Postmedia Network

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Postmedia Network Canada Corp.
Type Public
Traded as TSXPNC.A
TSXPNC.B
Industry Newspaper publishing
Predecessor(s) Canwest Global Communications Corporation
Founded 2010
Headquarters Toronto, Ontario, Canada
Key people Paul Godfrey - President
Products Newspapers
Revenue Decrease CAD$1.019 billion (2011)[1]
Employees 5,500
Subsidiaries Postmedia News
Website Postmedia Network

Postmedia Network Canada Corp. (TSXPNC.APNC.B) is a Canadian media company headquartered in Toronto, Ontario, consisting of the publishing properties of the former Canwest, with primary operations in newspaper publishing, news gathering and Internet operations.

The ownership group was assembled by National Post CEO Paul Godfrey in 2010 to bid for the chain of newspapers being sold by the financially troubled Canwest (the company's broadcasting assets were sold separately to Shaw Communications). Godfrey secured financial backing from U.S. private-equity firm Golden Tree Asset Management as well as other investors. The group completed a $1.1 billion transaction to acquire the chain from Canwest on July 13, 2010. The new company has over 5,500 employees.[2] The company's shares were listed on the Toronto Stock Exchange in 2011.[3]

Contents

Assets [edit]

Advertising [edit]

  • The Flyer Force
  • Go!Local

Publishing [edit]

Newspapers [edit]

Magazines [edit]

Online [edit]

Software [edit]

Other properties [edit]

See also [edit]

Other media groups in Canada include:

Related articles [edit]

References [edit]

  1. ^ 2011 Annual Report, Postmedia Network Canada Corp., 2011 
  2. ^ "Postmedia Network opens new era for newspaper chain", Financial Post, 13 July 2010. Retrieved 1 June 2012.
  3. ^ Postmedia begins trading on TSX

External links [edit]