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La Presse

Full company profile

uuid0006ndb

Namestring
La Presse
Legal namestring
La Presse Inc.
Websiteurl
lapresse.ca
Company typeenum
Private
Founded yearint
1884
Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
501–1,000
akta.pro rankint
HeadquartersMontréal, Canada
HQ citystring
Montréal
HQ countrystring
Canada
HQ regionstring
North America
Markets served

Serves global market

Offices1 record

Each record includes

City, Country, Type, Description, Source

Keyword5 values
French-language news, digital news media, online journalism, tablet news application, news editorial services
Industry3 codes
1Investigative & Nonprofit News Organizations
CodeMPAJADAFPrimaryYes
2Politics, Current Affairs & Social Commentary Publishing
CodeMPAJAAAMPrimaryNo
3News, Politics & Current Affairs Magazines
CodeMPAJAEAOPrimaryNo
NAICS code2 codes
  • Newspaper Publishers513110
  • Periodical Publishers51312
SIC code1 code
  • Newspapers: Publishing Or Publishing & Printing2711
Product category
Digital News Media
Social media profiles3 records
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model2 records
1Reader Donations and Philanthropy
TypeSubscription Recurring
Description

La Presse operates a philanthropic program where readers make donations to support the organization's mission of providing free quality journalism. Nearly 115,000 readers have contributed through this program, making it a primary revenue stream since transitioning to a not-for-profit model.

info.lapresse.ca
2Advertising
TypeAdvertising
Description

The organization generates revenue through advertising across its digital platforms, including the website and applications. This includes display advertising and sponsored content sections.

lapresse.ca:443
Marketing channels4 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels4 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure
Pricing details1 tier
1Free access with voluntary reader support
ModelFreemiumBilling cadenceMonthly
Notes

Core content is free to access. Readers are invited to support through monthly donations (e.g., $25/month suggested). Nearly 115,000 donors support the organization.

info.lapresse.ca
GTM typeB2C
B2C
Offering typeDigital Commerce or Conte…
Digital Commerce or Content
Core offering1 text field

La Presse is a digital-first French-language news media organization that publishes daily general-interest news content — covering politics, business, sports, arts, and international affairs — across multiple digital platforms including its website (LaPresse.ca), the La Presse+ tablet edition, mobile applications, and email newsletters. It operates under a non-profit structure funded by voluntary reader donations and advertising, distributing original journalism produced by an in-house newsroom to more than one million daily readers.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 2 values shown
  • Reaches over 1 million readers daily
+1 more record
Product overview1 text field

La Presse is a digital-first independent news media organization operating as a non-profit structure. Its product portfolio consists of three core digital platforms: the LaPresse.ca website providing free access to news content across diverse categories (national, international, sports, arts, business, society, travel, home, food), the La Presse+ tablet application offering a daily optimized digital edition for tablets, and the La Presse mobile application for smartphone access with push notifications. Additionally, the company offers email newsletter subscriptions (Infolettres) for curated content delivery. The organization reaches over 1 million daily readers with a newsroom of more than 200 journalists, making it the largest independent French-language newsroom in North America.

Product and service1 record
1LaPresse.ca website
Scale indicator3 records

Each record includes

Type, Value, Description, Source

Partnership12 partners
Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2026-06-03
Description

La Presse joined the SPUR Coalition alongside major Canadian news organizations (CBC/Radio-Canada, Globe and Mail, Postmedia, Quebecor, Torstar, TVO Media Education Group) and international founding members (Guardian, BBC, Financial Times, Sky News, Telegraph Media Group). The coalition, launched in February 2026, aims to establish standards for transparency, accountability, and fair value exchange between AI developers and content creators to help publishers control and monetize their content usage by generative AI applications.

Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2026-06-03
Description

Canadian public broadcaster and La Presse collaborating within the SPUR Coalition to establish AI content usage standards for publishers

Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2026-06-03
Description

Major Canadian newspaper and La Presse collaborating within the SPUR Coalition to establish AI content usage standards for publishers

Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2026-06-03
Description

Canadian newspaper chain and La Presse collaborating within the SPUR Coalition to establish AI content usage standards for publishers

Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2026-06-03
Description

Major Quebec media company and La Presse collaborating within the SPUR Coalition to establish AI content usage standards for publishers

Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2026-06-03
Description

Major Canadian newspaper publisher and La Presse collaborating within the SPUR Coalition to establish AI content usage standards for publishers

Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2026-06-03
Description

Ontario public media organization and La Presse collaborating within the SPUR Coalition to establish AI content usage standards for publishers

Strategic tierFlagshipTypeStrategic or Co-development PartnerAnnounced on2026-02-01
Description

UK-based founding member of the SPUR Coalition, working with La Presse and other publishers to establish standards for AI content usage

9BBC
Strategic tierFlagshipTypeStrategic or Co-development PartnerAnnounced on2026-02-01
Description

UK public broadcaster founding member of the SPUR Coalition, working with La Presse and other publishers to establish standards for AI content usage

financialpost.com
Strategic tierFlagshipTypeStrategic or Co-development PartnerAnnounced on2026-02-01
Description

UK-based founding member of the SPUR Coalition, working with La Presse and other publishers to establish standards for AI content usage

Strategic tierFlagshipTypeStrategic or Co-development PartnerAnnounced on2026-02-01
Description

UK-based founding member of the SPUR Coalition, working with La Presse and other publishers to establish standards for AI content usage

Strategic tierFlagshipTypeStrategic or Co-development PartnerAnnounced on2026-02-01
Description

UK-based founding member of the SPUR Coalition, working with La Presse and other publishers to establish standards for AI content usage

Recent move4 records

Each record includes

Date, Type, Title, Description, Source

Peers10 records
TypeDirect peer
Description

Quebec City-based French-language daily newspaper owned by Quebecor; competes with La Presse for regional Quebec francophone audiences and advertiser budgets in the same linguistic market.

TypeDirect peer
Description

Le Devoir is a French-language Montreal daily newspaper operating as an independent non-profit since 2019, directly comparable to La Presse in audience, geography, and non-profit digital transition. It is the closest direct peer in the Quebec French-language news market.

TypeDirect peer
Description

Canada's largest newspaper chain, operating the National Post and many regional dailies; a SPUR Coalition co-member. Postmedia shares La Presse's digital transformation challenges across news publishing at scale in Canada.

TypeDirect peer
Description

Quebecor is a Quebec media conglomerate whose flagship Journal de Montréal competes directly with La Presse for French-language readers and advertisers; a SPUR Coalition co-member. Combines newspaper operations with TVA television and Videotron telecom.

5Nuvo Media
TypeEmerging player
Description

Quebec-based independent digital news startup covering local Quebec news in French. Represents the emerging cohort of digital-native French-language news outlets competing for the same audience as La Presse.

TypeDirect peer
Description

Owner of the Toronto Star and other Canadian publications; a SPUR Coalition co-member. Comparable as a Canadian newspaper publisher transitioning to digital subscription models with similar industry headwinds.

TypeEmerging player
Description

French-language edition of HuffPost focused on Quebec and French-Canadian news. Operates a digital-first news model comparable to La Presse's online strategy but with leaner operations.

TypeDirect peer
Description

Canada's national English-language newspaper and SPUR Coalition co-member. Comparable as a major Canadian news publisher undergoing digital paywall transitions and navigating AI content licensing, though operating in the English segment.

TypeRegional player
Description

Ontario public educational media organization and SPUR Coalition co-member. While not a direct French-Quebec competitor, it shares the public-media/non-profit publishing model and faces similar structural issues as La Presse.

