French newspaper Libération, founded by Jean-Paul Sartre in 1973, is transferring into a non-profit company in a bid to secure a more prosperous future.
Libération’s 2018 revenues were €35 million ($38 million) and a net loss of €8.9 million ($9.6 million).
Although Libération’s digital subscribers grew six-fold in the last two years thanks to new digital products like premium newsletters, a gaming app and more sophisticated digital marketing.
According to Delpirou, coronavirus has led to a surge in digital subscribers, he predicts crossing the 50,000 milestone in June.
Already, Libération is the second most subsidized French newspaper (after French Communist Party newspaper l’Humanité).

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