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Postmedia Network

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Stonewall Argus & Teulon Times, Winkler Times, and The Prairie Farmer, leaving Portage La Prairie as the company’s community presence in the province. For Ontario, the closures included the Kingsville Reporter, Lakeshore News (Windsor-Essex area), LaSalle Post, Napanee Guide, Paris Star, Tecumseh Shoreline Week, and Tilbury Times.
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In 2016, the company sought to restructure its compensation plans and reduce spending by as much as 20%, after reporting a net loss of $ 99.4 million, or 35 cents per diluted share, in the fourth-quarter ended Aug 31, compared with a $ 54.1 million net loss, or 19 cents per diluted share, in the same
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Postmedia News is the news branch of Postmedia Network, providing similar content to all of its subsidiary news outlets and websites. It is identified as a source on all of its subsidiary newspapers. The news agency provides news, sports, entertainment, photography, financial and feature information
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In 2016, Paul Godfrey took a $ 900,000 bonus during a time when Postmedia laid off staff company-wide. CFO Doug Lamb received $ 450,000, COO Andrew MecLeod $ 425,000, legal and general counsel Jeffrey Harr $ 300,000, and National Post president Gordon Fisher $ 200,000. Unions representing Canadian
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Postmedia closed 15 community newspapers in Manitoba and Ontario’s Windsor-Essex area as the publications were no longer financially sustainable. The publications included Manitoba’s Altona Red River Valley Echo, Carman Valley Leader, Gimli Intertake Spectator, Morden Times, Selkirk Journal,
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In 2023, Postmedia announced it would be moving a dozen of its Alberta community papers to digital-only platforms, aiming for more outsourcing deals and laying off employees. The announcement was made January 18, 2023, during an internal memo to staff that was obtained by
523:, Postmedia laid off approximately 80 employees and permanently closed 15 community publications while navigating the financial strain of COVID-19. While the company utilized government subsidies, they claim they were unable to offset the decline in revenue. 2128: 1724: 650:
The creation of the Postmedia Network effectively concentrates more than 90 percent of all Canadian dailies and weeklies in one company, a fact lamented by J-Source, a Canadian media watchdog, in a 2015 online article.
2683: 2198: 2714: 2229: 2120: 2097: 2168: 2776: 2745: 2036: 1716: 2843: 2494: 1843: 2528: 2429: 2006: 315:—which owns 35 per cent—as well as IJNR Investment Trust, Nyppex and other investors. The group completed a $ 1.1 billion transaction to acquire the chain from Canwest on July 13, 2010. 534:(BNI). As well as several New Brunswick daily and weekly newspapers and "digital properties", BNI's assets included a parcel delivery business and "proprietary distribution software". 699:
applied for a court evaluation contesting Postmedia's claims of solicitor-client privilege, for records seized by the bureau during raids at the company's offices. In March 2018, the
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on March 25, 2015, even though the company manages competitive papers in several Canadian cities; while the Sun Media chain owns numerous other papers, four of its five
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in 2010 to bid for the chain of newspapers being sold by the financially troubled Asper family's Canwest (the company's broadcasting assets were sold separately to
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In July 2023, Postmedia Network Canada Corp. and Nordstar Capital LP announced that merger discussion between the two newspaper publishers will not continue.
1448: 428: 2089: 354:, have had common ownership for over 30 years, as evidence that the deal would not be anticompetitive. The purchase did not include Sun Media's now-defunct 2158: 1295: 1255: 805: 1758: 2768: 2028: 2839: 2737: 249:, with primary operations in English-language newspaper publishing, news gathering and Internet operations. It is best known for being the owner of the 1132: 724:, the network received $ 9.9 million in government financial assistance in 2022. In the same year, Postmedia's operating income was only $ 13 million. 508: 2399: 3418: 1692: 1287: 458: 448: 2652: 2282: 2487: 1836: 671:
article that Postmedia executives were behind the outsourcing of Postmedia content to a site within an office in Canada for the sake of producing “
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and data to Postmedia Network's Canadian newspapers, online properties and a number of third party clients in Canada and the United States.
