Reporter James Bradshaw wrote a lengthy feature on the woes of Torstar, which owns the Toronto Star. Among the highlights: Torstar lacks a CEO, it has an outside investor circling around and it’s struggling to move from print to pixels. I’ll excerpt a few points on the underperformance of StarTouch and the failure of the […]
The Globe and Mail “celebrates” the role of mainstream media following a year of fake news, Nazi-era cries of “lugenpresse!” (lying press) being revived and other attacks mounted on them.
This week ended with eight veteran Regina Leader-Post journalists and nine from the Saskatoon StarPhoenix taking buyouts and going out into the cold unknown. The L-Pers are all from my generation of employees (I left in the 1996 downsizing). Bummer. :(
When we last checked in with Postmedia, Canada’s largest newspaper company was looking to cut an additional 20 per cent from salary costs, mainly due to a disastrous plunge in print advertising revenues. That’s why it’s heartening to know, in this month before Christmas, that the company managed to find $2.3 million in bonuses for […]
Lede: “Private media companies are decrying the CBC’s growing presence on the Internet and in the digital advertising market, calling on Ottawa to rein in the Crown corporation in order to salvage the production of local news and investigative journalism across the country.
As print revenues continue their steep decline, Postmedia announced it wants to reduce salary costs by a further 20 per cent.
John Honderich, chairman of the board at Torstar, addressed a parliamentary committee and told them how shrinking advertising revenues are decimating newsrooms in Canada.
The Globe and Mail announced a voluntary separation package aiming to induce 40 staffers to leave the company as it struggles with economic headwinds.
Globe and Mail employees at a town hall meeting heard publisher Philip Crawley say he wants to cut the company-wide head count by about 40 through voluntary separation agreements. If 40 people didn’t step forward, layoffs were possible.
The federal government is studying the demise of newspapers while studying the issue of traditional newspaper decline.