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June 03, 2015 3:55 AM ET

Media

Company Overview of Ringier AG

Company Overview

Ringier AG, operates as a media company. It publishes newspapers, magazines, ePapers, and eMagazines. The company also operates various radio and TV stations; and e-commerce, Web, and mobile platforms, as well as organizes various events, such as concerts, fashion shows, and music events. In addition, it creates and produces modern radio programs and TV formats; supports the expansion of e-commerce services and online classifieds platforms, as well as provides printing services. Ringier AG has a joint venture, Ringier Axel Springer Media AG, with Axel Springer AG to align the international activities in Central and Eastern Europe. The company was founded in 1833 and is based in Zurich, Switz...

Dufourstrasse 23

Zurich,  8008

Switzerland

Founded in 1833

6,460 Employees

Phone:

41 1 259 61 11

Fax:

41 44 259 43 79

Key Executives for Ringier AG

Chief Executive Officer, Member of the Executive Board and Chief Executive Officer of Ringier Switzerland & Germany
Age: 49
Co-Owner, Chairman and Chairman of the Board of Ringier Holding AG
Age: 65
Chief Financial Officer
Age: 37
Compensation as of Fiscal Year 2014.

Ringier AG Key Developments

Ringier and Axel Springer Plan to Establish Joint Venture in Switzerland

The Ringier and Axel Springer are planning to establish a further joint venture, in which each party will hold an equal stake. The two companies have already signed a letter of intent to that effect. The plan is for the new joint venture to encompass all the magazine titles Ringier publishes in the German-speaking and French-speaking regions of Switzerland, along with all their online offerings, as well as Le Temps, Ringier's French-language quality newspaper. Axel Springer, for its part, will transfer the operations of its Axel Springer Switzerland subsidiary to the new joint venture. Axel Springer Switzerland manages all the Swiss publishing operations of Axel Springer SE. The new joint venture will operate under the name of Ringier Axel Springer Medien Schweiz and will have its registered offices in Zurich. Ringier will consolidate the planned company. With the new company, the two partners intend to achieve a significant improvement in their competitive position in the market for Swiss readers and advertisers.

Ringier Reportedly In Talks To Buy Le Temps

Ringier AG is in talks with Tamedia AG (SWX:TAMN) to buy Le Temps. Local media reported that Le Temps may be acquired at an alleged price of between CHF 9 million and CHF 10 million. The report added that until now, Ringier and Tamedia controlled 46.25% of Le Temps each. However, this shareholders structure turned out to be an ineffective way to bolster Le Temps's growth and the two decided to search for an investor. Meanwhile, a strategic partner was not found and the owners agreed that Ringier would buy Tamedia's stake.

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Recent Private Companies Transactions

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