Montreal to fund local newspapers in lump sum, media head calls it 'fresh air' in challenging times

Montreal will ship lump sums of $85,000 to small newspapers in an obvious effort to energise an business hit onerous by the consequences of digitization and distribution prices. “Conscious of the key challenges dealing with the business in a context the place a evaluate of its enterprise fashions is important, the town of Montreal will make investments $2 million to help native print newspapers on this mandatory transition,” reads a launch to media.