European mass and online media company based in Berlin, with a growing digital portfolio
Axel Springer has completed its £575m takeover of Telegraph Media Group, ending three years of ownership uncertainty. The deal will accelerate the Telegraph’s digital transformation and push for growth in the US, leveraging the group’s Politico and Business Insider assets. Editorial independence is described as sacrosanct, with focus on expanding UK and overseas reach.
President Donald Trump has announced an immediate ban on CNN, MS NOW and Politico from the White House, accusing them of publishing "fake news." The outlets and press groups have condemned the move as unconstitutional; the three have said they will sue and ask a judge to restore their press credentials.