It was certainly not easy for the management at CH Media to decide on a significant reduction in jobs. But this is an alleviation of the problem, never a cure.
Even after the merger, CH Media is financially without the large amounts of liquid funds that it needs. Whether the families around Dr. Supino and especially around Michael Ringier: They set south africa rcs data the course several years ago. Markets that are getting smaller and smaller and will never return in their old form can only be compensated for by acquisitions. If you want to be in a good position as a media company in 20 years - and you can't plan for more than that - then you can only do it with a full wallet.
The Ringier family has invested well over a billion Swiss francs in the digital future. This means that the company is well positioned for the medium term. At Axel Springer, where the same path was taken, the current figures speak for themselves: the group once again benefited from digital business. Its contribution to profits rose to 81.2 percent. These activities also contributed a good 69 percent of the group's sales and more than 85 percent of advertising revenues.