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The company's strategy has seen its publications invest greater resources in digital news gathering and distribution, including expanded
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In addition, Postmedia Network owns all websites associated with all properties listed on this page either wholly or in partnership.
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took over, Postmedia had centralized operations and cut staff so that its 106 newspapers were essentially clones of one another.
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journalists wanted the Postmedia executives to reject the total $ 2,275,000 as the newspaper chain continued to cut staff.
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announced a transaction in which Postmedia will sell seven dailies, eight community papers, and the Toronto and Vancouver
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In addition, it focuses on the coverage of federal and provincial politics in all of the dailies owned by Postmedia.
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was assigned “executive editor of Postmedia politics". The role focuses on the coverage of federal politics in the
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On October 6, 2014, Postmedia's CEO Godfrey announced a deal to acquire the English-language operations of
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In October 2018, it was reported that CEO Andrew MacLeod had declared the company "insufficiently
3370: 2897: 2191:"Postmedia to Acquire Brunswick News Inc. and Extend Maturity of its First and Second Lien Notes" 1437: 1418: 498: 387: 2252: 683:”. In a 2020 article by The New York Times, it was reported journalists had attested that since 272:
and digital news apps for smartphones and tablets. This began with a revamp and redesign of the
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building for $ 17.23 million to U-Haul Co. after trying to sell it for nearly a decade.
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to Torstar, in exchange for 22 community papers and the Ottawa and Winnipeg versions of
3292: 3075: 2890: 1953: 1231: 1156: 873: 708: 700: 696: 559: 539: 453: 323: 242: 3280: 3268: 3131: 3117: 2991: 2932: 2283:"Postmedia selling the Winnipeg Sun, the Graphic Leader, and Kenora Miner & News" 1509: 1279: 1192: 1187: 1164: 1140: 1028: 840: 520: 503: 473: 3124: 3033: 3026: 2998: 2159:"Postmedia to lay off 80, permanently close 15 newspapers amid coronavirus fallout" 1751:"You Must Be This Conservative To Ride: The Inside Story of Postmedia's Right Turn" 1609: 1597: 1372: 999:
Postmedia owns newspapers that serve smaller communities across Canada, including:
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Two-thirds, or 66%, of Postmedia is currently owned by American media conglomerate
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in an effort to reduce competition in the newspaper industry in violation of the
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In November 2019, Postmedia announced that 66% of its shares were now owned by
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while maintaining a digital presence for the three publications. As well, the
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period a year earlier. This resulted in 90 newsroom staff losing their jobs.
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On February 17, 2022, Postmedia announced a definitive agreement to acquire
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Competition Bureau will not challenge Postmedia’s acquisition of Sun Media
3152: 2977: 977: 944: 330:-branded tabloids operate in markets where Postmedia already publishes a 41: 1780: 3047: 2582: 1968:"Postmedia purchase of Quebecor's Sun Media OK'd by Competition Bureau" 1169: 958: 892: 760: 668: 331: 103: 90: 81: 571:, and company's Winnipeg printing operations to politician and former 3338: 1343: 970: 919: 885: 339: 319: 159: 2882: 2800:"Unions demand Postmedia executives reject $ 2.3 million in bonuses" 2121:"Postmedia to close more local newspapers, cut staff by 10 per cent" 2163: 1823: 852: 416:
reported that, by the end of August, Postmedia will be closing the
2422:"Postmedia's employees should stand up to their right-wing bosses" 2253:"Merger talks between Postmedia and Toronto Star owner fall apart" 2769:"Postmedia executives receive $ 2.3-million in retention bonuses" 1587: 1339: 704: 366: 269: 246: 147: 143: 113: 2336:"Postmedia enters agreement to buy SaltWire chain of newspapers" 2645:"Torstar (Again) Blocks Release of Evidence in Conspiracy Case" 2552:"Diversity of Media Ownership Literally Non-existent in Canada" 582:
In July 2024, the company entered into an agreement to acquire
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On May 27, 2024, Postmedia announced that it would sell the
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will go from being published twice a week to once a week.
