Does Escor want to buy Tamedia stations?
Tamedia plans to divest itself of its radio and TV stations. Ringier and circles close to the SVP have been mentioned as potential buyers. Slot machine and casino operator Escor is a new contender.
Chairman of the Board of Directors Martin Wagner confirmed corresponding research by Handelszeitung. "We have registered our official interest in all stations with Tamedia."
The chances of Escor winning the bid in a bidding process are not bad, as the Handelszeitung writes. Experienced media lawyer Wagner, who also sits on the Board of Directors of Axel Springer Switzerland, wants to further develop the channels without cutting jobs and target a younger audience with brand-strong entertainment formats. Unlike Ringier, for example, Escor does not face any concession problems in the event of a package purchase. Wagner does not want to say how much he would be prepared to pay for the channels. However, as a listed company, Escor has various financing options.
