Wednesday, October 18, 2006

Liberation in trouble

That's Liberation, the French newsmagazine to which I have a link on this blog. Evidently the right-wing rag Le Figaro ran a story claiming that Liberation had gone bankrupt and was ceasing printing operations. Figaro's report was then picked up by US media outlets.

According to the article linked above, Liberation is in some financial dire straits, but the paper has entered a process called "sauvegarde," which sounds to me like bankruptcy protection (translates as "safeguard"), though I can't be sure because I've never heard of it before. In any event, the article goes on to reassure Liberation's readers that it will continue to be printed as usual.

I know there's more to this story, and since Liberation is a publication for which I have a great deal of respect, I will be following the developments as closely as I can.