LA PRESSE + IN THE SPRING OF 2018-
By Bernard Bujold-
The Internet project LA PRESSE + would have cumulative losses of more than $ 400 million since its beginning in 2013 and $ 89 million lost for the last year 2017 in the balance sheet of the owner Power Corporation. Is this a sign of the end of the media? The company La Presse has already completely eliminated its paper edition. Closing or selling the Internet version would not be impossible for the Power Corporation group because shareholders are very unhappy with the financial results and there is constant pressure to change the situation. To be continued!
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