Sme Explained

SME
Type:Daily newspaper
Foundation:January 1993
Publisher:Petit Press
Language:Slovak
Political:Left liberalism
Circulation:32,853 (January 2015)
Headquarters:Bratislava, Slovakia
Sister Newspapers:The Slovak Spectator, Új Szó, Korzár and various regional My noviny newspapers

Sme (stylized as SME) or Denník Sme is one of the widely-read mainstream broadsheets in Slovakia. Its website is one of the most-visited internet portals in Slovakia.[1]

Ownership status

In June 2016, the Antimonopoly Office approved the transaction of the investment group Penta.[2] At the end of 2017, represented by the company News and Media Holding,[3] 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.[4] The transaction of Penta financial group was announced on 22 April 2021.[5]

History

Founded in mid-January 1993, Sme is published six times a week by Petit Press.[6] The sister newspapers of SME include The Slovak Spectator, Új Szó, Korzár and various regional My noviny newspapers[7]

Its circulation was 76,590 copies in December 2006, 53,000 in 2011, 62,890 copies in September 2012,[8] and 32,853 in January 2015 [9]

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".[10]

Six years after the hostile takeover, Penta Investments group left Petit Press in 2021.[11] [12]

Notes and References

  1. Web site: Top Sites in Slovakia. dead. Alexa Internet. https://web.archive.org/web/20181125004345/https://www.alexa.com/topsites/countries/SK. 25 November 2018. 27 January 2024.
  2. News: Adam. Valček. Úrad Pente odsúhlasil vstup do vydavateľstva Petit Press. SME. Bratislava. Petit Press. 17 June 2018. 15 January 2018. sk. 16 April 2022. https://web.archive.org/web/20220416150746/https://index.sme.sk/c/20194064/urad-pente-odsuhlasil-vstup-do-vydavatelstva-petit-press.html. live.
  3. Web site: News and Media Holding. Penta Investments. 17 January 2018. sk. 18 January 2018. https://web.archive.org/web/20180118010229/http://www.pentainvestments.com/sk/investments/project/news-and-media-holding-6iYiLR.aspx. live.
  4. News: Denník Sme oslavuje 25 rokov. Hospodárske noviny. 15 January 2018. 17 January 2018. sk.
  5. News: MDIF purchases a 34% stake in leading Slovak publisher Petit Press. dead. 22 April 2021. MDIF. https://web.archive.org/web/20210920212944/https://www.mdif.org/mdif-is-purchasing-a-34-stake-in-leading-slovak-publisher-petit-press/. 20 September 2021.
  6. Web site: Mapping digital media: Slovakia. Open Society Foundation. Miroslav Kollar. Tomáš Czwitkowics. 12 December 2013. 12 December 2013. https://web.archive.org/web/20131212201624/http://www.opensocietyfoundations.org/sites/default/files/mapping-digital-media-slovakia-20130702.pdf. live.
  7. Web site: Petit Press. Petit Press. 14 January 2015. sk. 4 February 2015. https://web.archive.org/web/20150204122807/http://www.petitpress.sk/. live.
  8. Web site: Inzercia SME. Petit Press. 14 January 2015. 2 July 2014. https://web.archive.org/web/20140702032809/http://petitpress.sk/inzercia/inzercia-sme. dead.
  9. Web site: Sme, Trend a ďalší v januári klesli na historické minimum. sk. 11 October 2016. 12 October 2016. https://web.archive.org/web/20161012083730/http://www.omediach.com/tlac/item/6373-sme-trend-a-dalsi-v-januari-klesli-na-historicke-minimum. live.
  10. Web site: Penta se nedala odradit. Vstoupila do slovenského deníku Sme. 14 October 2014. Aktuálně.cz. cs. 14 October 2014. 2 December 2014. https://web.archive.org/web/20141202192925/http://zpravy.aktualne.cz/ekonomika/penta-se-nedala-odradit-vstoupila-do-slovenskeho-deniku-sme/r~249a355253b211e4b57a0025900fea04/. live.
  11. Web site: MDIF purchases a 34% stake in leading Slovak publisher Petit Press – MDIF. 13 October 2022. 20 September 2021. https://web.archive.org/web/20210920212944/https://www.mdif.org/mdif-is-purchasing-a-34-stake-in-leading-slovak-publisher-petit-press/. dead.
  12. Web site: Penta financial group leaves Petit Press six years after hostile takeover. The Slovak Spectator. Bratislava. Petit Press. 22 April 2021. 13 October 2022. 11 January 2023. https://web.archive.org/web/20230111044302/https://spectator.sme.sk/c/22643942/penta-financial-group-leaves-petit-press-six-years-after-hostile-takeover.html. live.

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