Klassik Radio AG (KA8.DE)
Klassik Radio AG operates in the Broadcasting industry of the Communication Services sector, headquartered in Augsburg, BV, DE. The stock last traded at $3.02, up 0.67% on the session, giving a market capitalisation of $14.6M. Its beta of 0.14 implies it has historically moved less than the broad market.
Klassik Radio AG is a German company primarily involved in the operation of radio broadcasting services. Its commercial activities are bifurcated into two principal segments: Radio Stations and Merchandising. The firm earns revenue by facilitating diverse advertising placements across its radio platforms and in entertainment news content. It makes available a vast array of free, ad-supported digital channels, encompassing specialized selections such as 'klassik am morgen,' 'feel good klassik,' 'movie heroes,' 'classics for cooking,' 'baroque,' 'mozart,' 'opera,' 'classical music for children,' 'classical rock,' and 'smooth jazz,' among many others. Founded in 2000 and based in Augsburg, Germany, the company adopted its current name, Klassik Radio AG, in 2004, having previously operated as Klassik AG.
Klassik Radio AG is most often compared with the following Communication Services names: