Supersonic 49,376 Posted August 26, 2021 Share Posted August 26, 2021 Politico, the Washington news site that has prospered for years as Beltway professionals gobbled up its scoops and inside-baseball-style reporting, will have a new owner. The German publishing giant Axel Springer agreed to buy Politico in a deal announced on Thursday that could shake up the Washington media scene. Springer will take control of Politico and its sister site, Politico Europe, as well as Politico’s tech news site, Protocol, a relatively new venture, the companies said. The deal, expected to close by the end of the year, is valued at more than $1 billion, two people familiar with the matter said. The New York Times reported last week that Politico’s owner, Robert Allbritton, was seeking $1 billion for the deal. The companies did not disclose financial terms. https://www.nytimes.com/2021/08/26/business/politico-axel-springer-acquired.html Axel Springer is a traditionally right-wing media conglomerate in Germany, home to Germany's biggest daily newspaper BILD (right-wing populist) and WELT (right-wing libertarian). Link to post Share on other sites More sharing options...
Jill 31,812 Posted August 26, 2021 Share Posted August 26, 2021 Former First Lady of the United States. Now card-carrying member of the Communist Party of China (CPC). Link to post Share on other sites More sharing options...
bionic 50,111 Posted August 26, 2021 Share Posted August 26, 2021 They do this on purpose to trick people into thinking they’re reliable sources of information, meanwhile the journalistic integrity is slowly eroded Link to post Share on other sites More sharing options...
Jill 31,812 Posted August 26, 2021 Share Posted August 26, 2021 6 minutes ago, bionic said: They do this on purpose to trick people into thinking they’re reliable sources of information, meanwhile the journalistic integrity is slowly eroded This is why we need communism. Non ironically You can't just be flip-floping your entire ideology based on the amount of money someone from across the ocean has. Unbelievable. Former First Lady of the United States. Now card-carrying member of the Communist Party of China (CPC). Link to post Share on other sites More sharing options...
AndiGaga 7,232 Posted August 26, 2021 Share Posted August 26, 2021 BILD is not right wing wtf? Link to post Share on other sites More sharing options...
Nemo 4,410 Posted August 26, 2021 Share Posted August 26, 2021 Politico was pretty conservative already. Link to post Share on other sites More sharing options...
socotra 3,357 Posted August 26, 2021 Share Posted August 26, 2021 8 minutes ago, Nemo said: Politico was pretty conservative already. this, let's not act like they were the pinnacle of journalistic integrity before this lol they're certainly not the New York Times or The Atlantic i've always found them to be a slightly better political equivalent of Buzzfeed News – highly sensationalized, focused more on palace intrigue than substance, heavy on political characters and drama. Link to post Share on other sites More sharing options...
StarstruckIllusion 53,564 Posted August 26, 2021 Share Posted August 26, 2021 POLITICO was trash already, but after this?Uh lemme not hear a single serious person quote them again … Link to post Share on other sites More sharing options...
Emvee 8,829 Posted August 26, 2021 Share Posted August 26, 2021 Nobody will be taking them seriously moving forward. They were already borderline, but this cements it. Link to post Share on other sites More sharing options...
Supersonic 49,376 Posted August 26, 2021 Author Share Posted August 26, 2021 1 hour ago, AndiGaga said: BILD is not right wing wtf? Describing BILD as right-wing only is already gracious when they've been borderline close to being alt-right since the start of the Syrian civil war. Link to post Share on other sites More sharing options...
Derrick615 12 Posted August 26, 2021 Share Posted August 26, 2021 Like watching Veep unfold in real life!! When Amy says , wow politico has really gone to ****. Link to post Share on other sites More sharing options...
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