Libération in search of capitalist help

Libération, the French newspaper co-founded by Jean-Paul Sartre as the voice of anti-capitalism, is looking for a capitalist saviour. It has been given six months to stave off bankruptcy after being awarded court protection last week. Now it must find an investor capable of wiping out expected losses this year of €13m (£8.8m). But the prospects look gloomy: sales are down 17% in five years to just 134,000 a day, and its annual outgoings are £30.3m while the projected revenue is £20.2m. (Via The Times)