The purpose of the company is the publication of media of all kinds. The company may establish branches and subsidiaries in Switzerland and abroad, participate in other companies in Switzerland and abroad, acquire, encumber, sell and manage real estate in Switzerland and abroad. It may also provide financing for its own account and for the account of third parties, as well as grant guarantees and sureties for subsidiaries and third parties. Furthermore, the company may conduct any business that is suitable to promote or expand the achievement of its purpose.