BERLIN — The annual surplus of the Axel Springer publishing company sank by more than
one-third in the year 2000 to EUR 98 million, down from EUR 151 million in
the previous year. As the tabloid publishing house reported on Tuesday in
Berlin, sales within the same period of time rose by 8.9 percent to EUR 2.9
billion.
The publishing house attributes the surplus decrease to investments
in existing newspapers and magazines, as well as the new strategic
orientation towards the area of multimedia as a measure for securing the
future. The general meeting that has been called for June 27, 2001 in Berlin
will suggest the distribution of an unchanged dividend of EUR 1.43 per
share.
Together with its cooperative partners T-Online, the Georg von Holtzbrinck
publishing group, and Infoseek Corporation, the Axel Springer publishing
company offers infoseek, the German-language search engine and navigational
service. Booxtra, the Internet bookstore, is a joint venture of the partners
T-Online and the Weltbild publishing company.
In addition to this, the Axel Springer publishing company has numerous other
online service offers. One of these is Autoeuro, which was founded together
with AUTO BILD and, independent of the largest manufacturers, is a provider
for new and used cars on the German-language Internet.
Other offers include the verreisen.de travel channel, the sport-ticker.de sports channel, the
ticker.de news channel, the fonweb.de telephone guide, the soundchannel.de
music exchange and, coming soon, the datingnet.de personal contact exchange.