CH Media Shuts Down Today Portals

Published: 2024-11-12

CH Media has abruptly closed its six regional Today news portals, citing declining revenue and lack of profitability.

The decision affects 34 employees who will lose their jobs, while 22 others are offered alternative positions within the company.

The portals, launched in 2015, aimed to integrate regional TV, radio, and online content but failed to achieve necessary financial targets.

Despite increasing audience reach, the portals could not compete in the challenging online market.

The closure reflects broader struggles in the Swiss media landscape, with significant job cuts across major media companies.