Under the restructuring plan, the paper would have been turned into a social network, providing content for multimedia platforms.Both sides are right, in my opinion, but you know who's going to win in an Internet age whose thought processes are more and more often defined by Tweets and lattes.
The paper's headquarters would have become a cultural centre, with a bar, a restaurant, a TV studio and a start-up hub.
Key shareholders defended the plan as the only viable future for the ailing 40-year-old paper, which saw its sales slide 15% last year.
But journalists accused the management of wanting to turn Libération into a brand and said the plan involved doing everything but journalism.
Can excellence compete with entertainment? Short of the inevitable catastrophe, I doubt it.