German Vox web chief out

Erich Staake, chief of ailing German private web Vox, is out effective immediately, the station’s board announced Thursday.

Bernd Schiphorst, president of Ufa, will take over Staake’s job for the time being. Ufa, Bertelsmann’s electronic media arm, is a major shareholder in the information-oriented web.

Since startup six months ago, Vox’s earnings and market share have fallen far short of expectations. Last month, program director Ruprecht Eser abruptly departed. Eser’s successor, Klaus Klenke, assumed his post July 1.

In addition to heavy losses, Vox is plagued by rumors that shareholders, particularly the Holzbrinck Group, want to bail out. The station is currently trying to boost ratings by acquiring rights to high-profile tennis matches.

Want to read more articles like this one? SUBSCRIBE TO VARIETY TODAY.
Post A Comment 0

Leave a Reply

No Comments

Comments are moderated. They may be edited for clarity and reprinting in whole or in part in Variety publications.

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

More TV News from Variety