FPH takes over Thurgauer Zeitung - Tamedia buys Zurich regional newspaper holdings
The Thurgauer Zeitung is being transferred from Tamedia to FPH Freie Presse Holding, a subsidiary of the NZZ Media Group. The Thurgauer Zeitung will expand the St. Galler Tagblatt's network of newspapers.
The media companies NZZ Media Group and Tamedia have agreed to swap their regional newspaper holdings in the cantons of Thurgau and Zurich. The Gut publishing family and FPH Freie Presse Holding are selling their stakes in the Zurich regional newspapers Zürcher Unterländer, Zürichsee Zeitung and Zürcher Oberländer to Tamedia. Tamedia would like to continue to operate the Zürcher Landzeitungen as independent regional newspapers. These steps are intended to create more advantageous economic prospects for the daily newspapers involved. For the canton of Thurgau, this cooperation will create a strong voice on an economically sustainable basis.
Thurgauer Zeitung expands Tagblatt newspaper network
Tamedia is ceding its 100 percent stake in Huber & Co., the publisher of the Thurgauer Zeitung, to FPH Freie Presse Holding AG, a subsidiary of the NZZ media group. Thurgauer Zeitung will be integrated into Tagblatt Medien from the beginning of 2011. Thurgauer Zeitung thus expands the leading newspaper network in Eastern Switzerland with the titles St. Galler Tagblatt, Tagblatt für den Kanton Thurgau, Appenzeller Zeitung, Toggenburger Tagblatt, Wiler Zeitung and Der Rheintaler. The combination of the Thurgauer Zeitung with the Thurgau edition of the Tagblatt thus creates a journalistically strong and economically viable voice for the whole of Thurgau. Printing and production of the Thurgauer Zeitung will move to the Tagblatt Medien newspaper printing center in St. Gallen at the beginning of 2011.
The newspaper group Nordostschweiz, which was founded in 2006 and includes the Thurgauer Zeitung, the Winterthurer Landbote and the Schaffhauser Nachrichten, will continue until the end of 2010. After that, the publishing and newspaper operations combined in Huber & Co. AG for the Thurgauer Zeitung and the Winterthurer Landbote will be returned to the respective newspapers. Over the next few weeks, Tamedia will enter into talks with Ziegler Druck und Verlags AG, the publisher of the Landbote, about future cooperation. From Tamedia's point of view, the focus will be on a partnership between the Landbote and the Zürcher Landzeitungen.
Gut publishing family and FPH sell rural newspapers to Tamedia
The Gut publishing family, the majority shareholder of Zürichsee Zeitung, and the NZZ subsidiary FPH Freie Presse Holding AG are ceding their shareholdings in the Zurich regional newspapers to Tamedia. Tamedia is taking over 60 percent of Zürichsee Presse AG, the publisher of the Zürichsee newspapers, from the Gut family and their holding company Zürichsee Medien AG. The Gut family of publishers is thus arranging its succession planning at Zürichsee Medien AG and the future of Zürichsee Zeitung. Theodor Gut will remain publisher of Zürichsee Zeitung. Tamedia will acquire the remaining 40 percent of the shares from the NZZ subsidiary FPH Freie Presse Holding AG.
FPH Freie Presse Holding AG is also transferring its 100 percent stake in Zürcher Unterland Medien AG and its 38 percent stake in Zürcher Oberland Medien AG to Tamedia. As a result of the investments in the three regional media companies, Tamedia will now indirectly hold a stake in the newspaper printing center DZO Druck in Oetwil am See. At the same time as the regional newspapers Zürcher Unterländer and Zürichsee Zeitung, several advertisers will also be transferred to Tamedia.
Opportunity to strengthen the Zurich newspaper market
Tamedia would like to continue the Zurich regional newspapers as independent regional newspapers. The prerequisite for this is a significant improvement in earnings through cost savings and increased sales. The bundling of the Zürcher Unterländer, the Zürichsee Zeitung and the Tages-Anzeiger under a common corporate umbrella offers good conditions for this. In the coming months, possible prospects in purchasing, printing, logistics, editing, publishing, marketing and prepress will be examined in discussions with the partners Publicitas, Ziegler Druck und Verlags AG and Zürcher Oberländer.
