Montreal funding local papers to tune of $85,000 each

Montreal will deliver lump sums of $85,000 to small newspapers in an apparent effort to energize an industry hit hard by the effects of digitization and distribution costs. “Aware of the major challenges facing the industry in a context where a review of its business models is necessary, the city of Montreal will invest $2 million to assist local print newspapers in this necessary transition,” reads a release to media.

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Montreal , Quebec , Canada , Luc Rabouin , Canada Post , Andrew Mule ,