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 ]
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It’s All About Data: How Magazine Media Wins the Digital Advertising Challenge

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Facebook’s news feed change won’t help social media addiction | Eleni Stefanou

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[ The Guardian | 2018-01-15 00:00:00 UTC ]
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‘A watershed moment’: Publishers find hope in a more rational post-Facebook media landscape

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[ Digiday | 2018-01-15 00:00:00 UTC ]
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‘They’re saying, “F publishers”’: Media winners and losers of Facebook’s feed purge

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[ Advertising Age | 2018-01-11 00:00:00 UTC ]
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