Groupe Figaro Explained

Groupe Figaro is a French media conglomerate owned by Dassault Group.[1] The company contains some of the core assets of the now extinguished Socpresse that Dassault purchased in 2006. Dassault renamed its press holdings as "Groupe Figaro" in 2011.[2]

Holdings

Groupe Figaro owns Le Figaro, Madame Figaro, TV Magazine, Le Figaro Histoire, Le Figaro Magazine, Figaro Golf, Figaro Santé, Figaro enchères, Figaro nautisme and Figaro Bourse. As of 2016, its revenues were €520 million and it had 1,500 employees.[1]

Groupe Figaro also owns CCM Benchmark Group, which owns, Le Journal des Femmes, and several other publications. In Brazil, it owns the Portuguese-language A Revista da Mulher. In Italy, it owns the Magazine delle Donne.[3]

Ownership

Its ownership by Serge Dassault was long a source of controversy in terms of conflict-of-interest, as Dassault also owned a major military supplier and served in political positions from the Union for a Popular Movement party. His son Olivier Dassault has been a member of the French National Assembly for 18 years, while at the same time holding several positions at Dassault Group and its subsidiaries, including its media subsidiaries.[4] [5] [6] [7] Serge Dassault remarked in an interview in 2004 on the public radio station France Inter that "newspapers must promulgate healthy ideas" and that "left-wing ideas are not healthy ideas."[8]

Notes and References

  1. Web site: Groupe Dassault - Groupe Figaro. www.dassault.fr.
  2. Joux Alexandre . Stratégies de marques et stratégies éditoriales du Groupe Figaro . Réseaux . 2017 . 205 . 5 . 117–143 . 10.3917/res.205.0117 . 5 October 2020 . fr . le choix en 2011 du nom Groupe Figaro, pour remplacer celui, historique, de la Socpresse, est symbolique de l’investissement stratégique du groupe dans sa marque phare. free .
  3. Web site: CCM Benchmark Group. www.ccmbenchmark.com.
  4. Web site: Socpresse : Une restructuration en bonne voie. Stratégie. 24 May 2002. 1 October 2020. 18 November 2013. https://web.archive.org/web/20131118150058/http://www.strategies.fr/etudes-tendances/dossiers/r24528/r24534W/socpresse-une-restructuration-en-bonne-voie.html. dead. .
  5. Web site: Organigramme. Dassault.fr. .
  6. News: Marie Bordet. Ça plane pour Olivier Dassault - Succession. Le fils aîné de Serge Dassault prend la tête du holding familial. Rencontre avec l'héritier.. . 23 December 2011. 26 October 2018. .
  7. Web site: Serge Dassault donne la préférence à son fils Olivier pour lui succéder l'heure venue. Les Échos. 23 November 2011. 1 October 2020. 16 March 2018. https://web.archive.org/web/20180316215011/https://www.lesechos.fr/23/11/2011/LesEchos/21064-113-ECH_serge-dassault-donne-la-preference-a-son-fils-olivier-pour-lui-succeder-l-heure-venue.htm. dead. .
  8. https://archive.today/20120526210025/http://www.lemonde.fr/web/recherche_breve/1,13-0,37-880582,0.html "M. Dassault veut une presse aux « idées saines »"

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