Canada's struggling media industry can't be left to market forces


This is the third of a three-part series of guest columns seeking answers to the financial issues that have plagued Canadian news organizations

How to fix the news media’s business model? That is the million (billion?) dollar question. I think some radically different models need to be considered.

Here's one: a cooperative. I don't know much about the Quebec experience, but a new cooperative model called Les Coops de appears to have staved off bankruptcy for a group of influential papers. I think they still struggle with all the same problems every outlet does, but it no longer relies on a Bell or Corus or a Postmedia-style hedge fund to decide if it is worth keeping afloat.

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