Connect with us

Business

A French Newsroom on Strike After Appointment of ‘Far-Right’ Editor

Published

on

A French Newsroom on Strike After Appointment of ‘Far-Right’ Editor

In its 75-year history, Le Journal du Dimanche, France’s leading Sunday newspaper, has almost never missed publication. But its operations ground to a halt this week after an editor with a far-right track record was abruptly appointed just ahead of a takeover of the paper by the French billionaire Vincent Bolloré, prompting a mass walkout by journalists and igniting a firestorm in French media and political circles.

Mr. Bolloré, an industrialist often described as France’s Rupert Murdoch, has been steadily building a conservative media empire, anchored by a Fox-style news network, CNews. The appointment of the editor, Geoffroy Lejeune, who was formerly at a far-right magazine that was fined for racist insults, raised concerns that one of France’s most prominent newspapers could be transformed into a right-wing platform.

“For the first time in France since the Liberation, a large national media will be run by a far-right personality,” said an open letter published this week in Le Monde, France’s biggest newspaper, signed by 400 academics, economists, cultural figures and left-leaning politicians backing the JDD, as the paper is known. “This is a dangerous precedent which concerns us all,” the letter said.

Journalists at the JDD, known for its interviews with government leaders and largely centrist policy analysis, voted on Thursday to prolong their walkout to protest the hiring of Mr. Lejeune, 34, who was fired last year from the magazine Valeurs Actuelles amid a dispute with the owner over editorial direction. The paper did not publish Sunday, only the second time since its founding in 1948, and on Thursday evening the website was still leading with news from last week.

Over 1,000 people gathered at a theater in Paris this week at a rally organized by Reporters Without Borders, which condemned what it said was an effort by Mr. Bolloré to assert shareholder control over a newsroom.

Advertisement

France’s culture minister, Rima Abdul Malak, weighed in on Twitter. “Legally, the JDD can become what it wants, as long as it respects the law,” she wrote. “But as far as our Republic’s values are concerned, how can one not be alarmed?”

The episode has turned a fresh spotlight on Mr. Bolloré, a politically connected industrialist who hails from traditionalist Catholic circles in Brittany. His business empire includes the global advertising agency Havas, and he has a controlling stake in the media conglomerate Vivendi. He forged his fortune in logistics and was known as the King of Africa for the vast business dealings that earned him riches in former French colonies.

After a corruption inquiry into accusations that he helped the presidents of two African nations gain power in exchange for lucrative business contracts, Mr. Bolloré shifted focus in recent years to his news media properties, which in France tend to be a main avenue for the very rich to influence political elections. Over four-fifths of privately owned newspapers and TV and radio stations in France are owned by French or foreign billionaires or financiers. French state-backed television and radio stations hold dominant positions in the media landscape.

Pending approval of European Commission antitrust authorities, Mr. Bolloré is set this summer to secure his majority stake in Lagardère, a conglomerate that owns the JDD and Paris Match magazine. It would make him head of one of the largest broadcast and print empires in France.

Arnaud Lagardère, the conglomerate’s chief executive, who essentially now reports to Mr. Bolloré, sought this week to assuage concerns over the hiring of Mr. Lejeune, who has not issued any public statements other than a brief Twitter message saying he was honored to take the helm. Mr. Lagardère said the hiring decision, which he insisted was his alone, was purely a business choice and not intended to change the editorial line.

Advertisement

“This fantasy that the extreme right is working its way into the paper is not real,” he told the newspaper Le Figaro. But he added: “The JDD must also know how to adapt to changes in the world.”

Mr. Lejeune wrote on Twitter last week that his appointment was a “huge honor” and that he would put “all my energy into the success of this challenge.” He did not respond to a request for comment.

Under Mr. Bolloré, who typically avoids interviews and did not respond to a request for comment, several mainstream news outlets have been transformed into right-leaning platforms that analysts say align with his political convictions and a personal concern that Christian culture is eroding in France. He recently bought a flailing Christian newspaper with fewer than 10,000 subscribers, La France Catholique, with the aim of growing it.

