Day of Design: 20 Years of Newspaper Design
Le Monde (The World) is a French daily evening newspaper founded by Hubert Beuve-Méry and continuously published in Paris since its first edition on Dec. 19, 1944. It is one of two French newspapers of record along with Le Figaro, and the main publication of La Vie-Le Monde Group.
Most Le Monde journalists are not only tenured, but financial stakeholders in the enterprise as well, and participate in the elections of upper management and senior executives. In the 1990s and 2000s, La Vie-Le Monde Group expanded with a number of acquisitions. However, its profitability was not enough to cover the large debt loads it took on to fund this expansion, and it has sought new investors in 2010 to keep the company out of bankruptcy. It has been suggested that a condition for a bailout might be the loss of Le Monde’s famous control by its own journalists. In June 2010, investors Matthieu Pigasse, Pierre Bergé, and Xavier Niel acquired a controlling stake in the newspaper. The current editor-in-chief is Erik Izraelewicz.