Glacier Media is merging Dawson Creek Daily News, one of its B.C. publications, into the Alaska Highway News on Feb. 3.
Postmedia Network ended its first quarter with an $11.8-million net loss, a decrease of 8.4 per cent compared to the same period the previous year.
Following the announcement that its competitor, Kamloops Daily News, is shutting down within 60 days, the publisher of Kamloops This Week says it will increase its publishing frequency
Where once a local business owner might support a community newspaper, those crucial advertising decisions are now being made in corporate offices located in larger urban centres, not locally. Innovation editor Rob Washburn reports in this three-part series on the value of community journalism.
One day after announcing 200 layoffs, Sun Media has sold 74 Quebec dailies to Transcontinental for $75 million. The deal, which is subject to approval from the Competition Bureau, was announced Thursday and will add approximately $20 million to TC Transcontinental's operating income before amortization. While the transaction is under review, Sun Media will continue publishing the weeklies and keep on the 600 staff working on the papers.
Black Press Media has shut down the Abbotsford/Mission Times, a little more than a month after purchasing the B.C. paper from Glacier Media.
The fewer the media outlets, the fewer choices Canadian journalists have in terms of full-time, part-time and freelance employment. Dwayne Winseck, CMCRP director and Carleton University journalism professor, said the content produced by journalists is being undervalued as consolidation through acquisition puts media companies in debt.
Postmedia has entered into two separate print outsourcing agreements: one with TC Transcontinental Printing for the production of the Vancouver Sun and with Black Press for the production of The Province, when its current facility closes in 2015.
As the Calgary Herald moves to a full-colour and slimmer print format on Monday, editor-in-chief Lorne Motley calls the move from in-house production the “end of an era.” The Herald’s parent company, Postmedia Network, put the newspaper’s printing facility on the market and outsourced production to TC Transcontinental Printing.
Torstar said restructuring initiatives it made earlier this year will save the company $26.8 million, but it expects print advertising revenues are likely to continue to be under pressure.