In recent months, a shareholder battle has roiled Le Monde, which is effectively France’s paper of record. In October 2018, staff and readers, representatives of whom own 25 percent of its parent company, lashed out after one of Le Monde’s shareholders furtively sold a chunk of his stake to a controversial tycoon from the Czech Republic. The paper’s editorial independence, staff said, was under threat. Recently, with tensions running high, hundreds of Le Monde journalists took an extraordinary step, demanding—in a column published by the paper—that their owners accede to their demands, or else face the consequences. Le Monde’s journalists have always had a big say in how they are managed. They held a controlling stake in the paper from its founding—in 1944, at the urging of the freedom fighter and future French president Charles de Gaulle—until 2010 when, facing dire financial straits, they ceded control. A trio of businessmen bought in: Xavier Niel, the founder of French telecoms company Free; Matthieu Pigasse, an investment banker; and Pierre Bergé, the former business partner of Yves Saint Laurent. The new shareholders sat in a delicate equilibrium, with none of them holding a majority of the parent company. To guarantee Le Monde’s editorial independence, a group representing journalists, staff, and readers retained a quarter-ownership stake, and a say in decisions going forward. When Bergé died, in 2017, Niel and Pigasse agreed to split his shares. The same year, the... Continue reading at 'Columbia Journalism Review'
[ Columbia Journalism Review | 2019-10-08 12:07:56 UTC ]
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Gillian Flynn's Gone Girl has returned to the summit of the Official UK Top 50 after a week... Continue reading at The Bookseller
[ The Bookseller | 2013-04-30 00:00:00 UTC ]
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Anne Somerset’s biography Queen Anne has won the 2013 Elizabeth Longford Prize for... Continue reading at The Bookseller
[ The Bookseller | 2013-04-29 00:00:00 UTC ]
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Tor UK has acquired a trilogy by Australian author Ben Peek, in a six-figure world rights deal... Continue reading at The Bookseller
[ The Bookseller | 2013-04-23 00:00:00 UTC ]
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A "daring" novel which explores the plight of foreign workers in Gulf countries has won... Continue reading at The Bookseller
[ The Bookseller | 2013-04-23 00:00:00 UTC ]
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#arabic fiction
Jingdong, China's third place commercial online bookstore, is boosting its challenge to Dangdang and Amazon's dominance by focusing on service and international titles. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2013-04-22 00:00:00 UTC ]
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Argosy sales manager Ronan Richmond has been awarded The Elements trophy for the Bookseller of... Continue reading at The Bookseller
[ The Bookseller | 2013-04-22 00:00:00 UTC ]
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Transworld has won the UK auction for Red Notice, a memoir by American businessman-turned-human-... Continue reading at The Bookseller
[ The Bookseller | 2013-04-17 00:00:00 UTC ]
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The Independent Alliance consortium of UK publishers is partnering with the ICA to launch a one-... Continue reading at The Bookseller
[ The Bookseller | 2013-04-17 00:00:00 UTC ]
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Début novel We Are Not Ourselves by US author Matthew Thomas has been sold to Fourth... Continue reading at The Bookseller
[ The Bookseller | 2013-04-16 00:00:00 UTC ]
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The Pulitzer Prize for fiction has been won by author Adam Johnson for his novel based in North Korea, The Orphan Master's Son. Continue reading at BBC News
[ BBC News | 2013-04-16 00:00:00 UTC ]
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Picador has seen off competition from 11 other publishers to win a fiercely contested six-figure... Continue reading at The Bookseller
[ The Bookseller | 2013-04-15 00:00:00 UTC ]
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A previously unpublished writer has won the inaugural Historical Novel Society International... Continue reading at The Bookseller
[ The Bookseller | 2013-04-12 00:00:00 UTC ]
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Penguin Viking title Savage Continent: Europe in the Aftermath of World War II by Keith Lowe has... Continue reading at The Bookseller
[ The Bookseller | 2013-04-08 00:00:00 UTC ]
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In a major deal ahead of London Book Fair, Fig Tree has won a five-way publisher auction for... Continue reading at The Bookseller
[ The Bookseller | 2013-04-02 00:00:00 UTC ]
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Book recommendation website Goodreads has pledged to remain an "independent entity",... Continue reading at The Bookseller
[ The Bookseller | 2013-04-02 00:00:00 UTC ]
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Argentinean illustrator Isol has won the world's largest prize for children's literature, the 5m Swedish kroner (£500,000) Astrid Lindgren memorial award. Continue reading at BBC News
[ BBC News | 2013-03-26 00:00:00 UTC ]
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Chrystia Freeland's Plutocrats has won the 2013 Lionel Gelber Prize. The $15,000 (£9,... Continue reading at The Bookseller
[ The Bookseller | 2013-03-26 00:00:00 UTC ]
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Annabel Pitcher's Ketchup Clouds is named winner of this year's Waterstones Children's Book Prize. Continue reading at BBC News
[ BBC News | 2013-03-22 00:00:00 UTC ]
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A publication named Goblinproofing One's Chicken Coop is named as the winner of the Diagram Prize for Oddest Book Title of the Year Continue reading at BBC News
[ BBC News | 2013-03-22 00:00:00 UTC ]
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Pulitzer Prize-winner Junot Díaz has won the £30,000 Sunday Times Short Story Award... Continue reading at The Bookseller
[ The Bookseller | 2013-03-22 00:00:00 UTC ]
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