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FP Newspapers Inc V.FP

Alternate Symbol(s):  FPNUF

FP Newspapers Inc. is a Canada-based company, which owns securities entitling it to 49% of the distributable cash flow of FP Canadian Newspapers LP (FPLP). FPLP owns and operates the Winnipeg Free Press, along with several other Manitoba based news and media publications that are available in both print and digital formats. The informative and engaging content FPLP produces has a reach throughout the province of Manitoba.


TSXV:FP - Post by User

Post by Banachequeon Apr 30, 2020 10:49am
156 Views
Post# 30971173

Hopeful, but realistic.

Hopeful, but realistic. Those of us committed to this stock, unfortunately, are living in interesting times. I think management has done a very good job of navigating these very rough waters. Things were pretty choppy before covid, now its a full on storm.

I think if we hope to realize ultimate success, Google, Facebook, etc  will have to be forced to kickback some advertising revenue through legislation. I like the chances of that happening as other countries put the squeeze on for a media service tax. In the meantime, they need to stay in the game for the next while.

I wonder how committed postmedia is to the Wlnnipeg Sun. I don't think they pull out of Winnipeg, but who knows.

Stay hopeful! (but realistic)
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