TypeBroad incumbent
Description

Canada's public broadcaster, a SPUR Coalition co-member with La Presse, operates Radio-Canada French-language news service directly competing in Quebec. It is a much larger incumbent across broadcast, digital, and radio.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat5 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights6 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers1 record

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment2 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile1 record

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
Yes
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature3 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles2 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

Subsidiaries1 record

Each record includes

Name, Acquired on, Relationship type, Type, Business focus

No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

La Presse

Digital News Medialapresse.ca

La Presse firmographics

Firmographics
Name
La Presse
Legal name
La Presse Inc.
Website
https://lapresse.ca
Company type
Private
Founded year
1884
Operating status
Operating
Headcount range
501–1,000 employees
Ownership category
akta.pro rank

La Presse industry classification

Industry
Product category
Digital News Media
NAICS
Newspaper Publishers (513110), Periodical Publishers (51312)
SIC
Newspapers: Publishing Or Publishing & Printing (2711)
akta.pro primary industry
Investigative & Nonprofit News Organizations (MPAJADAF)
akta.pro secondary industries
Politics, Current Affairs & Social Commentary Publishing (MPAJAAAM), News, Politics & Current Affairs Magazines (MPAJAEAO)

Keywords

  • French-language news
  • Digital news media
  • Online journalism
  • Tablet news application
  • News editorial services

Where La Presse is headquartered

Location

Headquarters

HQ city
Montréal
HQ country
Canada
HQ region
North America

Offices1 record

Markets served

La Presse business model

Business model
GTM type
B2C
Offering type
Digital Commerce or Content
Cost components
Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

  1. Reader Donations and Philanthropy: La Presse operates a philanthropic program where readers make donations to support the organization's mission of providing free quality journalism. Nearly 115,000 readers have contributed through this program, making it a primary revenue stream since transitioning to a not-for-profit model.
  2. Advertising: The organization generates revenue through advertising across its digital platforms, including the website and applications. This includes display advertising and sponsored content sections.

Pricing tiers

ModelBillingPrice
FreemiumMonthlyFree access with voluntary reader support

Go-to-market motion1 record

Distribution channels4 records

Marketing channels4 records

La Presse product offering

Product offering

Core offering

La Presse is a digital-first French-language news media organization that publishes daily general-interest news content — covering politics, business, sports, arts, and international affairs — across multiple digital platforms including its website (LaPresse.ca), the La Presse+ tablet edition, mobile applications, and email newsletters. It operates under a non-profit structure funded by voluntary reader donations and advertising, distributing original journalism produced by an in-house newsroom to more than one million daily readers.

Product overview

La Presse is a digital-first independent news media organization operating as a non-profit structure. Its product portfolio consists of three core digital platforms: the LaPresse.ca website providing free access to news content across diverse categories (national, international, sports, arts, business, society, travel, home, food), the La Presse+ tablet application offering a daily optimized digital edition for tablets, and the La Presse mobile application for smartphone access with push notifications. Additionally, the company offers email newsletter subscriptions (Infolettres) for curated content delivery. The organization reaches over 1 million daily readers with a newsroom of more than 200 journalists, making it the largest independent French-language newsroom in North America.

Differentiator

Problem solved

Functional benefit

Products and services

  • LaPresse.ca website

Quantifiable outcome

  • Reaches over 1 million readers daily
  • +1 more outcomes

Companies that use La Presse

Customer profile

Named customers1 record

Segments2 records

Ideal customer profiles1 record

La Presse technology and API

Technology

Technology focussed Yes

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature3 records

La Presse partnerships and signals

Strategic signal

Partnerships

Twelve partnerships are on record, tiered core and flagship.

