Does Tamedia cancel the sale of the local stations?
Ringier und die Escor-Gruppe sind letzte Woche definitiv aus den Rennen um die Tamedia-Lokalsender ausgestiegen. Gegenüber der Zeitung Sonntag hat Tamedia nun erstmals die Möglichkeit eingeräumt, dass die Sender im Konzern verbleiben könnten.
If the price is not right, there is no need to sell, says Tamedia spokesman Christoph Zimmer. But he is still optimistic that a "positive solution" will be found. CEO Martin Kall is trying to drive up prices, Sonntag continues. Zimmer is unable to resolve the contradiction with the reasons given at the time for the intended sale of the "radio and television activities". Tamedia wanted to sell these "in view of unfavorable framework conditions and low synergy potential" as well as uncertain prospects with regard to the reallocation of concessions. This will not change if the Zurich-based publisher retains the Tele Züri, Tele Bärn, Radio 24 and Capital FM stations. It would also have to build a new studio for Radio 24, which would cost around CHF 2 million.
> Ringier: definitely withdraws from takeover talks for Tele Züri
