Axel Springer (SPR) is a top European digital publisher, located in Berlin, Germany. Established in 1946, the company has a portfolio of newspapers, magazines and digital channels and owns some well-established German brands such as BILD and DIE WELT. Additionally, the company holds shares in TV and radio companies. Axel Springer employs more than 15,000 people and operates via subsidiaries and joint ventures in more than 40 countries. The SPR share price is listed on the Frankfurt Stock Exchange and included in the MDAX index.
Axel Springer and his father Hinrich established the company on 1 January 1946 under the name “Axel Springer Verlag GmbH”. The pair had an ambitious plan to build the largest European newspaper corporation shortly after the Second World War was over. Their beliefs, passion, and purposefulness drove the company to become a market leader in the German print business and operate internationally.
The company went public, announcing the Axel Springer share price for the first time in 1985.
Nowadays, Axel Springer SE keeps breaking new grounds in the modern digital world. Knowing that the future lies on the internet, the company keeps its online presence strong by persistently pursuing the goal of building up a fast-growing and profitable digital portfolio. The company is known for its cooperation with various digital start-ups; together they are working on the new online developments in order to make Axel Springer SE a globally leading digital publisher.
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