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Ringier

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Ringier Group
Company typeStock Corporation
IndustryMedia
Founded1833
HeadquartersZürich, Switzerland
Key people
Michael Ringier, Chairman, Marc Walder, CEO since 2012
RevenueIncrease CHF 946 million (2015)
Number of employees
6'544 (2015)
Websiteringier.com

Ringier AG is an internationally active, modern media group in Switzerland, with an integrated and diversified value creation chain. Founded in 1833 in Zofingen and based in Zürich. The current strategy is based not only on media but also on e-commerce and entertainment. It has a yearly income of approximately 940 million CHF and over 6,500 employees in sixteen countries.[citation needed]

Activities

The world-wide activities of Ringier include:

  • Information in print and digital publications with strong media.
  • The digital business, mainly internet based and mobile e-commerce-services like shopping webpage’s or online marketplaces.
  • The entertainment sector includes all activities around television, radio, events and amusement-services (such as ticketing).

Publications

In Switzerland, in German:

In Switzerland, in French:

In Switzerland, in Italian:

  • Il Caffè

Eastern Europe, Africa and Asia:

Together with the German publishing company Axel Springer Ringier launched in 2010 the joint venture Ringier Axel Springer Media AG. The joint venture is in Hungary, Poland, Serbia and Slovakia acitv. In China, Vietnam, Ghana, Senegal, Nigeria, Kenia, Uganda, Tansania and Myanmar Ringier publishes different media on- and offline.

Entertainment

Radio stations, TV shows, events, ticketing and marketing services. Ringier Entertainment is closely linked to the media world, plays popular music, produces TV shows, and organises and hosts major lifestyle and sporting events.

TV

Ringier has a share of the Swiss programming of Sat.1 and produces lifestyle TV formats like Energy TV or Landliebe TV.

Radio

The portfolio includes the two private radio stations Energy Zurich and Energy Bern, where Ringier and the NRJ Group both take shares in. In addition to this, Ringier holds a minority shareholding in Energy Basel.

Events

Ringier organizes the music festival Moon and Stars in Locarno as well as Radio Energy’s event formats Energy Stars For Free, Energy Live Session, Energy Fashion Night, Energy Air.

Services

The group participates in several marketing and consulting services in the entertainment and events sector.

InfrontRingier: sports marketing agency, i.a. Swiss Football League, Swiss Ice Hockey Cup, Tour de Suisse, Swiss Indoors Basel, B2RUN

Ticketcorner: marketing and sales of events

Digital

Ringier Digital is the fastest-growing business unit of Ringier AG. Its portfolio includes the leading Swiss online marketplaces and e-commerce platforms.

Marketplaces

The leading online marketplaces in Switzerland belong to the portfolio of Ringier. Scout24, which includes the brands AutoScout24, MotoScout24, ImmoScout24 and JobScout24, and JobCloud are the market leaders in the online classified ad market for cars, real estate, jobs and personal ads. Since spring 2016 „Schweizerische Mobiliar“ holds 50% of shares in Scout24 Switzerland AG. Ringier however still consolidates the company.

Internet

With various e-cmmerce platforms like DeinDeal.ch and geschenkidee.ch, Ringier is well-positioned. In cooperation with bank zweiplus, Ringier manages the platform cash.ch.

Ringier School of Journalism

In 1974, Hans Ringier founded the first journalism school in Switzerland.[2] Since then, many of today’s prominent media-creators have learned the journalistic trade at the «Jou-Schu». Even publisher Michael Ringier and Ringier’s CEO Marc Walder attended the in-house school.[3] The journalism school is operated by the Hans Ringier Foundation. The president of the foundation board is Frank A. Meyer. Hannes Britschgi heads up the Ringier School of Journalism.[4]

Printing plants

Essential to the main business of the company are several printing plants in Switzerland (Zofingen and Adligenswil). The printing plantin Zofingen was founded in 1833 and has since then been integrated into Swissprinters.[5] Since 1975 Ringier Print in Adligenswil prints internal and external newspapers.[6]

Other activities

Ringier holds a minority shareholding in Sat. 1 Schweiz AG, in SMD Schweizer Mediendatenbank and in Schober Direct Media AG.[7]

History

In 1833 Johann Rudolf Ringier purchased a printing plant in the Swiss town of Zofingen and began by printing regional gazettes and school curriculums. The small workshop soon evolved into a national newspaper-publishing house. Schweizer Illustrierte was first published in 1911 using letterpress. [8] It was Switzerland's most successful people magazine and remains so to this day. Ten years later the equivalent for french-speaking Switzerland L’Illustré was launched. Between 1948 and 1994 Ringier published comic stories of Ringgi and Zofi. In 1959 Ringier took the Swiss public by surprise launching the country's first tabloid, Blick.[2] With SonntagsBlick appeared the first Sunday Paper in 1969 on the market. In 1974, Hans Ringier founded the first journalism school in Switzerland.

