At Le Monde, journalists win a battle for editorial independence

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 ]
News tagged with: #publishers fear #roll call #reuters institute #global impact #panama papers #publishing giant

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Two Wins for Public Libraries This Week at The Polls

Patmos Public Library is finally being funded after two previous losses and Pella Public Library retains its independence. Continue reading at Book Riot

[ Book Riot | 2023-11-08 15:08:37 UTC ]
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Jean-Baptiste Andrea Wins Goncourt Prize For “Veiller Sur Elle”

The prestigious French literary award went to “Watching Over Her,” or “Veiller Sur Elle,” an almost 600-page novel set in 20th-century Italy. Continue reading at The New York Times

[ The New York Times | 2023-11-07 12:35:09 UTC ]
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Ananda Devi Wins the 2024 Neustadt Prize

Ananda Devi Wins the 2024 Neustadt Prize News and Events [email protected] Tue, 10/24/2023 - 18:02 Ananda Devi, winner of the Neustadt International Prize for Literature. Photo by J. F. Paga, courtesy of GrassetNORMAN, OKLA. (Tuesday, October 24,... Continue reading at World Literature Today

[ World Literature Today | 2023-10-24 23:02:22 UTC ]
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From Asia to Latin America: Independent Comics Publishers in Frankfurt

A Frankfurt Book Fair panel on independent comics publishers highlighted the innovative ways publishers get their books to readers. The post From Asia to Latin America: Independent Comics Publishers in Frankfurt appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2023-10-24 11:10:56 UTC ]
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When a Book Deal Feels Like ‘Winning the Middle-Age Lottery’

Dann McDorman, the executive producer of “The Beat With Ari Melber,” gave up writing fiction in his 20s. Now, he’s publishing his first novel at age 47. Continue reading at The New York Times

[ The New York Times | 2023-10-24 09:02:04 UTC ]
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Frankfurt: Tonio Schachinger Wins the German Book Prize

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[ Publishing Perspectives | 2023-10-17 03:47:00 UTC ]
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Book Review: John Plotz on Ursula Le Guin’s Earthsea

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[ Interesting Literature | 2023-10-13 14:00:53 UTC ]
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Louise Gluck, Nobel Prize–Winning Poet, Dies at 80

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[ Publishers Weekly | 2023-10-13 04:00:00 UTC ]
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Jon Fosse Wins 2023 Nobel Prize in Literature

Norwegian author Jon Fosse has won the 2023 Nobel Prize in Literature “for his innovative plays and prose which give voice to the unsayable.” This story is developing. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-10-05 04:00:00 UTC ]
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Horizon Forbidden West battles its way to PCs in 2024

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[ Engadget | 2023-09-27 17:26:58 UTC ]
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Bestselling author Naomi Wood wins 2023 BBC national short story award

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[ The Guardian | 2023-09-26 19:00:36 UTC ]
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The Guardian view on the Murdoch handover: Lachlan inherits a dark legacy | Editorial

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[ The Guardian | 2023-09-22 17:40:41 UTC ]
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Editorial Promotions Announced at Ballantine Group

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[ Publishers Weekly | 2023-09-19 04:00:00 UTC ]
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With the popularity of One Piece, has Netflix hit the winning formula for live-action anime adaptations?

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[ The Conversation | 2023-09-14 20:04:49 UTC ]
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The Paris Review Wins 2023 Whiting Literary Magazine Prize

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[ The Paris Review | 2023-09-13 14:10:36 UTC ]
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Nigeria’s Aké Festival Wins First Aficionado Award

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[ Publishing Perspectives | 2023-09-12 22:14:28 UTC ]
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US National Book Foundation: Paul Yamazaki Wins the Literarian Award

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[ Publishing Perspectives | 2023-09-06 22:16:49 UTC ]
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20 Award-Winning Historical Fiction Books

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[ Book Riot | 2023-08-24 10:36:00 UTC ]
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PW's Calvin Reid Wins CXC's Tom Spurgeon Award

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[ Publishers Weekly | 2023-08-24 04:00:00 UTC ]
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