A Right-Wing German News Conglomerate Bought Politico for a Billion Dollars

by Thomas Klikauer and Meg Young At the end of August 2021, Germany’s right-wing Axel Springer bought the US political magazine Politico for about $1bn (€850m) – the most expensive acquisition in the history of Germany’s right-wing Springer Group. Until the Springer takeover, Politico used to belong to the Capitol News Company of media owner Robert Allbritton. Allbritton founded Politico[Read More...]