Capitol News Company

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Capitol News Company, LLC is an American media company based in Arlington, Virginia, United States. It is a private holding company owned by Robert L. Allbritton. [1] Its primary publication was Politico , and acquired by Axel Springer SE, a German publisher in 2021. [2] [3]

History

Capitol News Company was created when Politico (founded in 2007) was spun out of Allbritton Communications Company in 2009. The company also publishes Politico New York, [4] a web site and magazine focused on the politics of New York City and New York state, as well as the inner workings of the New York-based news media, and which later expanded to cover New Jersey and Florida before being rebranded as Politico websites.

In 2020, it launched Protocol , [5] a publication covering the people, power and politics of tech.

In 2021 Politico and Protocol were acquired by Axel Springer SE, a German publisher for US$1billion. [2] [3] [6]

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References

  1. Robert L. Allbritton, Bloomberg , April 21, 2015. Retrieved February 28, 2018.
  2. 1 2 "Axel Springer Completes Acquisition of POLITICO". www.axelspringer.com. Retrieved 2023-01-29.
  3. 1 2 Sherman, Lauren Feiner,Alex. "Politico sells to German publishing giant Axel Springer in deal worth about $1 billion". CNBC. Retrieved 2023-01-29.
  4. "Politico Expands In NY With Capital New York Purchase". HuffPost . 9 September 2013. Retrieved 30 March 2015.
  5. "Protocol — think Politico, but for tech — launches into a crowded space". NiemanLab. February 5, 2020.
  6. Stelter, Brian (2021-08-26). "Politico will be sold to Axel Springer for over $1 billion | CNN Business". CNN. Retrieved 2023-01-29.