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Discourse Community Publishing to expand its impact on local news ecosystem with purchase of Revelstoke Mountaineer Magazine and revelstokemountaineer.com.
Discourse Media, a digital news media company founded on the traditional territories of the xʷməθkʷəy̓əm, Skwxwú7mesh and səl̓ilwətaɁɬ / sel̓íl̓witulh peoples, has reached an agreement to acquire Sun Peaks Independent News Inc. Local news publisher
Deals made under the news innovation test program were also reached with the Coast, the Narwhal, Village Media, the SaltWire Network, the Sprawl, Discourse Media, Narcity, BlogTO and Daily Hive. Facebook would not disclose the value or structure of the deals, and would not say if other publishers were approached for the project. It says the program will be multi-year in scope and does not include payments for news links already posted on Facebook by publishers. Industry watchers say the deal brings cash to media companies hurting for advertising, but believe the arrangement should be viewed a...
'We recognize that Facebook has a role to play in supporting journalism, and this test will allow us to partner even more closely with publishers'
American technology giant Facebook Inc. will be doling out some funds to 14 Canadian news publishers...