US Edition
Government to Review Axel Springer’s £575m Telegraph Takeover Deal
11 Articles
11 Articles
The Independent
The Independent (US)
This takeover creates a new cross-border conservative media hub in Europe, and questions the ideological links between Axel Springer and the British daily that accompanied the radicalization of Tories.
© AdobeStock / Timon The German media group Axel Springer is taking over the Telegraph Media Group for £575 million (around €660 million). The portfolio includes the traditional newspaper The Daily Telegraph, which has close ties to the British establishment and the Conservative Party. With the purchase, Axel Springer won a longer bidding competition against the British media group Daily Mail and General Trust. Springer CEO Mathias Döpfner spoke…
Digest: Axel Springer Acquires Telegraph for £575m; Indonesia to Implement Social Media Ban for Under-16s; UK Delays AI Copyright Rule Decisions
In today’s digest we explore Axel Springer acquiring the Telegraph for £575m, Indonesia moving to implement a social media ban for under-16s, and the UK delaying AI copyright rule decisions. The post Digest: Axel Springer Acquires Telegraph for £575m; Indonesia to Implement Social Media Ban for Under-16s; UK Delays AI Copyright Rule Decisions appeared first on ExchangeWire.com.
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