The boss of Czech Media Invest adds to this loan a donation of one million euros to the endowment fund for an independent press, in which the holding company holds the daily. “> By
It will therefore be 14 million euros. In accordance with the information that has been circulating since the end of the summer, the boss of the Czech media group Czech Media Invest (CMI), Daniel Kretinsky (who is also an indirect shareholder in the world) flies to the rescue of Liberation. However, unlike the figures that accompanied the rumor, the sum put on the table does not flirt with the twenty million euros. The group of the energy tycoon “will subscribe to an obligation of a maximum amount of 14 million euros, repayable in four years, issued by independent press SAS, the structure owned by FDPI [Fund for endowment for an independent press] And having Liberation, “said Denis Olivennes, the president of the Independent Press Holding SAS, in communication to employees. An extraordinary CSE was summoned in emergency Tuesday, September 20 in the morning to formalize with elected officials the arrival of this new “partner”.
“Although we have divided by two the losses of the newspaper in 2021, and almost 25 % at the end of August 2022, we still need money to support our return to balance, planned in 2026”, recalled the leader. In 2021, daily losses amounted to 7.9 million euros, compared to 12 million in 2020. Despite this encouraging trend, the deadline to reach balance, first fixed at 2023, became out of Drive since the health crisis and the increase in the price of paper were invited in the economic situation.
reinforced vigilance of employees
The now ex-liberation-cogé (Denis Olivennes transmitted the function to Amandine Bascoul-Romeu at the beginning of the summer) says that he turned “naturally” to Mr. Kretinsky-after having presided over CMI France, he is always one of the administrators – when we had to find a successor to Patrick Drahi. The boss of Altice no longer wanted to put money back in the daily life he had placed in 2020 in the endowment fund for an independent press, supposed to guarantee the independence of the newspaper.
Beyond these 14 million, the industrialist “heard with FDPI so that his foundation supports the action of the latter, which would take the form of a donation of one million euros and a representation on the board of directors of the fund “. By linking its organization with charity EP Corporate Group to the endowment fund which holds independent press SAS and, ultimately, liberation, the boss of CMI (Marianne, she, franc-tiver, etc.), who assures in a press release “believe In the future “of Liberation, therefore wins an administrator position.
You have 13.08% of this article to read. The continuation is reserved for subscribers.