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Dorothy Simpson I’m Dorothy Simpson, the proprie- today. He doesn’t look like it. Yeah. tor of Simpson’s Record Shop, But he had one, what was that? located on Six Mile, here in Detroit. «Mama told me to shop around.» We’ve been in the business since Yes, «Shop Around,» and some of 1966. I decided during that period the Supremes, and Aretha Frank- of time that I wanted to get into a lin. «Precious Lord,» one of the business, and that this would be very frst that I really remember something that my children and I her singing. I played that at home could work comfort- ably. That I could teach them the business, and it would be a good feld for us to get into. We thought that that would be a good thing for us to do and that’s what we did. And it just hap- pened to be 1966. We decided Decem- ber 3rd, 1966 was 3 gonna be our opening day, and that’s what we did. some, a little before I came into The original shop was around the the business. corner on Joseph Complex, at I’ve seen Smokey Robinson. I’ve 14034 Joseph Complex, near Six seen Stevie Wonder, The Mile. And about 1993 or so, we Dramatics. So many good artists moved to this particular area. The have come through town. B.B. original store was just me, my hus- King, Bobby Bland. Some of them band, and my children. I had six I saw them at the Fox, or I’ve seen children. And, of course, fve of them at some of the clubs, like uh, them was really involved. One was like The Twenty Grand, Phelps too young to do it. It was a family Lounge, I can’t think of all of them. business. That’s what it – that’s We’re in Conant Gardens now. what it is. Hamtramck is near. We started I came to Detroit in 1953 from out with basically Motown. And as Birmingham, Alabama. I can’t time went on, you know, and you Ringier Annual Report 2018 remember the frst record I heard. get a request for other things, then I guess when I really started paying we sold whatever the request was. them attention, it was like Motown And the things that we could get days, you know. With Smokey for them. I used to take our kids Robinson. It’s his 75th birthday to the Gray Stone Ballroom, but

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Dorothy Simpson 5 Ringier Annual Report 2018

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then then you know jazz. through went just We changes: then the gospel starts pick music. music. Then, at that gospel time not was very popular. Espe cially ‘cause that’s what vinyl-wise we had, vinyl. didn’t We do a lot with gospel but we did big things with the pop and the blues. And of, of course

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Dorothy Simpson 6 Ringier Annual Report 2018

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o a Publishing Publishing Technology & Data Technology Data Protection Data Marketplaces The artistThe Martine Syms Epilogue – Frank A. Meyer – Frank Epilogue TABLE OFTABLE CONTENTS 148 Page 152 Page Walder Marc – Growth Digital 156 Page 157 Page 161 Page From 177 Page From 188 Page 190 Page 198 Page From 208 Page From Page 192 Page From 196 Page Prologue – Michael Ringier Michael – Prologue Impressum ey fnancial data data fnancial ey Portfolios / Major group companies companies group / Major Portfolios The year in numbers – Annabella Bassler – Annabella numbers in year The h w

Table of contents 145 Ringier Annual Report 2018 BOARD OF DIRECTORS RINGIER AG From left to right: Claudio Cisullo, Member of the Board Proprietors Felix Oberholzer-Gee, Member of the Board Dr. Christiane zu Salm, Member of the Board Ringier 2018 Michael Ringier, President of the Board Lukas Gähwiler, Member of the Board ANNETTE RINGIER Dr. Uli Sigg, Deputy Chairman EVELYN LINGG-RINGIER «Never before at Ringier have we had so much innovation.» MICHAEL RINGIER MARC WALDER

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o a ently, ently, what they could do better, what they could do in a new way. My sincere thanks go them, to as all do of the shareholders, who will thanks enjoy see of our ing another increase in EBITDA year. this model. Because Marcel Duchamp Duchamp Marcel Because model. was deeply convinced that hardly most really know anything; we never We believe. simply we things really knew what would be com al we But ago. years way, our ing this in people the in believed ways company and in break our new ground. And we have ability to also been lucky enough often to thing. right the do and believe adopted adopted an artist as their role

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gaze upon in a museum, it is inex is it museum, a in upon gaze tricably linked to the will to inno some in operate not does Art vate. place outside society, but in the thick of it often however. outpacing And it, this model role a as serve can it where is precisely for us. Never before been has so much there innovation in Never our years. recent in as company so members many of have before our staf thought again and again about what they could do difer pletely new with them. He portrays portrays He them. with new pletely them as equal counterparts, heart big a with as energy of bundles of words the in head,» clear a and «Art». magazine the most world’s the of one not is too, admired works of art simply be cause it is superbly crafted. The real reason is that, for time, the the people depicted are there. in standing just not and motion Rembrandt painted a moment of change, «a paradigm shift,» Georg as Weber of the Amsterdam it. puts Rijksmuseum world the in artist richest the come because he was a master of his trade. It’s because all his life new a in he things see to urge the felt way and to do them diferently. But his Cubist phase might not have come about without the ex ample of Cézanne, who had also new for searching constantly been forms and before. years new perspectives, we century which artistof famous w f

