Category : Post Media

Written on Jan, 26, 2016 by in | Leave a comment

Source: nowtoronto.com BY ROSS HOWARD JANUARY 23, 2016 Most of the money drained by Postmedia from its newspapers went to its offshore debt-holders. Time to declare the news media a national strategic industry with tighter controls imposed against monopoly ownership. Torontonians probably don’t feel it the way those of us in affected cities do – Postmedia’s latest job-killing, democracy-sapping manoeuvre was all too …

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Written on Dec, 09, 2015 by in | Leave a comment

Source:theglobeandmail.com   Standard & Poor’s has downgraded Postmedia Network Inc.’s credit rating to the same grade assigned to ailing Greece, warning that the newspaper company could struggle to refinance its high-interest debt and calling its capital structure “unsustainable.” Read entire post here

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Written on Nov, 24, 2015 by in | Leave a comment

Source: nationalobserver.com “I’m not going to lose my job over a fart joke,” Dan Murphy recalls Wayne Moriarty, editor-in-chief of The Province newspaper, saying. It was the morning of Friday, June 22, 2012. Murphy, The Province’s long-time staff cartoonist, was meeting with Moriarty in the editor’s office on the fifth floor of the paper’s headquarters on Granville Street in downtown Vancouver. The discussion between …

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Written on Aug, 25, 2015 by in | Leave a comment

Source:theglobeandmail.com When Postmedia Network Canada Corp. sealed its $316-million purchase of the bulk of the Sun newspaper chain in April, its chief executive officer cast the deal as a necessary step to scale up and compete in the ever-more-crowded market for digital news. Analysts too hailed the acquisition as a smart move that bought Postmedia breathing room as it tries …

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Written on Apr, 16, 2015 by in , | Leave a comment

Source: business.financialpost.com Postmedia Network Canada Corp. is aiming to complete its integration with Sun Media in six to nine months, the company’s chief executive Paul Godfrey said Tuesday, a day after the Sun takeover was completed.  Read entire story here

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Written on Oct, 06, 2014 by in , , | Leave a comment

Source: jpress.journalism.ryerson.ca   Associate Editor Tamara Baluja has obtained memos sent by Postmedia Network and Sun Media to their respective employees. CEO Paul Godfrey notes that Postmedia Network has agreed to buy 175 English language publications from Sun Media.  Today we announced perhaps the biggest news in the Canadian news media industry since the day Postmedia was formed. Our company has entered …

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Written on Jul, 23, 2014 by in , , , | Leave a comment

Local 2000 members who work for PNG at Kennedy Heights have voted 135 to 47 in favour of accepting Postmedia’s latest offer for severance and other matters related to the closure of the printing plant. There was one spoiled ballot. About 74 percent of the members who cast ballots voted yes to the closure agreement that includes a severance package …

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Written on Jul, 23, 2014 by in , , , | Leave a comment

Following discussions this week between Unifor National President Jerry Dias and Postmedia President Paul Godfrey, a new tentative closure agreement has been reached concerning the Kennedy Heights printing plant. An additional $1.5 million has been negotiated to bring the total severance package to $17.5 million. The Kennedy Heights bargaining committee has also met to adjust the distribution of the severance …

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Written on Feb, 11, 2014 by in | Leave a comment

The more investigative reporters sacked, the less incentive the rest have to probe. Source : By Sean Holman, Yesterday, TheTyee.ca Postmedia’s decision to torch its parliamentary bureau last week will inevitably compromise the newspaper chain’s ability to produce investigative public affairs reporting. There will be fewer hands to file access to information requests, fewer eyes to read public records and fewer minds to …

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Written on Nov, 26, 2013 by in , , , | Leave a comment

Source: thetyee.ca Talks between the company that publishes the Vancouver Sun and Province and the union that represents their workers broke down after two days of negotiations earlier this month over contracting out of the printing of both newspapers. That increases the likelihood of a labour dispute in a year’s time over Pacific Newspaper Group’s plan to have outside companies handle …

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