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Politico

Politico (stylized in all caps), known originally as The Politico, is an American political digital newspaper company founded by American banker and media executive Robert Allbritton in 2007. It covers politics and policy in the United States and internationally, with publications dedicated to politics in the U.S., European Union, United Kingdom, and Canada, among others. Primarily providing distributed news, analysis and opinion online, it also produces printed newspapers, radio, and podcasts. Its coverage focuses on topics such as the federal government, lobbying and the media.

Politico's coverage has been described as politically moderate in American politics. In 2021, Politico was reportedly acquired for over $1 billion by Axel Springer SE, a German news publisher and media company. Axel Springer SE's CEO Mathias Dopfner said that Politico employees would be required to adhere to the company's ideology of support for Israel, support for a United Europe and a free-market economy.

Politico was founded in 2007 to focus on politics with fast-paced Internet reporting in granular detail, comparable to the sports analysis of SportsCenter or ESPN. John F. Harris and Jim VandeHei left The Washington Post to become Politico's editor-in-chief and executive editor, respectively. With the financial backing of Robert L. Allbritton, the pair launched the website on January 23, 2007. Their first hire was Mike Allen, a writer for Time, and Frederick J. Ryan Jr. served as its first president and chief executive officer. Martin Tolchin was another member of the editorial founding team.

From the beginning, journalists covering political campaigns for Politico carried a video camera to each assignment, and they were encouraged to promote their work elsewhere. By 2008, Politico received more than three million unique visits per month.

In September 2008, The New York Times reported that Politico would expand its operations following the 2008 U.S. presidential election, and that "after Election Day, [Politico] will add reporters, editors, Web engineers and other employees; expand circulation of its newspaper edition in Washington; and print more often." Between the 2008 and 2012 elections, Politico's staff more than tripled in size. Notable additions included two political commentators, Michael Kinsley and Joe Scarborough, as opinion writers.

In 2009, the web pages shortened their name from The Politico to more simply Politico. In 2011, Politico began to focus more on long-form journalism and news analysis. This shift in coverage received further support in June 2013 with the hiring of Susan Glasser to oversee "opinion from prominent outside voices" and "long-form storytelling". In September 2014, Glasser was tapped to serve as Politico's new editor, following the resignation of Richard Berke the previous month.

VandeHei was named Politico's new CEO in October 2013. Under his leadership, Politico continued to grow: in 2014 alone, it expanded revenues by 25%. By 2016, Politico had nearly 500 employees worldwide.

Amidst reports of tensions, VandeHei and Allen announced that they would leave Politico after the 2016 presidential election, but left far sooner. Allbritton, then Executive Chairman and owner, was named acting CEO in Vandehei's stead. Several months after their departure, Washingtonian Magazine reported that the relationship ultimately deteriorated during a series of events including VandeHei pushing Allbritton to sell the company, and Allbritton losing faith in VandeHei's abilities as a CEO.

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