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Postmedia reports $20.1-million quarterly loss, revenue down 13% from year ago
Postmedia signage is pictured at the head office in Toronto, on Wednesday, June 28, 2023. THE CANADIAN PRESS/Andrew Lahodynskyj
report on business
Postmedia restructures debt to repay long-time lender Canso
Postmedia signage is pictured at the head office in Toronto, on Wednesday, June 28, 2023. Postmedia Network Canada Corp. and Nordstar Capital LP, the company that owns the Toronto Star, say they have terminated discussions about a potential merger, saying they were unable to come to an agreement. THE CANADIAN PRESS/Andrew Lahodynskyj
report on business
Ex-Shopify executives buy majority stake in tech industry news site BetaKit
Wife-and-husband duo Arati Sharma (left) and Satish Kanwar, that run Good Future, a philanthropic foundation and venture fund, which will become the new majority shareholder of tech industry publication BetaKit. Courtesy of Good Fortune
report on business
Postmedia and Toronto Star owner Nordstar talks broke down over debt swap, sources say
Postmedia signage is pictured at the head office in Toronto, on Wednesday, June 28, 2023. Postmedia Network Canada Corp. and Nordstar Capital LP, the company that owns the Toronto Star, say they have terminated discussions about a potential merger, saying they were unable to come to an agreement. THE CANADIAN PRESS/Andrew Lahodynskyj
morning update newsletter
Morning Update: Postmedia, Toronto Star owner Nordstar end merger talks
Postmedia signage is pictured at the head office in Toronto, on Wednesday, June 28, 2023. Postmedia Network Canada Corp. and Nordstar Capital LP, the company that owns the Toronto Star, say they have terminated discussions about a potential merger, saying they were unable to come to an agreement. THE CANADIAN PRESS/Andrew Lahodynskyj
canada
Evening Update: Postmedia and Toronto Star parent company end merger talks
Postmedia signage is pictured at the head office in Toronto, on Wednesday, June 28, 2023.
report on business
Postmedia, Toronto Star owner Nordstar end talks to merge after failing to agree on terms
Postmedia signage is pictured at the head office in Toronto, on Wednesday, June 28, 2023. Postmedia Network Canada Corp. and Nordstar Capital LP, the company that owns the Toronto Star, say they have terminated discussions about a potential merger, saying they were unable to come to an agreement. THE CANADIAN PRESS/Andrew Lahodynskyj
opinion
Does Canada need a new Kent Commission on newspapers?
John Lorinc
opinion
Nordstar-Postmedia merger could define legacy of Competition Bureau’s Matthew Boswell
Keldon Bester
report on business
Take The Globe’s business and investing news quiz
A customer loads her groceries at a Metro store in Ste-Therese, Que., north of Montreal, Monday, April 15, 2019. Canada's competition watchdog is calling for changes to a common real estate practice used by grocers to limit competition. THE CANADIAN PRESS/Ryan Remiorz
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Postmedia announced merger talks after stock price spike
Postmedia signage is pictured at the head office in Toronto, on Wednesday, June 28, 2023. Postmedia and Torstar have announced a merger between the two companies. THE CANADIAN PRESS/Andrew Lahodynskyj
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Why the merger of Toronto Star owner and Postmedia may not fix the companies’ financial issues
Copies of the Toronto Star and National Post newspapers are photographed on June 28, 2023. (Fred Lum/The Globe and Mail)
morning update newsletter
Morning Update: Toronto Star owner Nordstar, Postmedia in talks to merge
canada
Evening Update: Canada’s inflation rate falls to 3.4% but BoC still poised to hike interest rates
Statistics Canada is set to release its inflation reading for May this morning. A person leaves a Toronto supermarket with groceries on Wednesday, Oct. 5, 2022.THE CANADIAN PRESS/Alex Lupul
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Toronto Star owner Nordstar, Postmedia in talks to merge
The new offices of the Toronto Star on Spadina Avenue in downtown Toronto. The large development called The Well at the corner of Front Street and Spadina includes other corporate offices and residential units. December 21, 2022 (Melissa Tait/The Globe and Mail) Exteriors of 365 Bloor St East head office for Postmedia Networks, is photographed on March 12 2018. Investigators with the Competition Bureau arrived at the media company while looking into the recent newspaper swap between the Toronto Star and Postmedia, which left a number of papers in Ontario shuttered.(Fred
