Europe's latest would-be media mogul; Face value.(Mathias Dopfner wants to turn Axel Springer into an international media conglomerate)

Economist (US), The, April, 2005

Mathias Dopfner wants to turn Axel Springer into an international media conglomerate

EVER since the fall from grace in July 2002 of Jean-Marie Messier, the hubristic former boss of French media conglomerate Vivendi, and Thomas Middelhoff, ousted soon after from Germany's Bertelsmann, European media executives have kept a low profile--unpicking their predecessors' visions and selling assets. But now there is a new contender for the role of Europe's leading media tycoon: Mathias Dopfner, chief executive of Axel Springer, a big German publishing firm. He is poised to buy ProSiebenSat.1, a big television company, and wants to expand elsewhere in Europe. At a dinner in New York for Mr Dopfner last winter, he came across as "a man of extraordinary ambition who wants...

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