AZ Medien acquires stake in Lautundspitz
Effective December 1, AZ Medien will acquire a 20 percent stake in the party portal Lautundspitz. The media company also announced that its nightlife magazine, AZ Live, will be discontinued in 2009.
AZ Medien will acquire a 20 percent stake in Lautundspitz Schweiz AG on December 1. The publishing house, which also publishes the Aargauer Zeitung, wants to strengthen its Internet presence with the party photo portal. In addition, the AZ spin-off magazine Live will be discontinued in 2009.
New multimedia and cross-media offerings are planned, AZ Medien announced on Wednesday according to SDA. No details were given on the purchase price of the minority stake. A joint Internet presence is to be developed for the Mittelland and Northwestern Switzerland market area. The aim is to achieve faster growth and benefits in terms of sales and content management, according to the statement.
The weekly event magazine Live will be discontinued in spring 2009. The magazine will be inserted in the AZ on Thursdays. As a replacement, a cultural calendar with previews and reviews will appear once a week in the AZ.
New multimedia and cross-media offerings are planned, AZ Medien announced on Wednesday according to SDA. No details were given on the purchase price of the minority stake. A joint Internet presence is to be developed for the Mittelland and Northwestern Switzerland market area. The aim is to achieve faster growth and benefits in terms of sales and content management, according to the statement.
The weekly event magazine Live will be discontinued in spring 2009. The magazine will be inserted in the AZ on Thursdays. As a replacement, a cultural calendar with previews and reviews will appear once a week in the AZ.
