Sky Deutschland GmbH, branded as Sky, is a German media company that operates a direct broadcast satellite Pay TV platform in Germany and Switzerland. It provides a collection of basic and premium digital subscription television channels of different categories via satellite and cable television, it was launched in 1991 as Premiere. The channel started as a single analogue channel on the Astra 1A satellite, showing films dubbed into German, as well as in original audio, live football matches from the German Bundesliga and Austrian Bundesliga, documentaries and TV series. After the coming of the digital age, the service has since consisted of many channels with many new ones added over the years. On 4 July 2009, the service and its channels were rebranded as "Sky". Sky Deutschland is a wholly owned subsidiary of Comcast-owned Sky; the programming service itself is provided by its subsidiary Sky Deutschland Fernsehen Co.. KG, it topped 3,000,000 subscribers by the end of 2011. As of Q2 2014, Sky Deutschland has more than 4 million subscribers.
The German Sky has its origin in the analogue premium channel Premiere. It was owned by Kirch Group and Canal+, started broadcasting in 1991. In 1996, Kirch Media launched a digital satellite platform called DF1, which offered several different channels, including premium movie and sports channels and thematic channels. Premiere started broadcasting three digital channels in 1997, one channel mirroring the analogue channel and two showing the same content at different times. Premiere and DF1 merged to form Premiere World on 1 October 1999. Many of the channels offered on DF1 were carried over to Premiere World, others were rebranded or closed. In 2002, the service became known as Premiere. Many of the channels were rebranded and the package structure was overhauled at the same time. At the same time, KirchGroup filed for bankruptcy. In 2003, investment group Permira took control of Premiere. Exclusivity was for a long time a major selling point for Premiere, most of its channels were only available through the Premiere platform.
This changed in September 2007, when Premiere launched Premiere Star, a new satellite package made up of channels that were not exclusive to Premiere. The new package was called Sky Welt/Extra; the package included TNT Film, Sat.1 emotions, Kabel eins Classics, AXN, Kinowelt. TV, RTL Living, RTL Crime, FOX, Syfy Universal, Disney Junior, Disney XD, Cartoon Network, ESPN America, Eurosport HD, Eurosport 2, National Geographic Channel, Discovery Channel, MTV Germany, MTV Live HD and Nicktoons. On 4 July 2009, Premiere was rebranded. In conjunction with the relaunch, many channels disappeared from the platform, switched packages or were renamed. Several new channels were added; the rebrand marked the return of News Corporation's Sky brand to Germany since the encryption of the Sky Channel in 1993, apart from availability of Sky News. Sky sells it services to pubs, restaurants and other establishments; the services are marketed by Sky Business. Following News Corporation's split on 28 June 2013 to create two separate companies, 21st Century Fox, the spin-off company New News Corp, the 54.5% stake held by News Corporation in Sky Deutschland was retained by the rebranded 21st Century Fox.
Following media speculation, on 12 May 2014 Sky Deutschland's sister company, BSkyB, confirmed that it was in talks with its largest shareholder, 21st Century Fox, about acquiring Fox's 57.4% stake in Sky Deutschland and its 100% stake in Sky Italia. The enlarged company would be to be called "Sky Europe" and it will consolidate 21st Century Fox's European digital TV assets into one company; the acquisition of the 57.4% stake was formally announced on 25 July 2014. BSkyB made a required takeover offer to Sky Deutschland's minority shareholders; this resulted in BSkyB acquiring 89.71% of Sky Deutschland's share capital in total. The acquisitions were completed on 13 November. British Sky Broadcasting Group plc changed its name to Sky plc on 21 November 2014. On 27 November 2014 Sky plc increased its shareholding in Sky Deutschland to 90.04%, by 2015 had bought out the remaining shareholders, de-listing the company from the Frankfurt stock exchange. On 17 November 2016, Sky Deutschland and WWE signed a multiyear agreement to distribute WWE's premier pay-per-view events and broadcast Raw and SmackDown live on Sky Sports starting in April 2017.
