LVMH Expands Media Portfolio by Acquiring L'Opinion and L'Agefi
Parijs, vrijdag, 4 juli 2025.
Bernard Arnault strategically extends his media portfolio by gaining full control of L’Opinion and L’Agefi. Despite L’Opinion’s chronic losses, LVMH aims to develop both titles further. The acquisition confirms Arnault’s growing influence in the media world, maintaining original governance and preserving all 150 employees. The purchase fits into LVMH’s broader media consolidation strategy, having previously acquired Paris Match and now investing in high-quality news platforms with a liberal, pro-European stance.
LVMH Expands Media Portfolio
Bernard Arnault has acquired full control of the media group Bey Médias on Thursday morning, which includes the liberal newspaper L’Opinion and financial news site L’Agefi [1]. The LVMH group, which already held a minority stake in this media organisation, has now purchased all shares from other shareholders, including the Bettencourt family’s holding Thétys and Rupert Murdoch’s Dow Jones Group [1].
Strategic Media Development
Although L’Opinion suffers from chronic losses, LVMH is determined to further develop both media platforms [1]. The acquisition maintains the original governance: Nicolas Beytout remains chairman, while editors-in-chief Rémi Godeau (L’Opinion) and Alexandre Garabedian (L’Agefi) will continue in their roles [1]. In total, all 150 employees, including 90 journalists, will be retained [1].
Media Consolidation
This purchase fits into Arnault’s broader media strategy, having previously acquired Paris Match from the Lagardère group at the end of 2024 [1]. Moreover, Arnault had been involved in financing L’Opinion since its founding in 2013, with the aim of defending a distinctly liberal and pro-European course [1].