Axel Springer open to role in any potential European TikTok deal, spokesperson says
The company said a European carveout could mirror the U.S. deal that shifted control of TikTok’s American operations to a joint venture.
- On Thursday, German publishing group Axel Springer stated it would welcome a European initiative to separate TikTok from its Chinese parent, ByteDance, following the American model.
- Axel Springer CEO Mathias Doepfner pitched the European division concept to Ambassador to France Charles Kushner during a January meeting in Berlin, initially focused on social media antisemitism.
- During a May speech at the World Jewish Congress in Geneva, Doepfner criticized TikTok as "one of the most dangerous propaganda machines for amplifying extremist content," calling for curbs on online Semitism.
- An Axel Springer spokesperson told Reuters the company has "always advocated for a European solution" and would welcome being part of such a deal as a major European media player.
- ByteDance transferred control of TikTok's operations to an American-owned joint venture in January to avert a ban, addressing security concerns about the app popular with over 200 million Americans.
31 Articles
31 Articles
The Financial Times reports that Mathias Döpfner, CEO of German media group Axel Springer, has proposed separating TikTok's European operations from its Chinese parent company ByteDance. He has also proposed taking a stake in TikTok's European business, according to sources.
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WTVBAxel Springer open to role in any potential European TikTok deal, spokesperson says
Oct 22 : Publishing group Axel Springer would welcome any European initiative to separate TikTok from its Chinese owners along the lines of President Donald Trump's deal to split the US social media app from its parent, a spokesperson for the German company said on Thursday.TikTok's Chinese owner, ByteDance,
Tiktok, the Editor of Politico and Telegraph Aims at the European Division: Intended for Acquisition
The proposal could replicate the agreement for TikTok Usa, valued at 14 billion and which provided for the investment of the Ellison family
The owner of Politico and The Telegraph publications, Mathias Dopfner, proposed the purchase of the European branch of TikTok, the Chinese platform for mobile devices focused on creating short videos, wrote...
German media group Axel Springer proposed a change in the platform's ownership in Europe - Its head's meeting with Jared Kushner's father and ByteDance's negative attitude
The owner of Politico and The Telegraph intends to buy out TikTok's European division, The Financial Times reports, citing sources
The owner of Politico and The Telegraph intends to buy out TikTok's European division, The Financial Times reports, citing sources.The head of the German media concern Axel Springer, Mathias Depfner, announced the proposal in January during a lunch at...
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