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TAGGED AS POSTMEDIA NETWORK CANADA CORP.

Sandra Mackechnie to head BBC Canadian digital ad sales

Media | 04/27/2015 6:00 pm EDT

BBC Worldwide North America announced Monday that it has appointed Sandra Mackechnie to the position of vice-president for digital ad sales at BBC.com’s Canadian office in Toronto. Mackechnie joins BBC from Postmedia Network Canada Corp., according to a press release, where she was head of digital strategy and vice-president of digital advertising since 2011. Prior to that, she was director of digital sales at Rogers Communications Inc. from 2006 to 2010....

Comp Bureau approves proposed Sun Media sale

Media | 03/25/2015 2:27 pm EDT

The Competition Bureau said Wednesday it will not challenge Postmedia Network Canada Corp.’s purchase of Quebecor Inc.’s English-language Sun Media newspapers. The bureau said in a Wednesday release that the proposed acquisition is unlikely to lessen or prevent competition, citing several reasons including that Postmedia’s broadsheet newspapers do not have a “close rivalry” with Sun Media’s tabloids, and that both are facing increasing competition from free local dailies as well as digital alternatives. “We found that advertisers and readers continue to value print newspapers, despite the growth of online sources as an alternative,” Competition Commissioner John Pecman said in the release. “However, our review concluded that there...

Digital advertising exchange adds 4 companies

Media | 02/19/2015 3:39 pm EST

A coalition called Canada's Premium Audience Exchange (CPAX) said Thursday that four new companies have joined the exchange, which allows website operators to sell digital advertising in real time. CPAX said in a press...

Ratings, revenues never enough to make Sun News Network worthwhile: experts

Media | 02/13/2015 9:59 pm EST

Quebecor Inc. said it took Sun News Network off the air early Friday morning due to “a series of barriers to carriage,” while some experts said the long-struggling channel’s...

Sun News Network close to closing: report

Media | 01/26/2015 10:00 pm EST

Quebecor Inc.'s Sun News Network is close to shutting down, a report on the news website Canadaland said Monday. The report cited unnamed sources as saying negotiations for its acquisition by Moses Znaimer's ZoomerMedia...

ZoomerMedia in talks to buy Sun News: report

Media | 12/09/2014 2:59 pm EST

ZoomerMedia Ltd., the media company led by Moses Znaimer and that caters to the 45-years-and-older age group, is in talks to buy Quebecor Inc.'s Sun News Network, according to a report. Website Cartt reported Tuesday that...

Postmedia reports $11.8-million quarterly loss

Media | 01/09/2014 7:55 pm EST

Postmedia Network Canada Corp., operator of newspapers and news websites across Canada, reported on Thursday an $11.8-million first quarter net loss for the three months ended Nov. 30. Postmedia, which owns brands such as the National Post, the Montreal Gazette and Canada.com, said in a release it earned $6.7 million at the same time last year. Postmedia attributed the loss mostly to $15.3 million in increased restructuring costs, primarily related to outsourcing print production. It also noted a “modest decline” in operating income before depreciation, amortization and restructuring, which was down $3 million, or 6.1 per cent, to $46 million. Revenue for the quarter was $194 million, down $17.7 million, or 8.4 per cent, from the same time a year earlier. Print advertising...