All posts tagged: Springer

Axel Springer promises ‘AI-powered transformation’ as it completes Telegraph deal

Axel Springer promises ‘AI-powered transformation’ as it completes Telegraph deal

Published by Sam Flores

Axel Springer CEO Mathias Döpfner. Picture: Robert Downs/INMA Axel Springer’s acquisition of The Telegraph will complete today (Tuesday 30 June), ending “three difficult years” without an owner for the UK national newspaper. The £575m deal was announced in March and has now received all the required regulatory approvals in the UK, Ireland and Austria. Axel Springer pledged to “further strengthen” The Telegraph’s commercial and subscription businesses and expand its events and premium offerings. It added that it would preserve The Telegraph’s “editorial independence and integrity” and British identity. Telegraph editor-in-chief Chris Evans said: “These are exciting times for The Telegraph. Axel Springer and we have much in common. We share the same values. We also share the same vision and the same ambition. “We believe there are many opportunities to grow The Telegraph, both in the UK and overseas. After three difficult years without owners, we look forward to stoking up the engines and setting forth on a new voyage.” Evans led a newsroom revolt earlier in the sales process when The Telegraph look set …

George Springer Leaves Blue Jays Game After Being Hit by Pitch on Left Foot, but X-Rays Are Negative

George Springer Leaves Blue Jays Game After Being Hit by Pitch on Left Foot, but X-Rays Are Negative

Published by Sam Flores

X-rays showed no new fractures, and its not any worse than it was, manager John Schneider said after the game. He had already planned to give Springer an off day on Sunday. Springer was hit by an 88 mph slider from Connor Prielipp and immediately went to the ground in pain. After being tended to by a couple of trainers for a few minutes, Springer gingerly walked off the field and was replaced by Jesús Sánchez. In his sixth season with Toronto, the 36-year-old Springer is hitting .212 with two home runs and seven RBIs in 66 at-bats across 18 games. Copyright 2026 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. Photos You Should See – April 2026 Source link

Axel Springer given UK govt approval for Telegraph takeover

Axel Springer given UK govt approval for Telegraph takeover

Published by Sam Flores

Axel Springer CEO Mathias Döpfner. Picture: Robert Downs/INMA Axel Springer’s planned £575m takeover of Telegraph Media Group has been approved by the UK Government. It is still awaiting regulatory approval in Ireland and Austria (due to there being a lower threshold for competition concerns in those countries although there is no expectation of any impact there). The publisher said it expects the deal to completed by the end of June. Axel Springer chief executive Mathias Döpfner said: “We are pleased to have received UK government approval to proceed with this acquisition. “After a long period of uncertainty, we can confirm that we will invest significantly in The Telegraph’s editorial excellence and international growth.” Axel Springer added that The Telegraph will keep “its distinct editorial voice and British identity”. Axel Springer owns Politico and Business Insider, which both have journalists in the UK, as well as German newspapers Bild and Die Welt. The Telegraph reported that the news was “greeted with relief” in its newsroom after almost three years of being in ownership limbo or, as …

Ben Shapiro Calls Piers Morgan ‘Jerry Springer’ Of Political TV

Ben Shapiro Calls Piers Morgan ‘Jerry Springer’ Of Political TV

Published by Sam Flores

Conservative commentator Ben Shapiro tore into fellow political pundit Piers Morgan for platforming what he described as “America haters” on his show, calling the right-wing Brit the “Jerry Springer of political television” during Wednesday’s episode of his own YouTube series. The Daily Wire co-founder was left fuming over Morgan’s Tuesday edition of Piers Morgan Uncensored, in which comedian-turned-commentator Dave Smith slammed the US and Israel’s joint attack on Iran and called the US “arguably the worst terrorist organization in the world,” given the number of civilians killed in US military operations over the last 25 years. Accusing Morgan of making “a mockery of the entire industry by putting on screen whatever dregs are still willing to go on screen,” Shapiro compared the Brit to infamous tabloid talk show host Springer, then blasted Smith as unfunny and ill-informed about foreign policy. Ben Shapiro, here in 2024, fumed at fellow political pundit Piers Morgan for having “America hater” Dave Smith on his show this Tuesday. Connecticut Post/Hearst Newspapers via Getty Images Shapiro, a staunch defender of Israel …

Axel Springer ousts DMGT with deal to buy Telegraph for £575m

Axel Springer ousts DMGT with deal to buy Telegraph for £575m

Published by Sam Flores

Axel Springer CEO Mathias Döpfner. Picture: Robert Downs/INMA German newspaper group Axel Springer has agreed a deal to buy The Telegraph for £575m in cash. The deal trumps a previous agreement signed in November between current owner Redbird IMI and Daily Mail owner DMGT, which had planned to pay £400m upfront and a further £100 within two years. Axel Springer chief executive Mathias Döpfner said The Telegraph has “massive growth potential” and he wants to “help it become the most read and intellectually inspiring center-right media outlet in the English-speaking world”, promising investment. Scroll down for Döpfner’s full statement Axel Springer initially expressed an interest in taking part in the auction for The Telegraph in 2023. More recently it was reportedly involved in the preparations for a bid by New York Sun publisher Dovid Efune but has agreed the new deal without his involvement. It thanked Efune “for his essential support and assistance” in a statement. Axel Springer owns Politico, Business Insider and Axios as well as German newspapers Bild and Die Welt. The Telegraph …

German media giant Axel Springer to buy Telegraph Media Group in £575m deal | Money News

German media giant Axel Springer to buy Telegraph Media Group in £575m deal | Money News

Published by Sam Flores

German media giant Axel Springer is to buy Telegraph Media Group in a £575m deal that will see the Daily and Sunday Telegraph print titles and their online business come under overseas ownership. The deal, which is subject to regulatory approval, will see titles with historic links to the Conservative Party and the British establishment, in the same stable as German titles Bild and Die Welt, along with online specialist media brands Politico and Business Insider. The owner of the Daily Mail had been in talks to buy The Telegraph titles for several months, a deal that would have brought several of the UK’s largest right-of-centre outlets under single ownership. Money blog: Change in cheapest day of the week to fly has changed Scepticism about that deal has grown after an exclusivity period passed without a deal, amid concern any transaction would face intense scrutiny from the Labour government given of the political stance of the titles. Discussions between Axel Springer and Redbird IMI, the US-Emirati group that controlled ownership of the group, intensified in …

POLITICO owner Axel Springer buys Telegraph for £575M – POLITICO

POLITICO owner Axel Springer buys Telegraph for £575M – POLITICO

Published by Sam Flores

He added: “We want to help it become the most read and intellectually inspiring center-right media outlet in the English-speaking world.” Axel Springer wasn’t the only media company interested in purchasing the Telegraph, as the Daily Mail & General Trust had proposed a £500 million takeover. Döpfner added: “The Telegraph stands for freedom, personal responsibility, democratic values and a belief in open societies and market economies. These convictions closely align with our Axel Springer essential values.” A spokesperson for the U.K.’s Department for Digital, Culture, Media and Sport, which oversees media mergers in the U.K. on competition and foreign influence grounds, said Friday: “We note the announcement today on the sale of Telegraph Media Group. The Secretary of State will, as she has throughout, follow the established regulatory process and assess the new deal proposed. We will keep Parliament updated on this process.” Döpfner’s statement said that the buyer and seller “believe that the transaction is fully compliant with the UK’s Foreign State Influence regime.” Source link