SonyBMG parent may announce new top man

According to the New York Times, one Hartmut Ostrowski is favourite to take the top job at German media conglom, and SonyBMG co-parent, Bertelsmann when current CEO Gunther Thielen's contract runs out on 31 Aug. Ostrowski, head of Bertelsmann's printing division Arvato, is reportedly favoured by Liz Mohn, the most influential member of the Bertelsmann owning Mohn family. If he gets the job, Ostrowski will have to take on the task of paying off the loans Berteslmann took out last year in order to buy out minority shareholder GBL.