NZZ thinks more economically
Press What are the Neue Zürcher Zeitung's plans for its regional titles?
Press What are the Neue Zürcher Zeitung's plans for its regional titles?
So far, from the outside, no strategy has become apparent as to what NZZ actually intends to do with its network of investments in the regional press, which is why it has been repeatedly in the (industry) media recently. On the other hand, the tight line taken by the expanding regional market competitor Tamedia, which is practically rushing from one coup to the next, is striking. It is currently consolidating its territory, which now also includes large parts of the Bern media center, and looking for potential savings. The strategists on Werdstrasse have had to invest enormous sums in their expansion and one or other sub-strategy could quickly prove to be too costly. "The regional newspapers are very profitable and they are a second pillar of the NZZ that works very well," says Alfred Hümmerich, Chairman of the NZZ Group Management Board, on the company's comparatively defensive course. The regional titles are achieving very good results and there is no deficiency in the strategic management.
Hümmerich sees a key difference between the two companies in the development of their shareholdings. Whereas Tamedia was always centrally managed, NZZ acquired its shares in the last century more for political reasons. Recently, however, these have been increasingly integrated into the group strategy, but this cannot be compared with the centralized management of the competitor. At Tamedia, Hümmerich is observing the opposite process, as the publishing house is moving in a more decentralized direction for the first time with the Bern media center. "Espace cannot be run one-to-one from Zurich."
But the market is changing and the competition is getting stronger. "The NZZ must move closer together with its regional media," says Hümmerich. But there are limits to this. After all, it makes no sense to want to operate companies that are well established in the regions, such as the Neue Luzerner Zeitung or the St. Galler Tagblatt, only from Zurich and to completely curtail their autonomy.
Internal disgruntlementAt least the Lucerne newspaper's announcement of a seventh edition of the NLZ am Sonntag has caused disgruntlement within the company and the impression has arisen that at the NZZ the right does not know what the left is doing. Editor-in-chief Felix E. Müller's recent comment in the NZZ am Sonntag about Tamedia's growing market dominance could also be read as a message to his own company to put its foot down.
But even the NZZ cannot simply ignore the increasing economic pressure. This is also noticeable in the shareholder base. Those who used to subscribe to the company's shares primarily for ideological reasons are now also very interested in the financial value. "We have to think more economically at NZZ today for this reason, but above all because of the challenges facing the industry," says Hümmerich.
René Worni
St. Galler Tagblatt with seventh editionIdealiter
the St. Galler Tagblatt would launch a seventh Sunday edition at the same time as the new Luzerner Zeitung next fall. "Theoretically, we could launch it as early as next fall; we have a ready-made concept," explains SGT Publishing Director Daniel Ehrat. However, the special market conditions in the title's catchment area mean that publication will not be possible until fall 2009 at the earliest, unless those responsible decide against it. One reason is the circulation. The SGT has a total circulation of 100,000 copies. However, 30,000 of these belong to the Rheintaler and the Flawil printing company, which publishes the Wiler Zeitung. These cooperation partners would therefore have to be convinced to publish a joint seventh edition. "Otherwise we would have too small a circulation to get national advertising," says Ehrat. If the publisher then decided not to introduce a compulsory subscription and offer the Sunday edition separately, Ehrat reckons that the circulation would be further reduced to possibly just 50,000 copies. "We're not quite sure yet," says Ehrat, who would prefer the option of a voluntary offer. Another difficulty is the catchment area. If you think of the Appenzell region, houses and settlements are far apart. 80 percent of the circulation is distributed by Zuvo. But Der Rheintaler and Der Toggenburger are distributed by post. Early distribution would first have to be established in the areas concerned.
Possible cooperation models with Lucerne have already been discussed. According to Ehrat, no talks have yet been held with potential partners outside the NZZ Group - for example with AZ-Medien (Sonntag) or Südostschweiz.
No Sunday at the Züri-Landzeitung A seventh edition is not an option for the Zürichsee Zeitung, the Oberländer and the Unterländer, in which the NZZ is involved to varying degrees and which cooperate together in the Züriland Zeitung association. "That would be a bit strange just outside Zurich," says Benjamin Geiger, Editor-in-Chief of Zürichsee Zeitung. The ZSZ already offers its readers a combined subscription to the NZZ am Sonntag. The ZSZ is skeptical about the issue, particularly in view of the low revenue potential.
Geiger also questions whether the Sunday readership still has a need for Saturday news. The products of other publishing houses, namely Südostschweiz am Sonntag or Sonntag from AZ-Medien, are also not "intoxicating". (rw)
