Flop of the week: Mecom sells off publishers
The Cologne-based publisher Dumont Schauberg is acquiring the *Berliner Zeitung* and a number of other titles. The British media holding company Mecom is selling all of its German newspapers to the newspaper publisher.
The Cologne-based publishing house Dumont Schauberg buys the Berliner Zeitung and a number of other titles. The British media holding company Mecom sells all its German newspapers to the newspaper publisher. Mecom owns the Berliner Verlag with Berliner Zeitung and Berliner Kurier as well as the Hamburger Morgenpost. The group also owns ten websites, including Netzeitung.de.
Dumont is paying 152 million euros to the British company, as Mecom announced Tuesday in London. The sale is expected to be finalized in the first quarter, though it is still subject to approval by antitrust authorities. According to an SDA report, Mecom is heavily indebted and therefore has a strong financial interest in the sale going through.
The Cologne-based publishing house has also taken over the struggling *Frankfurter Rundschau*. According to a report by the industry news service Kress, Dumont Schauberg is seeking a far-reaching merger between the *Frankfurter Rundschau* and the *Berliner Zeitung*.
Dumont is paying 152 million euros to the British company, as Mecom announced Tuesday in London. The sale is expected to be finalized in the first quarter, though it is still subject to approval by antitrust authorities. According to an SDA report, Mecom is heavily indebted and therefore has a strong financial interest in the sale going through.
The Cologne-based publishing house has also taken over the struggling *Frankfurter Rundschau*. According to a report by the industry news service Kress, Dumont Schauberg is seeking a far-reaching merger between the *Frankfurter Rundschau* and the *Berliner Zeitung*.
