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1048

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Edel acquires Jumbo Neue Medien und Verlag GmbH to expand its radio play, audio book and book program

Edel SE & Co. KGaA has acquired Jumbo Neue Medien und Verlag GmbH from the managing director and founder Gabriele Swiderski as well as the shares of W1-Media GmbH with effect from April 1, 2024. Edel Music & Entertainment and the Edel Publishing Group are thus expanding their already very successful children’s radio play, audio book and book program in the Edel Kids and Karibu divisions. Gabriele Swiderski will remain on the management board. Ulrich Maske will continue his work in program management as producer and director.

Half-year figures 2023/24: Net profit slightly above previous year despite lower sales

Edel SE & Co. KGaA (WKN 564950) from Hamburg recorded a 14% drop in sales in the first half of the 2023/24 financial year (01.10.2023 – 31.03.2024). The company generated sales of EUR 129.3 million compared to EUR 150.9 million in the first half of the previous year 2023. Net profit for the first half of the year remained at the same level at EUR 6.1 million compared to EUR 6.0 million (+1%). After deducting minority interests, net profit for the year amounted to 5.8 million euros compared to 5.7 million euros (+3%) in the same period of the previous year.

Edel Kids celebrates its 25th anniversary: a success story through the ages

Edel Kids, the Edel Group’s home entertainment brand for children’s entertainment, is delighted to announce a significant anniversary: 25 years of successful presence in the diverse children’s entertainment market. For a quarter of a century, the label has established itself as one of the most important children’s repertoire providers in the audio and DVD segment in Germany, Austria and Switzerland, with sales figures continuing to rise.

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