ONZ: Financial participation of future readers

The founders of the Obwalden Nidwalden Zeitung (ONZ) are seeking financial contributions from future readers to raise funds.

The investment offer is primarily aimed at those who are interested in a vibrant local media landscape, according to a statement from SDA. A maximum of 5790 registered shares with a nominal value of CHF 500 each will be issued.
The Nidwaldner Volksblatt company, Obwalden entrepreneurs and Brienzer Gossweiler Media AG, publisher of the Jungfrau Zeitung, are shareholders in ONZ. Now the capital to finance the launch of ONZ is to be increased from CHF 105,000 to CHF 3 million, as announced by SDA on Friday. The plan is to create a media platform that focuses on local content from politics, business, society, culture and sport. News will be offered free of charge online and on mobile devices seven days a week. A paid-for paper newspaper will be published on Tuesdays and Fridays.

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