**Axel Springer: Investors flee the group - what remains of Springer?**
**Background**
In 2019 and 2020, the Axel Springer Group sold its regional newspapers and its stake in the classifieds platform Scout24. In 2021, the group announced the sale of its French subsidiary Prisma Media. These divestments have led to a significant reduction in the group's revenue and workforce.
**The reasons for the divestments**
There are several reasons why Axel Springer has decided to sell off parts of its business. One reason is that the group has been facing increasing competition from online media companies. In recent years, the revenue of the group's print newspapers has declined significantly, as more and more people have switched to reading news online.
Another reason for the divestments is that Axel Springer has been struggling to keep up with the technological changes in the media industry. The group has invested heavily in digital media, but it has not yet been able to generate significant revenue from its online operations.
**The consequences of the divestments**
The divestments have had a significant impact on the Axel Springer Group. The group's revenue has declined, and its workforce has been reduced. The group has also lost its position as the leading media company in Germany.
**The future of Axel Springer**
It is unclear what the future holds for Axel Springer. The group is facing a number of challenges, including competition from online media companies and the need to adapt to the changing media landscape. However, the group has a strong brand and a loyal customer base. It is possible that the group will be able to overcome its challenges and continue to be a successful media company.
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