Print media takes another hit


The sort-of conclusion of my entry at MediaScout today was that print media are adapting well to their online platforms and keeping up with the upstart web-based Joneses. But in short, it means these kinds of things will continue to happen:

Canada’s biggest newspaper publisher, Sun Media, is cutting 600 jobs in Western Canada, Ontario and Quebec as it restructures in the face of harsh economic conditions.

The chain, owned by Montreal-based media giant Quebecor Inc., said Tuesday the cuts will trim about 10 per cent of its workforce and most will fall by the end of the year.

“The news industry is being revolutionized and we have to adapt if we want to remain an industry leader,” CEO Pierre Karl Peladeau said in a release.

As my friend Carl Meyer put it: “Great time to be getting into the business.”


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