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kimbutgar

(21,040 posts)
1. Before it was purchased by a new owner I knew the site was trash
Fri Sep 17, 2021, 01:13 PM
Sep 2021

Going back to the days of the Bush years when Karl Rowe used it as his personal megaphone of the Bush administration,

Never trusted that site ever.

csziggy

(34,131 posts)
4. August 26, 2021 Politico sold to German publisher Axel Springer
Fri Sep 17, 2021, 01:18 PM
Sep 2021
Politico, a media company based in Arlington, Va., that redefined American politics and policy coverage for the digital age, has been sold to German conglomerate Axel Springer, in the latest example of corporate consolidation in a rapidly changing business climate for journalism.

The news outlet was founded in 2007 by Washington Post veterans John F. Harris and Jim VandeHei to cover Congress, political campaigns and lobbying. Mike Allen, another Post veteran, came aboard as chief political reporter and became one of the faces of the publication. Noted for a style of journalism that satisfied the increasingly screen-based reading habits of Washington’s political class — shorter, faster, more plentiful and steeped in an insider tone — it grew substantially, adding a wide-ranging mix of policy-focused verticals and spinoffs and a European edition that it co-owned with Axel Springer.

As part of the deal, the German company will take full control of the Politico Europe partnership launched in 2014, as well as the technology news site Protocol, which began last year. Axel Springer’s previous inroads into the U.S. media market include its acquisition of Business Insider in 2015, along with a majority stake in newsletter publisher Morning Brew.

The deal marks the end of what Politico owner Robert L. Allbritton called “the ride of a lifetime,” although he will remain publisher of Politico and Protocol. Politico employees were told in a memo on Thursday morning that there will be “no changes of any kind for the indefinite future … on most of the specific day-to-day circumstances that affect employees at any level.”

More: https://www.washingtonpost.com/media/2021/08/26/politico-sold-axel-springer/
 

Budi

(15,325 posts)
5. Here: "Conservative media group Axel Springer is acquiring POLITICO".
Fri Sep 17, 2021, 01:21 PM
Sep 2021
https://www.democraticunderground.com/100215786897

Conservative media group Axel Springer is acquiring POLITICO.


Who is Axel Springer?

NEW: Conservative media group Axel Springer is acquiring POLITICO
The German company also owns Bild, which many say is the German version of Fox News.
Description of the company’s founder:



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I vote to have Politico officially listed on DU as RW Source.

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