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and is known for its close ties to the Republican party.
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consisting of the publishing properties of the former
1960: 261:. The company is headquartered at Postmedia Place on 2152: 2150: 2148: 2146: 2087: 1813:"Postmedia revamps Ottawa Citizen's digital service" 342:
market, in which the two main daily newspapers, the
1659:. Postmedia Network Canada Corp. October 21, 2022. 690: 2707:"Torstar, Postmedia and the arrogance of the deal" 1709: 759: 2414: 2143: 2088:Krashinsky Robertson, Susan (November 27, 2017). 307:). Godfrey secured financial backing from a U.S. 3400: 707:of structuring the deal they made together with 2334:Yarr, Kevin; Walton, Victoria (July 26, 2024). 3414:Companies listed on the Toronto Stock Exchange 1871: 1869: 1867: 1865: 603: 2898: 2729: 1859:on page 15 under 'Related Party Transactions' 703:issued a court filing accusing Postmedia and 2837: 1999:"Postmedia-Sun Media deal officially closes" 1875: 780:(administratively part of the National Post) 638:, an American media conglomerate which owns 2488:"Postmedia Fiscal 2020 Q1 financial report" 2455: 2183: 1862: 1837:"Postmedia Fiscal 2020 Q1 financial report" 2905: 2891: 2833: 2831: 2829: 2827: 2825: 2383: 2333: 1657:"Postmedia Reports Fourth Quarter Results" 2797: 2456:Subramanian, Sarmishta (August 6, 2019). 2219: 1808: 1806: 3419:Mass media companies established in 2010 2798:Woodhouse, Kristin (November 24, 2016). 2766: 2704: 2543: 1996: 1915: 1691:, Postmedia Network Canada Corp., 2021, 1422:(broadsheet), ceasing print edition 2018 2822: 2673: 2389: 2118: 1791:from the original on September 29, 2022 991: 646:Centralization and lack of localization 52:Canwest Limited Partnership (2000–2010) 14: 3401: 2642: 2549: 2531:from the original on December 20, 2019 2500:from the original on November 24, 2021 2468:from the original on December 17, 2019 2307: 2201:from the original on February 18, 2022 2100:from the original on November 27, 2017 2069:from the original on November 28, 2017 2039:from the original on December 22, 2017 1849:from the original on November 24, 2021 1803: 1761:from the original on December 16, 2019 1583:Other media groups in Canada include: 409:, all acquired papers will be closed. 2912: 2886: 2810:from the original on January 18, 2023 2767:Bradshaw, James (November 23, 2016). 2580: 2451: 2449: 2447: 2432:from the original on November 7, 2020 2402:from the original on October 24, 2020 2250: 2232:from the original on January 18, 2023 2171:from the original on January 11, 2023 2156: 1911: 1909: 1907: 1905: 1748: 1663:from the original on October 26, 2022 727: 293:The ownership group was assembled by 2838:Telecom; Media (November 27, 2017). 2735: 2593:from the original on January 1, 2020 2550:Baluja, Tamara (November 29, 2013). 2220:Deschamps, Tara (January 18, 2023). 2157:Sagan, Aleksandra (April 28, 2020). 1978:from the original on August 15, 2020 1744: 1742: 1727:from the original on August 11, 2020 365:On November 27, 2017, Postmedia and 241:) is a foreign-owned Canadian-based 3357:Grande Prairie Daily Herald-Tribune 2846:from the original on March 24, 2019 2624:from the original on April 18, 2022 2611: 2263:from the original on August 6, 2023 2009:from the original on March 27, 2017 1625: 1117:Grande Prairie Daily Herald-Tribune 923:newspapers also owned by Postmedia) 589: 24: 2748:from the original on June 14, 2023 2717:from the original on April 5, 2018 2705:Milstead, David (March 22, 2018). 