Axel Springer SE
Axel Springer is a media company engaged in publishing newspapers, magazines and digital sales channels.
Axel Springer SE is a German digital publishing house which is the largest in Europe, with numerous multimedia news brands, such as Bild, Die Welt, and 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, and classified ad models.
Headquartered in Berlin, Germany, the company is active in more than 40 countries with subsidiaries, joint ventures, and licensing.
Front entrance to the Axel Springer headquarters building in West Berlin, 1977, with the Fritz Klimsch owl sculpture. 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; 23.6%, largely because its flagship tabloid Bild is the highest-circulation newspaper in Europe with a daily readership in excess of 12 million.
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Axel Springer SE Details
- Operating Status: Active
- Business Type Public
- Headquarters Berlin, Germany
- Founded Date Apr 1st, 1946
- Organization CEO Mathias Döpfner
- Founders Axel Springer