I would reiterate that these agreements are confidential. However, the reason we made the effort of signing them is that it was important. It has enabled us to take a significant step forward in our digital transformation.
Le Devoir's model is unique. We base our operation on subscriptions, which represent two thirds of our revenue. We have a strategy that seeks to diversify revenue and we have at all times exercised prudent management. When it comes to financial management, our organization wields an iron fist in an iron glove. All of these things must be considered as a whole. The subscription-based model, even for the digital version, the business agreements, tax credits, and prudent management are all factors that have made it possible for us to increase the number of journalists in the newsroom from 50 to 100 in barely four years.
The agreements with companies like Meta, Google and Apple News+ enable us to establish good relations, understand each other better, and discuss the exemplary practices to be adopted. That is invaluable.