AP looks to new revenue streams

The Associated Press is lowering membership fees, as its media members face a serious cash crunch in the U.S., but trying to make deals with key Internet suppliers (Googol, AOL, Yahoo and Microsoft). Canadian Press is facing the same crunch, particularly since CanWest dropped out a while ago. CP is looking at a new business model, but so far hasn’t announced anything.

Canoe/AP, June 17 2009

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