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Article: Le Figaro walks tightrope under wealthy owner

Article from:
International Herald Tribune
Article date:
September 27, 2004
Author:
Copyright

Doreen Carvajal
International Herald Tribune
09-27-2004
The imposing headquarters of France's leading conservative daily, Le Figaro, rises from the wide sidewalks of Rue du Louvre like some great, battered ocean liner. Its royal blue awnings are weather-beaten and fading, fat pigeons are roosting on its rooftop, and lately this venerable Parisian paper has been thrashed by an unrelenting wave of bad news. One of its foreign correspondents is the captive of Iraqi insurgents, his giant, somber photograph part of a vigil outside City Hall here. The French trade press is picking over the state of Le Figaro's financial health with reports about internal memos warning that its tepid circulation ...

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