Postmedia signage is pictured at the head office in Toronto, on Wednesday, June 28, 2023. Postmedia Network Canada Corp. and Nordstar Capital LP, the company that owns the Toronto Star, say they have terminated discussions about a potential merger, saying they were unable to come to an agreement. THE CANADIAN PRESS/Andrew LahodynskyjNetwork Canada Corp.
“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,” said Nordstar owner and Toronto Star publisher Jordan Bitove in a press release.president and CEO Andrew MacLeod said in a statement that the “need for creative solutions and foundational transformation in our industry remains.
They had said the proposed deal would help them scale up in order to respond to the “existential threat” facing the media industry.
Nederland Laatste Nieuws, Nederland Headlines
Similar News:Je kunt ook nieuwsberichten lezen die vergelijkbaar zijn met deze die we uit andere nieuwsbronnen hebben verzameld.
Postmedia, Toronto Star owner Nordstar end merger talksThe two media companies said they were unable to come to an agreement
Lees verder »
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.
Lees verder »
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.
Lees verder »
NordStar, Postmedia terminate merger discussionsTalks called off after parties unable to agree on merger terms and because of the regulatory and financial uncertainty around the deal.
Lees verder »
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.
Lees verder »