Another merger on the Swiss newspaper market?

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asimd23
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Joined: Mon Dec 23, 2024 3:28 am

Another merger on the Swiss newspaper market?

Post by asimd23 »

It has been known for some time that Markus Somm wants to launch a politically right-wing online magazine. He is interested in Nebelpalter and is in talks with the current owner, who has signaled his willingness to sell ( persoenlich.com reported ). Somm is not only buying the 145-year-old Swiss satirical magazine, he is also buying 165,000 readers. It cambodia rcs data remains to be seen how loyal they will be to the planned magazine. As the former editor-in-chief and publisher of the Basler Zeitung, he is very familiar with the subject.

What is always of interest in such deals is the selling price, which is why it is always kept confidential. This leads to wild speculation. In this case even more so, because the question is legitimate as to why two billionaires from Zug are needed to buy the Nebelspalter. Should other titles be brought on board? The NZZ, which has reduced its editorial staff to such an extent that it has to publish articles from Weltwoche?

Or is this just a clever move because she has found someone who writes what she thinks but doesn't want to write it herself? Admittedly, this is pure speculation.
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