Opinion
Torstar-Postmedia deal an evolution towards paperless media
By Angelo Persichilli Dec. 11, 2017
If Postmedia and Torstar don’t change their approaches and adapt to the new media reality out there, this will be one of the last few acts of these once almighty print media powerhouses.
Postmedia CEO Paul Godfrey, pictured in this file photo, told the Financial Post last week that more Canadian newspapers will close in the next few years, but said print news will still exist 10 years from now. The Hill Times file photograph
TORONTO—The recent deal Torstar-Postmedia may have appeared to be an important business deal, but it was really a strategic deal to kill off local newspapers and build barricades around their main publications. However, if Postmedia and Torstar don’t change their approach and adapt to the new media reality out there, this will be one of the last few acts of these once almighty print media powerhouses.
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