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Writers Flee Grasset as Billionaire Bolloré Tightens Cultural Grip

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Over 200 French writers have walked away from publishing house Grasset in protest after billionaire industrialist Vincent Bolloré forced out longtime CEO Olivier Nora. The mass exodus represents the most significant fracture in France's literary establishment in years, as the far-right businessman consolidates control over the country's cultural institutions.

Bolloré acquired Grasset three years ago as part of a broader cultural expansion that includes newspapers, radio stations, and CNews — a 24-hour news channel modeled on Fox News that has become France's most popular news outlet. His publishing arm Fayard now publishes Jordan Bardella, leader of the far-right Rassemblement National party, which is leading polls for next year's presidential election.

The incident reflects a global pattern of wealthy industrialists acquiring media and cultural institutions to push ideological agendas — parallels to Jeff Bezos's ownership of The Washington Post have been drawn. Guez warns that publishing houses should be places where conflicting ideas coexist, not propaganda machines. The Grasset affair, he argues, serves as a warning to democratic societies worldwide about the growing threat of oligarchs wielding cultural power with absolute impunity.