Postmedia’s merger talks with Toronto Star owner a ‘Hail Mary pass’: expert - Terrace Standard

United Kingdom News News

Postmedia’s merger talks with Toronto Star owner a ‘Hail Mary pass’: expert - Terrace Standard
United Kingdom United Kingdom Latest News,United Kingdom United Kingdom Headlines

Postmedia’s merger talks with Toronto Star owner a ‘Hail Mary pass’: expert

  • 📰 TerraceStandard
  • ⏱ Reading Time:
  • 10 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 68%

One expert says talks between Canada’s two largest newspaper chains about a potential merger are akin to a “Hail Mary pass” amid declining readership and advertising revenue.

The two publishers say the proposed deal, which is yet to be finalized, is a bid to create greater scale so they can respond to the “existential threat” facing the media industry.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

TerraceStandard /  🏆 24. in UK
 

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines



Render Time: 2025-01-17 11:51:22