German media giant and direct marketer Bertelsmann AG said the U.S. has become its biggest national revenue generator, driven largely by robust expansion in its online business, according to wire service reports.
The group, which is Europe’s largest media concern in terms of sales and privately owned, said that its U.S. operations generated nine billion marks or $4.8 billion in revenues in 1998/99, an increase of 2 billion marks from the previous year.
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