Springer Shows Interest for „Krone“ and „Kurier“

CompaniesTelecoms ♦ Published: October 1, 2011; 21:29 ♦ (Vindobona)

The German media group is willing to purchase the major stakes of the Austrian newspapers “Krone” and “Kurier” held by the German WAZ (Westdeutsche Allgemeine Zeitung).

Springer Shows Interest for „Krone“ and „Kurier“ / Picture: © Vindobona.org

The German Axel Springer media group intends to expand to Austria. Two big newspapers are in the focus of Springer group: the popular “Krone”, which is the most-read newspaper in Austria and “Kurier”, which is one of the most important newspapers in Eastern Austria.

WAZ owns a 50% share in Mediaprint, the common operating company of “Kurier” and Krone”. And…