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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Religion Book Deals: March 23, 2022

The voice of Ariel in Disney’s ‘The Little Mermaid’ is bringing a memoir to Tyndale Momentum, the co-authors behind ‘The Come Back Effect’ sign with Baker once again, and more. Continue reading at Publishers Weekly

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Is media platform Nextdoor a friend in need or a vigilante nightmare?

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Book Riot’s YA Book Deals of the Day: March 19, 2022

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Book Deals: Week of March 21, 2022

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Book Deals: Week of March 14, 2022

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Religion Book Deals: March 9, 2022

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Book Riot’s Deals of the Day for March 8, 2022

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Book Deals: Week of March 07, 2022

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Rebel Girls Receives $13 Million in Investments

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Religion Book Deals: Feb. 23, 2022

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‘They excluded me’: Confessions of a Black director at a digital media company who felt ‘invisible’

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