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Youth media, Konbini, profitable again

2023-02-02T18:12:13.922Z


The pure digital player will launch in March, in partnership with the M6 ​​group, its Fast channel. After several years of losses, “ Konbini has finally achieved profitability in 2022” , reveals to Figaro its very discreet general manager, Irakli Lobzhanidze. Before arriving at the controls of the online media three years ago to straighten out his finances, this 30-year-old of Georgian origin, exiled during his youth in Russia, was an investment banker at Rothschild in Paris. To return to the p


After several years of losses,

Konbini

has finally achieved profitability in 2022”

, reveals to

Figaro

its very discreet general manager, Irakli Lobzhanidze.

Before arriving at the controls of the online media three years ago to straighten out his finances, this 30-year-old of Georgian origin, exiled during his youth in Russia, was an investment banker at Rothschild in Paris.

To return to the path of profitability, the pop culture medium, influencing the target of 15-25 year olds, has chosen to refocus its strategy on the French market, by closing its offices located in Mexico, in the United States. or in Switzerland.

This strategy was also considered necessary to preserve its market share in the country, faced with the arrival of new pure digital players such as Loopsider, Brut.

or Melty.

Its main shareholder, the Perrodo family (owner of 80% of the capital), which made a fortune in oil, had to return to the pot several million euros.

A time…

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Source: lefigaro

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