Back in early July 2021, Axios C.E.O. Jim VandeHei was in his home state of Wisconsin when he received an interesting inbound call. It came from Mathias Döpfner, the erudite and elegant C.E.O. of Axel Springer, the German media giant. During the past decade, Döpfner has greatly expanded both his firm’s footprint and its influence in the U.S. In 2015, Axel acquired Henry Blodget’s Business Insider for $450 million. Years later, Business Insider would buy a minority stake in Morning Brew for $75 million. Meanwhile, Axel entered into an investor agreement with KKR upon which Henry Kravis’s private equity colossus became the company’s majority shareholder for $3.2 billion. Döpfner was appointed to the Netflix board of directors in 2018.
Try Puck for free
Sign up today to join the inside conversation at the nexus of Wall Street, Washington, A.I., Hollywood, and more.
Already a member? Log In
- Daily articles and breaking news
- Personal emails directly from our authors
- Gift subscriber-only stories to friends & family
- Unlimited access to archives
- Exclusive bonus days of select newsletters
- Exclusive access to Puck merch
- Early bird access to new editorial and product features
- Invitations to private conference calls with Puck authors
Exclusive to Inner Circle only
Latest Articles from Media
Bari’s Prison of Her Own Design
The Politico Succession Games Begin…
Tony and Bari on the Rocks
Semafornication
The Tony Accords
Common Sense & Sensibility
The Weiss Flag
Get access to this story
Enter your email for a free preview of Puck’s full offering, including exclusive articles, private emails from authors, and more.
Latest Articles from Media
The 2025 Media State of the Union
The Gulf of Semafor
The Lanzone That Time Forgot
A Weiss Christmas
CNN’s Bari Christmas
The Nuzzicracker Ballet
Substack Entrapment Theory
You have 1 free article Left
To read this full story and more, start your 14 day free trial today →
Already a member? Log In
Get access to this story
Enter your email to get access to one article and free previews of our private emails from Puck authors and editors.
Already a Member? Sign in
Latest Articles from Media
Roman Holiday
Zaz’s Hollywood Endings
A Brave Nuzzi World
The RedBird Balloon
The Bankoff Job
Stan By Me