How very socialist

Two months after the jihadist attack in which staff at the French satirical weekly Charlie Hebdo were murdered, a split has emerged in the newsroom over the nearly £22 million received since the killings.

Eleven staff members have called for all employees to become equal shareholders in the magazine, setting them up for a battle with the current management.

Charlie Hebdo is currently 40 percent owned by the parents of Charb, the former director of the magazine who was killed in the January 7 attacks, 40 percent by cartoonist Riss, who is recovering in hospital from shoulder wounds and 20 percent by joint manager Eric Portheault.

But one of the Charlie Hebdo journalists, Laurent Leger, stunned the editorial conference on Wednesday by announcing the creation of a group to open talks on an equal division of the magazine’s capital.

Or French if you prefer. While the magazine was stumbling along making little no one really cared. As soon as there’s some cash they want a chunk.

Until the attacks, Charlie Hebdo was teetering on the verge of bankruptcy and was selling only around 30,000 copies a week.


One Charlie Hebdo staffer, who is not part of the group demanding equal shares, accused the others of “talking about (Charb’s) money when the maggots haven’t even finished eating him.”

Well, yes, it is a bit like that, isn’t it? Almost privatise the losses and socialise the profits….

8 thoughts on “How very socialist”

  1. Exactly my thoughts when I read the article. Like all true socialists, they see a pile of someone else’s money and decide it’s theirs.

  2. It’ll soon be back to its core values, of unfunny cartoons by smug leftists who can’t draw. So in a year’s time it will have a circulation of <30,000 again.

    Spare a thought for Charb's parents. The fisc will be trying to find a way of taxing that €30 million.

  3. bloke (not) in spain

    I’d echo my Welsh compatriot here. When it comes to squabbling over a pile of loot you won’t beat a socialist for elbowing to the front. It’s why, if you’re on the look out for smuggled fags, snide videos & things fallen off the back of lorries your local Labour Club’s your first port of call. They’d commercialise their grannies, given half a chance.

  4. Reminds me of the squabbling that followed Occupy New York stumbling across a few million in donations. The greed and sense of entitlement would make any banker blush.

  5. B(n)IS>

    Funny, I was going to point out that this is par for the course amongst far-right groups. It reminds me strongly of Griffin ousting Tyndal to get his hands on the BNP’s income.

    I really don’t think it has anything to do with economics, or even politics in any normal sense. It’s just that people who are insane and extreme enough to believe in genocide, like the BNP or CH, are hardly going to be the most law-abiding in other ways.

  6. As I suspected. After asking around here’s the rules.

    The inheritors only inherit at the “liquidation de succession” (probate, as we would put it).

    So shares in CH were worthless before, but now worth approx €30 million. In six months time Charb’s elderly parents (40% of 30 million) are going to be hit with a IHT bill of some 5 or 6 million.

    And their son’s “friends” are trying to ensure they don’t have the money to pay the bill.

    Nice, these leftist cartoonists, eh?

  7. What I don’t get is on what grounds can a bunch of employees demand any share of the business for which they work? The owners can just tell them to fuck off and leave if they don’t like it.

  8. So Much for Subtlety

    Dongguan John – “What I don’t get is on what grounds can a bunch of employees demand any share of the business for which they work?”

    I am sure that “Dave” or Ed Miliband will be soon announcing their exciting new extension of the Right to Buy. If you work for it, you can buy it!

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