According to a several reports, Montreal newspaper La Presse is looking to transition to a digital format in the near future, despite a standing 15-year contract with Transcontinental to print the newspaper.
Le Devoir, a competitor to La Presse, reported on Friday that plans are underway to drastically reduce the printing of the newspaper, turning instead to digital-only publishing. Such plans could include offering free iPads or other digital devices to those who sign up for a three-year subscription to the newspaper.
The Montreal Gazette also covered the story, stating that the print edition may be reduced to 75,000 from its current 200,000 copies daily. The report also says $5 million has already invested into the plan and another $25 million is earmarked for the transition.
La Presse representative Caroline Jamet told CTV News that “Whatever transpires, we have a printing contract in the tens of millions of dollars with Transcontinental that ends in 2018.” The two parties signed the agreement in 2001 and in 2003 Transcontinental opened a new plant which gave La Presse an upgrade in print quality.
CTV Story
Montreal Gazette Story
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