Ringier discontinues the free daily newspaper 24 Hodin in Prague

Ringier is discontinuing the free daily newspaper 24 Hodin («24 Hours») in Prague. The paper will be published for the last time on December 19. The discontinuation is a precautionary measure intended to help the company weather the economic crisis.

Ringier is discontinuing the free daily newspaper 24 Hodin ("24 Hours") in Prague. The paper will be published for the last time on December 19, as the Swiss media company announced on Monday. The closure is being made for economic reasons. Ringier, like other companies, had to take precautionary measures in order to face up to the economic crisis.
24 Hodin was launched on November 28, 2005 and reaches around 200,000 readers, according to SDA. The paper is in direct competition with the free newspaper Metro from the Swedish Modern Times Group. Ringier continues to be present in the Czech Republic with the Blick edition Blesk, a daily sports newspaper and various weekly magazines.

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