European Publisher Axel Springer Acquires Second Screen App TunedIn

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By: Steve O’Hear | TechCrunch

TunedIn Media, the German company behind the second screen “social TV’ app TunedIn, has been acquired by European publishing giant Axel Springer. The amount isn’t being disclosed, so it’s unlikely to be a home run for the burgeoning startup, while the two companies had already been working together through support from Axel Springer’s innovation department and the licensing of the publisher’s EPG, which is currently used to power TunedIn’s TV guide.

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