Axel Springer buys the political environment Political

The German group Axel Springer, editor in Spain of Computer today or Hobby Consoles, has purchased the US Medium Political. Although the amount has not been b

Axel Springer buys the political environment Political

The German group Axel Springer, editor in Spain of Computer today or Hobby Consoles, has purchased the US Medium Political. Although the amount has not been broken down, it is estimated that it is in the environment of 1,000 million dollars.

In addition to this means, the purchase includes the European Joint Venture that both have both technological medium, protocol, which was released last year.

According to the information of various means of the United States collected by Europe Press, the cost of the operation is $ 1 billion (850 million euros), which add up to the 395 million that paid in 2015 by Business Insider. It also has a majority stake in Morning Brew since 2020 and owns Bild, Die Welt or Rolling Stone, among others. The Joint Venture Politico Europe was born in 2014 and is focused on the political activity of the institutions of the European Union.

Mathias Döpfner, CEO of Axel Springer, assured that "the incredible political team has changed digital political journalism and has created new standards." Likewise, he declared that it will be "a privilege and a special responsibility" to shape the future of the environment.

Updated Date: 27 August 2021, 06:48

You need to login to comment.

Please register or login.

RELATED NEWS