Caraktère (Aérojournal) in administration

[FalkeEins]

" Dear readers, customers or subscribers,

We share a common passion, that of military history. As some of you may know, I launched Caraktère in June 2003 to produce the magazine I had dreamed of reading but which did not exist. Since then, things have gone from strength to strength. After Batailles & Blindés came Ligne de Front, Trucks & Tanks, then C-J Ehrengardt's Aérojournal was relaunched and, finally, LOS was born (which I conceived at the same time as Batailles & Blindés in 2003, but which took 12 years to become a reality!) Other magazines didn't survive. Not to mention books, where we have also demonstrated our expertise, which many of you appreciate. We have innovated, changed things and contributed to the writing of military history in French.
Today, with 2024 about to tip its hat and 2025 just around the corner, Caraktère is caught up in the economic reality, which is not brilliant and which worries us all. Since the start of the summer, sales of all our magazines have fallen significantly. The same applies to books and special issues. Subscriptions are down. Our sales are falling, while production costs remain high. Our request to suspend the PGE - which we were forced to take at the time of Covid - was rejected by the Banque de France in June, because our situation was not sufficiently deteriorated for the taste of its analysts. Time has taken its toll, and the deterioration has accelerated.
So I had to act, as founder and manager of the company, and that's why I was recently invited to the Commercial Court in Marseille, where Caraktère was born, to ask for help. So here we are, in receivership, like more than 68,000 other French companies to date.
We have little room for manoeuvre and the situation is complicated. It's too early to say whether Caraktère will be able to survive or not, but of course I promise to keep you informed here..."

from Yannis Kadari's FB page;