Axel Springer’s media assets to be split off in €13.5bn KKR deal

Private equity group to control classified business while Mathias Döpfner and Friede Springer will run digital operationAxel Springer has struck a €13.5bn (£11.3bn) deal that will see its media assets, which include Politico, Business Insider and newspapers Bild and Die Welt, hived off into a private company with the aim of building an international digital news media powerhouse.The move will see the German conglomerate, which last year decided against bidding for the Daily and Sunday Telegraph because its focus is a “digital first, digital only” acquisition strategy, become fully privately owned for the first time since its flotation in 1985. Continue reading... Continue reading at 'The Guardian'

[ The Guardian | 2024-09-19 14:19:21 UTC ]
News tagged with: #axel springer #media assets #mathias dpfner #friede springer #3bn deal #include politico #business insider #newspapers bild #die welt #private company #german conglomerate #year decided #sunday telegraph #acquisition strategy #privately owned

Other Publishing stories related to: 'Axel Springer’s media assets to be split off in €13.5bn KKR deal'

Axel Springer’s media assets to be split off in €13.5bn KKR deal

[ The Guardian | 2024-09-19 14:19:21 UTC ]
More news stories like this | News stories tagged with: #privately owned #sunday telegraph #private company #die welt #business insider #media assets #axel springer

Axel Springer sells off Russian media assets to comply with new law

German publisher joins other media companies faced by 20% ownership limitThe German media group Axel Springer has sold off its media assets in Russia to Artcom Media, a division of the Russian-based publishing group ACMG run by Alexander Fedotov. The assets include the Russian editions of Forbes... Continue reading at The Guardian

[ The Guardian | 2015-09-18 00:00:00 UTC ]
More news stories like this | News stories tagged with: #media assets

Axel Springer Repositions as a ‘Media and Tech Company’

Someone needs to do a major rewrite of the Wikipedia article about Axel Springer because it’s not a digital publisher anymore like Continue reading at Editor & Publisher

[ Editor & Publisher | 2019-09-23 18:00:02 UTC ]
More news stories like this | News stories tagged with: #tech company #digital publisher

Group Nine Media Raises $50 Million from Discovery, Axel Springer

Group Nine Media just raised $50 million from lead investor Discovery Inc. and partner Axel Springer SE, the company announced Monday. The digital media holding company also hinted that acquisitions may be on the horizon with the new increase in funds. Discovery initially invested $100 million... Continue reading at AdWeek

[ AdWeek | 2019-09-09 14:56:30 UTC ]
More news stories like this | News stories tagged with: #axel springer #video content #digital media

Axel Springer Sheds Oldest Print Titles in $1.2 Billion Deal

FRANKFURT, July 25 (Reuters) - Publisher Axel Springer struck a 920 million euro ($1.22 billion) deal to sell some of Germany's best-known newspapers and magazines, severing its oldest roots in order to intensify its focus on digital media. Th ... Continue reading at Editor & Publisher

[ Editor & Publisher | 2013-07-25 00:00:00 UTC ]
More news stories like this |

Wrights Media And Penton Media Announce Content Licensing And Reprints Deal

Wrights Media announced an agreement with Penton Media; this agreement gives Wrights Media the opportunity to provide exclusive reprint and content licensing services to Penton Media. Continue reading at Folio Magazine

[ Folio Magazine | 2011-11-08 00:00:00 UTC ]
More news stories like this | News stories tagged with: #penton media

Your YA Book Deals of the Day from Book Riot for July 13, 2024

More than one dozen excellent YA books are on sale this week for under $5–time to stock up your ereader with some of the best of the best! Continue reading at Book Riot

[ Book Riot | 2024-07-13 15:00:00 UTC ]
More news stories like this | News stories tagged with: #ya book

The Atlantic and Vox Media made their own deal with the AI Devil

In the last few months, news organizations have leapt into bed with OpenAI, hatching Faustian bargains where the cash-strapped media industry exchanges a monetary pittance for OpenAI's right to scrape and integrate their content into things like ChatGPT. Those that have signed in blood include... Continue reading at Engadget

