Politico Conflict Breaks Up DC Web Media Juggernaut

Washingtonian: When Axel Springer bought 88 percent of Business Insider for $343 million last September, Politico co-founder Jim VandeHei became convinced that the Washington media juggernaut could get a monster payday. He believed Politico was far more valuable than Business Insider and reportedly proceeded to try and “bully” owner Robert Allbritton into selling.