The Ringier media company will launch a daily business newspaper in tabloid format this year. Cash daily is also planned as a multimedia platform that aims to reach one million people interested in business every week on various channels within a year. In addition to the print product, audio and video applications are planned for the Internet and mobile platforms. Publishing expert Hans Ott (50) has been appointed project manager for the project. Among other things, Ott was Managing Director of the publisher of the monthly business magazine Bilanz, and the interview with Thomas Trüb, Head of Business Media at Ringier, was conducted by Pierre C. Meier.
What does Cash daily mean for Cash as a weekly title? The business newspaper Cash will remain a weekly title. With Cash daily, we want to introduce new potential to the weekly title. In terms of content, however, the two will be very different. Cash daily will do daily journalism, not heavily researched stories.
And for Cash TV, we will soon only have a break on Saturday without Cash. Cash TV on Sunday can certainly be better integrated. In future, we can and want to link the various media more closely together. At the same time, we are starting an electronic newspaper that will contain daily audio and video reports. An early experimental form of WebTV!
How Cash daily will be distributed? nothing is set in stone yet, there are four to five options at the moment. We will probably distribute Cash daily in the same way that free newspapers are generally distributed. Two factors are clear so far: free and in the morning. We can't yet say exactly how it will be distributed and what the circulation will be. However, we will focus on the national market. We are launching the first daily business newspaper in Switzerland and it can only be national.
What is planned in terms of format and size? 20-24 pages is the planned format for the initial print run.
When will Cash Daily be launched? The launch date still depends on various factors. For example, how quickly we can create software that works without any glitches. We are planning a software that is a CMS in the broadest sense, with which I can operate the various channels: Mobile, video and audio applications. In my opinion, there is nothing like this in the newspaper sector anywhere in the world. We will certainly play a pioneering role here. We will produce a solid daily newspaper in print form, but at the same time we will start experimenting with new forms and new media.
What is the role of project manager Hans Ott? Ott accompanies the project until it is up and running. The editorial team is completely open.
Does Cash daily affect other Ringier free newspaper projects? The Cash daily project is aimed at creating a new type of media network. And less in terms of launching a large-circulation free newspaper.
The first rumors were that they were looking for sponsors. I've already read a lot on this subject, but you're the first person to ask me this question. There is nothing to this story. There is traditional financing via advertisements. There will certainly be new advertising opportunities in the electronic media. But there can be no question of sponsorship.