Westdeutsche Allgemeine Zeitung (WAZ)

The Westdeutsche Allgemeine Zeitung (WAZ), based in Essen, is not only the origin of today's FUNKE Media Group - it is also Germany's largest regional newspaper. It is the leading daily newspaper in the metropolitan areas of the Ruhr region in Essen, Bochum, Gelsenkirchen, Duisburg, Oberhausen and Mülheim. WAZ reaches around a third of the German population in its entire circulation area - from the southern Münsterland to the Niederberg region, from the Lower Rhine to the Unna area. Its sister newspapers, which also come under the umbrella of FUNKE Medien NRW, a member of the FUNKE Media Group, and with which the WAZ has some major editorial similarities, are the Neue Rhein / Neue Ruhr Zeitung (NRZ), the Westfälische Rundschau (WR), the Westfalenpost (WP) and the Iserlohner Kreisanzeiger (IKZ). The latter represents a minority holding. With its printed and digital offerings, FUNKE Medien NRW is a key component of the overarching FUNKE Media Group - and the umbrella brand for various media, services and business areas in and for North Rhine-Westphalia.

WAZ is published by Zeitungsverlag Niederrhein, which in turn is part of the FUNKE Media Group via FUNKE Medien NRW. Both the majority shareholder, FUNKE Mediengruppe, which operates numerous newspapers, magazines, radio stations and online services, pursues its own interests on the basis of its corporate strategy - as does the Presse-Haus NRZ foundation, which is a minority shareholder in Zeitungsverlag Niederrhein via Rheinisch-Westfälische Verlagsgesellschaft. It is also based in Essen.

Key facts

Audience Share

3.78%

Ownership Type

private

Geographic Coverage

national, regional

Content Type

paid content

Active Transparency

company/channel informs proactively and comprehensively about its ownership, data is constantly updated and easily verifiable

4 ♥

Media Companies / Groups

Funke Mediengruppe

Ownership

Ownership Structure

The FUNKE Media Group is wholly owned by Jakob Funke Medien Beteiligungs GmbH & Co. KG and Funke Management GmbH. Its owners are the heirs of Jakob Funke via branched shareholder structures. The FUNKE Media Group is organised as a partnership limited by shares, or KGaA for short. This is a legal form for companies that combines elements of a stock corporation (AG) with elements of a limited partnership (KG). The legal form of a partnership limited by shares is not very common in Germany. The shares of the FUNKE Media Group are 100% owned by the family around Petra Grotkamp. The daughter of WAZ co-founder Jakob Funke holds 100 per cent of the shares together with her children Julia Becker, Nora Marx and Niklas Wilcke.

Voting Rights

It is not known what influence the individual shareholders have within the shareholders' meeting. The shares in the publishing house that publishes the WAZ and in the FUNKE Media Group are interwoven via far-reaching corporate structures, at the end of which are the four members of the Funke family.

Individual Owner

Media Companies / Groups
Facts

General Information

Founding Year

1948

Affiliated Interests Founder

Erich Brost

born in 1903 in Elbing in West Prussia, was an editor at the Danziger Volksstimme newspaper in his younger years. In the Free City, he tried to prevent the rise of the National Socialists. But the people of Gdansk, unaware that they were bringing about the downfall of their city and the loss of their homeland, drove him out.

Affiliated Interests Ceo

Dr. Simone Kasik

has been Group Managing Director of the FUNKE Media Group since 2021. She is also Managing Director of FUNKE Medien NRW, majority shareholder of Zeitungsverlag Niederrhein, which publishes the WAZ. As Chief Financial Officer, Kasik is responsible for the commercial management of FUNKE. She has worked at FUNKE since 1991 and most recently headed the Group Controlling division since 2010 and additionally the Corporate Finance division since 2017. During this time, she played a key role in the successful takeover and integration of Axel Springer's newspaper and magazine titles from 2014 onwards. During her time at FUNKE, Kasik also managed Group-wide strategy projects and implemented Group-wide process optimizations and financing projects with her teams.

Affiliated Interests Editor-In-Chief

Andreas Tyrock

is editor-in-chief of the WAZ. Born in 1963, Tyrock initially studied social sciences at the Georg August University in Göttingen. In 1991, he joined the Braunschweiger Zeitung as a trainee. Since 1996, Tyrock has been responsible for press and public relations for the Braunschweig district government and becomes press spokesman for the district president. In 2001, he returned to the Braunschweiger Zeitung as part of the editorial team responsible for the politics section. From 2008, Tyrock worked for the General-Anzeiger in Bonn before moving to the Westdeutsche Allgemeine Zeitung as editor-in-chief in 2014.

Affiliated Interests other important people

Dr. Alexander Marinos

is Deputy Editor-in-Chief of WAZ.

Contact

Zeitungsverlag Niederrhein GmbH /

FUNKE Medien NRW GmbH

Jakob-Funke-Platz 1

45127 Essen, Deutschland

 

Telefon: +49 (0)800 - 60 60 760

Telefax: +49 (0)201 - 8 04 1070

E-Mail: kontakt@funkemediennrw.de

Webseite: www.funkemediennrw.de

Financial Information

Revenue (in Mill. $)

Missing Data

Operating Profit (in Mill. $)

Missing Data

Advertising (in % of total funding)

Missing Data

Market Share

Missing Data

Further Information

Meta Data

Specific financial information relating exclusively to Westdeutsche Allgemeine Zeitung (WAZ) and its publishing house is not available. This data is included in the consolidated financial statements of FUNKE Mediengruppe GmbH & Co. KGaA.

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  •  
    Global Media Registry
  • Funded by
    Funded by Deutsche Postcode Lotterie