Zürichsee Medien: Concession for Capital FM obtained
The DETEC has approved, without conditions, the transfer of the Capital FM license—previously held by Espace Media—to Zürichsee Medien, effective May 1, 2012.
The appeal period against the decision ended without any objections, as Capital FM writes in a press release on Friday. The sale between Espace Media and Zürichsee Medien will therefore be completed on Tuesday, May 1, 2012.
In the middle of last year, Tamedia announced that it had decided to examine the sale of the radio and TV stations as part of the merger with Edipresse Suisse. In December it was then announced that Capital FM would be sold to the family-owned company Zürichsee Medien, based in Stäfa. A total of 28 employees (22.4 full-time positions) will be transferred to Zürichsee Medien, which also owns the magazine marketing company Zürichsee Werbe AG in addition to Radio Zürisee. Together with Radio Zürisee, this creates a strong broadcasting network in the Bern, Winterthur and Zurich regions under the umbrella of Zürichsee Medien.
