Ringier: Interest in Tele Züri and 3+?

Ringier plans to enter the market with its own television station. The company has long had this ambition, but this year it will be «pursued with determination,» as Ringier CEO Marc Walder announced Wednesday in Zurich.

Unfortunately, the Swiss television market is very regulated, which makes it difficult to enter with a new station, Walder said at a media conference, according to the SDA news agency. A takeover is therefore more likely, he said. He already has two stations "on the radar," Walder added. Theoretically, the channels 3+ and Tele Züri would come into question. The Ringier boss did not want to give any further details on this subject. Tele Züri belongs to the Zurich media company Tamedia and has not been able to shine with good results in recent years.

A liaison between Ringier and Tele Züri would at least be a kind of revival: Ringier, Roger Schawinski and Tamedia each held a 33 percent stake in the station until May 1999, when publisher Michael Ringier even sat on the Tele Züri board of directors. Due to disputes between Tamedia and Schawinski, the further development of the Zurich local station was blocked, which is why Ringier left.

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