The Chained Duck has a comfortable war chest
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The satirical newspaper, which is the subject of a preliminary investigation, has a cash position of 130 million.
Eyes are on The chained Ducksince the revelation of a preliminary investigation around suspicions of fictitious employment within the newspaper satirical. According to the complaint lodged by a journalist from the editorial staff, Christophe Nobili, the companion of the cartoonist André Escaro, who was for a long time administrator of the weekly, would have been paid by The chained Duck without having worked there. This alleged case is an opportunity for readers to discover the comfortable financial situation in which the model newspaper finds itself. “pure paper”. Since its creation a century ago, it has made profitability the key to its editorial independence, refusing to host advertising or benefit from public aid.
Over the decades, the publishing company of the newspaper Les Éditions Maréchal – Le Canard enchaîné, transparent about its accounts (it publishes them every year), has built up a comfortable cushion of liquidity. Its equity exceeded 130 million in 2021…
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