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Capitol News Company

From Wikipedia, the free encyclopedia

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

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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]

References

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  1. ^ Robert L. Allbritton, Bloomberg, April 21, 2015. Retrieved February 28, 2018.
  2. ^ a b "Axel Springer Completes Acquisition of POLITICO". www.axelspringer.com. Retrieved 2023-01-29.
  3. ^ a b Sherman, Lauren Feiner,Alex. "Politico sells to German publishing giant Axel Springer in deal worth about $1 billion". CNBC. Retrieved 2023-01-29.{{cite web}}: CS1 maint: multiple names: authors list (link)
  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.