Basler Zeitung sells local newspapers
Die Basler Zeitung verkauft ihren Lokalzeitungsbereich: Die LV Lokalzeitungen Verlags AG mit den Titeln Allschwiler Wochenblatt, Birsfelder Anzeiger, Muttenzer & Prattler Anzeiger sowie dem Internetportal Reinacherzeitung.ch geht an die Friedrich Reinhardt AG in Basel. Der Verkauf erfolgt rückwirkend auf den 1. Mai 2010.
Thanks to this transaction, Friedrich Reinhardt Verlag, which publishes the Birsigtaler Bote and the Riehener Zeitung, among others, will be able to better cover the Basel agglomeration with its local newspapers, according to a press release issued on Tuesday. All titles are to be continued and there are no plans to reduce the circulation area or editorial teams. For its part, Basler Zeitung wants to expand and strengthen the local area in its own product. The sale of the publishing unit LV Lokalzeitungen is a further step towards concentrating on the core business of paid daily newspapers, according to the publisher.
