Axel Springer open to role in any potential European TikTok deal, spokesperson says
The publisher said it would back a European sale of TikTok’s operations, echoing the U.S. deal that moved control away from ByteDance.
- On Thursday, German publishing group Axel Springer said it would welcome a European initiative to separate TikTok from its Chinese owner, ByteDance, mirroring President Donald Trump's deal to transfer the app's American operations to a joint venture.
- ByteDance finalized a deal in January to transfer TikTok's American operations to an American-owned joint venture, aiming to avert a ban in America and allay security concerns for the platform popular with over 200 million Americans.
- During a January meeting in Berlin, Axel Springer CEO Mathias Doepfner pitched a European TikTok division concept to Charles Kushner, the American Ambassador to France, after initially discussing antisemitism in social media.
- Doepfner has previously called TikTok "one of the most dangerous propaganda machines for amplifying extremist content" during a May speech at the World Jewish Congress in Geneva while advocating for curbs on antisemitism.
- A company spokesperson told Reuters that Axel Springer would have welcomed participation in a European solution, noting that Doepfner has consistently advocated for an arrangement similar to the American model.
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36 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.
Channel News Asia
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
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