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In April 2024, Le Monde Group’s majority stakeholder became a financial endowment, or fonds de dotation (FDD), named Fonds pour l'indépendance de la presse. En
by keane 1y ago
In April 2024, Le Monde Group’s majority stakeholder became a financial endowment, or fonds de dotation (FDD), named Fonds pour l'indépendance de la presse.
En: https://www.lemonde.fr/en/about-us/article/2023/09/24/two-major-milestones-for-le-monde-s-independence_6139073_115.html https://www.lemonde.fr/en/about-us/article/2023/09/24/two-ma...
Fr: https://www.lemonde.fr/actualite-medias/article/2023/09/24/deux-avancees-importantes-pour-l-independance-du-groupe-le-monde_6190791_3236.html https://www.lemonde.fr/actualite-medias/article/2023/09/24/d...
This was the result of journalist demands, covered here: https://www.cjr.org/the_media_today/le_monde_daniel_kretinsky.php https://www.cjr.org/the_media_today/le_monde_daniel_kretinsk...
This structure is also used by Mediapart, owned by Fonds pour une presse libre, and Libération, owned by Fonds de dotation pour une presse indépendante, with Mediapart being inspired to emulate The Manchester Guardian (which has been operated by a trust since 1936): https://www.lesechos.fr/tech-medias/medias/le-monde-appartient-desormais-a-un-fonds-de-dotation-2090655 https://www.lesechos.fr/tech-medias/medias/le-monde-appartie...
- pm3003 1y agoLe Monde Diplomatique is a far-left (but rather intellectual) newspaper, completely separate from Le Monde.
- keane 1y agoLe Monde Diplomatique is a subsidiary (51%) of Monde SA. "Le Monde owns 51%; l’association Les Amis du Monde diplomatique and l’association Gunter Holzmann, comprising the paper’s staff, together own 49%)." But this 2010 article supports your point generally, claiming that the editors of the newspaper cannot influence the monthly. https://www.monde-diplomatique.fr/2010/07/HALIMI/19372 https://www.monde-diplomatique.fr/2010/07/HALIMI/19372