29 ms·

Politico sells to German publishing giant Axel Springer for $1B

• candyman 5y ago
  On the surface this seems pretty weird. A maker of $200 technical books on math and science buys a US based political online media site? Doesn't seem like a great deal of "synergy" or whatever.
  • marban 5y ago
    You have to revisit AS's porfolio, we're not talking Springer, the book publisher here: https://en.wikipedia.org/wiki/Axel_Springer_SE https://en.wikipedia.org/wiki/Axel_Springer_SE
• cafard 5y ago
  Do any German readers want to offer their judgments on this. I thought I remembered from the 1970s that some of Springer's newspapers were a bit sensationalist.
  • dangrie158 5y ago
    Well, IMO Bild [1] is basically the German version of The Sun based on sensationalism. [1]: https://en.m.wikipedia.org/wiki/Bild https://en.m.wikipedia.org/wiki/Bild
  • YokoSix 5y ago
    Axel Springer's biggest newspaper is BILD - and it's like the German version of The Sun in Great Britain. The reception section in BILD's Wikipedia article has some interesting "highlights" from the paper's history: https://en.wikipedia.org/wiki/Bild#Reception https://en.wikipedia.org/wiki/Bild#Reception BILD recently launched their own TV channel. Critics call it the German version of Fox News: https://uebermedien.de/63042/wie-fox-news-wird-bild-live/ https://uebermedien.de/63042/wie-fox-news-wird-bild-live/ Even Axel Springer's other big newspaper Die Welt is more or less like BILD but with a more serious layout: https://en.wikipedia.org/wiki/Die_Welt https://en.wikipedia.org/wiki/Die_Welt
    • cafard 5y ago
      Thanks!