La Vie Eco
Founded in 1957 by Marcel Herzog, La Vie Eco is Morocco’s historical business and financial news print outlet. In 1994, it was reacquired by French press magnate Jean-Louis Servan-Schreiber, close to Royal Advisor André Azoulay and Fouad Filali, King Hassan II’s ex-son in law and former Director of Royal Holding Group SNI/ONA.
La Vie Eco was sold again three years later and is now edited by the company La Vie Eco Presse, that belongs to the media group Caractères - under ownership of holding mastodonte Akwa Group. Its publishing and editing director is now Saâd Benmansour, who started his career as an economic journalist in the weekly Le Journal.
La Vie Eco openly states that its target audience is the decision makers in the realms of economics and politics. Before its sale in 1997, La Vie Eco was to be an experiment in independent economic reporting, steering away from politics. It is the outlet where future key editors/journalists of the independent press of the late 1990s and early 2000s would start off including: Ali Amar, Ahmed Benchemsi, Aboubakr Jamai and Ali Lmrabet.
In 2016, the daily paper was distributed nationally at an average of 16 022 copies while individual paid purchases amounted to a mere fifty percent of overall distribution, thus totaling 8 862 copies.
Audience Share
0.94%
Ownership Type
private
Geographic Coverage
National
Content Type
paid content
Media Companies / Groups
La Vie Eco Presse
Caracteres Media Group
Ownership Structure
La Vie Eco is owned by La Vie Eco Presse, a public limited company with a management and supervisory board.
Voting Rights
MD
Group / Individual Owner
Caractères Media Group
Caractères is a subsidiary media company of the holding group Akwa, ownership of Moroccan billionaire and current Minister of Agriculture, Aziz Akhannouch.
AKWA
Akwa is a large holding group that owns amongst others the fourth highest performing Moroccan company (Afriquia) that reached a revenue of $US 2 Billions in 2015. It belongs to Moroccan billionaire Aziz Akhannouch.
SOFIMA
General Information
Founding Year
1957
Founder
Marcel Herzog
Affiliated Interests Founder
Herzog was a French press owner.
Ceo
Saad Benmansour
Affiliated Interests Ceo
Saad Benmansour is also the CEO of the French-language daily newspaper Aujourd’hui Le Maroc.
Editor-In-Chief
Souhail Nhaili
Affiliated Interests Editor-In-Chief
MD
Contact
5, bd Abdellah Ben Yacine - 20300 Casablanca, Morocco 0522 450 555
Financial Information
Revenue (in Mill. $)
N/A
Operating Profit (in Mill. $)
N/A
Advertising (in % of total funding)
MD
Market Share
MD
Further Information
Meta Data
According to Moroccan law, media outlets are not required to disclose their financial information. However, their publishing companies are required to do so. | Audience share number was computed with the OJD data. | Maghreb Confidentiel is payed content. Le Desk accessed it through a subscription I
Sources
http://lavieeco.com/a-propos-de-la-vie-eco
About. Accessed : October 18th, 2017.
