Holtzbrinck Publishing Group Holtzbrinck Publishing Group is a privately-held German company based in Stuttgart which owns publishing companies worldwide. Through Macmillan Publishers , it is one of the Big Five English-language publishing companies. In 2015, it merged most of its Macmillan Science and Education unit with Springer Science+Business Media , creating the company Springer Nature . Holtzbrinck owns 53% of the combined company.History Established by Georg von Holtzbrinck in 1948, the group first began as a German book club . In the 1960s, it purchased Droemer , Kindler, Rowohlt and S. Fischer Verlag , two German publishing companies. In 1985, it acquired the retail book division of Holt, Rinehart and Winston , naming it the Henry Holt Book Company . One year later, the company acquired Scientific American magazine for $52.6 million. In 1994, it purchased a majority interest in Farrar, Straus & Giroux from retiring Roger W. Straus, Jr. A year later, it purchased a 70% majority interest in The Macmillan Group , and then the remaining shares in 1999. In March 2006, Holtzbrinck forced Tor Books , which is owned by Holtzbrinck, to stop making its books available as e-books via Baen Ebooks because of concerns regarding the lack of digital rights management . The policy was later changed and Tor titles became available as DRM-free e-books in 2012. The Tor UK label in Britain does the same. The company also received a good deal of attention when it bought the then leading German social networking platform StudiVZ in January 2007 . Holtzbrinck has total annual sales of 2.1 billion euros ; 49% of sales are in Germany and 23% in North America . It had 2005 earnings before taxes of 142 million euros, and a total of 14,000 employees. Chairman of the group is Stefan von Holtzbrinck. John Sargent is CEO of Macmillan, the company that unites the US-based businesses of the group.Subsidiaries and imprints In Germany: In the United States: Using the Macmillan name: Using the Audio Renaissance name in Southfield, Michigan:In the United Kingdom:
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