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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Newspaper Advertising In China Is Being Affected By New Media, Too

A switch to online content among newspaper readers in the U.S. has put pressure on the profits of publishers of traditional newspapers such as the New York Times. The same trend is affecting traditional newspaper publishers in Greater China, too. Continue reading at Editor & Publisher

[ Editor & Publisher | 2013-03-18 00:00:00 UTC ]
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Time Inc. spinoff could lead to more deals

The spinoff of Time Inc. to create the world's largest publicly-traded magazine publisher may be just the beginning of deals for the owner of People and Sports Illustrated.With analysts estimating an enterprise value of about $3.9 billion—a measure of what it could cost to buy a company—an... Continue reading at Crains New York

[ Crains New York | 2013-03-15 00:00:00 UTC ]
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Geithner lands book deal, release scheduled for 2014

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[ Crains New York | 2013-03-15 00:00:00 UTC ]
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Perry to 'go ahead' with book deal

Katy Perry has reportedly decided to write a book that includes details about her failed marriage to Russell Brand. Continue reading at Stuff

[ Stuff | 2013-03-14 00:00:00 UTC ]
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HC signs Claire Kendal in six-figure deal

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[ The Bookseller | 2013-03-13 00:00:00 UTC ]
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'Scholastic deal unfair' say indies

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[ The Bookseller | 2013-03-08 00:00:00 UTC ]
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BBC says no deal done yet for Lonely Planet

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Google Launches French Media Fund

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[ Editor & Publisher | 2013-03-04 00:00:00 UTC ]
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Defining the Strategic Path for B-to-B Media

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[ Folio Magazine | 2013-03-01 00:00:00 UTC ]
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Barnes & Noble 'founder' pondering bid to buy back retail business, hive off Nook Media

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Debut author gets 7-figure book deal

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European Publishers Council Issues Statement on the Google Deal in France

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Frank Lampard signs kids' book deal

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3 Epiphanies About Social Media Marketing for Books

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[ Crains New York | 2013-01-29 00:00:00 UTC ]
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[ The Bookseller | 2013-01-18 00:00:00 UTC ]
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Goul-Wheeker joins Green Star Media

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