2min chapter

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Google, Meta to block news in Canada

Front Burner

CHAPTER

The Spirale of News Organizations

Postmedia has a huge debt load at the moment. The proposed deal, at least what we know of the proposed deal, would see that debt converted to equity. That doesn't stop Postmedia from losing money. And their audience has been going down consistently. So fewer and fewer people think that the product that's being produced is worth reading.

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