Lagardère Média News Takes 25% Stake in Frontières, Which Is Launching L’Indiscret
Translated from French and summarized by DistantNews. Read the original for the full story.
At a glance
- Lagardère Média News, owner of Le Journal du dimanche and JDNews, has acquired a 25% minority stake in Artefakt, the publisher of Erik Tegnér’s investigative outlet Frontières.
- Tegnér remains the company’s largest shareholder and retains operational and editorial control.
- Frontières plans to launch L’Indiscret, a digital weekly modeled on confidential newsletters, at the end of September.
A new horizon is opening for Frontières: Lagardère Média News, the group behind Le Journal du dimanche and JDNews, has taken a 25% stake in Artefakt, the company that publishes Erik Tegnér’s investigative media outlet.
Frontières is a new media player, at the forefront of digital and investigative journalism, which will allow us to diversify our audience and continue adapting to new ways of getting information.
Tegnér remains the company’s largest shareholder and will keep operational and editorial control. The investment gives the young outlet the backing of a major publishing group while preserving its current leadership.
“Frontières is a new media player, at the forefront of digital and investigative journalism, which will allow us to diversify our audience and continue adapting to new ways of getting information,” said Arnaud Lagardère, chief executive of Lagardère SA. He described the investment as support for investigative journalism at a time when false news is spreading and trust in traditional media is under strain.
This investment is also support for the development of investigative journalism at a time of increased spread of false news and shaken trust in traditional media.
Tegnér called the transaction “a great source of pride.” He said Lagardère was a leading press group that would help Frontières continue its professional development. The outlet will also expand its format with L’Indiscret, a digital weekly due to launch at the end of September and modeled on confidential newsletters.
This investment is a great source of pride.
Originally published by Le Figaro in French. Translated, summarized, and contextualized automatically by DistantNews, with a note on how the source frames the story. Not individually reviewed before publishing. How this works.