Denis Olivennes bounces at Release. The former boss of Canal+, the New Obs and then of Lagardère Active, and finally president of CMI, France, group, Daniel Kretinsky, has been appointed general manager and co-manager of the newspaper Libération, in lieu of Clement Delpirou according to the information disclosed by the AFP.
It arrives at the head of the daily at the time when it leaves the hands of the group, Altice France to be transferred into an endowment fund for the press. Patrick Drahi, CEO of the group, Altice, has planned to develop this fund of sixty million euros in order to cover the past losses accumulated, which amounted between 40 and 45 million euros and to ensure the cash necessary to take a few years.
200 employees of which 172 press cards
The history of everyday life created in 1973 and is punctuated by stages. The difficulties accumulate since 2006. On the brink of bankruptcy, the day is saved by Patrick Drahi in 2014, which constitutes a group of press with the Release and the magazine l’express. Today, Altice separates this activity. The Express is sold to Alain Weill and Release housed in an endowment fund for the press
With more than 200 employees, of which 172 cards of the press, Release has a diffusion France paid 71 800 copies in April (5.5 per cent) according to figures from the CMPA. Its digital audience has grown strongly during the confinement with 41 million visits to the site (+138 %) and 2.8 million visits to the app. However, the daily has not yet fully begun its transformation to a model of digital subscription with just 26,000 paying subscribers at the end of April.
Denis Olivennes takes the reins of the newspaper at a moment complicated for the press. The crisis of the Presstalis cost of money to all the daily newspapers and the decline in advertising revenues has weakened the model. He will have to reassure the drafting, straighten the accounts and continue the mutation of the economic model.
The editorial advises that you”Release” out of the bosom of AlticeSujetsDenis OlivennesPatrick DrahiLibération8 commentairesEmile007le 11/06/2020 14:48
Coco one day, coco always
JeanPePlusle 11/06/2020 14:43
The macronie boboisée prepares the election of 2022 ! one armours all the media and we are going to knock the French dispute !
l'oeil13le 11/06/2020 14:13
With all of these zygotos left-caviar, the dip is maintained in an ice water deadly.
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