing of RCS Libri acquisition|date=14 April 2016|access-date=2 April 2019|publisher=Arnoldo Mondadori Editore}} RCS Libri S.p.A. was renamed to Rizzoli Libri S.p.A..{{cite press release|url=http://www.mondadori.com/media-room/news-and-press-releases/year-2016/birth-today-of-rizzoli-libri-s-p-a|title=Birth today of Rizzoli Libri S.p.A|date=14 April 2016|access-date=2 April 2019|publisher=Arnoldo Mondadori Editore}} Rizzoli Libri S.p.A. was under Mondadori Libri S.p.A., a business unit of Mondadori group. 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.{{cite press release|url=http://www.mondadori.com/media-room/news-and-press-releases/year-2014/board-approves-incorporation-of-mondadori-libri-s-p-a|title=Board approves incorporation of Mondadori Libri S.p.A.|date=25 November 2014|access-date=2 April 2019|publisher=Arnoldo Mondadori Editore}}

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 {{Linktext|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.{{cite report|url=http://static.mondadori.it/content/uploads/2018/03/Relazione-Finanziaria-annuale-2017_V2.pdf?c46d6d|title=Relazione finanziaria annuale 2017 |date=13 March 2018|access-date=3 April 2019|publisher=Arnoldo Mondadori Editore|quote=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.}} 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 ({{langx|it|Direttore Generale}}) of Mondadori Libri.{{cite press release|url=http://www.mondadori.com/media-room/news-and-press-releases/year-2018/mondadori-group-book-activities-under-a-single-business-area|title=Mondadori Group: book activities under a single business area|date=1 February 2018|access-date=2 April 2019|publisher=Arnoldo Mondadori Editore}} According to the publication of Mondadori group, the direct parent company of Rizzoli Education had also changed to aforementioned Mondadori Libri.{{cite web|url=http://www.mondadori.com/about-us/overview/group-structure|title=Group structure|date=9 January 2019|access-date=3 April 2019|publisher= Arnoldo Mondadori Editore}}

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).{{cite report|url=http://static.mondadori.it/content/uploads/2019/03/Relazione-finanziaria-annuale-2018.pdf?c46d6d|title=Relazione finanziaria annuale 2018 |date=14 March 2019|access-date=4 April 2019|publisher=Arnoldo Mondadori Editore}}{{rp|38}}

File:Rizzoli Education gruppo Mondadori logo.png

{{ill|Rizzoli Education|it|Rizzoli Education|lt=Rizzoli Education S.p.A.}}, 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. 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{{cite news|url=https://www.publishersweekly.com/pw/by-topic/industry-news/publisher-news/article/74611-global-publishing-leaders-2017-arnoldo-mondadori-editore-s-p-a.html|title= Global Publishing Leaders 2017: Arnoldo Mondadori Editore S.p.A |date=25 August 2017|access-date=3 April 2019|work=Publishers Weekly}} which itself quoting the figures from Mondadori group.{{cite report|url=http://static.mondadori.it/content/uploads/2017/03/Relazione-finanziaria-annuale-2016.pdf?c46d6d|title=Relazione finanziaria annuale 2016 |date=21 March 2017|access-date=3 April 2019|publisher=Arnoldo Mondadori Editore|language=it}}{{rp|33}}

In 2019, Oxford University Press and Rizzoli Education renewed an agreement on distributing books. Oxford University Press signed the first agreement with {{ill|La Nuova Italia Editrice|it|La Nuova Italia}} in 1978, now a brand of Rizzoli Education.{{cite press release|url=http://www.mondadori.com/media-room/news-and-press-releases/year-2019/oxford-university-press-and-rizzoli-education-new-exclusive-distribution-agreement|title=Oxford University Press and Rizzoli Education: new exclusive distribution agreement|date=28 February 2019|access-date=4 April 2019|publisher=Arnoldo Mondadori Editore}}

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.{{cite web|url=https://www.rizzolieducation.it/azienda/|title=Azienda|publisher=Rizzoli Education|access-date=4 April 2019|language=it}}

{{clear}}

RCS Libri, via RCS International Books B.V., had an overseas subsidiary Rizzoli International Publications Inc.,{{rp|323}}{{primary source inline|date=April 2019}} 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.{{cite press release|url=https://www.rizzoliusa.com/2014/07/24/rizzoli-to-acquire-welcome-books-inc/|title=Rizzoli to acquire Welcome Books, Inc.|date=24 July 2014|access-date=3 April 2019|publisher=Rizzoli International Publications}}{{cite web|url=https://www.welcomeenterprisesinc.com/?page_id=2|title=About|access-date=3 April 2019|publisher=Welcome Enterprises}}{{primary source inline|date=April 2019}} The American division also contained Rizzoli Bookstore,{{rp|323}}{{primary source inline|date=April 2019}} which was located in NoMad, New York City since 2015.{{cite press release|url=http://www.rcsmediagroup.it/en/press-release/rizzoli-announces-new-bookstore-location/|title=Rizzoli announces new bookstore location

|date=8 September 2014|access-date=3 April 2019|publisher=RCS MediaGroup}}{{cite web|url=https://www.rizzolibookstore.com/store-history-about-us|title=Store History / About Us|publisher=Rizzoli Bookstore|access-date=3 April 2019}}{{primary source inline|date=April 2019}} After the 2016 takeover of RCS Libri, both Rizzoli International and Rizzoli Bookstore are now part of Mondadori group.{{cite press release|url=http://www.mondadori.com/media-room/news-and-press-releases/year-2016/bod-approves-half-year-financial-report-at-30-june-2016|title=BoD approves half-year financial report at 30 June 2016|date=28 July 2016|access-date=3 April 2019|publisher=Arnoldo Mondadori Editore}}{{primary source inline|date=April 2019}} However, the intermediate parent company was changed from RCS Libri to Mondadori Electa,{{cite web|url=https://www.rizzoliusa.com/about-us/|title=About us|access-date=3 April 2019|publisher=Rizzoli International Publications}}{{primary source inline|date=April 2019}} 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).{{primary source inline|date=April 2019}}

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.{{cite press release|url=http://www.mondadori.com/media-room/news-and-press-releases/year-2017/the-mondadori-group-launches-rizzoli-electa-and-expands-its-illustrated-publications-business-internationally|title=The Mondadori Group launches Rizzoli Electa and expands its illustrated publications business internationally|date=1 December 2017|access-date=3 April 2019|publisher=Arnoldo Mondadori Editore}}{{primary source inline|date=April 2019}} 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.

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.{{primary source inline|date=April 2019}}

{{reflist}}

• {{official website|https://www.rizzolilibri.it|name=Official website of Rizzoli Libri}} {{in lang|it}}
• [https://www.rizzolieducation.it Official website of Rizzoli Education] {{in lang|it}}
• [https://www.rizzoliusa.com Official website of Rizzoli International Publications]

Category:Book publishing companies of Italy

Category:Book publishing companies of the United States

Category:Multinational companies headquartered in Italy

Category:RCS MediaGroup

Category:Arnoldo Mondadori Editore

Category:Visual arts publishing companies

Category:Bookshops of Italy