Ringier CEO speaks at the SEF on the state of the media industry
The media industry faces major challenges again this year. Ringier CEO Christian Unger made this statement at the Swiss Economics Forum (SEF) 2010 in Interlaken.
Last year was very difficult for Ringier. The current year is slightly better, earnings are stabilizing and Ringier has cut significant costs, Unger told Swiss television's business magazine Eco. However, the CEO doubts whether money can be made in the short term with Apple's iPad. In the short term, the media industry must remain focused on its core business. Nevertheless, the iPad is promising - for the future.
