A new investigative magazine by Frontières delves into the financial influence of several billionaires on left-leaning media outlets in France. The report highlights key figures such as Daniel Křetínský, Matthieu Pigasse, Rodolphe Saadé, Xavier Niel, and George Soros, who have invested millions of euros into various progressive media platforms. Daniel Křetínský, a Czech billionaire with interests in the coal industry, notably injected €15 million to rescue the newspaper Libération, despite the publication's ideological stance against the ultra-wealthy. Rodolphe Saadé, a Franco-Lebanese billionaire and close to President Emmanuel Macron, has built a substantial media empire over three years with an investment of around €2 billion through CMA Média. His holdings include Brut, BFM TV, La Tribune Dimanche, La Provence, Corse Matin, RMC, and Chérie 25, and he is reportedly in exclusive negotiations to acquire the anti-police outlet Brut. Saadé aims to compete with media mogul Vincent Bolloré. Xavier Niel finances several left-leaning outlets such as Le Monde, L’Obs, HuffPost, and Le Crayon and has been noted for his political influence, including favorable coverage of Emmanuel Macron in previous years. George Soros is identified as a financier of independent media like StreetPress and various NGOs, including the now-dissolved CCIF. Matthieu Pigasse owns Radio Nova and Les Inrockuptibles and has expressed intentions to consolidate his media assets. The magazine also critiques BFM TV for allegedly obscuring certain facts. This comprehensive investigation seeks to balance the frequent media focus on billionaires financing right-wing outlets by shedding light on those supporting progressive media.
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Vivendi : coup de tonnerre de l'AMF ! https://t.co/CP1GE0qVVR #bourse #finance $BOL
France’s markets regulator rules that Bolloré and Vincent Bolloré are required to make a public withdrawal offer on Vivendi in the next six months, in a blow to the media billionaire who controls the company https://t.co/nrA1qGXfc1