Ringier buys the German art magazine Monopol
The deal is now finalized: Ringier has acquired a 75 percent majority stake in the newly founded Juno Kunstverlag GmbH in Berlin, which publishes the art magazine *Monopol*.
The deal has now been finalized: Ringier has acquired 75
percent of the newly founded Juno Kunstverlag GmbH in
Berlin, which publishes the art magazine Monopol. The
Founders Amélie von Heydebreck and Florian Illies remain editors-in-chief
and co-owners. Monopol was launched in April 2004 and is aimed
is aimed at the premium market segment with high purchasing power. The current
Monopol has a circulation of 30,000 copies. The title is published in
2-month rhythm.
Since March 25, 2004, Ringier has been the publisher of the monthly magazine Cicero
whose paid circulation increased by 5.5 percent in the last quarter.
to 66,000 copies, as was reported in the
corresponding communication.
Monopol complemented Cicero in an excellent way. Both titles aspired to
the market leadership in their respective segments, contemporary
Art and upscale lifestyle would be a growth market worldwide.
defined, Ringier announces. When asked whether Ringier
intends to expand its portfolio with further German securities, is the response of media spokesman Marco
Castellaneta: "There are no further plans at the moment."
percent of the newly founded Juno Kunstverlag GmbH in
Berlin, which publishes the art magazine Monopol. The
Founders Amélie von Heydebreck and Florian Illies remain editors-in-chief
and co-owners. Monopol was launched in April 2004 and is aimed
is aimed at the premium market segment with high purchasing power. The current
Monopol has a circulation of 30,000 copies. The title is published in
2-month rhythm.
Since March 25, 2004, Ringier has been the publisher of the monthly magazine Cicero
whose paid circulation increased by 5.5 percent in the last quarter.
to 66,000 copies, as was reported in the
corresponding communication.
Monopol complemented Cicero in an excellent way. Both titles aspired to
the market leadership in their respective segments, contemporary
Art and upscale lifestyle would be a growth market worldwide.
defined, Ringier announces. When asked whether Ringier
intends to expand its portfolio with further German securities, is the response of media spokesman Marco
Castellaneta: "There are no further plans at the moment."
