NZZ acquires stake in television company DCTP
The Neue Zürcher Zeitung is acquiring a 12.5 percent stake in the German television company DCTP. With this move, it aims to strengthen its presence in the German-speaking world.
Neue Zürcher Zeitung acquires 12.5 percent of the German television company DCTP (Development Company For Television Program). DCTP is a TV platform for independent third parties in German commercial TV and is managed by the German filmmaker Prof. Dr. Alexander Kluge. Kluge continues to hold a good third of the shares, the other owners are Deutsche Spiegel Verlag (12.5 percent) and the Japanese company Dentsu Inc. (37.5 percent). According to the press release, the Neue Zürcher Zeitung also intends to use the stake to participate in the further development of digital television distribution via cable, satellite and the Internet (IP TV). With this investment, Zücher Verlag is also anchoring its cooperation with DCTP under company law.
Under license from DCTP, NZZ began broadcasting "NZZ Format" on the Vox channel in 1993; since then, over 500 programs have been produced. In addition to Vox, DCTP also holds broadcasting licenses on RTL and Sat.1, which are staffed by the partners with editorial independence. The German company holds shares in Swiss PresseTV, which broadcasts its programs on SF2 with its own license. As part of the investment, NZZ has also restructured its New Media division and is separating its online activities from television and documentary film production. Wolfgang Frei is the new Head of Television and Film, while the position of Head of Online Editorial is still vacant.
Under license from DCTP, NZZ began broadcasting "NZZ Format" on the Vox channel in 1993; since then, over 500 programs have been produced. In addition to Vox, DCTP also holds broadcasting licenses on RTL and Sat.1, which are staffed by the partners with editorial independence. The German company holds shares in Swiss PresseTV, which broadcasts its programs on SF2 with its own license. As part of the investment, NZZ has also restructured its New Media division and is separating its online activities from television and documentary film production. Wolfgang Frei is the new Head of Television and Film, while the position of Head of Online Editorial is still vacant.
