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Posts By Canadian Press

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Postmedia CEO sees growth in digital revenue as early signs of recovery from pandemic
3 months ago

Postmedia CEO sees growth in digital revenue as early signs of recovery from pandemic

The CEO of Postmedia Network Canada Corp. said Thursday that he's hopeful that growth in revenue from the publisher's digital products is a sign of a recovery from the worst impact of the pandemic.
Slipshod practices might mean gaps in Canada’s COVID-19 record, info watchdog says
3 months ago

Slipshod practices might mean gaps in Canada’s COVID-19 record, info watchdog says

By  •  News
In the course of investigating complaints, information commissioner Caroline Maynard noticed vulnerabilities to Canada's access regime, some a direct result of the pandemic and others that have simply been worsened by COVID-19
Bell Media lays off 210 Toronto-area employees, half from newsroom, says union
8 months ago

Bell Media lays off 210 Toronto-area employees, half from newsroom, says union

By  •  News
'These cuts go against the assurances made by the broadcasters last summer to the CRTC to stand by local news'
Rogers Media cancels local Breakfast Television shows in Calgary and Vancouver
10 months ago

Rogers Media cancels local Breakfast Television shows in Calgary and Vancouver

It's time for the government to take off the mask that disguises and robs us of our public right to know. Trustworthy and revitalized government requires effective access and more public scrutiny.
Postmedia revenue down more than 25% amid COVID-19 advertising pullback
1 year ago

Postmedia revenue down more than 25% amid COVID-19 advertising pullback

The owner of Canada's largest newspaper chain saw its most recent quarterly revenue slashed by a quarter as advertising revenue decline accelerated amid the COVID-19 pandemic, but said it would stop a pay reduction program one month early thanks to government aid.
Torstar reports $23.5-million loss as Q1 revenue falls in wake of COVID-19
1 year ago

Torstar reports $23.5-million loss as Q1 revenue falls in wake of COVID-19

Torstar Corp. lost $23.5 million in the first quarter as revenue dropped 20 per cent from the same time last year amid a decline in advertising and flyer distribution, the print and digital publisher said Wednesday.
Pandemic-related supports coming for media and journalism, Trudeau says
2 years ago

Pandemic-related supports coming for media and journalism, Trudeau says

By  •  News
The federal government is planning to provide financial support to media organizations to keep journalists working and reporting on the COVID-19 crisis.
Employee takeover of insolvent Groupe Capitales Médias at risk of collapse
2 years ago

Employee takeover of insolvent Groupe Capitales Médias at risk of collapse

By  •  News
Employee efforts to take over an insolvent Quebec newspaper group are at risk of falling apart despite support from the Quebec government.
Torstar suspends dividend until at least late 2020, stock plunges
2 years ago

Torstar suspends dividend until at least late 2020, stock plunges

By David Paddon, The Canadian Press Shares in Torstar Corp. plunged after the company reported a larger-than-expected loss and suspended its quarterly dividend, setting in motion a mechanism that could shift the balance of power among the company’s shareholders. The…
Torstar reports Q2 loss as revenue drops and restructuring costs rise
2 years ago

Torstar reports Q2 loss as revenue drops and restructuring costs rise

By  •  News
Torstar Corp. says it had a $17.4 million loss attributable to equity shareholders in the second quarter, as revenue dropped 11 per cent compared with the same time last year and restructuring expenses increased. The company that owns the Toronto…
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