(afw)
Thurgauer Zeitung expands Tagblatt newspaper network
Tamedia is ceding its 100 percent stake in Huber & Co., the publisher of the Thurgauer Zeitung, to FPH Freie Presse Holding AG, a subsidiary of the NZZ media group. Thurgauer Zeitung will be integrated into Tagblatt Medien from the beginning of 2011. Thurgauer Zeitung thus expands the leading newspaper network in Eastern Switzerland with the titles St. Galler Tagblatt, Tagblatt für den Kanton Thurgau, Appenzeller Zeitung, Toggenburger Tagblatt, Wiler Zeitung and Der Rheintaler. The combination of the Thurgauer Zeitung with the Thurgau edition of the Tagblatt thus creates a journalistically strong and economically viable voice for the whole of Thurgau. Printing and production of the Thurgauer Zeitung will move to the Tagblatt Medien newspaper printing center in St. Gallen at the beginning of 2011.
The newspaper group Nordostschweiz, which was founded in 2006 and includes the Thurgauer Zeitung, the Winterthurer Landbote and the Schaffhauser Nachrichten, will continue until the end of 2010. After that, the publishing and newspaper operations combined in Huber & Co. AG for the Thurgauer Zeitung and the Winterthurer Landbote will be returned to the respective newspapers. Over the next few weeks, Tamedia will enter into talks with Ziegler Druck und Verlags AG, the publisher of the Landbote, about future cooperation. From Tamedia's point of view, the focus will be on a partnership between the Landbote and the Zürcher Landzeitungen.
Gut publishing family and FPH sell rural newspapers to Tamedia
The Gut publishing family, the majority shareholder of Zürichsee Zeitung, and the NZZ subsidiary FPH Freie Presse Holding AG are ceding their shareholdings in the Zurich regional newspapers to Tamedia. Tamedia is taking over 60 percent of Zürichsee Presse AG, the publisher of the Zürichsee newspapers, from the Gut family and their holding company Zürichsee Medien AG. The Gut family of publishers is thus arranging its succession planning at Zürichsee Medien AG and the future of Zürichsee Zeitung. Theodor Gut will remain publisher of Zürichsee Zeitung. Tamedia will acquire the remaining 40 percent of the shares from the NZZ subsidiary FPH Freie Presse Holding AG.
FPH Freie Presse Holding AG is also transferring its 100 percent stake in Zürcher Unterland Medien AG and its 38 percent stake in Zürcher Oberland Medien AG to Tamedia. As a result of the investments in the three regional media companies, Tamedia will now indirectly hold a stake in the newspaper printing center DZO Druck in Oetwil am See. At the same time as the regional newspapers Zürcher Unterländer and Zürichsee Zeitung, several advertisers will also be transferred to Tamedia.
Opportunity to strengthen the Zurich newspaper market
Tamedia would like to continue the Zurich regional newspapers as independent regional newspapers. The prerequisite for this is a significant improvement in earnings through cost savings and increased sales. The bundling of the Zürcher Unterländer, the Zürichsee Zeitung and the Tages-Anzeiger under a common corporate umbrella offers good conditions for this. In the coming months, possible prospects in purchasing, printing, logistics, editing, publishing, marketing and prepress will be examined in discussions with the partners Publicitas, Ziegler Druck und Verlags AG and Zürcher Oberländer.
(afw)
Pietro Supino, Chairman of the Tamedia Board of Directors (l.) and Martin Kall, Chairman of the Tamedia Management Board.
Conrad Meyer, Chairman of the Board of Directors NZZ Group (l.) and Albert Polo Stäheli, CEO NZZ Group.
Conrad Meyer, Chairman of the Board of Directors of the NZZ Group (l.) and Thedi Gut, Zürichsee-Zeitung.
