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has been doing investigations on a systematic basis for decades. It has also been consistently profitable, with no adivertising whatsoever (ie ony from sales and financial income on reserves - they never distribute any profits).

They've been behind most of the major scandals in France over the past 40 years.

In the long run, we're all dead. John Maynard Keynes

by Jerome a Paris (etg@eurotrib.com) on Wed May 27th, 2009 at 10:50:15 AM EST
[ Parent ]
Jerome a Paris:
They've been behind most of the major scandals in France over the past 40 years.

Presumably you mean they have exposed them rather than been behind them!

notes from no w here

by Frank Schnittger (mail Frankschnittger at hot dotty communists) on Wed May 27th, 2009 at 10:58:55 AM EST
[ Parent ]
How do they do it?  Any articles on it?  Do they have a big endowment?  I am aware of at least one newspaper that was turned into a ESOP to benefit the staff by the daughter and son-in-law of the last "for profit" publisher.  I would think that this sort of model, rather like what was described for The Irish Times, could be a good one.  The bigger the endowment the better, but I suspect the arrangement would have to be set up during the lifetime of the benefactor in order for it to have a chance to endure.  Many interests would have a strong desire to neuter if not smother such enterprises.

As the Dutch said while fighting the Spanish: "It is not necessary to have hope in order to persevere."
by ARGeezer (ARGeezer a in a circle eurotrib daught com) on Thu May 28th, 2009 at 11:48:35 PM EST
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