Category : Canwest

Written on Jul, 21, 2011 by in , | Leave a comment

Source: bnn.ca While Postmedia’s daily newspaper business continues to face strong headwinds from free dailies and growing online migration, its assets and mix of shareholders make it a potential takeover target, according to a report by RBC Capital Markets. “Although the timing and/or likelihood of a potential transaction are highly uncertain, we believe investors could realize a takeout premium,” analyst Drew …

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Source: albertadiary.ca – By David J. Climenhaga This post also appears on rabble.ca. “The Press” … back in the day when the Edmonton Journal was a great newspaper. Below: soon-to-be Journal managing editor Stephanie Coombs, former Journal publisher Linda Hughes, Colonist founder Amor de Cosmos. Just when it didn’t seem like another drop of blood was left to squeeze from its …

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Written on Nov, 15, 2010 by in , , | Leave a comment

Source: cwa-scacanada.ca Postmedia Network, having just slashed scores of jobs in editorial and advertising departments across the former Canwest chain, is now turning its sights on the newspapers’ business offices. The new company’s owners plan to begin centralizing the finance departments’ functions in Toronto and Winnipeg by the end of January. Staff reductions will be accomplished through buyouts and layoffs. …

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