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

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DOJ demands Apple terminate publisher deals and rival ebookstore restrictions (updated)

In a decisive move in the legal battle surrounding Apple's fishy ebook pricing practices, the US Department of Justice has issued a proposed remedy aimed at leveling the playing field. The terms of the proposal, which requires approval by the court, call for an end to Apple's deals with major... Continue reading at Engadget

[ Engadget | 2013-08-02 00:00:00 UTC ]
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Summit Media Group Names New CEO

Summit Media Group has named Joseph Angel its president and CEO. He takes over for co-founder Lloyd Ferguson who will remain as a consultant after heading the company for 20 years. Continue reading at Folio Magazine

[ Folio Magazine | 2013-07-30 00:00:00 UTC ]
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Bloomberg LP Poaches Atlantic Media's Justin Smith

Bloomberg LP has made another big raid on old media again, poaching Justin Smith from the Atlantic Media Co. to be global media CEO. Smith is the Atlantic Media president who is credited with reversing 154-year-old Atlantic magazine’s losses by advancing an aggressive, digital-first strategy. He... Continue reading at AdWeek

[ AdWeek | 2013-07-29 00:00:00 UTC ]
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Profiles in Social Media: Has Your Brand Found Its Social Soul Mate?

Much like trends in magazine publishing, social media is becoming a niche-focused market. This means there are an increasing number of networks that serve very specific functions. For instance, the difference between Instagram and Twitter is similar to the difference between a photography... Continue reading at Folio Magazine

[ Folio Magazine | 2013-07-26 00:00:00 UTC ]
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EU regulator accepts Penguin offer to end dodgy ebook deals with Apple

After the European Commission accepted offers from Apple and four publishers to free up ebook pricing restrictions in December 2012, it's now accepted Penguin's commitment to do the same. Much like Penguin's vow to the US DOJ, it will end its agency agreements with Apple and other retailers, and... Continue reading at Engadget

[ Engadget | 2013-07-25 00:00:00 UTC ]
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BookBub Ebook Deals Site Closes in on 1.5 Million Subscribers

With the simple concept of alerting readers to a curated list of discounted ebooks, Bookbub has attracted nearly 1.5 million users in just a year. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2013-07-25 00:00:00 UTC ]
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Forbes Media Launches a Wine Club Subscription Service

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[ Folio Magazine | 2013-07-19 00:00:00 UTC ]
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Distribution: Lerner Partners with Scobre and Live Oak Media

Lerner Publisher Services announced exclusive partnerships with Scobre and Live Oak Media. Continue reading at Publishers Weekly

[ Publishers Weekly | 2013-07-18 00:00:00 UTC ]
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Forbes Media pairs tech, tastes for wine club

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[ Crains New York | 2013-07-17 00:00:00 UTC ]
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HIMSS Media Launches News Site In Connection With Event

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[ Folio Magazine | 2013-07-17 00:00:00 UTC ]
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Zimmerman Jury Member’s Book Deal Killed by Twitter

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[ Publishing Perspectives | 2013-07-16 00:00:00 UTC ]
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The Dolan Company Sells Two Business Services Assets

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[ Folio Magazine | 2013-07-10 00:00:00 UTC ]
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Algonquin sets suite deal for book lovers

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[ Crains New York | 2013-07-07 00:00:00 UTC ]
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Murdoch at 82 Starts Over With $2.6 Billion for Deals

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[ Editor & Publisher | 2013-07-05 00:00:00 UTC ]
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How Digital Publishers Can Impress Media Buyers

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[ Editor & Publisher | 2013-07-03 00:00:00 UTC ]
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Paula Deen publisher cancels book deal. Now what? (+video)

Paula Deen was supposed to release "Paula Deen's New Testament: 250 Favorite Recipes, All Lightened Up" in October. But Ballantine Books canceled the release, even though it was already No. 1 in pre-orders on Amazon. Continue reading at The Christian Science Monitor

[ The Christian Science Monitor | 2013-07-02 00:00:00 UTC ]
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BoSacks: Media Intelligence : The New Non-Obsolescence of the Written Word

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[ Publishing Executive | 2013-07-01 00:00:00 UTC ]
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News Corp.’s long-awaited split is official. Rupert Murdoch’s media behemoth Friday completed the separation of its entertainment from its news and information businesses into two publicly traded companies. The new News Corp (spelled with no period, differentiating it from the previous... Continue reading at AdWeek

[ AdWeek | 2013-06-29 00:00:00 UTC ]
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News Corp officially splits in two

Rupert Murdoch's media empire, News Corporation, officially separates into two companies, splitting its publishing arm from its entertainment division. Continue reading at BBC News

[ BBC News | 2013-06-29 00:00:00 UTC ]
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Media M&A Activity Slows in 1H

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[ Folio Magazine | 2013-06-28 00:00:00 UTC ]
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