immigrantscanada.com

Independent topical source of current affairs, opinion and issues, featuring stories making news in Canada from immigrants, newcomers, minorities & ethnic communities' point of view and interests.

Business Model: News and Media

business model: The Trudeau government reportedly does not want to bail out media companies that are no longer viable, according to Toronto Star. Federal officials defend their studied indifference with public opinion research that indicates Canadians believe that in this social media age, they are awash in news and therefore have no desire to fund legacy media companies in any way shape or form. And as the new line-up looks for opportunities to step up their game, federal policies regarding news organizations should be high on that list. Any viable business model for a news organization going forward is going to have to be subscription based. Anyone investing in news content would be eligible, writes Bill Fox. It avoids the need for independent panels to dole out federal subsidies, it avoids subjective criteria as to who qualifies and who does not. (www.immigrantscanada.com). As reported in the news.