In May 2017, Sky Deutschland acquired Homedia, operator of the Swiss over-the-top streaming company Hollystar. Sky subsequently launched Sky Sport as an OTT service in Switzerland, followed by an OTT entertainment service known as Sky Show in 2018. In September 2017 Sky Deutschland extended its multi-year satellite capacity deal with satellite operator SES for seven transponders at the 19.2°E orbital position, confirming its long-term commitment to satellite delivery of services. The channels that make up the Sky package broadcast from the Astra 19.2°E satellite position, using the Astra 1H, Astra 1L, Astra 1M satellites. Channels are uplinked by Sky Italia. Between 2004 and 2016, they were uplinked by SES Platform Services. All channels are available in separate HD channels. Sky 1 Sky Atlantic Sky Cinema Sky Cinema +1 Sky Cinema +24 Sky Cinema Hits Sky Cinema Action Sky Cinema Comedy Sky Cinema Family Sky Krimi Sky Sport News Sky Sport 1-10 Sky Sport Austria Sky Sport Bundesliga 1-10 Sky Select 1-10 Sky Arts Sky 3D Sky Info Sky Sport Fanzone In mid 2013, the company considered using bone conduction via train windows to broadcast ads to train rid
Al-Waleed bin Talal
Prince Al-Waleed bin Talal bin Abdulaziz al Saud is a Saudi businessman, philanthropist, a member of the Saudi royal family. He was listed on Time magazine's Time 100, an annual list of the hundred most influential people in the world, in 2008. Al-Waleed is a grandson of Ibn Saud, the first Saudi king, a half-nephew of all Saudi kings since, a grandson of Riad Al Solh, he is the founder, chief executive officer and 95 percent owner of the Kingdom Holding Company, a Forbes Global 2000 company with investments in companies in the financial services and hospitality, mass media, retail, petrochemicals, aviation and real-estate sectors. In 2013, the company had a market capitalization of over $18 billion. Al-Waleed is Citigroup's largest individual shareholder, the second-largest voting shareholder in 21st Century Fox, a minor shareholder in Zaveriwala Holdings LLC and owns Paris' Four Seasons Hotel George V and part of the Plaza Hotel. Time has called him the "Arabian Warren Buffett". In November 2017 Forbes listed Al-Waleed as the 45th-richest man in the world, with an estimated net worth of $18.7 billion.
The previous year, he announced. He had donated $3.5 billion over the course of 35 years through his charitable organization Alwaleed Philanthropies. On 4 November 2017 he and other prominent Saudis were arrested in Saudi Arabia, in a purge that the Saudi government characterized as an anti-corruption drive; the allegations against Prince Al-Waleed include money laundering and extorting officials. Some of the detainees have been in Riyadh since then. Al-Waleed was released from detention on 27 January 2018, following a financial settlement of some kind, after nearly three months in detention. In March 2018 he dropped out from the World's Billionaires list. Al-Waleed was born in Jeddah on 7 March 1955 to Prince Talal bin Abdul-Aziz, long-time-known as The Red Prince, Mona Al Solh, daughter of Riad Al Solh, his father was Saudi Arabia’s finance minister during the early 1960s, before he went into exile due to his advocacy for political reform. Al-Waleed's grandmother was an Armenian whose family escaped the Armenian Genocide.
She was presented by the emir of Unayza to Ibn Saud in 1921, when she was 12 years old and Ibn Saud was 45. Al-Waleed's parents separated when he was seven, he lived with his mother in Lebanon, he first attended Pinewood College in Beirut. As a boy, he ran away from home for a day or two at a time before attending military school in Riyadh, the King Abdul Aziz Military Academy. In 1974, he returned to Lebanon, attending the Choueifat School and Manor School. Al-Waleed received a bachelor's degree in business administration from Menlo College in California in 1979, finishing in two-and-a-half years, a master's degree with honors in social science from Syracuse University in 1985, finishing in eleven months. Al-Waleed began his business career in 1979 after graduating from Menlo College, he returned to Saudi Arabia, in the midst of the 1974–85 oil boom. Operating from a small, four room cabin in Riyadh and $30,000 start-up money provided by Prince Talal, al-Waleed formed Kingdom Establishment in 1980.
