Tuesday, September 29, 2015

Business Insider Is Now Under the Control of a Global Elitist Organization

So much for the days when I was able to work an Austrian school economist poster into the background at the Business Insider offices.

Axel Springer  AG has taken control of the US online financial news web site, Business Insider, in a deal valuing the news site at $442m, including cash and debt, marking one of the biggest bets yet on a digital media upstart, reports FT. That's a price tag of 9 time revenues.

The German publisher said on Tuesday that it bought 88 per cent of the shares in the US-based media company for $343m. Its total holding is 97 per cent, with the personal investment company of Jeff Bezos, founder of Amazon, owning the remaining shares.

Axel Springer SE is one of the largest digital publishing houses in Europe, with numerous multimedia news brands, such as BILD, WELT, and FAKT and nearly 14,000 employees. It generated total revenues of about €3 billion . The Axel Springer organizations have very clear global elitist ties,

Part of the articles of association of Axel Springer AG are  socio-political preambles that were written by Axel Springer in 1967, amended in 1990 following German reunification and supplemented in 2001, one day after 9/11. The five preambles are  (My highlights)
  • To uphold liberty and law in Germany, a country belonging to the Western family of nations, and to further the unification of Europe.
  • To promote reconciliation of Jews and Germans and support the vital rights of the State of Israel.
  • To support the Transatlantic Alliance, and solidarity with the United States of America in the common values of free nations.
  • To reject all forms of political extremism.
  • To uphold the principles of a free social market economy.

Headquartered in Berlin, Germany, the company is active in more than 40 countries with subsidiaries, joint ventures, and licenses.

Mathias Döpfner  CEO  of Axel Springer SE attended this year's Bilderberg conference.

Philip Zelikow, who was the executive director of the 9/11 Commission,  currently serves as an Axel Springer Fellow at the American Academy.

Some suspect the globalist media conglomerate has strong ties to US intelligence agencies.

  -RW

2 comments:

  1. BI is very progressive in my opinion. They hate gold too.

    ReplyDelete
  2. The Media connected to the intelligence services?
    Say it isn't so

    ReplyDelete