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Concept
Politico
Summary
Politico (stylized in all caps), known originally as The Politico, is a
Washington metropolitan area, U.S., based politics focused newspaper company owned since 2021 by Axel Springer SE. It covers politics and policy in the United States and internationally. 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.
Founded by American banker Robert Allbritton in 2007, it was acquired by Axel Springer, a German publisher in 2021. Axel Springer is Europe's largest newspaper publisher and had previously acquired Insider. Ideologically, its coverage has been described as leaning left of center or "moderate". As a subsidiary of Axel Springer, every employee at Politico is expected to support European integration, NATO, Israel's right to exist, the open society, and free-market ideologies.
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 Politicos 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.
Official source
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