Postmedia, Toronto Star owners end merger talks without deal

“There are so many things in flux right now, from Facebook pulling out , potentially Google as well, the ongoing challenges of the industry — it is just really difficult to pull off a complicated merger in a very uncertain environment,” MacLeod said.“We worked really hard and there was good will and good intent from both groups, but it is just too challenging and too uncertain an environment right now to make all the models work.

“By levelling the playing field with the tech giants and creating a healthy ecosystem, we can ensure that the media industry and journalism remain vibrant, diverse and resilient in Canada.” “These are challenging times for media companies, but we intend to keep working hard to give Canadians the news they need to stay informed, which is essential to our communities and to the functioning of our democracy,” Jordan Bitove, owner of Nordstar and publisher of theBoth companies face economic hardship during increasing digitalization of news, which has meant cuts, layoffs and cost reductions.

Meta-owned Facebook and Instagram said it will stop sharing links to Canadian news in response to the federal government’s Online News Act.

مصر أحدث الأخبار, مصر عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

Postmedia, Toronto Star owner Nordstar end merger talksThe two media companies said they were unable to come to an agreement
مصدر: globeandmail - 🏆 5. / 92 اقرأ أكثر »

Postmedia and Toronto Star owner Nordstar end merger talksCanadian media companies Postmedia Network Canada Corp. and Nordstar Capital LP, the company that owns the Toronto Star, have ended discussions about a potential merger, saying they were unable to come to an agreement.
مصدر: CP24 - 🏆 30. / 67 اقرأ أكثر »

Postmedia, Toronto Star owner Nordstar end merger talksCanadian media companies Postmedia Network Canada Corp. and Nordstar Capital LP, the company that owns the Toronto Star, have ended discussions about a potential merger, saying they were unable to come to an agreement.
مصدر: CTVToronto - 🏆 9. / 84 اقرأ أكثر »

Merger talks between Postmedia and Toronto Star owner fall apart | CBC NewsTalks to combine two of the biggest newspaper publishers in Canada have fallen apart.
مصدر: CBCNews - 🏆 2. / 99 اقرأ أكثر »

Morning Update: Postmedia, Toronto Star owner Nordstar end merger talksThe two newspaper chains said they were unable to reach agreement on terms of a deal, two weeks after they announced detailed plans to combine the two businesses
مصدر: globeandmail - 🏆 5. / 92 اقرأ أكثر »

Postmedia and owners of Toronto Star end merger talks with no deal\u0027There was good will and good intent from both groups, but it is just too challenging and too uncertain an environment right now\u0027
مصدر: nationalpost - 🏆 10. / 80 اقرأ أكثر »