Édouard de Rothschild's involvement
In 2005 Libération badly needed funds, and Serge July strove to convince the board to allow Édouard de Rothschild to buy a stake in the paper. The board agreed on 20 January 2005. Social conflicts arose shortly after. On 25 November 2005, the paper went on strike, protesting against the layoff of 52 workers. Rothschild, who had promised he would not interfere in editorial decisions, decided that he was not playing an active enough role in the paper's management. In May 2006 the paper announced a weekend magazine called Libé week-end, with a supplement called Ecrans (covering television, internet and film), and another called R. (The latter was abandoned in September of the same year.)
On 13 June 2006, Serge July told the editorial staff that Édouard de Rothschild was refusing to invest more money in the paper unless Louis Dreyfus (directeur général) and himself left the paper. July had accepted, believing the paper's future existence to depend on his decision. The journalists were shocked. The next day, they published a public statement praising the paper's founder and expressing their worries about journalistic independence. Serge July left the paper on 29 June 2006.
A debate between Bernard Lallement, the first administrator-manager of Libération and Edouard de Rothschild took place in Le Monde newspaper. In a column published on 4 July 2006, Lallement argued that July's departure was the end of an era where "writing meant something". Lallement painted a bleak picture of Libération's future, as well as that of the press as a whole. Criticizing Rothschild's interference, Lallement quoted Sartre, who had famously said that "Money doesn't have any ideas". Later, on his blog, Lallement argued that Rothschild, who had had no historic attachment to the paper, was only interested in making money, not in the paper itself. On 6 July, Rothschild declared: "Libération needs help and moral, intellectual and financial support. Libération doesn't need a requiem."
Sixty-two employees—including 35 journalists, such as Antoine de Gaudemar, chief editor, Sorj Chalandon, who was awarded the Albert Londres Prize, both present since the 1973 creation of Libé, and Pierre Haski, deputy editor, present since 1981—were about to resign at end of January 2007 (of a total of 276 employees). With the 55 other employees who left the newspaper at the end of 2005, this made a total of about 150 staff who had left since Rothschild's ownership, not including tens of resignations (including Florence Aubenas, Dominique Simonnot, Antoine de Baecque, Jean Hatzfeld)
In May 2007, former Libération journalists, including Pierre Haski and Pascal Riché (Op-Ed editor of Libération) created the news website Rue 89.
In 2014, the newspaper once again found itself in the news, following a public dispute between its journalists and shareholders over the future of the newspaper. In the face of falling circulation the latter had sought to re-invent the paper's web site as a social network. The editor-in-chief Nicolas Demorand resigned over the row.