Category / Business
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Kamloops This Week increases publishing frequency after competitor announces closure
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… -
Why sustaining an advertising-driven business model is difficult for community newspapers
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… -
Sun Media sells 74 Quebec weeklies for $75 million to TC Transcontinental
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… -
Black Press shuts down Abbotsford/Mission Times
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. … -
Diversity of media ownership literally non-existent in Canada
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… -
Postmedia Network outsources printing of Vancouver Sun and The Province
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.… -
Calgary Herald ends in-house print production, marks “end of an era”
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… -
Torstar reports $70.8-million loss in third quarter
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.… -
Postmedia reports loss of nearly $36 million in fourth quarter
Postmedia Network reported a loss of nearly $36 million in the last quarter, roughly $7 million less than it made during the same period the previous year. The media company says it doesn't expect any improvements next year. … -
Black Press and Glacier Media swap six newspaper titles
After Black Press bought two publications from and sold four others to Glacier Media, five more B.C. newspapers now have competitors owned by the same company, raising speculation about mergers and closures.…
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