Axel Springer Jim Vandehei New York USA Germany reports Inside and Axel Springer Jim Vandehei New York USA Germany

Secret Plan to Merge Axios and Politico Failed After CEO Jim VandeHei Found Axel Springer ‘Sneaky’ (Report)

Reading now: 711
thewrap.com

On Sunday, New York Times’ media writer Ben Smith published a report looking into sexual harassment charges leveled against Bild, a center-right German tabloid owned by Axel Springer.

In recent years, Springer has invested in and acquired various multiple American sites including Insider, Thrillist Media Group, the struggling Ozy Media, and as of this past August, Politico, which it purchased for $1 billion.

Smith’s report includes an account of how Springer CEO Mathias Döpfner conduced secret talks with the heads of both Axios and Politico earlier this year.

Smith reports that in late July, as the Politico acquisition deal was being closed, Döpfner spoke with Axios CEO and co-founder Jim VandeHei about potentially merging the sites with.

Read more on thewrap.com
The website starsalert.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News

DMCA