axel springer verlag is one of Europe is largest media groups. its most famous product is Bild, the German tabloid newspaper, which has 4.5 million readers. the company is based in Berlin, anh employs 12,000 people. It publishes 180 newspapers and magazines in different countries in Europe anh has annual sales of 2.8 billion. The founder is family owns just over 50% of the company, and KirchGruppe has about 40%
The group owns a number of TV stations and production companies. In the future it hopes to expand its INternet activities