363 replies to this topic

[Victoria Watcher]

The head of Métro Média says the Quebec newspaper publisher will declare bankruptcy this week, permanently ending its coverage of local government in parts of the province's two largest cities.

 

CEO Andrew Mulé said in a Sunday post on X, formerly known as Twitter, that the decision was made after the company abruptly suspended operations at its more than 30 hyper-local publications, including the Journal Metro and 16 print weeklies.

 

In a statement sent to employees on Aug. 11, Mulé said he'd been informed the company no longer had the liquidity to continue, despite what he described as a healthy balance sheet.

 

On Sunday, Mulé said the impending bankruptcy marks a sad epilogue to his 28 months at the helm, and admitted he felt bitterness and a sense of unfinished business as local news struggles for survival across the country.

 

 

 

https://www.cbc.ca/n...uptcy-1.6969803

Edited by Victoria Watcher, 17 September 2023 - 02:04 PM.

[dasmo]

I guess no one told the useful idiots they wouldn’t be able to walk the streets again… https://journalmetro.com/tag/covid-19/

[Victoria Watcher]

The Hamilton Spectator is losing its office space as its owner tries to save money, CBC Hamilton has learned.

It means one of Ontario's longest-running newspapers with roughly 50 editorial staff will no longer have a physical newsroom.


https://www.cbc.ca/n...ffice-1.6970467

Edited by Victoria Watcher, 19 September 2023 - 10:54 AM.

[Victoria Watcher]

 

 

 

 

Portnoy's conversation with the reporter is classic:

 

VIDEO on X:  https://twitter.com/...574353415823411

Edited by Victoria Watcher, 23 September 2023 - 05:54 AM.