Internet companies must fund creativity, claims French minister

Written By: Barbara Casassus Publication Date: Mon, 23/05/2011 - 15:35 French culture minister Frédéric Mitterrand has said internet companies must contribute more to financing creativity. Setting the tone for the e-G8 forum, to be held in Paris May 24-25, he said in an interview with the Saturday edition of daily newspaper Le Figaro: "It is unreasonable to think that the internet giants will build prosperous economic models, thanks to the presence of content and cultural works (and) without participating in their financing." read more Continue reading at 'The Bookseller'

[ The Bookseller | 2011-05-23 00:00:00 UTC ]
News tagged with: #internet companies #internet giants

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Borders secures funding but doubts remain over future

Written By: Graeme Neill Borders has finally secured an agreement for fresh funding, with GE Capital providing $550m of new cash, but only if publishers stump up $125m. Publishers Weekly reports the troubled retailer has said for the first time that it doesn't rule out the possibility of... Continue reading at The Bookseller