Mar 27 2013
French Culture Minister Aurélie Filippetti has unveiled part of the government's plan to shore up independent booksellers. Filippetti observed that the government wants to ensure France "never suffers the same fate as the United States" with "the collapse of several [bookshop] chains" and the ensuing difficulties for publishers.
Under the program, a fund of €5 million (about US$6.4 million) would be created for loans to booksellers with cash flow problems and the budget of ADELC (Association pour le Développement de la Librairie de Création), would rise from €4 million to €7 million "to help outlets when they change hands. The plan also calls for the appointment of an independent book industry mediator to settle disputes as an alternative to litigation.
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