Torstar-Postmedia deal biggest sign so far of newspaper crisis
Torstar and Postmedia are trying to consolidate their presence in certain geographic areas and giving up others. Torstar will become the main media outlet in the GTA and Niagara Peninsula area, while Postmedia will be in Ottawa and central Ontario.
TORONTO—Last week’s deal between Torstar Corp., The Toronto Star's parent company, and Postmedia Network Inc. surprised many people because the agreement was reached, despite the not-so-idyllic relationship between some of their top managers. Putting the interest of their respective co...
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