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In 1986, Doubleday president Nelson Doubleday, Jr. sold Doubleday & Co., the owner of his interest in the Mets, to Bertelsmann AG.
Previously Senior Vice President, Chief Financial Officer of Bookspan, a Bertelsmann AG and Time Warner Inc. joint venture, from March 2000; Vice President, Finance and Strategic Planning, of Bertelsmann AG from March 1999; Vice President, Chief Financial Officer of BOL.com, a subsidiary of Bertelsmann AG, from August 1998).
Sonny Mehta, editor-in-chief and chairman of Bertelsmann AG's Knopf Doubleday Publishing Group, says;