In 1977 Schweizerische Allgemeine Volkszeitung became Glückspost.[9] The Ringier-Pressehaus in Zurich Seefeld was opened in 1978. In the 1970‘s, the Swiss Ringier AG acquired the Munich publisher “Heering-Verlag” and changed the name to “Ringier Deutschland GmbH” (Ringier Germany). The publishing house primarily focused on photography for books and magazines. Ringier Germany employed around 100 people and published eight monthly magazines plus special editions (e.g. Globo, Kundenmagazin BMW, fotoMagazin). In 2001 Ringier Germany closed its doors. In 2004, Ringier Publishing GmbH in Berlin launched the magazine Cicero and thus returned to the German market.[10] The printing plant Times-Ringier in Hongkong was founded and opened in 1987. In 1989 and 1990 business began in czech republic and romania. The programmes Cash-TV, Spotlights, MotorShow and Gesundheit-SprechStunde launched in 1993, two years before the show PresseTV was first broadcast.[citation needed] In the same year, activities in Bulgaria, Poland, Hungary and Vietnam started. However the activities in Poland and Bulgaria stopped after three years.[citation needed] In 1999 Ringier acquired a 50% share in the TV-channel Sat.1 Schweiz.[citation needed]

In 2001 Ringier sold half the shares of Betty Bossi to Coop. On May 15, 2006, the company launched heute, Switzerland‘s first free evening newspaper. Blick am Abend replaced heute on June 2, 2008. In June 2007, the publication of the economic journal Cash was stopped after 18 years. On December 21, 2012, Coop acquired the remaining 50% shares of Betty Bossi from Ringier.

On November 24, 2005, Chairman Michael Ringier announced that former German chancellor Gerhard Schröder will advise the company in important matters starting January 2006.

In 2009 Ringier transferred its physical picture archive to the Aargau state archive.

In 2010 the editorial offices of Blick, SonntagsBlick, Blick am Abend and Blick.ch, together with Web-TV, were joined together to form the largest and most modern newsroom in the country.[11]

The gradual expansion into the growth markets in Africa in 2011, focused primarily on digital services.[12]

At the beginning of 2012 Ringier founded a joint venture with bank zweiplus under the existing umbrella brand cash, which offers online-, finance- and economic information, online financial-services and online banking. The entire direct client business of bank zweiplus was outsourced into this company.[13]

Together with zurich publishing house Tamedia, Ringier acquiredthe jobs.ch Holding AG from the US associated company Tiger Global Management. In October 2012, the competition commission gave its approval for the acquisition of the largest job platform in Switzerland.[14]

In July 2014 Ringier[15] announced the sale of 49% shares of the subsidiary Scout24 Switzerland AG to the American investor KKR. This partnership was the first of its kind in the 180-year company history of Ringier. By spring 2016, Schweizerische Mobiliar took over the shares of KKR and since then holds 50% of the Scout24 Switzerland AG.[16] Ringier still consolidates the company.

Joint Venture with Axel Springer in Eastern Europe

On March 23, 2010, Ringier and the German media company Axel Springer announced their intention to form a joint venture headquartered in Zurich, both companies hold 50%. The joint venture is called Ringier Axel Springer Media AG. Axel Springer AG paid a contribution in cash of around EUR 50 million and paid EUR 125 million to compensate Ringier. The purpose of the joint venture is to combine all activities in Eastern Europe of the two companies inside one holding. Axel Springer AG brought the business of its subsidiaries in Poland, Czech Republic and Hungary, while Ringier brought its business in Serbia, Slovakia, Czech Republic and Hungary. Ringier and Axel Springer together own over 100 print titles (34 newspapers, 73 magazines) and more than 70 online platforms and established themselves as one of the biggest media companies in the Eastern Europe market (March 2010). Overall the joint venture is the market leader in tabloids and one of the largest provider of magazines. Mark Dekan is currently the CEO of Ringier Axel Springer Media AG.[17] Chairman of the board is Ralph Büchi, President of Axel Springer International.[18][19][20]

In 2002, it was rumoured that Axel Springer AG was planning an acquisition of Ringier AG.[21]

In July 2007, Springer acquired the German TV programme guides TELE, TV4 and TV2 from Ringier through the subsidiary company Jean Frey AG.[22]

Joint Venture with Axel Springer in Switzerland

On January 1, 2016, the Swiss joint venture Ringier Axel Springer Schweiz AG was founded together with Axel Springer.[23] The media company’s remit includes both companies’ entire magazine portfolios in Switzerland as well as the Le Temps and Handelszeitung newspapers. It employs around 600 people and is located in Zurich.

