Postmedia News is a national news agency with correspondents in
Canada, Europe, and the United States and is part of the Canadian
newspaper chain owned by
Postmedia Network Inc.
4 See also
6 External links
The newspaper service "Southam Inc" was created in 1904 by William
Southam. He had been a delivery boy for The London Free Press, and
by 1867 he had become part owner. He bought and transformed the
Hamilton Spectator in 1877. In 1897 he bought up many other
papers including the Calgary Herald, the Ottawa Citizen, Vancouver's
The Province and many more. The
Winnipeg Tribune was also a Southam
owned newspaper until it closed on August 27, 1980.
Southam Newspapers was sold to
Hollinger Inc. in 1996. Under Hollinger
control, Southam made many acquisitions, including many of the
Canadian print media holdings of Thomson Newspapers. On November 15,
2000, the Southam Newspapers company was broken up with the print
media holdings and the Southam Newspapers name being sold to Canwest.
Canwest examined ways to integrate many of its smaller market papers
into its Global television news division; however, it wasn't to be. On
August 9, 2002,
Canwest sold many of its smaller market newspapers to
a variety of new owners, including Torstar,
Transcontinental Media and
Osprey Media. In 2003, Southam Newspapers was fully absorbed into
Canwest and became
Canwest News Service.
Canwest News Service began
operating in Winnipeg on February 12, 2003, and moved its expanded
operations to Ottawa in April 2007.
In July 2010, Canwest's publishing division was spun off into a new
Postmedia Network (the latter broadcasting division was sold
to Shaw Media), led by
National Post CEO,
Paul Godfrey as a result of
bankruptcy, the service subsequently became known as Postmedia News.
In late November 2017, the company announced the planned closure of a
series of newspapers and the sale of some to
Torstar which will
subsequently close many of those since they competed with Torstar
Exeter Times-Advocate and the Exeter Weekender will
continue to be operated by Post Media, however. The sales to
Torstar must first be approved by the Competition Bureau. A few will
survive: the St. Catharines Standard, Niagara Falls Review, Welland
Tribune and Peterborough Examiner. In total, 36 publications were
expected to close, including 34 in Ontario.
Declining ad revenues for print publications was the primary reason
for closing the many publications. Postmedia's
Paul Godfrey told the
Financial Post, "We were once considered the whale in the water. Now
we’re the minnow, and the whale is Google and Facebook. ... This is
a crisis situation". In a press release he stated that "the continuing
costs of producing dozens of small community newspapers in these
regions in the face of significantly declining advertising revenues
means that most of these operations no longer have viable business
The operations include the
Postmedia News wire service as well as an
online news component through Canada.com.
The news agency provides news, sports, entertainment, photography,
financial and feature information and data to Postmedia Network's
Canadian newspapers, online properties and a number of third party
Canada and the United States.
The Asper-owned Southam newspaper empire faced criticism when it fired
Russell Mills as publisher of the Ottawa Citizen, allegedly for
criticizing Prime Minister Jean Chrétien, who was a good friend of
Canada (Director of Investigation and Research) v. Southam Inc.
^ "Southam Inc". Canadian Encyclopedia. Retrieved 24 April 2014.
^ "Postmedia Announces Community Newspapers Transaction with Torstar".
Postmedia. Retrieved 13 January 2018.
^ Kopun, Francine (27 November 2017). "Torstar, Postmedia announce
community and daily paper deal". Toronto Star. Retrieved 13 January
^ Jackson, Emily (27 November 2017). "'The alarm bells should go off:'
Torstar deal will see 36 community papers closed".
Financial Post. Retrieved 13 January 2018.
^ "Postmedia to close community newspapers across southern Ontario".
CBC News. 27 November 2017. Retrieved 13 January 2018.
^ GlobalJournalist.com Archived 2012-03-01 at the Wayback Machine.
Cornwall Standard Freeholder
Fort McMurray Today
Grande Prairie Daily Herald-Tribune
The London Free Press
North Bay Nugget
Owen Sound Sun Times
Pembroke Daily Observer
The Recorder and Times
St. Thomas Times-Journal
The Simcoe Reformer
Timmins Daily Press
The Vancouver Sun
The Delhi News-Record
Elliot Lake Standard
Kenora Daily Miner and News
Financial Post Magazine
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