2686:from the original on April 6, 2018 2655:from the original on March 6, 2019 2643:Carney, Bryan (February 5, 2019). 2444: 2131:from the original on June 26, 2018 1997:Bradshaw, James (April 13, 2015). 1916:Flavelle, Dana (October 6, 2014). 1902: 1357:(sold to Torstar and closed, 2017) 934: 720:According to Marc Edge, author of 675:sports pages, Arts fronts for the 476:. It will also cease printing the 25: 3430: 2862: 2779:from the original on July 8, 2022 2674:Jackson, Emily (March 22, 2018). 2581:Goodh, Margo (February 4, 2016). 2562:from the original on July 8, 2022 2390:Yelland, Tannara (June 6, 2018). 1890:from the original on July 8, 2022 1876:Olive, David (January 23, 2015). 1739: 1717:"Federal Corporation Information" 1698:from the original on May 23, 2022 311:, the Manhattan-based hedge fund 2371:from the original on May 9, 2024 2361:"Postmedia News | National Post" 1413:sold to Torstar and closed, 2017 1385:sold to Torstar and closed, 2017 1367:sold to Torstar and closed, 2017 1348:sold to Torstar and closed, 2017 1327: 691:Relationship with the government 171: 170: 40: 2791: 2760: 2698: 2667: 2636: 2605: 2574: 2513: 2480: 2353: 2327: 2301: 2275: 2244: 2213: 2112: 2081: 2051: 2021: 1990: 1935: 1749:Craig, Sean (August 12, 2019). 1381:Collingwood Enterprise Bulletin 1182:sold to Lloydminster Source Ltd 3409:Postmedia Network publications 3236:Exeter Lakeshore Times-Advance 2119:Healing, Dan (June 26, 2018). 1829: 1773: 1676: 1649: 1632:History of Canadian newspapers 741: 227:Postmedia Network Canada Corp. 162:, media websites, news content 35:Postmedia Network Canada Corp. 13: 1: 2736:Edge, March (June 13, 2023). 2612:Lee, Edmund (July 16, 2020). 2251:Evans, Pete (July 10, 2023). 1642: 1177:Lloydminster Meridian Booster 1069:Drayton Valley Western Review 1021:Brockville Recorder and Times 754: 3203:Bow Valley Crag & Canyon 2985:Cornwall Standard-Freeholder 2308:Froese, Ian (May 27, 2024). 1685:2021 Annual Information Form 1456: 917:(not related to the tabloid 813:Cornwall Standard Freeholder 598: 484:Portage La Prairie, Manitoba 7: 3255:Kenora Daily Miner and News 1947:September 23, 2015, at the 1578: 1561: 827:Kenora Daily Miner and News 604:Ties to right wing politics 313:GoldenTree Asset Management 10: 3435: 3013:The Kingston Whig-Standard 1408:Orillia Packet & Times 1224:Peace River Record-Gazette 1013:Bow Valley Crag and Canyon 695:On November 27, 2018, The 679:, editorial pages for the 439:Kapuskasing Northern Times 288: 3380: 3331: 3313: 3190: 3181:Woodstock Sentinel-Review 2941: 2920: 1521: 1320:Woodstock Sentinel-Review 736: 620:and a founding editor of 278:, which debuted in 2014. 