Handelsblatt: German publishers cozy up to weather social media storm

Handelsblatt: German publishers cozy up to weather social media storm. “Seven of Germany’s largest publishers unveiled a new powerhouse alliance that they hope will bolster print media against the growing dominance of social media. Three of Germany’s three largest media groups — Burda, Bauer and Funke Group — have joined forces with other well-known imprints such as Axel Springer and Spiegel Publishing, behind the investigative magazine Der Spiegel, in what’s being called a ‘publishers coalition’.”