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# Politico Sold for Billion-Plus to German Publishing Giant
- URL: https://capitolcommunicator.com/politico-sold-for-more-than-a-billion-dollars/
- Published: 2021-08-26T19:19:05.000Z
- Updated: 2021-08-27T14:19:24.000Z
- Author: Capitol Communicator
- Tags: Media, Acquisitions, #wp-top-center-sponsored, #Import 2026-10-08 18:51

**Politico, the digital media company covering politics and policy based in Arlington, VA,** is being sold to German publishing giant Axel Springer for more than $1 billion, according to a source familiar with the terms. Axel Springer also will acquire the remaining 50 percent share of its joint venture Politico Europe, and the tech news website Protocol from current owner **Robert Albritton**.

The deal is subject to regulatory approval, with closing expected in the fourth quarter of this year.

The acquisition marks a further reach by Axel Springer into the U.S. market, as it already has Insider and Morning Brew as part of its portfolio, reports Deadline.

More [here](https://deadline.com/2021/08/politico-axel-springer-1234822427/?ref=capitolcommunicator.com).