Radio Basilisk changes hands
Radio Basilisk has a new owner: The Hagemann family has acquired all shares in the radio station from Basel-based media attorney Martin Wagner.
According to a press release issued on Thursday, the reason for the sale is a change in the focus of Martin Wagner's professional activities, who will be devoting himself to setting up the new Swiss film production company Constantin Film Schweiz with immediate effect. The Hagemann family intends to keep the Basel-based private radio station privately as a long-term investment. The parties have agreed not to disclose the sale price. The relevant authorities still have to approve the transfer of the license. The corresponding application has been submitted to the Federal Department of the Environment, Transport, Energy and Communications. A decision is expected as early as mid-April 2010.
Martin Wagner will remain on the Board of Directors. Matthias Hagemann will join as Chairman and Ruth Ludwig. Sandra Wagner and Jean-Luc Wicki will continue to share the management of the station. No other personnel or programming changes are planned.
The Hagemann family is the majority shareholder of Basler Zeitung Medien. It guarantees the journalistic independence of the radio station. The day-to-day editorial business will remain the sole responsibility of the radio editorial team.
Martin Wagner will remain on the Board of Directors. Matthias Hagemann will join as Chairman and Ruth Ludwig. Sandra Wagner and Jean-Luc Wicki will continue to share the management of the station. No other personnel or programming changes are planned.
The Hagemann family is the majority shareholder of Basler Zeitung Medien. It guarantees the journalistic independence of the radio station. The day-to-day editorial business will remain the sole responsibility of the radio editorial team.
