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Largest media company in Switzerland From Wikipedia, the free encyclopedia
TX Group AG (formerly Tamedia AG) is a media company headquartered in Zurich, Switzerland. Through a portfolio of daily and weekly newspapers, magazines and digital platforms, as well as own printing facilities, it is the largest media group in the country. Since 2000, Tamedia has been listed on the Swiss Stock Exchange.[1]
You can help expand this article with text translated from the corresponding article in German. (December 2019) Click [show] for important translation instructions.
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Company type | Public |
---|---|
SIX: TXGN | |
Industry | Media |
Founded | 1893 |
Headquarters | |
Revenue | CHF 1064 million (2015) |
Number of employees | 3,700 |
Website | www.tx.group |
On January 1, 2020, Tamedia was renamed to TX Group AG.[2] Aside from group management functions, TX Group has four operating companies: TX Markets, Goldbach, 20 Minuten, and Tamedia.[3] The reuse of the Tamedia name for a subsidiary company, combined with reshuffling of brands, does create confusion.
In 2011, it was the biggest player in the Swiss press market, controlling a 41% market share, which rose up to 68% in French-speaking Romandie.[4] Its main competitors are NZZ-Mediengruppe and Ringier.[5]
Tamedia owns a wide range of daily and weekly newspapers and magazines in different languages. One of Tamedia's most important publications is the Tages-Anzeiger, a daily newspaper based in Zurich. Tamedia also owns the weekly SonntagsZeitung , the free national newspaper 20 Minuten/20 Minutes, the free Tagblatt der Stadt Zürich , the weekly financial newspaper Finanz und Wirtschaft , the women's magazine Annabelle,[6] the family magazine Schweizer Familie, the television supplement TV täglich, and the daily newspapers Thurgauer Zeitung and Zürichsee-Zeitung.
Further publications of Tamedia are:[7]
Between 2001 and 2011, the company also owned several local channels such as TeleZüri, Radio 24 (Switzerland) , and Radio Basilisk . Following the takeover of Edipresse's Swiss operations, Tamedia sold its Radio and TV channels in 2011.[8]
Besides its publishing segments, the media group Tamedia owns a digital portfolio with different online platforms.[9]
In December 2018, Tamedia invested on Monito, a comparison website for international money transfer services.[citation needed]
Tamedia is the leading participant of Newsnet, a joint venture of the Basler Zeitung as well as the Tamedia-owned newspapers BZ Berner Zeitung, Tages-Anzeiger, Der Bund, Le Matin, Tribune de Genève and 24 heures. Newsnet's editorial staff produces news content for these newspapers' web portals.[10] In 2015, the media group introduced the 12-App (#12) which presents the day's top stories from 21 editorial teams within Tamedia.[11] And with 20minuten.ch, Tamedia owns the biggest online newssite with the most unique clients in Switzerland.[12]
Its Zurich headquarters, completed in 2013, were designed by Japanese architect Shigeru Ban. Consisting of seven stories and 10,120 square metres (108,900 sq ft), the building uses timber as its main structural system, which is visible through its large glass windows.[14]
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