The biggest shift has taken place at CNews, once a 24-hour news network, where many journalists were ousted or resigned in protest when Mr. Bolloré became owner in 2015. Their replacements shifted the focus to opinion segments and debates over hot-button issues, like crime, immigration and Islam’s role in France.

The makeover propelled CNews to the top-rated TV spot in France, a country that has seen a steady rise in influence among right and far-right politicians, especially in last year’s presidential election.

Advertisement

CNews gave a bullhorn to figures like Éric Zemmour, a best-selling author known for far-right nationalism, including the conspiracy theory of a “great replacement” of white people in France by immigrants from Africa. Inspired by Donald J. Trump, Mr. Zemmour became a TV star on CNews and ran against President Emmanuel Macron and Marine LePen in last year’s presidential election, in an ultimately unsuccessful bid.

Similar rightward swings at Mr. Bolloré’s other media holdings, including a Canal Plus news channel and Europe 1, a top-rated radio station, led to departures of reporters and editors.

So when journalists at the JDD learned of Mr. Lejeune’s appointment — not through an official announcement but via a news report — a revolt broke out in the newsroom.

“Journalists are very worried about media independence,” said Julia Cagé, an economist specializing in the media at Sciences Po, a research university in Paris.

“If you look at what happened for the past 10 years, Bolloré has destroyed the media he bought, and used them to push a radical right-wing line, anti-rights for minorities and a Catholic perspective,” she said. “In that sense, he’s become worse than Rupert Murdoch.”

Advertisement

But in a country where right-wing candidates received over 30 percent of the vote in last year’s presidential election, Mr. Bolloré’s platforms have filled what his supporters say was a political void in a French media landscape dominated by politically correct, left-leaning journalists.

“The media space in France is not neutral,” said Dominique Reynié, a professor at Sciences Po and the founder of Fondapol, a right-leaning think tank. “If you bring up issues like immigration or Islamism, which really are problems in France, you are badly received by journalists who consider you to be right or extreme right.”

Mr. Lejeune’s appointment was a reflection of how France’s media landscape is shifting in the direction of “what is happening in France electorally, which is an increasing shift to the right,” Mr. Reynié added. “There is a readership market on that side, which is not reading the left-leaning press.”

That is a bet that Mr. Bolloré seems eager to take.

“We have other media that is owned by industrialists who don’t interfere with the editorial line, which is not the case with Bolloré,” said Christian Delporte, a media historian at the University of Versailles.

Advertisement

“If he buys media, it’s because he has in mind the desire to influence the political future of the country,” he said. “He is accompanying the rise of the far right to power.”

Continue Reading
Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Business

Albania Gives Jared Kushner Hotel Project a Nod as Trump Returns

Published

on

Albania Gives Jared Kushner Hotel Project a Nod as Trump Returns

The government of Albania has given preliminary approval to a plan proposed by Jared Kushner, Donald J. Trump’s son-in-law, to build a $1.4 billion luxury hotel complex on a small abandoned military base off the coast of Albania.

The project is one of several involving Mr. Trump and his extended family that directly involve foreign government entities that will be moving ahead even while Mr. Trump will be in charge of foreign policy related to these same nations.

The approval by Albania’s Strategic Investment Committee — which is led by Prime Minister Edi Rama — gives Mr. Kushner and his business partners the right to move ahead with accelerated negotiations to build the luxury resort on a 111-acre section of the 2.2-square-mile island of Sazan that will be connected by ferry to the mainland.

Mr. Kushner and the Albanian government did not respond Wednesday to requests for comment. But when previously asked about this project, both have said that the evaluation is not being influenced by Mr. Kushner’s ties to Mr. Trump or any effort to try to seek favors from the U.S. government.

“The fact that such a renowned American entrepreneur shows his interest on investing in Albania makes us very proud and happy,” a spokesman for Mr. Rama said last year in a statement to The New York Times when asked about the projects.

