Tag / Postmedia

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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
Government prolongs the agony for newspapers … just a bit

“We have reached the point where nurturing the green shoots is a better bet that propping up the gigantic, creaking, tottering timbers.” Continue Reading Government prolongs the agony for newspapers … just a bit
As local media outlets close, Ontario mayors struggle with how to get information to the public

In some communities, internet access is so limited municipalities can’t rely on social media as a replacement for news. Continue Reading As local media outlets close, Ontario mayors struggle with how to get information to the public
Postmedia Network Canada reports $5.8M Q1 profit, revenue down from year ago

Print advertising revenue fell 17.9 per cent and print circulation revenue dropped 6.1 per cent. Continue Reading Postmedia Network Canada reports $5.8M Q1 profit, revenue down from year ago
Instead of mourning local news, try paying for it

Canadians often mourn the loss of their local newspaper. But there’s a disconnect, because few Canadians actually pay for a local news subscription. Continue Reading Instead of mourning local news, try paying for it
Saying goodbye to Northumberland Today

Northumberland Today was among the papers sold to Torstar by Postmedia and immediately shuttered. Continue Reading Saying goodbye to Northumberland Today
Here are some of the 290 staff laid off today by Torstar and Postmedia

Torstar and Postmedia announced a deal to swap 41 total newspapers today. Continue Reading Here are some of the 290 staff laid off today by Torstar and Postmedia
Torstar and Postmedia swapped 41 newspapers and are closing most of them

290 employees will lose jobs because of the closure of newspapers announced today by Torstar and Postmedia. Continue Reading Torstar and Postmedia swapped 41 newspapers and are closing most of them
Media on the Move: October 25

Here’s our regular update on the moves, hires and promotions in Canadian journalism. Continue Reading Media on the Move: October 25
Postmedia providing $40M of advertising to Indochino for cut of revenue

It is not the first time Postmedia has exchanged advertising with a company for a cut of its future revenue. Continue Reading Postmedia providing $40M of advertising to Indochino for cut of revenue