  • SPUR Coalition (Standards for Publisher Usage Rights)coreStrategic or Co-development Partner · 3 June 2026La Presse joined the SPUR Coalition alongside major Canadian news organizations (CBC/Radio-Canada, Globe and Mail, Postmedia, Quebecor, Torstar, TVO Media Education Group) and international founding members (Guardian, BBC, Financial Times, Sky News, Telegraph Media Group). The coalition, launched in February 2026, aims to establish standards for transparency, accountability, and fair value exchange between AI developers and content creators to help publishers control and monetize their content usage by generative AI applications.
  • CBC/Radio-CanadacoreStrategic or Co-development Partner · 3 June 2026Canadian public broadcaster and La Presse collaborating within the SPUR Coalition to establish AI content usage standards for publishers
  • The Globe and MailcoreStrategic or Co-development Partner · 3 June 2026Major Canadian newspaper and La Presse collaborating within the SPUR Coalition to establish AI content usage standards for publishers
  • PostmediacoreStrategic or Co-development Partner · 3 June 2026Canadian newspaper chain and La Presse collaborating within the SPUR Coalition to establish AI content usage standards for publishers
  • QuebecorcoreStrategic or Co-development Partner · 3 June 2026Major Quebec media company and La Presse collaborating within the SPUR Coalition to establish AI content usage standards for publishers
  • TorstarcoreStrategic or Co-development Partner · 3 June 2026Major Canadian newspaper publisher and La Presse collaborating within the SPUR Coalition to establish AI content usage standards for publishers
  • TVO Media Education GroupcoreStrategic or Co-development Partner · 3 June 2026Ontario public media organization and La Presse collaborating within the SPUR Coalition to establish AI content usage standards for publishers
  • GuardianflagshipStrategic or Co-development Partner · 1 February 2026UK-based founding member of the SPUR Coalition, working with La Presse and other publishers to establish standards for AI content usage
  • BBCflagshipStrategic or Co-development Partner · 1 February 2026UK public broadcaster founding member of the SPUR Coalition, working with La Presse and other publishers to establish standards for AI content usage
  • Financial TimesflagshipStrategic or Co-development Partner · 1 February 2026UK-based founding member of the SPUR Coalition, working with La Presse and other publishers to establish standards for AI content usage
  • Sky NewsflagshipStrategic or Co-development Partner · 1 February 2026UK-based founding member of the SPUR Coalition, working with La Presse and other publishers to establish standards for AI content usage
  • Telegraph Media GroupflagshipStrategic or Co-development Partner · 1 February 2026UK-based founding member of the SPUR Coalition, working with La Presse and other publishers to establish standards for AI content usage

Scale indicators3 records

Recent moves4 records

La Presse competitors and assessment

Company assessment

Direct peers

  • Le Soleil: Quebec City-based French-language daily newspaper owned by Quebecor; competes with La Presse for regional Quebec francophone audiences and advertiser budgets in the same linguistic market.
  • Le Devoir: Le Devoir is a French-language Montreal daily newspaper operating as an independent non-profit since 2019, directly comparable to La Presse in audience, geography, and non-profit digital transition. It is the closest direct peer in the Quebec French-language news market.
  • Postmedia Network: Canada's largest newspaper chain, operating the National Post and many regional dailies; a SPUR Coalition co-member. Postmedia shares La Presse's digital transformation challenges across news publishing at scale in Canada.
  • Quebecor (Le Journal de Montréal): Quebecor is a Quebec media conglomerate whose flagship Journal de Montréal competes directly with La Presse for French-language readers and advertisers; a SPUR Coalition co-member. Combines newspaper operations with TVA television and Videotron telecom.
  • Torstar: Owner of the Toronto Star and other Canadian publications; a SPUR Coalition co-member. Comparable as a Canadian newspaper publisher transitioning to digital subscription models with similar industry headwinds.
  • The Globe and Mail: Canada's national English-language newspaper and SPUR Coalition co-member. Comparable as a major Canadian news publisher undergoing digital paywall transitions and navigating AI content licensing, though operating in the English segment.

Emerging players

  • Nuvo Media: Quebec-based independent digital news startup covering local Quebec news in French. Represents the emerging cohort of digital-native French-language news outlets competing for the same audience as La Presse.
  • HuffPost Québec: French-language edition of HuffPost focused on Quebec and French-Canadian news. Operates a digital-first news model comparable to La Presse's online strategy but with leaner operations.

