Buy - sell
Radio Goldbach Media is divesting itself of its small radio holdings. Energy Zürich is also being overhauled.
Radio Goldbach Media sells off small radio holdings. Just under six months before the new RTVA comes into force, shareholders of various local radio stations appear to be reconsidering their shareholdings. Some are selling, others are buying. The NZZ Group is one of the main buyers. Coop and Ringier, on the other hand, have left the scene: both sold their shares in Radio Pilatus. Goldbach Media is also increasingly withdrawing: it is selling its 35% stake in Radio Ri to the NZZ Group and its 6% stake in Radio Central Holding to Alfons Spirig, Managing Director of the Central Switzerland Radio Group (Central, Eviva), which fits in with Goldbach's strategy. The marketer of electronic media has been gradually getting rid of its content suppliers since the end of 2002: First it disposed of the Moneycab financial portal and the content provider Swisscontent, followed by a 49 percent stake in Hitradio Z (today: Energy Zurich) and now the small stakes in Ri and Central.
The last remaining content-heavy investment is the 51% stake in Energy Zurich, which Goldbach still holds and which no longer makes sense - at least from a corporate strategy perspective. This is presumably why this stake is also up for sale. In any case, it is noticeable that the entry in the commercial register of Radio Z AG, the owner of Energy Zurich, has changed several times recently, especially the description of its purpose. Sometimes the name Energy Zürich was explicitly added (July 2005), sometimes deleted (September 2006). Instead, it now states that Radio Z AG may acquire real estate and establish companies in the media sector - a standard addition that was previously missing. A certain nervousness is therefore unmistakable. Is this a bride being prepared for the wedding? Goldbach Media's response is brief: "We do not comment on speculation of any kind," writes spokesman Paul Riesen.
Markus Knöpfli
The last remaining content-heavy investment is the 51% stake in Energy Zurich, which Goldbach still holds and which no longer makes sense - at least from a corporate strategy perspective. This is presumably why this stake is also up for sale. In any case, it is noticeable that the entry in the commercial register of Radio Z AG, the owner of Energy Zurich, has changed several times recently, especially the description of its purpose. Sometimes the name Energy Zürich was explicitly added (July 2005), sometimes deleted (September 2006). Instead, it now states that Radio Z AG may acquire real estate and establish companies in the media sector - a standard addition that was previously missing. A certain nervousness is therefore unmistakable. Is this a bride being prepared for the wedding? Goldbach Media's response is brief: "We do not comment on speculation of any kind," writes spokesman Paul Riesen.
Markus Knöpfli
