After Two Decades of Losses, French Left-Wing Daily Liberation’s Pivots (Officially) to Non-Profit Status

Posted Monday, May 18, 2020 2:10 pm

Lucinda Southern | Digiday

French newspaper Libération, founded by Jean-Paul Sartre in 1973, is transferring into a non-profit company in a bid to secure a more prosperous future. Libération’s current owner, French telecoms giant Altice, will create an endowment fund and cover the newspaper’s debts of roughly €50 million ($54 million).

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After Two Decades of Losses, French Left-Wing Daily Liberation’s Pivots (Officially) to Non-Profit Status

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