Prologue 149 Ringier Annual Report 2018

Prologue 148 Ringier Annual Report 2018

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n cially cially to women. «He succeeded in not placing himself above the women (he painted), in art, his but of objects as not them viewing com something creating jointly in novation. Whether we survive as a as survive we Whether novation. ends artist an whether or company up in a museum, to be remem bered for generations, in depends to ability their or our on entirely Good novate. craftsmanship cer unques the is it part; a plays tainly uali tioned game at draughts all. gifted a Leonardo undoubtedly da was Vinci man ens. Rather, it was his vision of humanity that fascinated viewers of his works even then, his rela tionship to machines and espe are are more than just a of statement accounts in numbers and words. are also a they refec Sometimes an analysis tion of current events, of social processes or as with be to proven Martine Syms who’s they art her in this at adept highly tell stories. Artists often work like re they observe, They journalists. search, they analyse the but regards as free more they much are results of their thinking. In art, in more matter well may terpretation facts. than art: with common in thing another the urge but also the need for in elevate elevate him to the cultural heav e

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placed placed under emergency man declared declared bankruptcy and was dumps. dumps. Shortly it thereafter, also city was already down in the the the formerly fourishing industrial

lic village. village. lic like Asterix and Obelix in their Gal their in Obelix and Asterix like ply ply survive with a magic potion 186-year-old publishing company 186-year-old from o old old record store in Detroit or a ethics. ethics. hether it is a ders, and nor does it care about talization talization does not respect bor is is neither local nor na away in America. Structural change change Structural America. in away not not just some distant reality, far f vided into rich and poor by gentri by poor and rich into vided More than ever, Detroit is More now di than ever, turn turn is claiming its own victims: report, she us shows that the up travelled travelled to Detroit. In this annual

ered an iconic work by the artist. the by work ered an iconic naissance ceilings, is now consid now is ceilings, naissance only only multi-story car park with Re into into what is probably the world’s elict elict Michigan Theatre, converted fore. His picture of the utterly der utterly the of picture His fore. documented documented the decay years be agement. agement. tors Detroit. Detroit. By the time do, do, there is hardly a city to rival unresolved unresolved structural change can In terms of visualizing the damage damage the visualizing of terms In

Michael Ringier, Publisher PROLOGUE younger younger than Stan Douglas, also t t Ralph Büchi Head of Publishing Ringier

Dr. Annabella Bassler Marc Walder Robin Lingg Alexander Theobald CFO Ringier CEO Ringier Head of Marketplaces Ringier COO Ringier Switzerland

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amount. accounted for 71 for accounted 1004.2 1004.2 million. Digital business above their prior-year level at CHF CHF at level prior-year their above revenues revenues for 2018 were slightly year year to CHF 113.0 million. Total CHF 110.6 million of CHF the 110.6 previous fourth year in succession, from the the from succession, in year fourth amortization amortization (EBITDA) for the terest, terest, taxes, depreciation and increased increased its earnings before in reap rewards. For 2018 the Group the 2018 For reap rewards. the the Ringier Group continues to The The consistent transformation of

