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Revolution and Revolt in France

Tuesday, 11 February, 2014

Revolution: Yesterday, the French business daily, Les Echos, launched a news aggregator called Les Echos 360. To be precise, it’s not an aggregator, it’s an “aggrefilter” says Frederic Filloux, the head of digital at Les Echos, who explains that the word means an aggregation and filtering system that collects technology news and ranks it based on its importance to the news cycle. As Filloux points out in his Monday Note blog post, this move required courage and a lot of clever thinking:

“For Les Echos‘ digital division, this aggrefilter is a proof of concept, a way to learn a set of technologies we consider essential for the company’s future. The digital news business will be increasingly driven by semantic processes; these will allow publishers to extract much more value from news items, whether they are produced in-house or aggregated/filtered. That is especially true for a business news provider: the more specialized the corpus, the higher the need for advanced processing.”

Liberation

Revolt: Journalists at France’s third-biggest national newspaper, Libération, have responded with rage at a plan by the owners to try to save the declining daily by transforming it into a “social network”. The owners also want to convert the central Paris building rented by the newsroom into a cultural centre with a café, TV studio and business area for start-ups. Liberation staff voiced their opposition on the cover of the weekend edition: “We are a newspaper, not a restaurant, not a social network, not a cultural space, not a TV studio, not a bar, not a start-up incubator.”

Started by Jean-Paul Sartre in 1973, Libération is a leftist fixture on Parisian newsstands, but it has long trailed Le Monde and Le Figaro, and, with a circulation of just 100,000, it has proved to be a bottomless pit for its shareholders. Last year, it lost more than €500,000 as sales sank 15 percent. Marx would be delighted with such energetic destruction of capital.

Prediction: Les Echos will survive. Libération will not.


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