Business & Tech

Politico In Talks With German Publisher For Possible Sale

Politico is in talks with German publisher Axel Springer SE for a possible sale of the Rosslyn-based news outlet.

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Sen. Bernie Sanders (I-VT), right, and President Joe Biden react during the Democratic presidential primary debate at Loyola Marymount University on Dec. 19, 2019 in Los Angeles, California that was sponsored by Politico and PBS Newshour.
Sen. Bernie Sanders (I-VT), right, and President Joe Biden react during the Democratic presidential primary debate at Loyola Marymount University on Dec. 19, 2019 in Los Angeles, California that was sponsored by Politico and PBS Newshour. (Justin Sullivan/Getty Images)

ROSSLYN, VA — German publisher Axel Springer SE is in talks to purchase Rosslyn-based news outlet Politico, according to news reports. The deal would formalize the multiyear relationship between the two publishers.

Politico, which has offices on Wilson Boulevard in Rosslyn, teamed up with Axel Springer in 2014 to launch a European edition based in Brussels as a 50/50 joint venture, the Wall Street Journal reported.

In a memo to Politico employees, publisher Robert Allbritton said the company was not going to comment on the negotiations and the Politico might eventually combine with Politico Europe into a single publication.

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