MondayNote: Sarkozy’s news prescription – ‘a band-aid to an ailing industry’

Yes, Monday was two days ago but Frédéric Filloux’s take on Sarkosy’s media prescription is a good read and clearly set out. “Tons of cash for publishers, little in return,” Filloux starts.

“That’s the Sarkozy prescription to ‘save’ the press. For €600m ($767m) to be spent over three years, the French president is buying if not influence, the French media barons’ ear and goodwill. This is not a stimulus package. This is a band-aid to an ailing industry that has a shown a tremendous resistance to change, at every level.”

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