[ Engadget | 2024-05-29 16:21:28 UTC ]
More news stories like this | News stories tagged with: #sports illustrated #copyright infringement #chicago tribune #spend time #magazine publisher #news corp

Book Deals: Week of May 13, 2024

Atria lands a memoir by ‘Ted Lasso’ costar Brendan Hunt; Viking takes Lindsay Owens’s exploration of price gouging, and more. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-05-10 04:00:00 UTC ]
More news stories like this | News stories tagged with: #book deals #ted lasso #memoir

Springer Nature Says More than 99 Percent of German Higher Learning Joins DEAL

Springer Nature, one of three Projekt Deal publishers, cites agreements with 99-percent of Germany's higher-learning institutions. The post Springer Nature Says More than 99 Percent of German Higher Learning Joins DEAL appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2024-05-08 00:08:15 UTC ]
More news stories like this | News stories tagged with: #springer nature

Book Riot’s YA Deals of the Day for April 13, 2024

Greek Mythology, a Magical Novel-in-Verse, a Swoony Rom-Com, and More of Today's Best YA Book Deals. Continue reading at Book Riot

[ Book Riot | 2024-04-13 10:30:00 UTC ]
More news stories like this | News stories tagged with: #ya deals #greek mythology #ya book

Deals by KKR Led Publishing Acquisition Action in 2023

Many of the mergers and acquisitions in the year centered on book manufacturers, but the two biggest deals both involved private equity firm KKR. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-12-15 05:00:00 UTC ]
More news stories like this | News stories tagged with: #biggest deals #book manufacturers

Religion Book Deals: December 13, 2023

Francine Rivers, author of the 1991 bestselling ‘Redeeming Love’ and a slew of other titles, is bringing a new novel to Tyndale; ‘Reading Black Books’ author Claude Atcho brings a new title to WaterBrook, and more. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-12-12 05:00:00 UTC ]
More news stories like this | News stories tagged with: #francine rivers

Book Riot’s SFF Deals for November 13, 2023

The best science fiction and fantasy book deals of the day, curated by Book Riot. Continue reading at Book Riot

[ Book Riot | 2023-11-13 16:53:29 UTC ]
More news stories like this | News stories tagged with: #sff deals #science fiction

Book Deals: Week of November 13, 2023

Lee and Andrew Child sell four new Jack Reacher thrillers to Delacorte, Dey Street buys a guide to throwing “the greatest dinner party of all time” from Benny Blanco, and more. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-11-10 05:00:00 UTC ]
More news stories like this | News stories tagged with: #book deals

Research Publishing: Projekt DEAL, Springer Nature in New Five-Year Accord

The three-publisher program devised to elevate German open-access research publication reports that it expects a formal signing of a new accord within weeks. The post Research Publishing: Projekt DEAL, Springer Nature in New Five-Year Accord appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2023-11-08 21:43:12 UTC ]
More news stories like this | News stories tagged with: #research publishing #projekt deal #springer nature

KKR Closes Deal to Buy Simon & Schuster

The process of selling Simon & Schuster has been long and tumultuous, and was waylaid by an earlier antitrust suit. Continue reading at The New York Times

[ The New York Times | 2023-10-31 02:10:51 UTC ]
More news stories like this |

Religion Book Deals: Sept. 13, 2023

Little Golden Books takes a biography of Pope Francis, IVP faces hardships and grief in the workplace in a new title, and more. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-09-12 04:00:00 UTC ]
More news stories like this | News stories tagged with: #pope francis

Vice Media close to deal for sale out of bankruptcy

Rescue deal for publisher would wipe out existing shareholders, including James MurdochHow Vice and BuzzFeed fell to earthVice Media is nearing a deal to be bought out of bankruptcy by senior lenders in a process that will wipe out existing shareholders including James Murdoch.The Wall Street... Continue reading at The Guardian

[ The Guardian | 2023-05-05 16:21:38 UTC ]
More news stories like this | News stories tagged with: #tv company #news publisher