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in a letter to
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December 11, 1992

Le Monde's problems make it the textbook example of the evolution of French press over the last years

Within two weeks, the French newspaper Le Monde will run out of cash

write Frédéric Filloux and Jean-Louis Gassée.

By this Monday at noon, candidates to the takeover of the most prestigious French daily will have disclosed their offers. By June 28, the staff will vote and make the final decision for the fate of the 66 years-old paper.

More importantly, the newspaper’s independence will be under severe pressure.

Le Monde is the textbook example of the evolution of French press over the last years …