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We knew that Scott Snyder and James Tynion IV were lining up to come to Thought Bubble in Harrogate this November. Now we get the confirmation that they
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by Tyler Durden
Friday, May 21, 2021 - 11:59 AM
Rumors about political news upstart Axios possibly combining with the sports-focused subscription media empire the Athletic in a SPAC deal were apparently off-base. Instead, German media conglomerate Axel Springer is reportedly on the cusp of acquiring Axios and adding it to its growing English-language media empire, which presently consists of Insider (formerly Business Insider) and its associated properties.
The news was first reported by the Information. Details of a possible purchase price weren t disclosed, and it s unclear how far along the talks are. A deal could still fall apart. And a spokesperson for Axel Springer said the company doesn t comment on market rumors , while Axios CEO Jim VandeHei didn t respond to the Information s prodding.