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Torstar-Postmedia deal biggest sign so far of newspaper crisis

By Angelo Persichilli      

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.

Heritage Minister Mélanie Joly, pictured in this file photo on Parliament Hill.
The Hill Times file photograph

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 companies ahead of their personal differences shows the level of professionalism on both sides. At the same time, the agreement is the most evident and dramatic sign so far of the deep crisis print media is in. The logic behind

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