this post was submitted on 27 Jul 2024
18 points (100.0% liked)

Canada

7185 readers
289 users here now

What's going on Canada?

Communities

🍁 Meta

πŸ—ΊοΈ Provinces / Territories

πŸ™οΈ Cities / Local Communities

πŸ’ SportsHockey

Football (NFL)

  • List of All Teams: unknown

Football (CFL)

  • List of All Teams: unknown

Baseball

Basketball

Soccer

πŸ’» Universities

πŸ’΅ Finance / Shopping

πŸ—£οΈ Politics

🍁 Social and Culture

Rules

Reminder that the rules for lemmy.ca also apply here. See the sidebar on the homepage:

https://lemmy.ca

founded 3 years ago
MODERATORS
[email protected]
18
Postmedia enters agreement to buy SaltWire chain of newspapers (www.cbc.ca)
submitted 3 months ago by [email protected] to c/[email protected]
4 comments fedilink hide all child comments
 

Postmedia has entered an agreement to purchase SaltWire, Atlantic Canada's largest newspaper chain, according to a news release issued Friday.

SaltWire has been under creditor protection since March. It publishes more than 20 papers in Atlantic Canada, including The Chronicle Herald in Halifax, The Guardian in Charlottetown, and The Telegram in St. John's, along with associated websites.

In the release, the Canadian news media company said the potential acquisition aligns with Postmedia's commitment to preserving local journalism and supporting communities.

"If the transaction can be completed, Postmedia intends to provide the necessary back office resources and operational infrastructure to ensure there continues to be reliable and high-quality local news provided to the affected communities," said Postmedia president and CEO Andrew MacLeod.

you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 16 points 3 months ago (1 children)

There's something unsettling about PostMedia eating up all of these locals. They've shown that they're interested in being Fox News for Canada; playing fast and loose with facts, and stoking fear and anger.

[–] [email protected] 13 points 3 months ago (1 children)

And the feds/provinces aren't doing shit to stop it.

[–] [email protected] 11 points 3 months ago* (last edited 3 months ago)

The Conservatives are literally running on making sure Postmedia doesn't have any competition. And they look like they're going to win.