Frank magazine had a possible scoop Saturday night: Postmedia to shut down dailies in Ottawa, Calgary and Edmonton. Frank Fact Postmedia, which lost $263.4-million last year, will fold the Ottawa Sun and the Ottawa Citizen into one paper in March. Likewise in Calgary and Edmonton. The Herald and the Sun will become one paper; The Journal will merge with the Edmonton Sun. Source: Reliable Postmedia’s ongoing losses and shrinking print […]
The Globe and Mail is reporting that Postmedia is dropping its plans to roll out magazine-style tablet editions at its main newspaper properties, ones designed to serve an evening audience, and substituting a cheaper, simpler product that will provide day-long updates.
Conrad Black, once Canada’s most powerful newspaper owner before his “troubles,” argued during a Postmedia conference call that the chain had to invest in quality in order to arrest its decline.
Media analyst Ken Doctor takes a look at the tablet play by La Presse in Montreal and the looming one by the Toronto Star in postings at the Nieman Lab website.
Declining advertising revenues and currency devaluations both combined to push Postmedia into greater loss territory than it was a year ago.
This is a link to a speech by Washington Post executive editor Martin Baron (“Washington Post Executive Editor Martin Baron on journalism’s transition from print to digital“).
From CBC News (“2 Moncton Times & Transcript editors out after ethics probe“): Two senior editors at the Moncton Times & Transcript are no longer with the newspaper, after an internal ethics probe by Brunswick News Inc.into one editor’s acceptance of a trip to Larry’s Gulch, according to the company’s ombudsman.
As Postmedia Network Canada Ltd. continues to shrink its newsrooms and send money to its hedge-fund benefactors in the United States, David Olive argues those newspapers are becoming less and less utility to the citizens and communities they serve.
Big surprise here. The Toronto Sun‘s editorial on Liberal Leader Justin Trudeau’s decision to “not engage” with Sun Media made much of Trudeau’s slight and little of the putrid attack that preceded it.
Leading Internet thinker Clay Shirky published another provocative essay on what he sees as the dismal future of newspapers. Changes in advertising will inevitably mean more closures of them, he argues.