Two competitors have reported that Montreal newspaper La Presse has invested $5 million and earmarked another $25 million to transition to a digital format in the near future, despite a standing 15-year contract with Transcontinental to print the newspaper. Plans could include reducing the print edition of the newspaper to 75,000 from its current 200,000 copies daily and offering free iPads or other digital devices for those who sign up for a three-year subscription to the e-version.
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