Ringier Deutschland GmbH

The two premium titles Cicero and Monopol have changed hands: Cicero Editor-in-Chief Christoph Schwennicke and Deputy Dditor-in-Chief Alexander Marguier took over the two high-end products on May 1, 2016, as part of a management buyout.[24]

On April 4, 2016, the joint sales and marketing organisation from Ringier, Swisscom and SRG began operations under the name Admeira.[25] The project was first launched on August, 17, 2015, and Marc Walder was among its initiators.[26]The venture’s objective of keeping more digital advertising funds in Switzerland was met with criticism from competitors, which led to Ringier’s immediate withdrawal from the Swiss Media Association on August 20, 2015, just three days after the launch was announced.[27]


Documentation

  • Christian Kolbe: Spuren der Zeit 175 Jahre Ringier – Patriarchen, Presse und Profit. In: DOK, Schweizer Fernsehen, 5. Mai 2008.[28]

Literature

  • Karl Lüönd: Ringier bei den Leuten. Die bewegte Geschichte eines ungewöhnlichen Familienunternehmens. NZZ Libro, Zürich 2008, ISBN 978-3-03823-400-5.
  • Peter Meier, Thomas Häusler: Zwischen Masse, Markt und Macht. Das Medienunternehmen Ringier im Wandel (1833–2008). Chronos, Zürich Februar 2010, ISBN 978-3-0340-0952-2.


References

  1. ^ "Ringier AG, an international media enterprise". Retrieved 2007-08-22.
  2. ^ 40 Jahre Ringier Journalistenschule. In: Medienmitteilung der Ringier AG. 14. Dezember 2014.
  3. ^ 40 Jahre Ringier Journalistenschule. Das grösste Klassentreffen der Schweiz. In: Blick. 9. Dezember 2014.
  4. ^ Hannes Britschgi wird neuer Leiter der Ringier-Journalistenschule. In: Medienmitteilung der Ringier AG. 14. Dezember 2010.
  5. ^ Unternehmensgeschichte Swissprinters.
  6. ^ Offizielle Website von Ringier Print Adligenswil LU.
  7. ^ Liste der Beteiligungen der Ringier AG.
  8. ^ Offizielle Website der Schweizer Illustrierten.
  9. ^ Entstehung der GlücksPost.
  10. ^ «Cicero» – Ringier kehrt nach Deutschland zurück. In: swissinfo.ch. 25. März 2004.
  11. ^ Edi Estermann: So funktioniert der Newsroom bei BLICK. In: Blick. 12. März 2010.
  12. ^ Beat Gygi: Als Schweizer Medienhaus in afrikanischen Märkten. In: NZZ. 3. Dezember 2014.
  13. ^ Ringier und bank zweiplus gründen Joint Venture. In: Medienmitteilung der bank zweiplus. 5. Juli 2011.
  14. ^ Ringier und Tamedia planen Übernahme von jobs.ch – Kooperation im internationalen Wettbewerb. In: Medienmitteilung der Ringier AG. 12. September 2012.
  15. ^ Ringier und KKR investieren gemeinsam in das Wachstum von Ringiers digitalem Geschäft. In: Medienmitteilung der Ringier AG. 14. Juli 2014.
  16. ^ Die Mobiliar erwirbt die Anteile von KKR an der Scout24 Schweiz AG und wird neue Mitaktionärin neben der Ringier AG. In: Medienmitteilung der Ringier AG. 30. März 2016.
  17. ^ Mark Dekan wird neuer CEO der Ringier Axel Springer Media AG. In: Medienmitteilung der Ringier Axel Springer Media AG. 25. Februar 2013.
  18. ^ Axel Springer AG und Ringier AG bündeln Aktivitäten in Osteuropa. In: Medienmitteilung der Axel Springer AG. 23. März 2010.
  19. ^ Ringier AG und Axel Springer AG bündeln Aktivitäten in Osteuropa. In: Medienmitteilung der Axel Springer AG. 24. März 2010.
  20. ^ Ringier AG und Axel Springer AG bündeln Aktivitäten in Osteuropa at the Wayback Machine (archived March 27, 2010). In: Medienmitteilung der Ringier AG. 23. März 2010.
  21. ^ Übernahme-Poker: Springer will offenbar Ringier kaufen. In: Spiegel Online. 19. September 2002.
  22. ^ Axel Springer kauft Schweizer Programmzeitschriften von Ringier. In: Medienmitteilung der Axel Springer AG. 21. Juni 2007.
  23. ^ Vertragsunterzeichnung erfolgt: Ringier und Axel Springer gründen Gemeinschaftsunternehmen in der Schweiz. In: Medienmitteilung der Ringier AG. 17. September 2015.
  24. ^ Management-Buy-out von Cicero und Monopol in Deutschland. In: Medienmitteilung der Ringier AG. 17. Februar 2016.
  25. ^ Werbeallianz: Joint Venture heisst Admeira. In: SRG.D. 17. März 2016.
  26. ^ Innovative Werbeangebote für die Schweiz: Ringier, SRG und Swisscom bündeln die Vermarktung ihrer Werbedienstleistungen. In: Medienmitteilung der Ringier AG. 17. August 2015.
  27. ^ Austritt von Ringier aus dem Verband Schweizer Medien (VSM). In: Medienmitteilung der Ringier AG. 20. August 2015.
  28. ^ Spuren der Zeit 175 Jahre Ringier - Patriarchen, Presse und Profit at the Wayback Machine (archived June 17, 2012). In: DOK SF. 5. Mai 2008.
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