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Sme

Sme (stylized as SME) or Denník Sme (lit.'We Are Daily') is one of the widely-read mainstream broadsheets in Slovakia. Its website is one of the most-visited internet portals in Slovakia.[2]

Key Information

Ownership status

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In June 2016, the Antimonopoly Office approved the transaction of the investment group Penta.[3] At the end of 2017, represented by the company News and Media Holding,[4] Penta decreased to 40% after the latter company sold a five percent share in the share capital to the majority owner Prvá slovenská investičná skupina.[5] The transaction of Penta financial group was announced on 22 April 2021.[6]

History

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Founded in mid-January 1993, Sme is published six times a week by Petit Press.[7] The sister newspapers of SME include The Slovak Spectator, Új Szó, Korzár and various regional My noviny newspapers[8]

Its circulation was 76,590 copies in December 2006, 53,000 in 2011, 62,890 copies in September 2012,[9] and 32,853 in January 2015 [10]

In 2014, Namav, a subject subvenced by the Penta Investments group, announced the purchase of Petit Press, the publisher of the newspaper. In reaction, a major part of the editorial board, including the editor-in-chief, announced their resignation. Matúš Kostolný, the departing editor-in-chief, stated: "We are leaving SME and we will try to create a new medium that no one will suspect that it serves someone other than the readers".[11]

Six years after the hostile takeover, Penta Investments group left Petit Press in 2021.[12][13]

References

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