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CH Media expects decline in ad revenues, to invest in streaming offer

Tuesday 14 April 2020 | 17:22 CET | News
Swiss media company CH Media expects its ad revenues to fall by around 50 percent in April, according to Roger Elsener, managing director of the entertainment division, Tagesanzeiger reports. CH Media has decided to reduce the working hours for its employees as a result of the Covid-19 pandemic. The amount of work for employees may be reduced by up to 30 percent, depending on the department. Moreover, CH Media is cutting expenses for its in-house productions, including the program 'Bumann the restaurant tester', which has been suspended, Elsener added.  

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Categories: Broadcast & Satellite / Internet
Companies: CH Media
Countries: Switzerland
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