News Formal

Postmedia’s merger talks with Toronto Star owner a ‘Hail Mary pass’: expert | National Newswatch

  • 📰 natnewswatch
  • ⏱ Reading Time:
  • 10 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 59%

Australia News News

Australia Australia Latest News,Australia Australia Headlines

Postmedia’s merger talks with Toronto Star owner a ‘Hail Mary pass’: expert

TORONTO — One expert says talks between Canada's two largest newspaper chains about a potential merger are akin to a"Hail Mary pass" amid declining readership and advertising revenue.

The two publishers say the proposed deal, which is yet to be finalized, is a bid to create greater scale so they can respond to the"existential threat" facing the media industry.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 58. in AU

Australia Australia Latest News, Australia Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Postmedia’s merger talks with Toronto Star owner a ‘Hail Mary pass’: expert - Terrace StandardPostmedia’s merger talks with Toronto Star owner a ‘Hail Mary pass’: expert
Source: TerraceStandard - 🏆 24. / 68 Read more »