This translation has been automatically generated and has not been verified for accuracy.The print media need extra sources of federal funding, as well as a new deal with foreign internet companies, to survive the economic shock brought on by the COVID-19 pandemic, the publisher of The Globe and Mail has told MPs.
“Let’s be clear, the long-term outlook for The Globe and many others has darkened because of the pandemic. Print-advertising revenue – once the backbone of newspapers – will go into accelerated decline,” Mr. Crawley said.He added that The Globe has forgone potential revenue during the crisis by providing free access to news stories and columns on the novel coronavirus instead of putting them behind its paywall.
Mr. Crawley said The Globe has fared better than other newspapers because it relies relatively less on advertising and more on subscriptions. Still, he asked for increased federal advertising in newspapers, a rebate on printing expenses and a subsidy on the cost of using the national news agency, The Canadian Press.
Unifor president Jerry Dias backed the call for a greater contribution from foreign platforms to the Canadian news industry, saying Ottawa needs to follow the lead of other countries.
globepolitics Screw G&M Fake, Hate & Smear News Extinction imminent Bird cage bottoms will miss you
globepolitics The media in Canada is nothing more than a propaganda spewing arm of the government far too reliant on the mother ship to provide meaningful unbiased information to inform the citizenry. If the media can't make it on its own it should did a quick death.
globepolitics If they can’t make on their own then they should fold. No amount of $$ will help them to become successful it will only turn them into more welfare recipients.
globepolitics Bull shit!!! The media needs a reset with real reporting.
globepolitics globe asking JustinTrudeau for money. In exchange for friendly news.. cdnpoli canpoli Corruption (crackheaded..) Here you go.
globepolitics More click bait I guess.
globepolitics No Way...UNIFOR is the Canadian medias union and the most corrupt union in Canada..it's enough free independent Press is non existent
globepolitics No to ‘merican owned postmedia
globepolitics You already got a very big share of $650m. And now you want more.
globepolitics More....lol
globepolitics Fuck this!