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Miguel Afonso Caetano
@remixtures@tldr.nettime.org  ·  activity timestamp last month

"In France, there’s been much hubbub over a series of acquisitions of historic media properties by Vincent Bolloré, a billionaire who promotes a reactionary political agenda. Yet, less in the spotlight is the preexisting dominance of France’s media by a coterie of billionaires, all with varying interests and a desire to avoid scrutiny.

This billionaire control of French media has left it vulnerable to the same sort of pressures Trump is currently subjecting the US’s servile media to. And with a growing class of pro-Trump tycoons in France, its media isn’t far behind America’s own in the race to the right.

Marc Endeweld is one of France’s best investigative journalists. He has spent the last decade producing deep investigations into who holds power in France and what they do with it, often through the lens of Emmanuel Macron’s government.

Endeweld left the center-left magazine Marianne in March, citing the unfavorable winds coming from the publication’s billionaire ownership.

In this interview with Jacobin’s Marlon Ettinger, Endeweld discusses the pro-Trump billionaire class dominating French business, their media interests and ulterior motives, and how foreign correspondents in the country sway in the wind at the slight push from their ownership."

https://jacobin.com/2025/10/france-media-macron-billionaires-bollore-sterin-kretinsky/

#France #Media #News #Macron #Trump

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Miguel Afonso Caetano
@remixtures@tldr.nettime.org replied  ·  activity timestamp last month

"So yes, there’s often a focus on Bolloré, [when people are] criticizing media ownership today in France. But when you remember that over 90 percent of France’s media owners are billionaires, you’d be fooling yourself to think that they’re investing in a disinterested manner and have no influence on the editorial line of these publications, particularly when it comes to investigations.

It’s been going on for a while now, but has accelerated in recent years with the economic decline of the French press. Obviously, [concentrated] media ownership poses a democratic question, but very few political leaders touch the question, even on the Left. While there is a criticism of media there, including its ownership, it’s rare for a political leader to go on a television show and denounce its ownership."

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