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 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
Torstar CEO John Boynton says the initiative represents a major investment in journalism for Torstar outside of its Toronto headquarters.
Read More Continue Reading Torstar hiring 20 reporters as it rebrands, revamps Metro newspapers
Operating revenue was $169.34 million in the three months ended Dec. 31, down from $188.4 million in the fourth quarter of 2016.
Read More Continue Reading Torstar reports Q4 profit as cost-cutting offsets impact of lower revenue
JOHN’S, N.L. — A Newfoundland politician is hoping to change provincial harassment laws following the acquittal of a man who hurled sexual obscenities at a female TV reporter in St.… Continue Reading Laws must change, politician says after N.L. man acquitted of FHITP slur
The 24-hour-a-day Viceland television channel launched in February 2016.
Read More Continue Reading Rogers Media cuts ties with Vice Canada, pulls Viceland channel off the air
Print advertising revenue fell 17.9 per cent and print circulation revenue dropped 6.1 per cent.
Read More Continue Reading Postmedia Network Canada reports $5.8M Q1 profit, revenue down from year ago
Vice reporter Ben Makuch is “very relieved” to hear of the leave decision.
Read More Continue Reading Canada’s top court to hear Vice Media fight RCMP demand for reporter materials
The newspaper’s website will also be shut down. The 25 employees affected by the closure were informed Wednesday.
Read More Continue Reading Saskatchewan newspaper Moose Jaw Times-Herald closing down after more than 125 years
It is not the first time Postmedia has exchanged advertising with a company for a cut of its future revenue.
Read More Continue Reading Postmedia providing $40M of advertising to Indochino for cut of revenue