TORONTO — Canadian 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.
Postmedia president and CEO Andrew MacLeod said in a statement that the "need for creative solutions and foundational transformation in our industry remains." But experts sounded the alarm over what such a deal could do for local news coverage and for competition in journalism. Many compared it to a deal in 2017 that saw Torstar and Postmedia swap 41 community and daily newspapers, 36 of which were subsequently closed. Postmedia laid off 11 per cent of its editorial staff earlier this year in the latest sign of struggle for the national company, which owns publications across the country including the National Post, Vancouver Sun and Calgary Herald.
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Postmedia, Toronto Star owner Nordstar end merger talksThe two media companies said they were unable to come to an agreement
منبع: globeandmail - 🏆 5. / 92 ادامه مطلب »
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.
منبع: CP24 - 🏆 30. / 67 ادامه مطلب »
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.
منبع: CTVToronto - 🏆 9. / 84 ادامه مطلب »
Postmedia, Toronto Star owner Nordstar end their merger discussionsPostmedia Network Canada and Nordstar Capital LP, the company that owns the Toronto Star, have ended discussions about a potential merger.
منبع: CHEK_News - 🏆 59. / 55 ادامه مطلب »
Postmedia, Toronto Star owner Nordstar end their merger discussionsTORONTO — Canadian 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. Both companies issued press releases disclosing the change, with Torstar Corp. noting that the added backdrop of regulatory and financial uncertainty contributed to the talks ending. 'These are challenging times for media companies, but we intend to keep working hard to
منبع: YahooFinanceCA - 🏆 47. / 63 ادامه مطلب »