Paris, Hamburg, April 23rd, 2019 – Bauer Media Group has entered today into an exclusive negotiation process, subject to the usual employee representatives consultation, for the acquisition of Télécâble Sat Hebdo, one of the leading TV magazines, owned by Hommell Group. This acquisition would strengthen Bauer’s position on the French market.
Télécâble Sat Hebdo is the most comprehensive TV magazine on the French market: it ensures full coverage of all TV channels, combined with popular editorial content. Bauer Media France has a clear focus on entertaining readers‘ everyday lives, as reflected by the magazine brand Maxi. Globally, the company has a great track record in building successful TV listings, among others the world’s largest newsstand magazine TV14. The acquisition is part of Bauer’s global publishing strategy to capitalize on its leading position in publishing, investing in new launches, concepts and business models around its strong brands, whilst actively participating in the consolidation of the industry and pursuing opportunities in new areas.
Nicolas Sauzay, CEO Bauer Media France, says: “Télécâble Sat Hebdo has a unique proposition and a very loyal readership. These are the achievements of an excellent editorial team and sensitive publishers who know their readership in depth. We would be proud to continue the success story of this iconic magazine brand under the flag of Bauer Media Group.”
Mr Hommell: "Given the global experience in publishing TV listings magazines, Bauer Media Group is the perfect owner for Télécâble Sat Hebdo. The magazine is in good shape and we are confident it will have a bright future perspective under the ownership of one of the largest publishing houses.”
About Bauer Media Group
The Bauer Media Group is one of the world’s most successful media companies. We embrace tradition while still keeping our finger on the pulse. Our people create magazines, digital formats, and radio on four continents. With more than 700 magazines, 400 digital products, and 100+ radio stations, we inform and entertain millions of people every day. Simultaneously, we are shaping tomorrow: with investments in online comparison platforms and other young business models, we are setting the course for a successful future as a global portfolio company.
About Télécable Sat
Founded in 1990, the weekly magazine is the most comprehensive TV guide on the market and ensures the coverage of 140 TV channels combined with popular editorial content. The magazine presents 16 pages per day in order to facilitate the choice of viewers and enhance their user experience. With a paid France circulation of 485,138 copies (2018 OJD source), Télécâble Sat Hebdo is the only player in the TV segment to record a circulation growth in 2018.
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