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Postmedia

Memo: Regina Leader-Post mailroom facilities to close, inserting operations to cease
5 years ago

Memo: Regina Leader-Post mailroom facilities to close, inserting operations to cease

By  •  News, Memos
The following memo was sent to Regina Leader-Post staff on Nov. 22, 2016. Effective January 14, 2017, inserting operations at the Regina Leader-Post will cease and the mailroom facilities will be closed. Postmedia representatives communicated this organizational change to mailroom…
Fort McMurray Today reducing print schedule
5 years ago

Fort McMurray Today reducing print schedule

By  •  Business
By H.G. Watson, Associate Editor Even after evacuating Fort McMurray, Alberta as it burned around them, the reporters at Fort McMurray Today got the print edition of the paper finished. It was delivered to shelters where citizens took refuge in…
Postmedia plans to cut salary expenses, reports $99.4M loss last quarter
5 years ago

Postmedia plans to cut salary expenses, reports $99.4M loss last quarter

By  •  News
By The Canadian Press Postmedia said Thursday it plans to reduce its salary costs by 20 per cent through voluntary staff buyouts, adding that layoffs are possible if its target isn’t met, as the media company announced its net loss…
Postmedia announces plan to reduce $648 million debt
5 years ago

Postmedia announces plan to reduce $648 million debt

By  •  News, Business

On July 7, the media company released its 2016 third quarter results and details of a proposed recapitalization transaction.
Continue Reading Postmedia announces plan to reduce $648 million debt

Memo: Postmedia announces plan to reduce debt
5 years ago

Memo: Postmedia announces plan to reduce debt

By  •  News, Memos
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 fiscal year – March 2016 to May 2016.…
Memo: Postmedia exec calls for big projects, affirms commitment to great journalism
6 years ago

Memo: Postmedia exec calls for big projects, affirms commitment to great journalism

By  •  News, Memos
  Hello everyone. Two weeks ago, shortly after the difficult announcement that 90 of our valuable colleagues were leaving our newsrooms, I challenged our editors to help deliver the message that ambitious journalism still matters very much to Postmedia. They…
12 buy-outs confirmed at the Ottawa Citizen
6 years ago

12 buy-outs confirmed at the Ottawa Citizen

By  •  News
By H.G. Watson, Associate Editor Twelve people have taken buy-outs at the Ottawa Citizen, a Postmedia spokesperson confirmed. Georgia Sourtzis, a communications manager at Postmedia, said she cannot name who in the newsroom has taken a buy-out. A list circulated
Blame Canadian media woes on owners, managers, regulators—not the “failed business model”
6 years ago

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 $41 million on the Toronto Stock Exchange. That’s…
Postmedia’s promises prove practically worthless
6 years ago

Postmedia’s promises prove practically worthless

By  •  Commentary
By Marc Edge And so the Great Canadian Newspaper Roll-up has begun. This was predictable once the Competition Bureau rubber-stamped Postmedia Network’s $316-million takeover of Sun Media last year. As a result, Postmedia now publishes 37.4 per cent of Canadian…
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