Groupe Figaro is a French media conglomerate owned by Dassault Group. [1] The company contains some of the core assets of the now extinguished Socpresse that Dassault purchased in 2006. Dassault renamed its press holdings as "Groupe Figaro" in 2011. [2]
Groupe Figaro owns Le Figaro , Madame Figaro , TV Magazine , Le Figaro Histoire, Le Figaro Magazine , Figaro Golf, Figaro Santé, Figaro enchères, Figaro nautisme and Figaro Bourse. As of 2016, its revenues were €520 million and it had 1,500 employees. [1]
Groupe Figaro also owns CCM Benchmark Group, which owns L'Internaute , Le Journal des Femmes, and several other publications. In Brazil, it owns the Portuguese-language A Revista da Mulher. In Italy, it owns the Magazine delle Donne. [3]
Its ownership by Serge Dassault was long a source of controversy in terms of conflict-of-interest, as Dassault also owned a major military supplier and served in political positions from the Union for a Popular Movement party. His son Olivier Dassault has been a member of the French National Assembly for 18 years, while at the same time holding several positions at Dassault Group and its subsidiaries, including its media subsidiaries. [4] [5] [6] [7] Serge Dassault remarked in an interview in 2004 on the public radio station France Inter that "newspapers must promulgate healthy ideas" and that "left-wing ideas are not healthy ideas." [8]
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Socpresse was a French corporation which controlled the conservative daily newspaper Le Figaro, the weekly magazine L'Express, 40% of the weekly Le Journal du Dimanche, Valeurs Actuelles, and the football club FC Nantes. The company was acquired by the Dassault in September 2006. Before that date, 13% of the shares belonged to Aude Ruettard, the granddaughter of Robert Hersant. After the acquisition, Dassault sold off most of the company, retaining Le Figaro and FC Nantes; in 2011, Dassault renamed its remaining core media assets Groupe Figaro.
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le choix en 2011 du nom Groupe Figaro, pour remplacer celui, historique, de la Socpresse, est symbolique de l'investissement stratégique du groupe dans sa marque phare