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Christoph Eck‑Schmidt to become head of the Bild group at Axel Springer
Christoph Eck‑Schmidt will assume overall strategic and operational responsibility for the Bild group on August 1, succeeding Carolin Hulshoff Pol. Hulshoff Pol is moving within the group to the UK to lead the Telegraph Media Group. Eck‑Schmidt is relinquishing his current roles as Axel Springer’s head of distribution and marketing and as CEO of the digital subsidiary Bonial, and intends to further develop digital products and business models while strengthening Bild’s market leadership in advertising. » More on wiwo.de
Axel Springer completes takeover of the Telegraph
Axel Springer has completed the acquisition of the Telegraph Media Group after receiving all required regulatory approvals in the UK, Ireland and Austria. The group is paying £575 million (€661 million) to the previous owner RedBird IMI. Springer plans to drive the Telegraph Group’s expansion into the US market, leveraging brands such as Politico and Business Insider. » More on de.investing.com
Axel Springer increases revenue and adjusted EBIT significantly after separation from KKR and CPP
Axel Springer, newly restructured, published figures for the first time after the departure of financial investors KKR and CPP: pro-forma revenue for 2025 was about €2.2 billion. Adjusted EBIT rose 29.4% to €241.4 million, and adjusted EBITDA grew 12.9% to €364.0 million. In the first quarter of 2026, pro-forma revenue increased 2.6% (currency-adjusted over 5%) and adjusted EBIT more than doubled to €54.1 million. » More on welt.de
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