11267 - Postmedia Network Inc. and Torstar Corp. announced a deal to swap dozens of
free daily and community newspapers, most of which will be shut down due to declines in print advertising revenue. A total of 291 jobs will be lost.
Canada’s two largest newspaper chains announced Monday that Postmedia acquired 22 community newspapers
and two free dailies from Torstar subsidiaries Metroland Media Group and Free Daily News Group in exchange for 15 community newspapers and two free dailies.
Here's a list of the affected publications:
Properties Acquired by Postmedia
To remain open: Exeter Times-Advocate (and the Exeter Weekender)
To be closed: Metro Ottawa, Metro Winnipeg, Belleville News, Brant News, Central Hastings
News, Frontenac Gazette, Kanata Kourier-Standard, Kingston Heritage, Meaford Express, Nepean/Barrhaven News, Norfolk News, Orleans News,Ottawa East News, Ottawa South News.Ottawa West News,Our London, Quinte West News,St.
Lawrence News, St. Mary's Journal-Argus (and the St. Mary’s Weekender), St. Thomas/Elgin Weekly News, Stittsville News, Stratford City Gazette, West Carleton Review
Properties Sold by Postmedia to Torstar
To remain open: St. Catharines Standard, Niagara Falls Review, Welland Tribune, Peterborough Examiner
To be closed: 24 Hours Toronto, 24 Hours Vancouver, Barrie Examiner, Northumberland
Today, Orillia Packet & Times, Bradford Times, Collingwood Enterprise Bulletin, Fort Erie Times, Innisfil Examiner, Inport News (Port Colborne), Niagara Advance, Pelham News, Thorold Niagara News.
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