CNN Money Switzerland will close its operations and file for bankruptcy as a result of being hit by the economic ill-effects of the pandemic and declining revenues, reports Reuters.
While audience figures for the audiovisual programs increased over the past six months, revenues plummeted as business partners hit hard by the coronavirus cancelled or postponed contracts with the company.
The board said that the “future of the Swiss media market did not point to a sustainable profitability solution for the channel’s activities.”
The probation commissioner will preside over the liquidation of the company.
The Star Tribune is seeking an accomplished, motivated and versatile journalist and leader to shape…
The Deputy AME-Business is responsible for the development and planning of coverage on all Newsday…
CNBC.com managing editor Jeff McCracken announced Friday the following promotions: In San Francisco, Ari Levy has…
This Newsday reporter will cover Long Island’s commercial real estate market and the region’s evolving…
The New York Times is looking for a versatile editor to edit enterprise and feature…
International editor Matt Lamers is leaving Marijuana Business Daily. He has been there for seven years. Lamers…