Regional players

  • TVO Media Education Group: Ontario public educational media organization and SPUR Coalition co-member. While not a direct French-Quebec competitor, it shares the public-media/non-profit publishing model and faces similar structural issues as La Presse.

Broad incumbents

  • CBC/Radio-Canada: Canada's public broadcaster, a SPUR Coalition co-member with La Presse, operates Radio-Canada French-language news service directly competing in Quebec. It is a much larger incumbent across broadcast, digital, and radio.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

La Presse social profiles

Digital presence

La Presse financial estimates

Financial estimate

Revenue estimate

Valuation estimate

La Presse leadership team

Management profile

Number of profiles

Profiles2 records

La Presse subsidiaries and ownership

Company hierarchy

Subsidiaries1 record

La Presse funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

La Presse M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about La Presse

What does La Presse do?

La Presse is a digital-first French-language news media organization that publishes daily general-interest news content — covering politics, business, sports, arts, and international affairs — across multiple digital platforms including its website (LaPresse.ca), the La Presse+ tablet edition, mobile applications, and email newsletters. It operates under a non-profit structure funded by voluntary reader donations and advertising, distributing original journalism produced by an in-house newsroom to more than one million daily readers.

Is La Presse a public or private company?

La Presse is a private company. It is classified as nonprofit foundation owned and is currently operating.

When was La Presse founded?

La Presse was founded in 1884. It employs 501 to 1,000 people.

Where is La Presse based?

La Presse is headquartered in Montréal, Canada, in the North America region.

How does La Presse make money?

Two revenue lines are on record. Reader Donations and Philanthropy is the primary driver. The others are advertising.

Who are La Presse's main competitors?

Direct peers on record are Le Soleil, Le Devoir, Postmedia Network, Quebecor (Le Journal de Montréal), Torstar and The Globe and Mail. Emerging players are Nuvo Media and HuffPost Québec. TVO Media Education Group is listed as a regional player. CBC/Radio-Canada is listed as a broad incumbent.

Does La Presse have an API?

No public API is recorded for La Presse.

What industry is La Presse in?

La Presse's product category is Digital News Media. Its primary akta.pro industry code is MPAJADAF, Investigative & Nonprofit News Organizations, with a secondary code of MPAJAAAM, Politics, Current Affairs & Social Commentary Publishing. Its NAICS code is 513110 and its SIC code is 2711.

