Blic
 |
|
| Type | Daily newspaper |
|---|---|
| Format | Tabloid |
| Owner(s) | Ringier Axel Springer Media AG |
| Publisher | Ringier Axel Springer d.o.o. |
| Editor | Marko Stjepanović |
| Founded | 16 September 1996 |
| Political alignment |
Centre-left Populism |
| Headquarters | Žorža Klemansoa 19, Belgrade, Serbia |
| Circulation | ~58,000 copies sold (2016) |
| Website | www.blic.rs |
Blic is a daily middle-market tabloid newspaper in Serbia. Founded in 1996, Blic is owned by Ringier Axel Springer Media AG, a joint venture between Ringier media corporation from Switzerland and Axel Springer AG from Germany.
The initial owners of Blic, Austria-based businessmen Aleksandar Lupšić and Peter Kelbel, sold the paper along with its parent company Blic Press d.o.o. in November 2000 to Gruner + Jahr, a German publishing firm majority-owned by the Bertelsmann conglomerate, right after the October 5th overthrow in Serbia. Initially, G+J bought 49% stake in Blic Press d.o.o., but eventually bought the remaining stake as well.
In March 2003, Gruner + Jahr sold its 25.1% stake in Blic Press d.o.o. to Vienna Capital Partners (VCP) while retaining the remaining 74.9%.
After buying 74.9% stake in Blic Press d.o.o. from Gruner+Jahr in January 2004,Ringier AG assigned Attila Mihók to be the CEO of its new Serbian subsidiary that got renamed Ringier d.o.o. He performed the job until November 2007 and was in July 2008 succeeded by Jelena Drakulić.
In 2010, when Ringier AG and Axel Springer AG launched a new joint venture Ringier Axel Springer Media AG, Blic got incorporated among the assets of the newly created joint venture entity while Ringier d.o.o. in Serbia changed its name to Ringier Axel Springer d.o.o.
The joint Swiss-German entity owns and operates Blic through its local subsidiary Ringier Axel Springer d.o.o. (formerly Blic Press d.o.o. and Ringier d.o.o.), a limited liability company.
Blic online platforms such as blic.rs, 24sata.rs, and alo.rs are controlled by Ringier Digital AG, which has in July 2014 had its 49% stake bought by KKR, an American private equity firm specializing in leveraged buyouts. KKR thus increased its presence on the Serbian digital media and telecommunications market, having previously in October 2013 bought the majority stake in Serbia Broadband, leading Serbian cable and Internet provider.
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