Vice President JD Vance is refusing to meet with Axel Springer's CEO after Business Insider ran a fake hit piece on Donald Trump Jr., causing serious problems for the media conglomerate. Ballard Partners dropped Axel Springer as a client, and Politico is facing internal issues. Dopfner may need to intervene to avoid further consequences.
Key Points
Vice President JD Vance refuses to meet with Axel Springer's CEO
Business Insider ran an article falsely comparing Trump Jr. to Hunter Biden
Ballard Partners dropped Axel Springer as a client
Axel Springer's Politico is facing internal issues with leadership
Cons
Publication of fake news damaging company's reputation
Loss of high-profile meetings and clients
Internal issues at Politico affecting staff retention and leadership