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Live signals
GlobeNewswireLa FPJQ dénonce les menaces de mort envers le journaliste Ibrahima Sory BarryThe Fédération professionnelle des journalistes du Québec (FPJQ) has denounced the death threats received by African journalist Ibrahima Sory Barry, who assisted La Presse journalist Isabelle Hachey in an investigation that traced Raphiou Sow, the alleged murderer of Quebec woman Rachelle Wrathmall found dead in 2007. Following the investigation, which led to Sow's arrest and indictment by Guinean justice, Barry has been forced to flee his country and hide his family after receiving multiple death threats. The FPJQ is highlighting the essential role played by local fixers who assist foreign journalists conducting investigations abroad.CBCNearly 20 years after her murder in Quebec, an arrest in Guinea gives her loved ones hope | CBC NewsRafiou Sow, the husband of Rachelle Wrathmall who was stabbed to death in her Lennoxville home in Sherbrooke, Quebec in June 2007, has been arrested in Guinea and is facing murder charges in that West African nation nearly 20 years after the killing. Sow, who fled Canada the day before his wife's body was found and later became a political figure in Guinea as an opposition party leader, was interviewed by La Presse journalists who travelled to the country before his arrest; he denied ever being married to a woman named Rachelle. Legal experts say the road to justice could be lengthy given Guinea's civil law tradition of trying its own citizens abroad and the challenges of prosecuting a crime with evidence dating back nearly two decades.NewswireA BOUNTIFUL PROGRAM AT THE JARDIN BOTANIQUE THIS SUMMER!Espace pour la vie at Jardin botanique in Montreal will host The Arts Put On a Show from July 5 to August 23, featuring Sunday concerts and new MiniSaturdays children's shows. The program also includes Brazen Blooms, a flower-focused pathway, with tickets including access to all activities.Financial PostLeading Canadian News Organizations Join SPUR's Global Coalition to Shape the Future of AI and JournalismSeven major Canadian news organizations—CBC/Radio-Canada, The Globe and Mail, La Presse, Postmedia, Quebecor, Torstar, and TVO Media Education Group—announced they will join the SPUR (Standards for Publisher Usage Rights) Coalition, an international alliance launched in February 2026 by the Guardian, BBC, Financial Times, Sky News, and Telegraph Media Group. The coalition aims to establish standards, frameworks, and technologies that enable publishers to protect, license, and monetize their intellectual property in the generative AI ecosystem. The announcement was made at the World News Media Congress, where Canadian publishers committed to contributing their perspective to global policies governing the relationship between AI and news media.The Canadian Press NewsLeading Canadian News Organizations Join SPUR’s Global Coalition to Shape the Future of AI and JournalismCBC/Radio-Canada, The Globe and Mail, La Presse, Postmedia, Quebecor, Torstar, and TVO Media Education Group announced they will join the SPUR Coalition, an international alliance of news publishers. The coalition aims to set standards for fair compensation and transparency for publishers' content used by generative AI. Canada's perspective will be included in global standards and policies.Business Wire BlogLeading Canadian News Organizations Join SPUR’s Global Coalition to Shape the Future of AI and JournalismCBC/Radio-Canada, The Globe and Mail, La Presse, Postmedia, Quebecor, Torstar, and TVO Media Education Group announced they will join the SPUR Coalition, an international alliance of news publishers. The coalition aims to set standards for fair compensation and transparency in AI content use. The announcement was made at the World News Media Congress in Marseille.NewswireNational Newspaper Awards announce 2025 winnersThe National Newspaper Awards announced 27 winners at a Toronto gala, with The Globe and Mail leading with eight wins. Carrie Tait won Journalist of the Year for her Alberta health care coverage, and the Canadian Press took Project of the Year for its Ring of Fire series.NewswireLa Presse sues OpenAI for copyright infringementLa Presse, a French-language digital news media outlet in Canada, has filed a lawsuit against OpenAI in Québec Superior Court for copyright infringement, alleging that OpenAI used thousands of its articles to train ChatGPT without consent or payment. The lawsuit seeks acknowledgement and compensation for the unauthorized use of La Presse's copyrighted content. The legal action aligns with similar suits filed by a coalition of Canadian media organizations, including CBC/Radio-Canada and the Globe and Mail, which filed their own lawsuit in Ontario Superior Court in November 2024.PR NewswireLa Presse announces intention to adopt a not for profit structure - Power Corporation will no longer own La PresseOn May 8, 2018, La Presse's President Pierre-Elliott Levasseur announced the media outlet's intention to adopt a not-for-profit structure, with Power Corporation providing a $50 million contribution and thereafter relinquishing all ownership. The structural change requires repeal of a 1967 Private Act provision, and under the new model, all operational profits, government assistance, and donor funds will be directed entirely toward supporting quality journalism, with a social trust to be established. La Presse is urging the federal government to provide additional financial support for the written press amid a landscape where Facebook and Google monopolize nearly 80% of Canada's digital advertising revenue.GlobeNewswireToronto Star to Launch Digital Tablet Edition Based on the La Presse+ Platform TechnologyThe Toronto Star and La Presse announced an agreement in principle to develop a new tablet edition for the Toronto Star, based on La Presse+ technology. The edition is expected to launch in fall 2015, and the companies will share the technology and offer joint marketing opportunities to national advertisers.