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Samsung Preps Apple News Rival In Europe, Inks Axel Springer Deal

Samsung has inked a strategic partnership with European media giant Axel Springer. The pair announced the collaboration in a press release today, ahead of the IFA consumer electronics conference where they will be showing off an early beta of their first jointly created app. 735 more words

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New Financial Times And Economist Owners Ponder The Future Of Digital Media

Who saw the recent sale of the Financial Times (FT) from Pearson to Nikkei for $1.3 billion coming? The sale of The Economist, also owned by Pearson, three weeks later, was less of a surprise, as Pearson set forth its new streamlined… 882 more words

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ProSiebenSat-Axel Springer Merger Talks End Without Deal

The proposed mega merger between German TV giant ProsiebenSat and leading print group Axel Springer is off after talks between the two companies broke down. It is believed that concerns over anti-competition regulations were a factor. 225 more words

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The Church is the State at Bloomberg?

Here’s an interesting quote from today’s NY Times, in an article entitled “Pearson in Talks to Sell Its Stake in the Economist Group” :

The German media company Axel Springer and the financial information company Bloomberg, which came close to buying The Financial Times, were also approached, the newspaper reported.

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Journalism

The Financial Times was just sold to Japan's Nikkei

One of the business-media world’s most-persistent rumors has finally come true: the Financial Times has been sold. The business newspaper’s owner, Pearson, confirmed the sale… 506 more words

Here's why the Financial Times might really be for sale this time

Pearson PLC, the British company that publishes The Financial Times, is said to be exploring a potential sale of its venerable business daily—known for its salmon-colored newspaper pages—for as much as $1.6 billion, … 654 more words

Tech

Mega $16 Billion German Media Merger In Works With ProSiebenSat And Axel Springer

German media titans ProSiebenSat and Axel Springer could be on the verge of a mega $16 billion merger according to reports. The Wall Street Jounal says talks to combine the two companies are at an early stage and could still face regulatory anti-competition hurdles. 171 more words

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