After two years of reports and stuffy consultations, the slow-moving train-wreck that's been the "news bailout" has made its way into the proposed 2018-19 federal budget.

The budget dedicates $50 million dollars over five years to "supporting local journalism," but who's eligible for funding? Though crucial details are pending, PostMedia Network's CEO Paul Godfrey and former Globe and Mail EIC Ed Greenspon are not happy—so maybe this isn't such a bad thing after all!

Jesse speaks with entrepreneurs running innovative, independent digital media startups across the country to gauge their reactions, and to see if any of them will be vying for a piece of the government-made pie.

Maureen Googoo of Ku'Ku'Kwes News (Atlantic Canada), Tim Bousquet of The Halifax Examiner (Halifax), Erin Millar of Discourse Media (Vancouver), Jeremy Klaszus of The Sprawl (Calgary), and James Baxter of iPolitics (Ottawa) join Jesse.

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