Axel Springer closes the sale of its stake in aufeminin group to Télévision Française 1

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.

read more

Axel Springer plans pan-European Upday news service

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.

read more

Axel Springer to launch football daily newspaper

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 […]

read more

Can Axel Springer do the ‘impossible’?

“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. “

read more

How daily newspapers can win after all

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 […]

read more

Flashes&Flames: Can Axel Springer do the ‘impossible’?

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

read more

Axel Springer Goes To Court Over Ad Blocking

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

read more

Reuters’ patent and trademark business could fetch $3B

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

read more

Publishers are in peril from annoying ads

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

read more

Pearson agrees to sale of FT Group to Nikkei Inc. for £844m

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)

read more