Advertisement

Mr. Kushner’s Affinity Partners, a private equity company backed with about $4.6 billion in money mostly from Saudi Arabia and other Middle East sovereign wealth funds, is pursuing the Albania project along with Asher Abehsera, a real-estate executive that Mr. Kushner has previously teamed up with to build projects in Brooklyn, N.Y.

The Albanian government, according to an official document recently posted online, will now work with their American partners to clear the proposed hotel site of any potential buried munitions and to examine any other environmental or legal concerns that need to be resolved before the project can move ahead.

The document, dated Dec. 30, notes that the government “has the right to revoke the decision,” depending on the final project negotiations.

Mr. Kushner’s firm has said the plan is to build a five-star “eco-resort community” on the island by turning a “former military base into a vibrant international destination for hospitality and wellness.”

Ivanka Trump, Mr. Trump’s daughter, has said she is helping with the project as well. “We will execute on it,” she said about the project, during a podcast last year.

Advertisement

This project is just one of two major real-estate deals that Mr. Kushner is pursuing along with Mr. Abehsera that involve foreign governments.

Separately, the partnership received preliminary approval last year to build a luxury hotel complex in Belgrade, Serbia, in the former ministry of defense building, which has sat empty for decades after it was bombed by NATO in 1999 during a war there.

Serbia and Albania have foreign policy matters pending with the United States, as both countries seek continued U.S. support for their long-stalled efforts to join the European Union, and officials in Washington are trying to convince Serbia to tighten ties with the United States, instead of Russia.

Virginia Canter, who served as White House ethics lawyer during the Obama and Clinton administrations and also an ethics adviser to the International Monetary Fund, said even if there was no attempt to gain influence with Mr. Trump, any government deal involving his family creates that impression.

“It all looks like favoritism, like they are providing access to Kushner because they want to be on the good side of Trump,” Ms. Canter said, now with State Democracy Defenders Fund, a group that tracks federal government corruption and ethics issues.

Advertisement
Continue Reading

Business

Craft supplies retailer Joann declares bankruptcy for the second time in a year

Published

on

Craft supplies retailer Joann declares bankruptcy for the second time in a year

The craft supplies and fabric retailer Joann filed for bankruptcy for the second time in less than a year, as the chain wrestles with declining sales and inventory shortages, the company said Wednesday.

The retailer emerged from a previous Chapter 11 bankruptcy process last April after eliminating $505 million in debt. Now, with $615 million in liabilities, the company will begin a court-supervised sale of its assets to repay creditors. The company owes an additional $133 million to its suppliers.

“We hope that this process enables us to find a path that would allow Joann to continue operating,” said interim Chief Executive Michael Prendergast in a statement. “The last several years have presented significant and lasting challenges in the retail environment, which, coupled with our current financial position and constrained inventory levels, forced us to take this step.”

Joann’s more than 800 stores and websites will remain open throughout the bankruptcy process, the company said, and employees will continue to receive pay and benefits. The Hudson, Ohio-based company was founded in 1943 and has stores in 49 states, including several in Southern California.

Advertisement

According to court documents, Joann began receiving unpredictable and inconsistent deliveries of yarn and sewing items from its suppliers, making it difficult to keep its shelves stocked. Joann’s suppliers also discontinued certain items the retailer relied on.

Along with the “unanticipated inventory challenges,” Joann and other retailers face pressure from inflation-wary consumers and interest rates that were for a time the highest in decades. The crafts supplier has also been hindered by competition from others in the space, including Michael’s, Etsy and Hobby Lobby, said Retail Wire Chief Executive Dominick Miserandino.

“It did not necessarily learn to evolve like its nearby competitors,” Miserandino said of Joann. “Not many people have heard of Joann in the way they’ve heard of Michael’s.”

Joann is not the first retailer to continue to struggle after going through bankruptcy. The party supply chain Party City announced last month it would be shutting down operations, after filing for and emerging from Chapter 11 bankruptcy in 2023.