Marc Walder,CEO INCREASED AGAIN OPERATING PROFIT the the Group’s two main business g t platforms and anibis.ch welcomed earnings that were a sizeable im- CEO CEO erate some 200 million video views a new top management team at provement on 2017. a month. And our Ringier One Af- 62W+52L the beginning of 2018. The Scout24 2018 proved a favourable year for rica Media (ROAM) joint venture, Group went on to lay the founda- our International companies, too. in which we acquired a majority Two key group-level initiatives were tions for its further strategic devel- Ringier Axel Springer Media AG interest in 2018, operates over a launched and pursued in 2018 by opment in the course of the year. (RASMAG), which serves Eastern dozen marketplace companies, the Group Executive Board. Parallel to this, it delivered another Europe, faces a challenging politi- most of which are leaders in their The frst of these was the crea- excellent operating performance cal environment in most of the feld, in seven ast and est Afri- tion of the “Six-to-Win” Strategy for the period, and achieved fur- countries in which it is active. De- can countries. Framework. In Six-to-Win (62W) ther quality growth. spite this, RASMAG further In Asia we have been focusing we have defned si central strat- The same can be said of Job- strengthened its market position our activities since 2018 on the egy planks – from customer align- Cloud, which made further pro- in Poland, Slovakia, Hungary, Ser- two growth markets of Vietnam ment to proftability that specify gress with its prime jobs.ch plat- bia and the Baltic states. To take and Myanmar, in the latter of which where all the various parts of the form and elsewhere, and delivered just one example here, Pol- we acquired MyJobs.com.mm, Ringier Group need to focus their outstanding earnings results in all ish-based Onet has evolved from the country’s leading online jobs energies and activities to ensure its business areas. a news aggregator into the coun- platform. its sustained success. This six- The segment added to its port- try’s leading digital news platform, The Ringier Group has success- plank structure is also refected in folio with the acquisition of an eq- with a focus on quality video for- fully transformed itself from a clas- the text by CFO Annabella Bassler uity holding in another young and mats that have been developed sic publishing house into a mod- in the fnancial section of our An- innovative company. Having pur- in-house. Onet achieved some ern and diversifed media corpo- nual Report. chased a minority stake in krain- 300 million video views a month in ration over the past few years. The The second key initiative was ian next-generation marketplace 2018, making it one of Europe’s transformation is refected in the the defnition of our overarching frm Lalafo the previous year, we leading news portals. 154 155 fgures for the share of the roup’s Five-to-Lead Leadership Princi- made our frst investment in block- Our Romanian business, which total revenues that is contributed ples. Five-to-Lead (52L) lays down chain technology with the acquisi- operates independently of RAS- by its digital businesses, which the fve principles to which all the tion of a holding in the BOT Labs MAG, also showed encouraging rose from 42 % in 2017 to 46 % in Ringier Group’s executives should start-up in 2018. developments – thanks in particu- 2018. The digital businesses’ share align their leadership practices: 1) Ticketcorner not only further lar to the eJobs and imobiliare of total EBITDA showed an even Focus, 2) Communications, 3) De- consolidated its already strong marketplace portals, which are stronger increase, from 66 % in velopment, 4) Trust and 5) Entre- market position in 2018, but also being further strengthened by the 2017 to 71 %, making the Ringier preneurship. made more progress in its own new metaportals whose develop- Group one of the leading interna- 62W and 52L are intended to digital transformation. Ticket- ment was embarked on in the tional media corporations. provide a set of overall parameters corner now sells some 85 % of all course of the year. On the publish- that are valid for all the 100-odd its tickets online. ing front, our Romanian portfolio companies of the Ringier Group, e are also satisfed with the was expanded through the pur- however diferent their business development of our e-commerce chase of Gazeta Sporturilor, the models, business maturity or geo- cluster of DeinDeal/MyStore and country’s leading sports newspa- graphical market may be. Geschenkidee.ch. All these plat- per and platform. forms invested substantially in Our African operations also con- Ringier Annual Report 2018 Ringier Annual Report 2018 EMPLOYEE DATA 2018 2018 in enhancing their product tinue to grow. Ringier Africa Digital Switzerland 2978 quality. DeinDeal/MyStore had a Publishing (RADP) and its Pulse Eastern Europe 3359 particularly good year and, with brand are active in Nigeria, Ghana Asia and Africa 921 its new management, generated and Kenya, where they now gen- Total 7258

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Publishing 163 Ringier Annual Report 2018

Publishing 162 Ringier Annual Report 2018

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Publishing 165 Ringier Annual Report 2018

Publishing 164 Ringier Annual Report 2018

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Publishing 169 Ringier Annual Report 2018

Publishing 168 Ringier Annual Report 2018

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Publishing 173 Ringier Annual Report 2018

Publishing 172 Ringier Annual Report 2018

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Publishing 175 Ringier Annual Report 2018

Publishing 174 Ringier Annual Report 2018

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Marketplaces 177 Ringier Annual Report 2018

Publishing 176 Ringier Annual Report 2018

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Marketplaces 179 Ringier Annual Report 2018

Marketplaces 178 Ringier Annual Report 2018

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Marketplaces 181 Ringier Annual Report 2018

Marketplaces 180 Ringier Annual Report 2018

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Marketplaces 183 Ringier Annual Report 2018

Marketplaces 182 Ringier Annual Report 2018

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Marketplaces 185 Ringier Annual Report 2018

Marketplaces 184 Ringier Annual Report 2018

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Marketplaces 187 Ringier Annual Report 2018

Marketplaces 186 Ringier Annual Report 2018

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Technology & Data 188 Ringier Annual Report 2018

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Data Protection 191 Ringier Annual Report 2018

Data Protection 190 Ringier Annual Report 2018

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Interview 193 Ringier Annual Report 2018

Interview 192 Ringier Annual Report 2018

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listen listen to it and loudly, not on my sic sic as a I uniue activity. want to To me it does. I To can to mu listen Does it even matter how we lis we how matter even it Does ten music? to or on shitty on or speakers. mixed to be played on your phone, phone, your on played be to mixed last last ten years, music has been was mied diferently. In the the In diferently. mied was music music that was recorded before Actually, Actually, this song! Most of the cord than phone? on your rather listen to on a vinyl re Is there any song that you’d speaker system. speaker At home I connect the phone to a to phone the connect I home At on on my phone, with headphones. In In the hotel I normally listen to it you listenyou it? to That’s That’s jazz from 1970. How do krishna listening listening to For the past six months I’ve been I’ve months six past the For favourite song? favourite Martine Syms, do you have a

scription. still has a print newspaper sub Ringier Ringier Group – and why she store in Detroit has to do with the the do with has to in Detroit store us us what the closure of a record and photography. and Here photography. she tells through her videos, performance the the depictions of Black America who was born in 1988, delves into into delves 1988, in born was who InterviewedHossli byPeter THE MARTINEARTIST SYMS - a

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Interview 195 Ringier Annual Report 2018

Interview 194 Ringier Annual Report 2018

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Publishing Portfolio 198 Ringier Annual Report 2018

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Publishing Portfolio 200 Ringier Annual Report 2018

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Publishing Portfolio 202 Ringier Annual Report 2018

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Marketplaces Portfolio 204 Ringier Annual Report 2018

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