NewsSpringer wants to increase the number of journalists to...

Springer wants to increase the number of journalists to over 3,000

Around 2,400 journalists currently work for the Axel Springer media group. This number is expected to increase significantly in the next few years.

Berlin – The media group Axel Springer wants to increase the number of its journalists by several hundred in the next few years.

The board member responsible for News Media, Jan Bayer, said in an interview with the “Süddeutsche Zeitung” (Wednesday edition): “Of the 16,000 employees at Axel Springer, 9,000 work in the media sector, of which 2,400 are journalists, and that should be done within the next five years will be more than 3000, a quarter more. “

The flagship of the group is the tabloid brand Bild. The TV broadcaster of the same name started in August, and the printed newspaper is the daily newspaper with the highest circulation in Germany despite the decline in circulation in recent years. Springer also has the journalistic brand Welt in its portfolio. Newsletter businesses and digital brands are also part of the group.

The latest known deal in the journalistic sector – the purchase of the US media company Politico – is not yet included in the targeted increase in the number of journalists, as Bayer explained in the interview.

Springer entered into a strategic partnership with the US financial investor Kohlberg Kravis Roberts (KKR) in 2019 and also withdrew from the stock exchange in 2020. The goal is to grow faster in digital businesses. dpa

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