If you have a few billion euros sitting around, I have deal for you. The eBook and eReader retailer Weltbild is on the market. The Catholic dioceses of Germany have recently decided to part with their controlling interest in Weltbild.
Weltbild is a German publisher and retailer based in Augsburg. It has over 300 stores in Germany and is widely regarded as one of the biggest media retailers in the country. Last year it sold over a billion euros via its website and stores and published a large number of books.
While it’s rumored that this is a response to recent press reports that Weltbild is selling porn, the actual revenue from that content is minimal. According to Carel Halff, the board chairman, it’s much more likely that the Church doesn’t want to own a major business. There’s no word yet on who might buy the company.