Monday, September 18, 2006

Leftist French Newspaper Circling Bowl

Sacre bleu!

(Paris) Traditionally, far left newspaper Liberation was offered to readers without regard for operating costs. According to Pierre Haski, deputy editor, "[I]nvestors were happy for us to keep the losses to a minimum."

Unfortunately, the philosophy of losing money is now being rejected by the newspaper's largest shareholder, Edouard de Rothschild, who stopped paying operating costs. Per Haski, "For the first time in our history, we have a shareholder who invested in the newspaper to make money."

Hmm . . . invest to make money! What a smashing idea?

The primary problem the newspaper faces is that the 1960's radical-left agenda it spews is capturing the hearts and minds of too few people. One media expert summed it up, "The newspaper's readership has aged from the 1960's and is now literally dying off."

I'll not mourn the demise of a far-left newspaper.

On a related note, the far-left radio network Air America appears to be following the same business model as Liberation. Lose money until all pockets are empty, then fold. And, above all, never recognize that the far-left agenda is sour.

Companion post at In The Bullpen.

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