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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How advertisers can deal with generative AI’s copyright conundrum

To what extent copyright law applies to generative AI tools is a legal gray area -- and cause for concern among companies using these tools for commercial purposes. Continue reading at Digiday

[ Digiday | 2023-11-20 05:01:00 UTC ]
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These are the 10 best Amazon Black Friday deals on Kindles, Fire TV devices and Echos that you can get right now

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[ Engadget | 2023-11-17 15:30:25 UTC ]
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Book Deals: Week of November 20, 2023

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[ Publishers Weekly | 2023-11-17 05:00:00 UTC ]
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Zibby Media Withdraws National Book Award Sponsorship over Potential for 'Hate Speech'

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This Week's Bestsellers: November 13, 2023

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[ Publishers Weekly | 2023-11-10 05:00:00 UTC ]
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G/O Media Shutters Jezebel, Lays Off Staff and Editorial Director Merrill Brown

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Get Your Hands on These 13 New Manga Releases for November 2023

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Religion Book Deals: November 8, 2023

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[ Engadget | 2023-11-03 16:30:54 UTC ]
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