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CaractacusPotts @lemmy.ca

3d ago

Postmedia Tells Shareholders $35 Million in Federal Government Handouts is Now a ‘Key Pillar’ of Its Business Strategy

pressprogress.ca Postmedia Tells Shareholders $35 Million in Federal Government Handouts is Now a ‘Key Pillar’ of Its Business Strategy

Canada’s biggest newspaper chain says subsidies are for ‘welfare slackers’, but tells investors ‘government support’ is central to its business model

Postmedia Tells Shareholders $35 Million in Federal Government Handouts is Now a ‘Key Pillar’ of Its Business Strategy

7 comments

Nationalize it then convert it into a journalist owned co-op.

Defund foreign owned propaganda.
- Given the current news revenue models I don't think it's possible for large scale outlets to be anything but paid adverts in guise of the news. The Conservative mantra of deregulation is also going to make things worse.
  Ultimately someone will need to come up with something that pays people to deliver accurate news.
  
  Like a publicly funded crown corp?

7 comments