210: 200: 183: 166: 155: 137: 119: 109: 99: 66: 56: 48: 39: 3083:St. Thomas Times-Journal 2957:Belleville Intelligencer 1781:"Contact Us | Postmedia" 1503:Ontario Farmer Magazines 1272:St. Thomas Times-Journal 1101:Fort Saskatchewan Record 1045:Cochrane Times (Alberta) 785:Belleville Intelligencer 685:Chatham Asset Management 636:Chatham Asset Management 334:competitor. Board chair 283:Chatham Asset Management 191:Chatham Asset Management 3371:Pembroke Daily Observer 3322:Financial Post Magazine 3118:Stratford Beacon-Herald 1463:Financial Post Business 1443:sold to Torstar in 2017 1438:St. Catharines Standard 1419:Pembroke Daily Observer 1280:Stratford Beacon Herald 499:Pembroke Daily Observer 388:St. Catharines Standard 3305:La Voix du Restigouche 3139:Times & Transcript 3069:The Recorder and Times 1615:The Woodbridge Company 1478:Kingston Life Magazine 1452:(tabloid), closed 2018 1376:(tabloid), closed 2018 1200:Mayerthorpe Freelancer 834:Kingston Whig-Standard 494:Kirkland Lake, Ontario 125:; 14 years ago 27:Canadian media company 3217:The Delhi News-Record 3020:The London Free Press 2878:Canada.com web portal 2804:vancouver.citynews.ca 2197:. February 17, 2022. 2065:. November 27, 2017. 1818:July 8, 2022, at the 1593:Metroland Media Group 1498:Muskoka Visitor Guide 1432:sold to Torstar, 2017 1427:Peterborough Examiner 1396:sold to Torstar, 2017 1243:(tabloid) closed 2020 1240:Red River Valley Echo 568:Kenora Miner and News 479:Portage Daily Graphic 400:Peterborough Examiner 382:Exeter Times-Advocate 141:365 Bloor Street East 3249:Le Journal Madawaska 3224:Elliot Lake Standard 3055:Owen Sound Sun Times 1391:Niagara Falls Review 1216:Owen Sound Sun Times 1109:Goderich Signal-Star 1085:Elliot Lake Standard 763:dailies and weeklies 722:The Postmedia Effect 640:American Media, Inc. 444:Kapuskasing, Ontario 394:Niagara Falls Review 3262:Kings County Record 3243:Fort McMurray Today 3146:Timmins Daily Press 2964:Brantford Expositor 2921:Corporate directors 2527:. August 30, 2018. 2428:. August 27, 2019. 1721:Corporations Canada 1620:TC Transcontinental 1449:Strathmore Standard 1093:Fort McMurray Today 1053:Cochrane Times-Post 1037:Clinton News-Record 907:Timmins Daily Press 792:Brantford Expositor 532:Brunswick News Inc. 514:High River, Alberta 434:Strathmore, Alberta 429:Strathmore Standard 309:private equity firm 305:Shaw Communications 202:Number of employees 36: 3293:Trenton Trentonian 3287:The Northern Light 3076:Regina Leader-Post 2773:The Globe and Mail 2742:The Globe and Mail 2711:The Globe and Mail 2618:The New York Times 2462:Maclean’s Magazine 2127:. Canadian Press. 2094:The Globe and Mail 2003:The Globe and Mail 1954:Competition Bureau 1505:(Hog, Beef, Dairy) 1483:Interiors Magazine 1296:Vermilion Standard 1256:Sherwood Park News 1232:Pincher Creek Echo 1157:Kingston This Week 874:Regina Leader-Post 806:Chatham Daily News 728:Treatment of staff 709:no-compete clauses 701:Competition Bureau 697:Competition Bureau 673:Regina Leader-Post 560:Portage la Prairie 540:The Canadian Press 454:Ingersoll, Ontario 412:On June 26, 2018, 324:Competition Bureau 243:media conglomerate 123:July 13, 2010 34: 18:Southam Newspapers 3396: 3395: 3281:The Napanee Guide 3269:Mid-North Monitor 3191:Weekly newspapers 3132:Telegraph-Journal 2992:The Daily Gleaner 2933:Martin Nisenholtz 2914:Postmedia Network 2426:National Observer 2287:CTV News Winnipeg 2035:. June 21, 2016. 1957:, March 25, 2015. 1488:Backpack Magazine 1188:Mid-North Monitor 1165:Lakeshore Advance 1141:Hinton Parklander 1029:Chatham This Week 841:London Free Press 521:COVID-19 pandemic 504:Pembroke, Ontario 474:Petrolia, Ontario 379:. 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