canada
Evening Update: What caused the Titan to implode? Right now, it’s not even clear who will lead the investigation
FILE PHOTO: The Titan submersible, operated by OceanGate Expeditions to explore the wreckage of the sunken SS Titanic off the coast of Newfoundland, dives in an undated photograph. OceanGate Expeditions/Handout via REUTERS/File Photo
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Jamie Irving steps down as Postmedia executive chair
Exteriors of 365 Bloor St East head office for Postmedia Networks, is photographed on March 12 2018. Investigators with the Competition Bureau arrived at the media company while looking into the recent newspaper swap between the Toronto Star and Postmedia, which left a number of papers in Ontario shuttered.(Fred Lum/The Globe and Mail)
opinion
Postmedia is in a crash dive – Ottawa should let it decline
Marc Edge
british columbia
Postmedia shutters Vancouver newsrooms and sends journalists to work from home
report on business
Postmedia cuts more than 75 printing, inserting jobs in Windsor
A security guard stands by the front reception desk at Postmedia's Toronto headquarters on Monday, March 12, 2018. Unifor says Postmedia has cut more than 75 jobs at the Windsor Star by outsourcing printing. The union says printing is being transferred to a Toronto printer, and the papers will then be shipped back to Windsor for distribution.THE CANADIAN PRESS/Chris Young
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Postmedia shuffles editors day after announcing 11 per cent of staff to be laid off
A security guard stands by the front reception desk at Postmedia's Toronto headquarters on March 12, 2018. THE CANADIAN PRESS/Chris Young
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Postmedia to lay off 11 per cent of editorial staff amid rising costs, declining advertising
A security guard stands by the front reception desk at Postmedia's Toronto headquarters on Monday, March 12, 2018. Sources say newspaper publisher Postmedia Network Corp. is laying off 11 per cent of its editorial staff. Postmedia announced the layoffs at a town hall this afternoon.THE CANADIAN PRESS/Chris Young
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Postmedia announces layoffs, will move 12 Alberta newspapers online
A security guard stands by the front reception desk at Postmedia's Toronto headquarters on Monday, March 12, 2018. Postmedia Network Canada Corp. says it lost nearly $5.1 million in the second quarter as its revenue dropped 7.5 per cent compared with last year as a result of shifting advertising and circulation patterns.THE CANADIAN PRESS/Chris Young
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End to Monday print edition of nine papers by Postmedia an ‘important moment’: expert
canada
Postmedia to end Monday print edition of nine urban daily newspapers
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Jamie Irving named executive chairman of Postmedia, Paul Godfrey to step down
opinion
Passport delays, customs chaos, lost baggage all wreaking havoc on travel industry
Rita Trichur
Rita Trichur
report on business
Irving family exits media business with sale of Brunswick News to Postmedia
opinion
Solidarity for never: News publishers’ united front against Big Tech has collapsed
Andrew Coyne
Andrew Coyne
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Postmedia pushes for federal, industry-wide legislation on payment for content by tech companies
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Postmedia swings to $700,000 second-quarter profit despite 21 per cent drop in revenues
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Competition Bureau ends investigation into Postmedia, Torstar newspaper closures
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Postmedia revenue decline continues but Q4 shows a profit helped by wage subsidies
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National Post’s Toronto newsroom staff votes to unionize
canada
Coronavirus Update: Pandemic will reshape how Canadian children experience school in the fall
report on business
Postmedia quarterly revenue dropped more than 25 per cent amid COVID-19 advertising pullback