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Postmedia Network Canada Corp Cl B (PNC-B.TO)

Postmedia Network Canada Corp Cl B (PNC-B.TO)
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Independent media can help fill local news void as legacy media consolidate: experts Canadian Press - Thu Jun 29, 2023

TORONTO — As Canadians face a potential further decline in local news coverage by legacy media outlets, industry watchers hope independent and non-profit companies can fill the void.

PNC-B.TO : 1.36 (-1.45%)
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. Toronto Star and National Post newspaper boxes are shown in downtown Toronto on Friday, October 29, 1999. THE CANADIAN PRESS/Kevin Frayer
Postmedia's merger talks with Toronto Star owner a 'Hail Mary pass': expert Canadian Press - Wed Jun 28, 2023

TORONTO — 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.

PNC-B.TO : 1.36 (-1.45%)
A security guard stands by the front reception desk at Postmedia's Toronto headquarters on March 12, 2018. THE CANADIAN PRESS/Chris Young
Canadian Press NewsAlert: Toronto Star owner Nordstar in talks to take over Postmedia Canadian Press - Tue Jun 27, 2023

Postmedia Network Canada Corp. has confirmed that it is in talks to merge with Nordstar Capital LP, the owner of Metroland Media Group and the Toronto Star.

PNC-A.TO : 1.32 (+8.20%)
PNC-B.TO : 1.36 (-1.45%)

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