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ots Ad hoc-Service: WEB.DE AG <DE0005296503> WEB.DE takes over 12.5% of Radio 96 and pushes convergence of Internet and radio
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Ad hoc pursuant to section 15 of the Securities Trading Act (WpHG)
WEB.DE takes over 12.5% of Radio 96 and pushes convergence of Internet and radio
With immediate effect, Karlsruhe-based WEB.DE AG is taking over 12.5% of Radio 96 Baden Airport GmbH, Rheinmunster, as part of its investment strategy announced in the course of the IPO. In future, WEB.DE is increasingly looking at including conventional media within its Internet portal environment, thus supplementing WEB.DE services with regional contents. The investment in Radio 96 is a first step towards this goal. Radio is the most effective Communication-tool on a regional basis.
The investment in Radio 96 also enables WEB.DE to enter the partly controlled market of radio and TV stations. This is of special importance against the backdrop of possible, future Internet Radio and TV offers. "We are proud of this first investment in regional media. There is an enormous potential for shaping regional services together with local media companies, increasing the customer benefit and, last but not least, opening local advertising markets for WEB.DE," claims Matthias Hornberger, WEB.DE AG's Board member for business development.
Contact:
WEB.DE AG, Richard Berg, Investor Relations, tel. +49 (0) 721
94329 260, fax. +49 (0) 721 94329 22, e-mail rb@webde-ag.de,
http://webde-ag.de, http://www.radio96.de
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