When that money ran out in a few months, he secured a $300,000 loan from the Saudi American Bank owned by Citibank. Rather than taking a commission for facilitating contracts as the required middleman, Al-Waleed insisted on a stake in the project, his first success was in 1982, partnering with a South Korean construction company, from on, his commissions were used to fund his real estate deals. In his own words, "All the money I used to get from this construction, I used to plough it back into real estate, in the stock market, both."After the end of the Saudi oil boom, Al-Waleed acquired the underperforming United Saudi Commercial Bank. Through mergers with Saudi Cairo Bank, forming United Saudi Bank, the Saudi American Bank, it became a leading Middle Eastern bank; the hostile takeover of USCB in 1986, the merger with SCB in 1997, the merger of USB with SAMBA in 1999, were the first of their kind in the Kingdom. He secured a majority in Al-Azizia Panda, merging it with the Savola Group, took over National Industrialization Company.
By 1989, his net worth was $1.4 billion, included stakes in Canary Wharf, Four Seasons Hotel Group, News Corporation. When Al-Waleed turned to the international market, he focused on "established brands going through hard times," as Riz Khan puts it. Al-Waleed would do his homework, wait for the proper purchase entry point, he invested about $250 million in Chase Manhattan, Manufacturers Hanover, Chemical Bank. After seven months, he sold his stakes in the other banks and concentrated on investing in Citicorp, acquiring 4.9 percent of the bank. Though the worst performing bank of the four, Al-Waleed considered. In Sept. 1990, Citibank was undercapitalized due to real estate credit losses and exposure to Latin America debt, prompting a need for a capital reserve. By Nov. they were seeking investors. Based on his banking experience in the Kingdom, Al-Waleed agreed in Jan. 1991 to invest $590 million, about half his accumulated wealth, in a five-year convertible security paying 11 percent interest.
By Feb. that took his total investment in Citicorp to $797 million, or about 15 percent of the company. Though he had received a Federal Reserve temporary waiver to
Lehman Brothers Holdings Inc. was a global financial services firm. Before filing for bankruptcy in 2008, Lehman was the fourth-largest investment bank in the United States, doing business in investment banking and fixed-income sales and trading, investment management, private equity, private banking. Lehman was operational for 158 years from its founding in 1850 until 2008. On September 15, 2008, the firm filed for Chapter 11 bankruptcy protection following the massive exodus of most of its clients, drastic losses in its stock, devaluation of assets by credit rating agencies sparked by Lehman's involvement in the subprime mortgage crisis, its exposure to less liquid assets. Lehman's bankruptcy filing is the largest in US history, is thought to have played a major role in the unfolding of the financial crisis of 2007-08; the market collapse gave support to the "Too Big To Fail" doctrine. After Lehman Brothers filed for bankruptcy, global markets plummeted; the following day, Barclays announced its agreement to purchase, subject to regulatory approval, Lehman's North American investment-banking and trading divisions along with its New York headquarters building.
On September 20, 2008, a revised version of that agreement was approved by U. S. Bankruptcy Judge James M. Peck; the next week, Nomura Holdings announced that it would acquire Lehman Brothers' franchise in the Asia-Pacific region, including Japan, Hong Kong and Australia, as well as Lehman Brothers' investment banking and equities businesses in Europe and the Middle East. The deal became effective on October 13, 2008. In 1844, 23-year-old Henry Lehman, the son of a Jewish cattle merchant, immigrated to the United States from Rimpar, Bavaria, he settled in Montgomery, where he opened a dry-goods store, "H. Lehman". In 1847, following the arrival of his brother Emanuel Lehman, the firm became "H. Lehman and Bro." With the arrival of their youngest brother, Mayer Lehman, in 1850, the firm changed its name again and "Lehman Brothers" was founded. During the 1850s, cotton was one of the most important crops in the United States. Capitalizing on cotton's high market value, the three brothers began to accept raw cotton from customers as payment for merchandise beginning a second business trading in cotton.
