Postmedia, which owns the National Post, the Financial Post and more than 120 media properties across Canada, earned $28.3 million in digital revenue in the three months that ended on Aug. 31, up from $27.5 million during the same period last year.Sign up to receive the daily top stories from the Financial Post, a division of Postmedia Network Inc.By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc.
“As with our industry peers and all Canadian businesses we are operating in a challenging environment exacerbated by recessionary headwinds,” Andrew MacLeod, chief executive of Postmedia, said“We are managing proactively to meet the challenges ahead and taking the opportunity to accelerate our transformation to digital and growth in our parcel business.”