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Posts By Canadian Press

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Trump insider David Pecker leaving Postmedia board of directors
2 months ago

Trump insider David Pecker leaving Postmedia board of directors

The CEO of American Media Inc., publisher of the tabloid National Enquirer, was reported last week to have been granted immunity by U.S. federal prosecutors.
Read More Continue Reading Trump insider David Pecker leaving Postmedia board of directors

Torstar cutting 11 full-time, 10 part-time staff at StarMetro in Toronto
4 months ago

Torstar cutting 11 full-time, 10 part-time staff at StarMetro in Toronto

Torstar Corp. will lay off 21 staff at its StarMetro office in Toronto as part of a shift of production operations to nearby Hamilton.

The cuts include nine… Continue Reading Torstar cutting 11 full-time, 10 part-time staff at StarMetro in Toronto

Postmedia to close more local newspapers, cut staff cost by 10 per cent
4 months ago

Postmedia to close more local newspapers, cut staff cost by 10 per cent

Postmedia Network Inc. will close six small town newspapers and cease print publication of four more, as well cut about 10 per cent of its workforce across the newspaper chain.
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La Presse to go not-for-profit, if Quebec repeals provision of act
5 months ago

La Presse to go not-for-profit, if Quebec repeals provision of act

Under the new structure, La Presse will use operational profits, any government assistance and donor funds to serve its goal of producing high-quality reporting.
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Torstar plans further transformation amid tough print advertising market: CEO
5 months ago

Torstar plans further transformation amid tough print advertising market: CEO

Revenue for the quarter totalled nearly $129 million, down from $138.7 million a year ago, although direct comparisons year-over-year were complicated by a number of factors.
Read More Continue Reading Torstar plans further transformation amid tough print advertising market: CEO

Postmedia Q2 loss falls as cost-cutting, tax credit offset lower revenue
6 months ago

Postmedia Q2 loss falls as cost-cutting, tax credit offset lower revenue

Postmedia executive chairman Paul Godfrey said in a statement that the revenue declines from its legacy business had slowed and there were “positive signs” from its digital advertising initiatives.
Read More Continue Reading Postmedia Q2 loss falls as cost-cutting, tax credit offset lower revenue