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% |
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| Ownership Type | Private |
| Geographic Coverage | National |
| Content Type | Paid |
| Active Transparency | company/channel informs proactively and comprehensively about its ownership, data is constantly updated and easily verifiable |
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. |
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| 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. |
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Media Companies / Groups
Facts
| Founding Year | 1948 |
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| Contact | Zeitungsverlag Niederrhein GmbH / FUNKE Medien NRW GmbH Jakob-Funke-Platz 1 45127 Essen Germany kontakt@funkemediennrw.de +49 (0)800 - 60 60 760 www.funkemediennrw.de |
| Revenue | Missing Data |
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| Operating Profit | Missing Data |
| Advertising (in % of total funding) | Missing Data |
| Market Share | Missing Data |

