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Postmedia to shiver 6 village newspapers, crude imitation editions during 3 others

  • June 26, 2018
  • Business

Postmedia says it is shutting down 6 village newspapers in Ontario and Alberta, and crude a imitation editions during 3 other papers in Manitoba and Ontario as it moves to cut costs.

The association pronounced in a note to staff that a Graphic in Portage la Prairie, Man., a Northern News in Kirkland Lake, Ont., and the Pembroke Observer in Pembroke, Ont., will hindrance their imitation editions though keep a digital presence.

Meanwhile, a newspapers scheduled to tighten in a entrance weeks embody dual in Alberta, the Camrose Canadian and the Strathmore Standard, along with 4 publications in Ontario, the Kapuskasing Northern Times, the Ingersoll Times, the Norwich Gazette and a Petrolia Topic.

Postmedia also pronounced a High River Times in Alberta will change from edition twice per week to weekly.

The association pronounced a changes are partial of a devise to revoke income losses by 10 per cent by Aug. 31, a finish of a mercantile year.

Some jobs have been identified for elimination, while intentional buyouts will also be offering to all unionized employees, and to all editorial staff, both unionized and non-unionized. 

“If aim assets aren’t met by a initial [voluntary buyout] module and targeted reductions, serve staff reductions will be identified opposite a operations,” a association said.

Unifor, that represents workers during a 163-year-old Pembroke Observer, called on a sovereign supervision to step in as newspapers fastener with a change to digital.

“We have asked a sovereign supervision to assistance newspapers transition to new and economically tolerable ways to broach internal news though have been met with radically dull platitudes,” said Unifor internal boss Paul Morse in a statement.

“Now, another ancestral Canadian journal will die, and unapproachable Pembroke will face a hazard of apropos a internal news desert.”

Back in Nov 2017, Postmedia said it had performed about dual dozen informal village newspapers opposite Ontario, for no money cost, in a understanding that saw a association give almost as many other village papers to a Toronto Star. Following a deal, both companies announced that many of a acquired newspapers would be close down, that resulted in a detriment of roughly 300 jobs opposite a dual chains.

In Mar of this year, Competition Bureau officials executed hunt warrants during a Toronto-area domicile of Postmedia and Torstar as partial of a examine into a Nov understanding between a dual media companies.

Article source: https://www.cbc.ca/news/business/postmedia-cuts-1.4722693?cmp=rss

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