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France, revolution in leftist newspapers: Le Monde buys the Nouvel Observateur

The prestigious newspaper Le Monde, the most influential in France (but second in terms of sales to Le Figaro, close to the center-right), has decided to consolidate its network through an agreement with the Nouvel Observateur and the Rue89 site.

France, revolution in leftist newspapers: Le Monde buys the Nouvel Observateur

Revolution in French journalism, especially that close to the left, where a great marriage in the sign of the is now official left. The prestigious newspaper Le Monde, the most influential in France (but second in terms of sales to Le Figaro, close to the centre-right) has in fact decided to consolidate its network through an agreement with the Nouvel Observateur and the Rue89 site.

During the Christmas holidays, the 87-year-old founder of the Nouvel Observateur, Claude Perdriel, and the 46-year-old co-editor of Le Monde met and found an agreement in principle: the first French news magazine (about half a million copies a week) together with the information site Rue89 will enter the orbit of the planet Le Monde, for the sum of 40 million euros.

Xavier Niel, Pierre Berge and Matthieu Pigasse - respectively communication magnate, fashion and art entrepreneur, banker, owners of the progressive newspaper - will thus take control of 70% of the periodical and also of the information site Rue89 through the Lml consortium, to which Le Monde himself refers. The network can also count on Courrier Internationale and Telerama.

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