Getting rid of Montgomery worked few wonders for the soon-to-close Netzeitung
November 10, 2009
M. DuMont Schauberg (MDS) proved to be no saviour for Netzeitung, the German online only newspaper started in 2000 by the same company that launched Norwegian online newspaper Nettavisen in 1996.
Employees at was was once Mecom Germany were some of the most vocal opponents of Mecom and its boss, David Montgomery, and much was made of how the company would return to German ownership when the British company's German arm was acquired by MDS early this year. Alas, MDS proved to be no knight in shining armour for Netzeitung. Friday it was announced the pioneering online newspaper will close at the end of the year (article from yesterday, in German, via Piet Bakker on Twitter). Olav Anders Övrebö, who worked at Netzeitung in its early days, has more here and here.
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