Media group: “No longer a sensible alternative” – Burda is closing TV manufacturing | EUROtoday
The media group not sees an financial future for the manufacturing unit within the shrinking TV market – and is pulling the ripcord. 30 workers lose their jobs.
The media and know-how group Hubert Burda Media is closing its shifting picture unit Burda Studios. 30 remaining workers have been affected, the group confirmed upon request a report from the web service “Tichys Insight”.
Jan Wachtel is chargeable for the group’s media division as CEO Burda Media. He got here from competitor Bauer Media Group firstly of the 12 months after months of looking.
The supervisor is predicted to develop a method for the high-pressure publishing enterprise. This is the normal pillar of the Burda Group alongside the digital funding enterprise.
Reconstruction part
The resolution to shut Burda Studios comes throughout a part of restructuring: Since February 2025, writer Hubert Burda’s kids, Elisabeth Burda Furtwängler and Jacob Burda, have moved extra to the fore. The fourth technology of the Burda household now runs the household enterprise, whose best-known manufacturers embrace “Bunte” and “Focus”.
No different to closure
The causes for the closure of Burda Studios have been “continued declines in the linear TV business and a lack of economic prospects in the production of content for digital platforms,” the group mentioned in its assertion.
According to the knowledge, Burda Studios had been investing particularly in stabilizing the enterprise because the starting of 2025 with an already considerably lowered workforce. “The economic conditions have deteriorated further since then,” it mentioned. “There is now no sensible business alternative to closure.” A regulation was agreed with the works council.
dpa/discipline
https://www.welt.de/wirtschaft/article69f8f3f023e6b3dbf3c9901b/medienkonzern-keine-sinnvolle-alternative-mehr-burda-macht-tv-produktion-dicht.html