Hamburg, February 13, 2004
The annual World Press Photo Award is considered the most recognized award in the press photography sector. This morning, the current winners of the 47th World Press Photo Award were announced in Amsterdam. The World Press Photo of the year is a color exposure by the French photographer, Jean-Marc Bouju.  ...more

Hamburg, April 30, 2003
A mourning boy standing at the grave of his father who died in an earthquake in Iran in June 2002: the picture vividly expresses helplessness, grief, and tangible misery. This black-and-white photograph, which was taken by the Armenian photographer Eric Grigorian and selected from 53,597 other entries by an international judging panel, is the 2002 World Press Photo of the Year. The photographic sequence "Megacities of Asia" by Peter Bialobrzeski also received commendation: first prize in the "The Arts Stories" category. Pictures from this series were published in the GEO report on "The Turbo-Cities".  ...more

Hamburg, March 27, 2003
Gruner + Jahr, Europe‘s biggest magazine publisher, delivered a comparatively good performance in 2002 despite the advertising crisis, and will continue to grow in 2003, mainly by means of new title launches. EBITA, reported under to IAS (International Accounting Standards) for the first time, doubled year on year to 234 million (2001 pro forma: €117 million). Total earnings (EBITA including special gains) rose to €406 million. During the same period, revenues declined to €2.8 billion, due to disposals and the continuing decline in the ad business, especially in Germany. Net earnings amounted to €116 million (00/01: €40 million, reported under HGB German Commercial Code which restricts comparability), while cash flow more than tripled to €385 million (00/01 pro forma: €114 million/HGB). The Return on Sales was 8.3 percent.  ...more