Postmedia to exit wire service business, strikes new deal with The Canadian Press



Postmedia will exit the wire service business and sign back up with The Canadian Press in an attempt to save money and “refocus” the news organization’s efforts.

Postmedia left CP—then collectively owned by members—in 2007 to launch Postmedia News, which provided breaking news to the daily newspapers in the chain that include the National Post, the Vancouver Sun and The Ottawa Citizen. In this new deal, 25 of 58 jobs at Postmedia News will be cut, according to The Globe and Mail media reporter Steve Ladurantaye’s report.

Read the full story from The Globe here. An internal Postmedia memo with more information can be found here

Comment Policy

J-Source invites comments on any content items or on any other topics relevant to journalism. Those posting comments are expected to adhere to standards of accuracy and fairness that would be recognized by those who practise, teach or study journalism.

  • Comments are restricted to registered users. You must register with your full first and last name in order to be eligible to comment.
  • Please communicate as effectively and intelligently as you would in a professional or academic forum, focusing on the issues at hand rather than the characters or characteristics of those involved.
  • This forum is intended for discussion of the craft of journalism, not of the issues of the day that journalists cover; please do not post story tips or press releases.
  • We moderate the forum for adherence to these standards of discourse, and reserve the right to decline any comment or restrict any user from commenting without giving reasons. Every effort is made to approve valid comments within 24 hours of submission.