Bloomberg: Axel Springer plans internet and foreign expansion

April 25th, 2008Posted by Laura Oliver in Editors' pick, Journalism, Newspapers, Online Journalism

Europe’s biggest newspaper publisher Axel Springer has announced plans to expand its internet and foreign prospects to recover from its loss-making move into the German mail-delivery business.

Last year the publisher bought up titles outside of Germany to lessen its dependence on the country’s economy and newspaper industry.

Acquisitions online in 2007 included women’s web portal producer AuFeminin.com SA, financial news site Wallstreet:Online and local news site Hamburg.de.

Tags: AuFeminin.com SA, Axel Springer, Europe, Germany, Hamburg, local news site, newspaper publisher, web portal producer

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Bloomberg: Axel Springer plans internet and foreign expansion

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