Posts Tagged "Axel Springer"

Press Release: Axel Springer has closed today the sale of its stake in aufeminin group to Télévision Française 1 S.A. (TF1). The aggregated purchase price of Axel Springer’s around 78 percent stake amounts to EUR 291.5 million. This corresponds to a multiple of around 15 based on consolidated EBITDA 2017 attributable to Axel Springer shareholders. The purchase price includes also the contractual agreed interest payments made by TF1 to Axel Springer.

Real estate agent Purplebricks said publishing group Axel Springer had bought an 11.5% stake in the company for £125m, while warning that its annual revenue growth would miss market expectations

Axel Springer is to expand its mobile news service Upday from four to 16 countries in Europe this year, as the German media group accelerates its shift into digital publishing. Upday, a news aggregator that uses human editors as well as an algorithm to select news stories, was developed as part of an exclusive partnership with Samsung and launched in Germany, Poland, the UK and France last February.

Publisher Axel Springer (SPRGn.DE) plans to launch Germany’s first daily sports newspaper next month, focusing on soccer as it seeks to offset a decline in sales at its established print business Fussball Bild will be the Germany’s first sports daily. Spain has a soccer-focused daily called Marca, which is published by Unidad Editorial and is the […]

Mathias Döpfner says Google and Facebook must change their attitude for publishers to survive

“The soul and spirit of the company Axel Springer is journalism. We serve our readers with independent and critical information and advice as well as good entertainment. Through our media offerings we are making a contribution to the strengthening of freedom and democracy. “

Flashes&Flames: Murdoch might cast envious eyes at the 129-year-old, family-owned Hearst Corporation which has built an unrivalled multi-media business, not least by investing widely in long-term partnerships and joint ventures. Last year, Hearst increased its revenue by 6% to almost $11bn in what was the fifth consecutive year of record revenue and profits. Its revenue […]

The German publisher continues to focus on building its digital subscription business with $250m purchase of research company

German media group’s online expansion helps offset falling revenues from newspaper operations

Stories about the reinvention of daily newspaper companies are often not what they seem. They tend to involve traditional media groups not so much investing in the future of news as placing their bets somewhere else entirely. Thus, the UK’s Daily Mail Group, and Hearst Corp, in the US, are investing more heavily in business media and entertainment. And even Rupert Murdoch’s News Corp is now generating 35% of its profit and all its growth from digital property listings

German publisher Axel Springer, which recently acquired Business Insider and took a stake in Thrillist Media Group, is taking its fight against online ad blocking to the legal arena with a new lawsuit in Germany. It seeks to block the promotion and distribution of a mobile ad-blocking app

Thomson Reuters Corp. (TRI) could fetch nearly $3 billion for its Intellectual Property & Science business from either a strategic or financial buyer, according to company followers, as the information giant explores options for the division in an effort to hone its focus on financial and legal services

Germany’s Axel Springer has banned readers who use adblockers from its Bild tabloid website, stepping up a fadblockers from its Bild tabloid website, stepping up a fight by publishers to stop online advertising revenues being eroded.

Adds another 88 percent on top of its 9 percent for $343 million. Subscription business and millennial audience are big attractions

There is nothing so inspiring as a person triumphing over disaster — the narrative of many books and films. So the sight of Henry Blodget, the former Wall Street analyst who was disgraced in the 1990s dotcom bubble, selling Business Insider, the news site he founded in 2007, at a valuation of $390m is heartwarming

First, Axel Springer was outbid in an auction to buy the FT Group, owner of the Financial Times, just as it had lost out in the sale of another British newspaper, the Daily Telegraph, in 2004. Second, talks with German broadcaster ProSiebenSat. 1 about a possible merger broke down

Axel Springer, the German publishing house that puts out Germany’s largest tabloid, Bild, is said to be considering buying U.S. online news publisher Business Insider

Axel Springer, Europe’s biggest news publisher by circulation, has become the latest media group to pull out of Russia after the country passed a law limiting foreign ownership of its media

German newspaper groups including Axel Springer and the publishers of Der Spiegel are working with a Dutch start-up to offer individual articles in exchange for micropayments through a platform launching this week

Pearson is today announcing that it has agreed the sale of FT Group to Nikkei Inc. for a gross consideration of £844 million, payable in cash. Financial Times is one of the world’s leading news organisations, recognised for its authority, integrity and accuracy. It includes the FT newspaper, FT.com, How to Spend It, FT Labs, FTChinese, the Confidentials and Financial Publishing (including The Banker, Investors Chronicle, MandateWire, Money-Media, Medley Global Advisors and more)