Montreal La Presse print edition to disappear
The Canadian Press with paNOW files
MONTREAL – One of Power Corp.'s two co-chief executives says the print edition of Montreal La Presse will disappear “eventually.”
Co-chief executives Andre and Paul Desmarais Jr. noted the growing interest in online news as well as a steady decline in revenue from print advertising for newspapers.
The issue was raised during Power Corp.'s annual meeting in Montreal on Thursday when Paul Desmarais Jr. was asked whether he foresees the disappearance of the print edition of its flagship newspaper.