Within a few years this business grew to become the most significant part of their operation. Following Henry's death from yellow fever in 1855, the remaining brothers continued to focus on their commodities-trading/brokerage operations. In 2002, the City of Chicago passed an ordinance requiring all vendors contracting with the city to disclose any ties to slavery they had had in their history. In response, the city received over 2,000 disclosures, including one from Lehman which admitted that in 1854, it had purchased a slave named Martha and had owned other slaves. By 1858, the center of cotton trading had shifted from the South to New York City, where factors and commission houses were based. Lehman opened its first branch office at 119 Liberty Street, 32-year-old Emanuel relocated there to run the office. In 1862, facing difficulties as a result of the Civil War, the firm teamed up with a cotton merchant named John Durr to form Lehman, Durr & Co. Following the war the company helped finance Alabama's reconstruction.
The firm's headquarters were moved to New York City, where it helped found the New York Cotton Exchange in 1870. The firm dealt in the emerging market for railroad bonds and entered the financial-advisory business. Lehman became a member of the Coffee Exchange as early as 1883 and the New York Stock Exchange in 1887. In 1899, it underwrote its first public offering, the preferred and common stock of the International Steam Pump Company. Despite the offering of International Steam, the firm's real shift from being a commodities house to a house of issue did not begin until 1906. In that year, under Emanuel's son Philip Lehman, the firm partnered with Goldman, Sachs & Co. to bring the General Cigar Co. to market, followed by Sears and Company. During the following two decades one hundred new issues were underwritten by Lehman, many times in conjunction with Goldman, Sachs. Among these were F. W. Woolworth Company, May Department Stores Company, Gimbel Brothers, Inc. R. H. Macy & Company, The Studebaker Corporation, the B.
F. Goodrich Co. and Endicott Johnson Corporation. Following Philip Lehman's retirement in 1925, his son Robert "Bobbie" Lehman took over as head of the firm. During Bobbie's tenure, the company weathered the capital crisis of the Great Depression by focusing on venture capital while the equities market recovered. Traditionally a family-only partnership, in 1924, John M. Hancock became the first non-family member to join the firm, followed by Monroe C. Gutman and Paul Mazur in 1927. By 1928, the firm moved to its now famous One William Street location. In the 1930s, Lehman underwrote the initial public offering of the first television manufacturer, DuMont Laboratories, helped fund the Radio Corporation of America, it helped finance the growing oil industry, including the companies Halliburton and Kerr-McGee. In the 1950s, Lehman underwrote the IPO of Digital Equipment Corporation, it arranged the acquisition of Digital by Compaq. Robert Lehman died in 1969 after 44 years as the patriarch of the firm, leaving no member of the Lehman family involved with the partnership.
Robert's death, coupled with a lack of a clear successor from within the Lehman family, left a void in the company. At the same time, Lehman was facing strong headwinds amidst the difficult economi
Broadcasting of sports events
The broadcasting of sports events is the live coverage of sports as a television program, on radio, other broadcasting media. It involves one or more sports commentators describing the events as they happen. Broadcasting of sports started with descriptions of play sent via telegraph in the 1890s. In 1896, a telegraph line was connected to the Victoria Rink in Montreal to update fans in Winnipeg of the Stanley Cup challenge series between Montreal and Winnipeg ice hockey teams. In 1923, the first radio broadcast of an ice hockey game took place on 8 February, with the broadcast of the third period of a game between Midland and North Toronto of the Ontario Hockey Association; that month, the first full-game broadcast took place in Winnipeg. That same season, hockey broadcasting pioneer Foster Hewitt made his first broadcast. In 1933, Hewitt called a Canada-wide radio broadcast of an NHL game between the Detroit Red Wings and the Toronto Maple Leafs. Always starting the broadcast with "Hello and hockey fans in the United States and Newfoundland!".
