Tag / Paul Godfrey
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Postmedia Q2 loss falls as cost-cutting, tax credit offset lower revenue
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. Continue Reading Postmedia Q2 loss falls as cost-cutting, tax credit offset lower revenue
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Postmedia sees Q4 profit on sale of Infomart unit
Postmedia sold its Infomart business to Meltwater News Canada Inc. for $38.3 million. Continue Reading Postmedia sees Q4 profit on sale of Infomart unit
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Memo: Postmedia announces plan to reduce debt
The following memo was sent to Postmedia staff on July 7, 2016, by CEO and President Paul Godfrey. Today we announced our Company’s financial results for the second quarter of our 2016…
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Blame Canadian media woes on owners, managers, regulators—not the “failed business model”
By Christopher Johnson Want to own Canada’s largest newspaper chain? Maybe you can. If over 5,000 former and current Postmedia journalists each invested $7,750, they could own the company’s market capitalization of…
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Memo: A Message from Paul Godfrey – Getting the Facts Straight
. Beginning on the front page of Saturday’s Toronto Star and taking up nearly the entire front page of the business section was a vicious attack on our company. This is just…
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Postmedia’s Godfrey on cuts, compensation and cufflinks
Postmedia CEO Paul Godfrey sat down with The Canadian Press for an extensive interview. Here are five things he had to say on cuts, compensation and cufflinks.
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Memo: Paul Godfrey on Postmedia cuts
Paul Godfrey outlines the cuts and changes at Postmedia.
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Memo: Quarterly Update from Paul Godfrey
Postmedia targeting another $30 million in “cost savings” by the end of fiscal 2017.