Axel Springer SE
Large multimedia company in Europe
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2024 | German public broadcasting criticized Axel Springer for an extreme pro-Israel stance, accusing the company of attempting to discredit Palestinian critics and pro-Palestinian student protesters through a news report that reportedly 'doxed' activists. |
2024 | Liz Fekete criticized Axel Springer-owned Welt and CEO Mathias Döpfner for anti-Muslim and anti-Palestinian bias, arguing they falsely suggest Muslim immigrants are the primary source of antisemitism while ignoring far-right antisemitic incidents. |
September 2024 | Confirmed split of media assets, with Axel Springer becoming a fully privately owned and operated media company. |
July 2024 | Reports emerged of potential split between Axel Springer and private equity group KKR. |
October 2021 | After initial support for Reichelt, Axel Springer ultimately dismissed him following further investigation and scrutiny of the sexual harassment allegations. |
October 2021 | The New York Times reported accusations of sexual misconduct and discrimination. The editor-in-chief of Bild was fired the following day. |
October 2021 | Axel Springer acquired Politico, a digital media company operating in North America and Europe, expanding its international media portfolio. |
August 2021 | Axel Springer announced its intention to acquire Politico and Protocol. |
March 2021 | Der Spiegel reported serious accusations of sexual harassment and abuse of power against Julian Reichelt, the editor of Bild, alleging he promoted young female employees in exchange for sexual favors. |
2020 | US private-equity firm KKR acquired a majority stake in Axel Springer SE, marking a significant ownership change for the company. |
October 2020 | Axel Springer and Insider Inc. acquired Morning Brew, a media startup specializing in business newsletters and podcasts, for approximately $75 million. The acquisition allowed Morning Brew to retain its brand identity and operational independence, with the co-founders maintaining a significant minority stake and an earn-out clause. |
October 2020 | Friede Springer transferred $1.5 billion of Axel Springer shares to CEO Mathias Dopfner, giving him a 22% direct stake. Completed the Axel Springer Campus, a cube-shaped office building in Berlin designed by Rem Koolhaas and OMA. |
2015 | Axel Springer acquired Insider, with Mathias Döpfner stating that staff would need to adhere to the company's core principles, including support for a united Europe, reconciliation between Germans and Jews, Israel's right to exist, and a free-market economy. |
2013 | Sold regional newspapers, women's magazines, and television magazines to Funke Mediengruppe for €920 million. Also sold Publications Grand Public to Reworld Media and acquired German television newsbroadcaster N24, combining it with Die Welt. |
2012 | Formed a joint venture with General Atlantic and bought TotalJobs in the UK from Reed Elsevier. |
2010 | Made a $635.7 million offer for French real estate website seloger.com, which was later increased to $735 million after initial shareholder rejection. |
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