"Julian Reichelt is dethroned." So cheered the Berliner Zeitung a few days ago after it was revealed that Bild, Europe's largest newspaper, had been forced to sack its editor — and one of Germany's most popular journalists — following allegations made in a Ben Smith New York Times article of affairs with junior colleagues. The piece also suggested that Axel Springer SE, the German publishing giant that owns Bild, is out of touch with today's woke and metoo values. Moreover, a few weeks earlier, Springer announced it was going to purchase Politico, the U.S. politics website, for about $1B —...