Postmedia and owners of Toronto Star end merger talks with no deal

Nederland Nieuws Nieuws

Postmedia and owners of Toronto Star end merger talks with no deal
Nederland Laatste Nieuws,Nederland Headlines

\u0027There was good will and good intent from both groups, but it is just too challenging and too uncertain an environment right now\u0027

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“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.

Nordstar, in a written release, said “the added backdrop of regulatory and financial uncertainty” led to the decision to end negotiations. Both companies previously announced they were stopping direct advertising on Meta-owned platforms, joining several other entities, including the federal and Quebec governments, that are boycotting Facebook and Instagram over Meta’s decision to block Canadian news.

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Nederland Laatste Nieuws, Nederland Headlines

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