KirchMedia

Type
Bankruptcy
Country
Germany
Region
Location of affected unit(s)
Sector
Media
60 - Programming, broadcasting, news agency and other content distribution activities
60 - Programming, broadcasting, news agency and other content distribution activities
60 - Programming, broadcasting, news agency and other content distribution activities
160 - 240 jobs
Number of planned job losses
Job loss
Announcement Date
21 February 2003
Employment effect (start)
1 February 2003
Foreseen end date
1 December 2003

Description

Bauer-Verlag interested in buying Kirch Media (insolvency), would like more jobs to be suppressed by the end of the year.

Citation

Eurofound (2003), KirchMedia, Bankruptcy in Germany, factsheet number 59674, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/59674.