Politico will be acquired by Axel Springer in a deal valued at more than $1B

nytimes.com

20 pointsmorsch3 comments

Note: Axel Springer Verlag is not Springer Verlag.

Springer Verlag is the reputable science publisher.

Axel Springer Verlag is a huge newspaper conglomerate, but best known for the German tabloid "Bild" which easily wins in all niveau limbo contests.

Satirical engagement (but with the original front page!): https://www.youtube.com/watch?v=L41Yxm2JZWo

Can anyone explain this one? I can’t imagine a news site being worth 1 billion now days.

Wag app is valued at 650M USD.

POLITICO averages 26 million unique visitors per month to their U.S. website and more than 1.5 million unique visitors on average to POLITICO.EU.