Today it is among the highest-rated programs in Canada. Broadcasting of the Canadian Football League has been a fixture of Canadian television since the CBC's debut in 1952. From 1962 through 2007, there were two separate CFL contracts: one for CBC, one for CTV. Terrestrial television broadcasts of CFL games ended in 2008, when TSN acquired exclusive TV rights to the league. American sports broadcasts are available in Canada, both from Canadian stations and from border blasters in the United States. In order to protect Canadian broadcasters' advertising, broadcast stations can invoke simultaneous substitution: any cable or satellite feed of an American station broadcasting the same program as a Canadian broadcast station must be blacked out and replaced by the Canadian feed; this rule is part of the reason the NFL, broadcast on terrestrial television in the United States but has no direct presence in Canada, is broadcast on terrestrial TV in Canada, while the CFL no longer is. For the purposes of regional sports broadcasting, the Toronto Blue Jays and Toronto Raptors both claim all of Canada as their "territory," allowing Blue Jays and Raptors games to be broadcast nationwide.
The first live commentary on a field sport anywhere in Europe was when Paddy Mehigan covered the All-Ireland Hurling Semi-Final between Kilkenny and Galway on 29 August 1926. This game is credited with being the first because the BBC was prevented from broadcasting sporting events before 7.00pm as a means of protecting British newspaper sales. The first sports event broadcast in the United Kingdom was a Rugby Union international between England and Wales, broadcast from Twickenham in January 1927. Two weeks the first broadcast of a football match took place, with the BBC covering Arsenal's league fixture against Sheffield United at Highbury. Listeners to the broadcast could use numbered grids published in the Radio Times in order to ascertain in which area of the pitch the action was taking place due to a second commentator reading out grid references during the match; this is believed to be the origin of the phrase "Back to square one." The United Kingdom saw the first live television broadcast of a football match, with the BBC showing a specially arranged fixture between Arsenal and Arsenal Reserves on 16 September 1937.
The British media is dominated with local media playing a much smaller role. Traditionally the BBC played a dominant role in televising sport, providing extensive high-quality advertisement free coverage and free publicity in exchange for being granted broadcast rights for low fees. ITV broadcast a smaller portfolio of events, Channel 4 broadcast a few events from the 1980s horse races and so-called minority sports. In the early 1990s this arrangement was shaken up by the arrival of pay-TV in the form of BSkyB, their dedicated sports channels have since become the only place for some major sports to be seen. Starting in 2006 the Irish company Setanta Sports emerged as a challenger to Sky Sports' dominance of the British pay-TV sports market. Between 2009 and 2013 ESPN made an attempt to challenge Sky Sports before its British operations were bought out by Sky's current main competitor, BT Sport. There are a dedicated UK version of Eurosport, called British Eurosport, Eleven Sports. Radio sports coverage is important.
BBC Radio 5 Live broadcasts all major sports events. It now has a commercial rival called Talksport, but this has not acquired anywhere near as many exclusive contracts as Sky Sports and dedicates much of its airtime to sports discussions and phone-ins. BBC Local Radio provides extensive coverage of sport, giving more exposure to second-tier clubs which get limited national coverage. National and local media both serve major roles in broadcasting sports in the United States. Depending on the league and event, telecasts are shown live on network television (traditionally on weekends and during major events — either nation
Leo Kirch was a German media entrepreneur who founded the Kirch Group. Kirch was born in Volkach, but shortly afterward his family moved to the nearby town of Würzburg. After completing high school, he studied marketing and management as well as mathematics at the University of Munich, graduating in 1952, it was during this time. Borrowing money from his wife's family, he purchased exclusive German rights for the Italian movie La strada in 1960; as his company rose to become one of the most important private media companies in the West Germany, the country's second public broadcaster, ZDF, came to depend on it for films and other programs as a result of companies that appeared to be competing being owned by Kirch. This situation remained for many decades, until the launch of commercial television in 1984. Kirch was the owner of the first private channel, Sat.1 and withdrew his series from ZDF. In 1985 he purchased a stake in the leading tabloid Bild after the death of former owner Axel Springer.
