Wednesday, January 30, 2008

Prisa and Le Monde

Juan Luis Cebrian, the head of the Prisa group that publishes El Pais in Spain, offers his views on the financial situation of Le Monde, in which his group has an interest. He and Arnaud Lagardère have met with Le Monde's society of journalists (SRM) to try to work out a new management structure. Cebrian's view is that the journalists should indeed have the editorial independence they insist upon, but in return the stockholders should enjoy "managerial independence" to restructure and allocate resources as they see fit. Of course the idea that managerial decisions are neatly separable from editorial orientations is a fantasy and the root of the problem, but Cebrian evidently sees himself as a mediator of sorts, not being tainted, as Lagardère is, by a friendship with Sarkozy.

More from Philippe Cohen here.

1 comment:

Anonymous said...

^^ nice blog!! ^@^

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