Confirming months of speculation, Politico announced plans to produce a European edition. The news site is teaming with German media conglomerate Axel Springer in an equal partnership for the venture, but specifics remain scarce.
CEO Jim VandeHei and editor in chief John Harris informed staff of the deal on Sept. 9. In a memo published by Capital, which VandeHei also runs, they explained, "This partnership is aimed at exploring journalistic opportunities in Europe and is being set up as a stand-alone enterprise."
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