During the 1990s he set up the subscription television service Premiere and became a key player in sports broadcasting rights, paying massive amounts for the rights to the German Bundesliga to the point where players of moderate ability could earn multi-million mark salaries. This was consistent with trends happening across much of Europe at the same time. In addition, in 1996 he purchased the rights to the 2002 and 2006 FIFA World Cups for some €1.9 billion and purchased the rights to Formula One for €1.5 billion. During this decade there were reports of the group being on the edge of insolvency, his large investments in sports broadcasting rights and in pay television were major reasons. In other countries of Europe pay television could be operated profitably, because there were few receivable channels. Many programs aired on Premiere at the same time that they aired on terrestrial television; this resulted in an investment of some €3 billion for only 2.4 million subscribers. Combined with the fact that many of the packages were more expensive than similar packages available, the decoder was easy to crack, resulting in large amounts of piracy.
In 2002 these difficulties came to a head and KirchMedia declared itself insolvent on April 8. Kirch himself withdrew itself from the enterprise, but kept up participation in the Swiss arms on his business, transferring sports broadcasting rights to the subsidiary; the insolvency represents the largest insolvency of an enterprise in German postwar history. The next month Kirch sued Deutsche Bank for €100m, claiming that they had questioned the status of the group and disclosed confidential business information in the process. Leo Kirch and former Chancellor of Germany Helmut Kohl were on friendly terms for decades. Kirch was always accused of preferential advertising. Kohl arranged the creation of commercial television as one of his first official acts as Chancellor in 1982. During the 1999 CDU contributions scandal, it was revealed that Kirch had donated six million DM to the CDU during Helmut Kohl's tenure as chancellor. In addition, along with various other CDU/CSU politicians, was revealed to be an adviser to the firm during the insolvency process.
Kirch was identified by the Wall Street Journal to be a target of Deutsche Bank's spying scandal. Moreover, according to the WSJ, the lawfirm, representing Kirch was the target, victim of, an effort to infiltrate a "mole" into the firm in furtherance of the Bank's spying. Kirch sued Deutsche Bank after Rolf E. Breuer, chief executive at the time, appeared on Bloomberg Television in 2002 and commented on the Kirch Group's creditworthiness, saying that the financial sector was unwilling to lend to the company. Kirch asserted that the Bank had breached German confidentiality laws and tried to damage his company's reputation, blaming the Bank for the Kirch Group's collapse. After decades of litigation, Deutsche Bank announced in 2014 that it would pay Kirch's heirs more than €775 million in a legal settlement, although it denies the allegations contended by Kirch. Kirch suffered from diabetes and a heart condition, becoming blind as a result, he died in Munich, aged 84. Kirch had been married since 1954 to Ruth Kirch.
The two had one son, Thomas
Axel Springer SE
Axel Springer SE is a German digital publishing house, the largest in Europe, with numerous multimedia news brands, such as Bild, Die Welt, Fakt and more than 15,000 employees. It generated total revenues of about €3.3 billion and an EBITDA of €559 million in the financial year 2015. The digital media activities contribute more than 60% to its revenues and nearly 70% to its EBITDA. Axel Springer’s business is divided into three segments: paid models, marketing models, classified ad models. Headquartered in Berlin, the company is active in more than 40 countries with subsidiaries, joint ventures, licensing, it was started in 1946/1947 by journalist Axel Springer. Its current CEO is Mathias Döpfner; the Axel Springer company is the largest publishing house in Europe and controls the largest share of the German market for daily newspapers. The media offerings of Axel Springer SE are clustered in: current news, sports and consumer electronics, as well as lifestyle. Die Welt, the intellectual flagship of the company Bild, tabloid with the largest circulation in Europe Auto Bild, automobile magazine with the largest circulation in Europe Audio Video Foto Bild, magazine for consumer electronics Computer Bild, published in nine countries, is Europe's best-selling computer magazine Sport Bild, published in many countries, is Europe's largest sport magazine Auto.cz, the largest Czech internet car portal including RoadLook.tv, starting in Slovakia and Poland as well Fakt, the largest daily tabloid in Poland B.
