this is from 2 years ago, after the mag was in the news for publishing cartoon depictions of Mohammed and other Muslims:
https://www.youtube.com/watch?v=4x-FD6leCKU&feature=youtu.be
it's hard to hear him... his point is that Hedbo is being congratulated as a beacon for "free speech" as they published caricatures of Muslims, but if they had published a caricature of a Jew they'd be prosecuted under the anti-anti-Semitism laws. rendering French "self-congratulation" over their defense of "free speech" "fakery" and "fraud".
The same day it declared to stand for free speech, the French government decided to sue people who congratulated the terrorists on Facebook and Twitter, so "free speech" is only the theory.