Süddeutsche Zeitung is one of Germany's largest and most influential daily newspapers, published in Munich, Bavaria. It is renowned for its center-left, liberal editorial stance and its commitment to high-quality, investigative journalism, notably its role in publishing the Panama Papers. The newspaper is published by Süddeutsche Zeitung GmbH, which is part of Süddeutscher Verlag GmbH, majority-owned by Südwestdeutsche Medien Holding (SWMH).