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De Benedetti Transfers Domani to Foundation With €4 Million Endowment

The move is intended to safeguard the paper’s mission, with financial balance targeted in 2026.

Overview

  • Ownership passes to a new foundation endowed with €4 million to institutionalize editorial independence.
  • Carlo De Benedetti relinquishes ownership roles but says he will remain close to the project.
  • The foundation is described as composed of high‑profile figures, though members have not been disclosed.
  • CEO Paolo Campo Dall’Orto and editor Emiliano Fittibaldi remain in place as leadership continuity is emphasized.
  • Domani posted an estimated €1 million loss in 2024, and the plan aims for break‑even by 2026 through digital growth and subscriptions.