Télémaque, a French publishing house founded in 2004, has regained its independence after being acquired by Editis in 2019. The sale, revealed by La Lettre, occurred as Editis continues its reorganization under new leadership. Stéphane Watelet, Télémaque's founder, will regain full control of the publishing house, which had been under Editis' ownership since 2019. The transaction includes all audiovisual rights and covers the entire Télémaque entity. Watelet previously held 90% of Télémaque's capital, with the remaining 10% belonging to Gallimard, which was sold in 2019. Watelet described Télémaque as a "completely general publisher" that is difficult to integrate into a more structured organization. The decision by Editis to sell Télémaque was seen as an attempt to "make the offer more readable" and streamline operations. Télémaque will continue to be distributed by Interforum, a key factor in the decision to exit Editis. The sale follows similar moves by other publishers, including Laurent Beccaria's decision to reclaim Editis' stake in Les Arènes and L’Iconoclaste. Télémaque's financials show a net loss of 185,000 € in 2024, with negative shareholders' equity. Watelet plans to maintain Télémaque's editorial independence and expand its focus on diverse, high-quality ideas. He also intends to introduce new publishing models, including crowdfunding and customized audience engagement. The broader reorganization at Editis includes a reduction in the number of external publishers distributed by its subsidiary, Interforum, and a restructuring of its leadership. Denis Olivennes, president of Editis, has emphasized a strategy of "publishing less to sell more," while Dalila Zein, the group's general director, is overseeing the consolidation of publishing houses into three main groups. The sale of Télémaque is part of a larger trend of publishers exiting Editis, raising concerns about the group's direction and profitability.