Axel Springer


Netflix appoints Axel Springer CEO to the board

Netflix has appointed the CEO and chairman of digital publisher Axel Springer, Mathias Döpfner, to its board of directors. Döpfner joined Axel Springer as editor-in-chief of German newspaper Die Welt in 1998 and has been CEO of the company since 2002, overseeing Axel Springer’s overall growth and digital transformation. Commenting on the appointment, Netflix co-founder […]

OTT TV service 7TV adds first external channels

7TV, the German streaming TV offering co-owned by ProSiebenSat.1 Group and Discovery, has added the first external channels to the service. 7TV users will now have access to video content from Constantin Media-owned sports network Sport1 and Axel Springer-owned WeltN24’s Welt and N24 Doku channels. The agreements include both live-streaming and catch-up content. Separately, 7TV, […]

TF1 in talks to buy Axel Springer digital group Aufeminin

French broadcaster TF1 is in talks to buy Axel Springer’s 78.43% stake in Aufeminin – a digital media group that owns a number of female-focused brands. TF1 said that it is in exclusive discussions over the potential acquisition, which would put it in charge of digital products covering topics such as fashion, beauty, lifestyle, cooking and health. […]

Discovery invests US$100m in Group Nine Media

Discovery Communications has agreed to invest US$100 million in Group Nine Media – a new holding company consisting of a number of millennial-focused digital assets. The deal sees Discovery take a minority stake in, and enter into a strategic partnership with, the firm. Axel Springer will maintain its investment as the second largest shareholder. New […]

Disney, Sky and ProSiebenSat.1 invest in VR firm Jaunt

Disney has led a new US$65 million (€58 million) funding round in cinematic virtual reality (VR) firm Jaunt, with Sky also upping its investment in the firm and ProSiebenSat.1 coming on board as an investor. The Walt Disney Company led the Series C funding round alongside Evolution Media Partners, TPG Growth and Participant Media, and […]

ProSiebenSat.1 and Axel Springer team up for digital investment

German broadcaster ProSiebenSat.1 and publishing group Axel Springer hare investing in digital investment fund Lakestar II, led by investor Klaus Hommels. The pair will will team up to invest a “medium double-digit million Euro amount”. The fund now has a total capital of €350 million and will focus on digital companies with growth potential in […]

Axel Springer-ProSieben deal would face regulatory issues

Analysts have said that the mooted merger of German media giants Axel Springer and ProSiebensat.1 would face serious regulatory obstacles. Investment bank Credit Suisse said that regulatory approval is unlikely to be forthcoming should the pair push ahead and attempt to merge. “Given the combined ad market share (we estimate 20% of total German market) […]

Axel Springer says ProSiebenSat.1 merger speculation ‘unfounded’

German publisher Axel Springer said that speculation it could relinquish control over its business was “completely unfounded”, after the Wall Street Journal reported it is in merger talks with ProSiebenSat.1. The WSJ said yesterday that the German broadcaster and the German publishing company are in early stage talks about merging their businesses – in a […]

Vodafone names Springer chief to board

Vodafone Group has named Axel Springer chairman and CEO Mathias Döpfner to its board as a non-executive director, while Luc Vandevelde, is to step down. Döpfner wil join the board on April 1. In addition to serving as CEO of Axel Springer since 2002, he is a member of the board of Time Warner and […]

Axel Springer’s takeover of N24 gets green light

Germany’s competition authority, the Bundeskartellamt, has cleared Axel Springer’s acquisition of German news and documentary channel N24. In a statement, Andreas Mundt, President of the Bundeskartellamt, said: “The takeover is unproblematic under competition law. N24 is a specialised channel with a limited range of audience and a relatively low share of the TV market.” The news […]