Pressure from a decline in print advertising revenue continued to push down Postmedia Network Inc.’s sales in the last quarter, but the media company kept its operating results in check with an almost equal decrease in spending during the period.
Peter KuitenbrouwerAfter a successful career as a journalist in India including a stint at the Hindustan Times, twelve years ago Jaspal Singh Shetra moved to Toronto. He bought a little Punjabi-language newspaper in Mississauga. A few years later he noticed that 65% of his costs went to his printing bill.
OTTAWA — Stephen Maher of Postmedia News and Glen McGregor of the Ottawa Citizen have been named this year’s recipients of the World Press Freedom Award.
Margaret Munro, science writer for Postmedia News, was named runner-up for the honour, which is given out by the Canadian Committee for World Press Freedom.
A leading provider of online movie rental services, Netflix Inc. (NFLX) recently signed an expanded license agreement with General Electric’s (GE) NBC Universal Domestic Television Distribution division.
OTTAWA — Canadian foreign-service officers were to withdraw services Monday at 15 embassies worldwide in the most substantial action the union has taken since the dispute first began.
As of Sunday evening, the foreign-service officers union had already shut down services at embassies that process thousands of visas for visitors, temporary employees and students, Timothy Edwards, president of the Professional Association of Foreign Service Officers, told Postmedia News.
Canada’s largest chain of big-city English-language daily newspapers is eliminating the role of local publishers at its papers as part of a move to centralize more of the company’s business operations.
Postmedia Network Canada Corp., which owns the National Post and nine other major English-language dailies, announced the move in an internal memo to employees Tuesday.
Postmedia Network Canada Corp. reported a 9.5% drop in quarterly revenue Wednesday as the decline in print advertising continues to weigh heavily on the publishing industry.
During the third quarter, the company also rolled out a paid-content model at all of its 10 newspapers’ websites in a bid to find new sources of revenue as the industry shifts away from print and toward the Internet.
OTTAWA — The head of the Royal Canadian Navy delivered a poignant reminder Wednesday that the fate of Canada’s military is in industry’s hands as he announced that a design for new resupply ships has been chosen.
The relationship between National Defence and defence companies has been turbulent recently following problems with a number of high-profile procurement projects, including the F-35 stealth fighter, armoured vehicles for the army and search-and-rescue aircraft.
GATINEAU, Que. — The federal broadcast regulators will take a look at the educational aspect of the Oprah Winfrey Network Canada to determine if it is meeting its licence requirements of broadcasting educational content.
The Canadian Radio-television and Telecommunications says it will hold a hearing next Tuesday looking into whether the network’s shows are educational enough to meet its mandate.
Media company Corus Entertainment Inc. has the licence for the Oprah Winfrey Network Canada channel.