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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We’re Still Here: Media Buyers Keep the Print Faith

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Canelo signs three-book deal for new police series

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Book Deals: Week of December 11, 2017

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PRH scoops global Avatar tie in deal

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PRH Inks Multi-Book 'Avatar' Deal

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Del Rey Nabs New Adult Fantasy Series from Clare in Major Deal

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Thriller writer T M Logan signs new two-book deal with Zaffre

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