May 14, 2012
By Christo Volschenk
Axel Springer, one of Germany’s leading media groups, is about to make history. When its digital division replaces its newspaper division as the group’s biggest revenue-generator in the second quarter, Axel Springer will be the first multimedia group in Germany to rid itself of its dependence on print to become a digital-driven media group.The group released its financial results for the first quarter recently....
April 20, 2012
By Christo Volschenk
Poland-based Allegro Group, a subsidiary of MIH Internet Europe, which is in turn a subsidiary of South Africa-born media group Naspers, is in the midst of a restructuring process, which recently saw Allegro CEO Grzegorz Wójcik being moved to the position of head of corporate relations at MIH Internet Europe and Hein Pretorius, Amsterdam-based CEO of MIH Internet Europe, assuming the role of CEO of Allegro Group on top of his job in Amsterdam....
April 13, 2012
By Christo Volschenk
Ringier Axel Springer, the joint-venture of media groups Axel Springer and Ringier, confirmed today (here in German) that it is negotiating to acquire a majority stake in Onet.pl, Poland’s most-visited news and entertainment portal. It aims to conclude the deal before the end of May. Should Ringier Axel Springer get...