The Winterthur Stadtblatt will be discontinued with immediate effect. This was decided by the newspaper's board of directors on Monday. The publishing house, which converted the paper into a free Sunday newspaper at the beginning of the year, has run out of money. Publisher Guido Blumer still considers the concept, which was well received by readers, to be the right one, as he told SDA when asked. However, the necessary capital was lacking to make the paper a success after the relaunch. Blumer intends to privately raise the debt of around 350,000 francs that has accumulated since the beginning of the year in order to pay all outstanding bills. Twelve employees, most of them part-time, are given notice.
At the beginning of the year, the former Winterthur city paper with a circulation of 4,400 copies became a free Sunday newspaper with 46,000 copies distributed to all households. According to the publisher, 1000 subscriptions were paid for despite the free offer, but the budget figures in the national advertising market were nowhere near reached.
Hopes of raising the necessary money from corporate partners were also dashed in the last six months. According to Blumer, the continuation of the first free Sunday paper in German-speaking Switzerland would have led to a deficit of CHF 700,000 by the end of the year, which is why the project has now been discontinued.
The city paper, which is now disappearing completely, has an eventful history behind it: it emerged from the left-wing Winterthur AZ in 1997, when it was no longer published daily, but only three times a week. The publication has long been independent of party politics.