Over the last two years, more than 60 companies have filed for bankruptcy for a second or third time, Bloomberg reported, based on information from BankruptcyData. That’s the most over a comparable period since 2020, when the COVID-19 pandemic kept shoppers home.

Advertisement

Discount chain Big Lots filed for bankruptcy last September, and the Container Store, a retailer offering storage and organization products, declared bankruptcy last month. Companies that rely heavily on brick-and-mortar locations are scrambling to keep up with online retailers and big-box chains. Fast-casual restaurants such as Red Lobster and Rubio’s Coastal Grill have also struggled.

High prices have prompted consumers to pull back on discretionary spending, while rising operating and labor costs put additional pressure on businesses, experts said. The U.S. annual inflation rate for 2024 was 2.9%, down from 3.4% in 2023. But inflation has been on the rise since September and remains above the Federal Reserve’s goal of 2%.

If a sale process for Joann is approved, Gordon Brothers Retail Partners would serve as the stalking-horse bidder and set the floor for the auction.

Advertisement
Continue Reading

Business

U.S. Sues Southwest Airlines Over Chronic Delays

Published

on

U.S. Sues Southwest Airlines Over Chronic Delays

The federal government sued Southwest Airlines on Wednesday, accusing the airline of harming passengers who flew on two routes that were plagued by consistent delays in 2022.

In a lawsuit, the Transportation Department said it was seeking more than $2.1 million in civil penalties over the flights between airports in Chicago and Oakland, Calif., as well as Baltimore and Cleveland, that were chronically delayed over five months that year.

“Airlines have a legal obligation to ensure that their flight schedules provide travelers with realistic departure and arrival times,” the transportation secretary, Pete Buttigieg, said in a statement. “Today’s action sends a message to all airlines that the department is prepared to go to court in order to enforce passenger protections.”

Carriers are barred from operating unrealistic flight schedules, which the Transportation Department considers an unfair, deceptive and anticompetitive practice. A “chronically delayed” flight is defined as one that operates at least 10 times a month and is late by at least 30 minutes more than half the time.

In a statement, Southwest said it was “disappointed” that the department chose to sue over the flights that took place more than two years ago. The airline said it had operated 20 million flights since the Transportation Department enacted its policy against chronically delayed flights more than a decade ago, with no other violations.

Advertisement

“Any claim that these two flights represent an unrealistic schedule is simply not credible when compared with our performance over the past 15 years,” Southwest said.

Last year, Southwest canceled fewer than 1 percent of its flights, but more than 22 percent arrived at least 15 minutes later than scheduled, according to Cirium, an aviation data provider. Delta Air Lines, United Airlines, Alaska Airlines and American Airlines all had fewer such delays.

The lawsuit was filed in the United States District Court for the Northern District of California. In it, the government said that a Southwest flight from Chicago to Oakland arrived late 19 out of 25 trips in April 2022, with delays averaging more than an hour. The consistent delays continued through August of that year, averaging an hour or more. On another flight, between Baltimore and Cleveland, average delay times reached as high as 96 minutes per month during the same period. In a statement, the department said that Southwest, rather than poor weather or air traffic control, was responsible for more than 90 percent of the delays.

“Holding out these chronically delayed flights disregarded consumers’ need to have reliable information about the real arrival time of a flight and harmed thousands of passengers traveling on these Southwest flights by causing disruptions to travel plans or other plans,” the department said in the lawsuit.

The government said Southwest had violated federal rules 58 times in August 2022 after four months of consistent delays. Each violation faces a civil penalty of up to $37,377, or more than $2.1 million in total, according to the lawsuit.

Advertisement

The Transportation Department on Wednesday also said that it had penalized Frontier Airlines for chronically delayed flights, fining the airline $650,000. Half that amount was paid to the Treasury and the rest is slated to be forgiven if the airline has no more chronically delayed flights over the next three years.

This month, the department ordered JetBlue Airways to pay a $2 million fine for failing to address similarly delayed flights over a span of more than a year ending in November 2023, with half the money going to passengers affected by the delays.

Continue Reading

Trending