Axel Springer Eyes Digital Media Expansion

Axel Springer SE Chief Executive Officer Mathias Doepfner plans to continue expanding in English-speaking markets this year to drive growth after spending $343 million to buy online news site Business Insider in 2015. “With three quarters of profits coming from digital businesses, it’s a good starting point now to really enter the English-speaking markets,” Doepfner said Thursday in an interview on Bloomberg TV after the company reported rising 2015 sales and profit. "The U.S. is a top priority.”

Rift Widens Between Trump and Business Leaders
27:02 - President Donald Trump is finding relations with business leaders strained as he disband his CEO advisory councils in the wake of his reaction to last weekend's violence in Virginia. Bloomberg's Kevin Cirilli reports on "Bloomberg Daybreak: Americas." (Source: Bloomberg)
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