Axel Springer sells TV Guide program guide
Axel Springer has sold the biweekly TV Guide to Munich-based Gong-Verlag.
With this step, Axel Springer's TV program guide division is strengthening its focus on the major media brands Hörzu, TV Digital and Funk Uhr, the publisher wrote in a press release on Wednesday. The sale is not associated with any job losses. The sale was subject to approval by the Federal Cartel Office.
