St. Galler Tagblatt acquires majority shareholding in Radio Ri
St. Galler Tagblatt AG has acquired a 35 percent stake in Radio Ri from Goldbach Media. As a result, the media company is now the majority shareholder of the local station in the Rhine Valley.
Aktiengesellschaft St. Galler Tagblatt has acquired a 35% share package in Radio Ri from Goldbach Media. This makes the media company the new majority shareholder of the local Rheintal station. According to the news agency SDA, this commitment in St. Gallen is intended to secure the long-term development of the eastern Swiss radio stations Aktuell and Ri in the listener and advertising market. In addition, the existing cooperation between the two radio stations is to be strengthened. As part of the reorganization of the radio reception areas as of 2008, a joint concession area with continued strong local roots at the two locations Buchs and St. Gallen is planned. According to the St. Galler Tagblatt, the two radios together reach around 140,000 listeners. Radio Ri has been broadcasting for 20 years.
