The Latest Breaking News from Axel Springer

Lawsuit says companies gave NYT content ‘particular emphasis’ and ‘seek to free-ride’ on paper’s investment in its journalism

OpenAI is reportedly in the middle of a megadeal with German publisher Axel Springer, which will see it part tens of millions of euros in a span of 3 years. If the deal goes through OpenAI will have access to articles (archived and current) from the publisher, which it'll use…

The deal comes after months of pressure from media publications over fair compensation from AI developers.

Family that formerly controlled media group attempt to deter rival bidders with Abu Dhabi-backed offer

German company registers interest with Goldman Sachs ahead of Telegraph Media Group auction

The Axel Springer CEO sat down with Fortune’s Alyson Shontell at Cannes Lions: “What we need is more investigative reporters, more experts who are reporting on certain topics, more great writers.”

Germany’s best-selling newspaper, Bild, is reportedly adopting artificial intelligence (AI) to replace certain editorial roles, in an effort to cut costs.

The German tabloid is among the most widely-sold newspapers in Europe. In a memo, Axel Springer said several roles will “no longer exist as they do today.”

Publisher Axel Springer announces reorganisation of regional business and outlines plans for digital future

The CEO and co-owner of media company Axel Springer apologized Sunday for making crude remarks about “East Germans” in text messages leaked to a rival newspaper

Mathias Döpfner’s reported comments on climate, Muslims and east Germany – and his apparent political manoeuvring – create shock waves