Results 1 to 2 of 2

Thread: Axel Springer buying N24 news channel

  1. #1
    Administrator tokoroko's Avatar
    Join Date
    12-03-2009
    Location
    ucassupport.nl
    Posts
    52,229
    Uploads
    139

    Post Axel Springer buying N24 news channel

    Axel Springer buying N24 news channel

    December 9, 2013 12.02 Europe/London By Robert Briel


    N24 logoGerman publishing house Axel Springer is buying the N24 news channel from N24 Media GmbH.

    Springer plans to bring the 24-hour news channel together with its Welt group, which comprises the newspapers Die Welt and Die Welt Kompakt as well as an online news portal.

    The two parties did not disclose financial details of the transaction, which is still subject to approval from the German authorities.

    N24 will also become the central provider of video material for all Springer multi media brands.

    Stefan Aust, currently a shareholder in N24 Media GmbH with others, will become publisher of the Die Welt group on January 1, 2014

    N24 was previously owned and operated by ProSiebenSat.1 Media and still supplies regular news updates to ProSiebenSat.1 Media channels such as Kabel eins, Sat.1 and ProSieben.

  2. #2
    Administrator tokoroko's Avatar
    Join Date
    12-03-2009
    Location
    ucassupport.nl
    Posts
    52,229
    Uploads
    139

    Re: Axel Springer buying N24 news channel

    Axel Springer to buy N24

    Jörn Krieger | 09-12-2013

    German publishing house Axel Springer will take over news channel N24. The company wants to hook up the TV channel with its newspaper group Die Welt to establish a multimedia news provider offering high quality journalism.

    N24 will also become the central provider of TV and video material for all Springer brands. No details were given on the price Springer paid for 100% of the N24 shares.

    Stefan Aust, currently a shareholder in N24, will become publisher of the Die Welt group on 1 January 2014. The former editor-in-chief of German news magazine Der Spiegel acquired N24 in June 2010 together with further partners from TV group ProSiebenSat.1.

    The takeover of N24 by Springer is subject to approval by the cartel office and media regulators.

Similar Threads

  1. IBC 2013: SeaChange and Axel Springer debut VOD ad solution
    By elhadi in forum Daily Satellite TV News
    Replies: 0
    Last Post: 13-09-2013, 19:23:30
  2. Axel Springer compra en Dogan Media Group
    By erdoganeng in forum Spanish / Español
    Replies: 1
    Last Post: 02-12-2008, 12:31:11
  3. Axel Springer acquista Dogan Media Group
    By erdoganeng in forum Italian / Italiano
    Replies: 0
    Last Post: 01-12-2008, 06:22:10
  4. Axel Springer achète en Dogan Media Group
    By erdoganeng in forum French / Français
    Replies: 0
    Last Post: 01-12-2008, 06:20:36
  5. Update Axel Springer buys into Dogan media group
    By <<ELVIS>> in forum Daily Satellite TV News
    Replies: 0
    Last Post: 29-11-2008, 11:36:38

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •