Somedia acquires a stake in Presse TV

The Chur-based media company Somedia is acquiring 10 percent of the share capital of Presse TV AG. The shares had been held by the corporation since Ringier's withdrawal in 2012.

In a statement, Presse TV welcomes the expansion of its shareholder base. "With Somedia and its owner Hanspeter Lebrument, Presse TV is enriched by an important voice from the Swiss-German and Rhaeto-Romanic publishing landscape. We look forward to offering SRF productions from the media house in Chur in the near future," says Tobias Wolff, Chairman of the Board of Presse TV. Silvio Lebrument, Managing Director Media at Somedia, adds: "In addition to the Südostschweiz Standpunkte program, we have ideas for further productions."

Presse TV was founded in spring 1995. The shareholders are Neue Zürcher Zeitung, the German-Japanese Development Company for Television Program (DCTP) as trustee of the television activities of German publishing houses, Basler Zeitung and Ringier Axel Springer Schweiz. The cooperation with SRG is governed by a cooperation agreement that runs until the end of 2018. It specifies in particular the broadcasting times available to PresseTV and the duration of the programs, as well as the financial modalities.

With a range of programs covering information, politics, business, culture, science and health, Presse TV aims to offer viewers an alternative to the other TV programs, which are mainly geared to entertainment. PresseTV's programs are: BekanntMachung, gesundheitheute, NZZ Format and Standpunkte (Basler Zeitung Standpunkte, Bilanz Standpunkte, Handelszeitung Standpunkte and NZZ Standpunkte). Werbewoche belongs to Somedia.

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