Z. local newspaper Watchmi, a personalized TV content discovery system Musikexpress, a monthly music magazine the German edition of the magazine Rolling Stone Transfermarkt, a football statistics website Business Insider, a business and technology news website INSIDER, a social-first lifestyle publication. In addition, the company is active in the online editorial and marketing business with its shares in aufeminin.com and buy.at and owns several classified advertising online platforms such as the online career site StepStone, the real estate marketing portal immonet and price comparison platform idealo. 1946: Publisher Hinrich Springer and his son Axel Springer establish the limited company Axel Springer Verlag GmbH. Launch of the NORDWESTDEUTSCHE HEFTE and the radio and TV magazine HÖRZU. 1948: Launch of the evening newspaper HAMBURGER ABENDBLATT, the first daily created by Axel Springer. 1952: Launch of the popular daily BILD. The paper was based on the British tabloid Daily Mirror, peaked at circulation of 5 million in the 1980s.
1953: Axel Springer Verlag buys the publishing house DIE WELT, including the daily paper DIE WELT and the Sunday paper WELT am SONNTAG. 1956: Company headquarters in Hamburg is built. 1959: The company acquires the majority holding in Ullstein AG, including the Berlin newspapers BERLINER MORGENPOST and B. Z. and the Ullstein book-publishing business. 1966: Official opening of the Berlin headquarters. Hamburg remains important site. 1968: After the attack on the students' leader Rudi Dutschke on 11 April 1968 the APO starts acts of violence against the company. The APO had a history of animosity with the Springer Group's biased coverage of the student movement. For instance, in the wake of the shooting of Benno Ohnesorg by the police at a student demonstration against the Shah, one Springer paper reported that “what happened yesterday in Berlin had nothing to do with politics… It was criminal in the most sickening way.”. In fact, who had never attended a demonstration before, had been shot in the back while trying to leave the demonstration.
1972–73: Building of the offset-printing plant in Essen-Kettwig. 1984: Official opening of the offset printing facility in Ahrensburg near Hamburg. 1985: 49% of the company is offered for public subscription. That year Axel Springer dies. Control is passed to his widow Friede Springer. 1986: The first licensed edition of AUTO BILD comes out in Italy. Other licensed editions and joint venture publications appear in twenty European countries and Thailand. 1993: Official opening of the offset printing works in Berlin-Spandau. 2001: Axel Springer and T-Online establish a joint subsidiary Bild.de/T-Online AG. 2002: Launch of immonet.de. Mathias Doepfner, former editor-in-chief of Die Welt, becomes CEO of Axel Springer AG. 2003: Name is changed to Axel Springer AG. 2009: Axel Springer AG acquires affiliate marketers Zanox and Digital Window as well as StepStone ASA. 2010 a $635.7 million offer by Axel for leading French real estate website operator seloger.com caused seloger shares to rise as much as 32% the most since it went public.
Within 3 days Axel increased its offer 15.6% to $735 million after seloger shareholders rejected the deal. 2012 Axel Springer forms a joint venture with global growth equity firm General Atlantic. The company buys TotalJobs in the UK from Reed Elsevier. 2013: Springer sells its regional newspapers, woman's magazines, television magazines to Funke Mediengruppe for €920 million 2013: Publications Grand Public, a French magazine publisher owned by Springer, is sold to Reworld Media. 2015: Axel Springer AG purchases Business Insider, a business and technology news website, in a deal that values Business Insider at $442 million. 2015: On December 8, Axel Springer increased their share in Axel Springer Digital Classifieds GmbH from 70 per cent to 85 per cent, was granted a purchase option to acquire the remaining 15 per cent from General Atlantic. On December 9, Axel Springer exercised the option, acquiring the additional 15% from General Atlantic in exchange