Arts book publisher Phaidon Press has acquired the acclaimed French publication, Cahiers du Cinema from Le Monde. Founded in 1961 by Andre Bazin, the monthly magazine featured Jean-Luc Godard, Francois Truffaut and Claude Chabrol as early writers and the company also publishes books about cinema.
"I am delighted to have taken custody of this venerable title," said Phaidon's Richard Schlagman, in a statement today. "The magazine has had an extraordinary history, although in recent years it has struggled. I am determined to once again make Cahiers du Cinema play a central role in the world of filmmaking and indispensable to its participants and aspirants. I am positive that Cahiers can once again become relevant to our times and speak to a new generation of cinephiles."
Emmanuel Burdeau from Cahiers du Cinema spoke rather ominously about the financial prospects for the venerable French journal back during a panel discussion about film criticism in late September at the New York Film Festival.
"This crisis is both economical and an editorial crisis at the same time," Burdeau explained at the time, detailing the losses incurred by his publication at a time when its readership is dwindling. He advocated a militant shift, transforming film critics into film distributors who release and advocate for quality cinema, ensuring that the world's best filmmakers have access to international audiences who now have more and more ways to see their films.