Description: The publisher of the Toronto Star is calling on Canadian companies to dedicate at least 20 per cent of their advertising budgets to local media. Jordan Bitove made the request Thursday at a Canadian Club luncheon in Toronto, where he said convincing local companies to dedicate their ad spending within Canada is crucial because tech giants who link to articles published by his papers and others are “basically stealing the great work that our team does.”
Source: BNNBloomberg.ca – video report
Date: Mar 31, 2023
Questions for discussion:
- Summarize the situation in the industry and the suggestions being made to help sustain local media.
- Do you think advertisers will comply with any of these suggestions?
- What would you advise?