The Canadian Competition Bureau has given the green light for Postmedia to buy 173 newspapers from Sun Media publications. This will make Postmedia the largest newspaper conglomerate in Canada. The decision by the Competition Bureau was seen by industry watchers as recognition of how rapidly and significantly the media industry has evolved in the last two decades. If this … [Read more...] about The Canadian Newspaper Industry is Consolidating
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Postmedia Sees a Silver Lining with Digital
Postmedia is chiefly responsible for the vast majority of newspapers in Canada. The company publishers the National Post, Vancouver Sun, Calgary Herald, Ottawa Citizen and a bunch of others. The media company has reported that it had lost $10.3-million in the most recent quarter, which is a slight drop from the $11.8 million dollar loss the same time last year. Overall … [Read more...] about Postmedia Sees a Silver Lining with Digital