News: Futur(e)s puts pressure on Agefi profits

The Agefi media group, based in French-speaking Switzerland, posted a net profit of just 41,469 francs in 2001 (previous year: 880,000 francs).

The French-speaking Swiss media group Agefi achieved a net profit of just CHF 4,469 in 2001 (previous year: CHF 88,000,000).news Futur(e)s depresses Agefi profit The decline is explained by the closure costs for the new economy magazine Futur(e)s amounting to CHF 2.87 million, which Agefi has written off in full. In total, the project cost Agefi 7.2 million francs. Turnover remained stable at CHF 20.93 million (previous year: CHF 21.91 million). The operating result fell from CHF 5.4 million to CHF 3.02 million.
Star-interaktiv-TV The entertainment channel Star-TV has submitted a license application to the Federal Office of Communications for a national channel on which Star-TV intends to broadcast interactive entertainment offerings. In a first phase, games will be offered in which viewers can participate via the Internet or cell phone.
Yearbook Boom Boom, the monthly magazine for entrepreneurs and company founders, is being converted into a yearbook. The publisher Jobindex Media has decided to do this in view of the poor business situation. Subscribers to the monthly magazine will receive the business newspaper Cash delivered to their homes as a replacement until the end of the year.

More articles on the topic