Billionaire Arnault’s ‘Les Echos’ Editor Exits, Raising Independence Worries
- Top editor’s exit at Les Echos newspaper stirs controversy
- Rich investors increasingly control French media outlets
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Billionaire Bernard Arnault has come under pressure after the journalist guild at his Les Echos newspaper raised questions over the mogul’s possible role in the editor-in-chief’s departure.
Nicolas Barré is leaving his position after 10 years at the helm of France’s main business daily and will pursue other opportunities within the parent company, Groupe Les Echos-Le Parisien said in a statement on Twitter. Arnault, the world’s richest person, said in the release that he was “very happy” Barré would remain in the group.