The main source of income for the Ringier publishing house is still the traditional print business. But sales of printed newspapers and magazines are showing a clear downward trend. With Swiss print titles such as Blick, Ringier generated sales of only CHF 115.2 million in 2013. In 2012, the figure was still around 153 million, and in 2011 it was as high as 220 million Swiss francs. Within just three years, sales from Swiss newspapers and magazines have thus almost halved. In print, Ringier is financially satisfied above all with its magazines, such as Schweizer Illustrierte and Landliebe. Newspapers, on the other hand, continue to suffer from the declining advertising market, which other publishers are also struggling with.
According to the annual report published on Wednesday, the digital market has grown significantly. Ringier now generates 25.7 percent of its total revenues from digital business, which includes news platforms, advertising portals, radio and television. In 2012, it was only 18.3 percent. Ringier CEO Marc Walder said at the media conference in Zurich that digital revenues are expected to exceed the 30 percent mark for the first time in 2014. In recent years, the media company has invested 1.4 billion Swiss francs in further development - away from traditional print publishing and toward becoming a digital and entertainment provider. Ringier does not give a time horizon for when this transformation will be worthwhile.
SBB WLAN with Blick homepage
The latest project announced by the media company is in line with the expansion of the digital business: Anyone who wants to use SBB's free WiFi service at train stations will no longer be able to avoid Ringier. From April 14, the Blick page will always appear on the login home page of the SBB free WiFi. Up to midday, the latest Blick news will appear, and from the afternoon, the mobile offer of Blick in the evening. Walder said he was very happy to have been able to conclude this cooperation with SBB. SBB already offers free WLAN access at 23 stations. By the end of 2014, the service should be up and running at 50 stations. Ringier will also feed the landing page at stations in French-speaking Switzerland, there with the news from L'Hebdo. The cooperation will be implemented in French-speaking Switzerland on May 21.
Paywall for the Blick put on hold
Ringier, on the other hand, wants to wait and see on the issue of a paywall for the Blick website, as a spokesperson told SDA in response to an inquiry. The paywall is currently on hold. They want to wait and see what experience other publishers have had with it.
Ringier earned 26.5 million Swiss francs last year, 5.7 million less than in 2012. At that time, however, the publisher achieved a special effect with the sale of Betty Bossi to Coop, among other things. Sales fell slightly in 2013 from 1.08 billion to 1.02 billion Swiss francs. By contrast, operating profit, i.e. before interest and taxes, rose by 23.7 percent to 123.1 million Swiss francs. Walder is satisfied with the course of business: "A good result, especially in view of the current upheavals in the entire industry." (SDA)
Key figures 2013 Ringier
* Sales Ringier Axel Springer Media AG proportionately consolidated 50 percent
Ringier Media Conference, April 9, 2014 (Photos: Wewo)
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