Axel Springer SE is a European multinational mass and online media company, based in Berlin, Germany. The company is organized as a societas Europaea (SE) publishing house and is one of the largest mass media publishers in the European Union, with numerous multimedia news brands such as Business Insider, Politico, The Daily Telegraph, or the price comparison service Idealo.

https://en.wikipedia.org/wiki/Axel_Springer_SE

    • plyth@feddit.org
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      No need for signs: https://feddit.org/post/32811747

      The announcement left out another important fact: Thiel reportedly made a $50 million investment in a new venture capital fund started by the son of Mathias Döpfner, Axel Springer’s co-owner and CEO. The son, Moritz, is known as—get this—the “German JD Vance.” Moritz previously worked as chief of staff at Thiel Capital.

  • derAbsender@piefed.social
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    “This newspaper is an organ of vileness. It is wrong to read it. Anyone who contributes to this newspaper is socially absolutely unacceptable. It would be a mistake to be friendly or even just polite to one of its editors. One must be as unfriendly to them as the law just barely allows. They are bad people who do wrong things.” - Max Goldt about Bild Newspaper - the evil garbage Springer somehow successfully disguises as some sort of print medium

  • notsosure@sh.itjust.works
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    That’s two parties that fit well together 😳 Right wing newspaper group (steadily becoming more extreme), which also owns politico in the US, and a right wing investor business weirdo.

  • CyberEgg@discuss.tchncs.de
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    Did you really need to link to an Axel Springer source? Couldn’t you find any other article talking about this but this fascists-supporting excuse for toilet paper?

  • PromKingJosh@tarte.nuage-libre.fr
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    If you go to the Ringier Axel Springer website for your country, chances are they list the news outlets they own there, like this for Poland

    I’ve since replaced all of them with getting news from national news agencies or independent outlets instead (PAP.pl, European Correspondent, Notes from Poland) etc.

    • huppakee@lemmy.world
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      Can’t be bothered to get to the bottom of this but i was reading Axel Springers Wikipedia page (history section) and it seems they removed themselves from the stock exchange and sold off a large chunk of their business to their two largest investors in order to become fully privately owned. Not sure if they still holds a stake in that split-off part, but that seems to be the part Idealo belongs to.

      In July 2024, reports emerged that Axel Springer and private equity group KKR were in talks to potentially split the media conglomerate. The proposed deal would separate the group’s media assets, including Politico, Business Insider, Bild, and Die Welt, from its digital classifieds operations such as StepStone and Aviv. The split was confirmed in September 2024 and Axel Springer became a fully privately owned and operated media company.

  • spechter@feddit.org
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    I whonder what politico has to say about this?

    Do they dare critisizing their parent company?