In the break since march due to the COVID-19, the magazine to See who belongs among others to the businessman Alexandre Taillefer firm closed its doors.
“It is a newspaper that changed the tone of journalism in Quebec,” says the ex-editor-in-chief of See, Richard Martineau, who has spent 20 years.
“He treated politics with a tone irreverent, and the cultural work seriously,” says the one who is a columnist at the Newspaper.
Founded in 1986 by Pierre Paquet, See is now part of the group Mishmash Media, owned by XPND Capital, which has the senior partner, the ex-president of campaign Quebec liberal Party (QLP) Alexandre Taillefer. The group also owns The news.
In mid-march, to See it had already laid off seven people because of the shows cancelled because of the pandemic. It planned to resume its activities in the fall.
“Our business model relies heavily on the cultural industry, which is severely affected by the crisis and who will not invest in the project See in the immediate future “, one can read in an internal memo that circulated yesterday, and which the 24 Hours has obtained a copy.
This is not the first time that the enterprises of XPND Capital in financial difficulties.
Last year, Teo Taxi has put an end to its activities. When the company is placed to protect itself from its creditors, it and its parent company, Taxelco, hanging out of the debt of $ 25 million.
“The COVID-19 was completed to See, but See was already sick. The pandemic has only accelerated his death “, said professor of journalism at the University of Quebec at Montreal, Jean-Hugues Roy.
“Advertising can no longer fund the information. It is necessary to find new business models “, says he.
Even if it is moved on to something else, columnist Richard Martineau, who has signed the opening text of the first issue of See, has only good words for the magazine.
“Many of the journalists of La Presse, Radio-Canada, Le Devoir and the Journal have made their first weapons there,” remembers Richard Martineau.
Alexandre Taillefer has not responded to our request for an interview yesterday.
–With Camille Dauphinais-Pelletier and Gabrielle Morin-Lefebvre, QMI Agency