Axel Springer to acquire POLITICO and Protocol.

Axel Springer, the publishing group, agreed to acquire POLITICO, the news organization, and Protocol, a digital media company. Financial terms are not disclosed. “POLITICO’s outstanding team has disrupted digital political journalism and set new standards. A true North Star. It will be a privilege and a special responsibility to help shape the future of this outstanding media company. Objective quality journalism is more important than ever, and we mutually believe in the necessity of editorial independence and nonpartisan reporting. This is crucial for our future success and accelerated growth," Mathias Döpfner, Axel Springer CEO.