SaltWire Network

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SaltWire Network
Public
IndustryMass media
Founded2017
Headquarters,
Canada
Area served
Atlantic Canada
Key people
Mark Lever, CEO
Productsnewspapers
Websitehttp://saltwire.com/

SaltWire Network is a Canadian newspaper publishing company, which owns and publishes 35 daily and weekly newspapers in Atlantic Canada.[1] The company was formed in 2017, when Halifax's independently-owned The Chronicle Herald acquired 27 newspapers in the region from Transcontinental Media.[2] Combined with the Chronicle Herald's existing community newspaper holdings, the new company will publish 35 titles overall.[1]

The exact purchase price was not disclosed, although business analysts estimated that the publications were worth approximately $30 million in total.[3]

History[edit]

The transaction was criticized by a number of analysts,[4] as it occurred in the middle of a strike by Chronicle Herald employees during which the paper had claimed declining revenues as its reason for demanding major concessions including wage reductions, reduced pension contributions and the removal of several staff divisions from the bargaining unit.[5]

In March 2019, all SaltWire Network publications introduced metered paywalls.[6]

Publications[edit]

New Brunswick[edit]

Newfoundland and Labrador[edit]

Nova Scotia[edit]

Prince Edward Island[edit]

References[edit]

  1. ^ a b "How SaltWire became the largest media group in Atlantic Canada". Global News, April 13, 2017.
  2. ^ "Halifax Chronicle Herald buys Transcontinental papers in Atlantic Canada". Toronto Star, April 13, 2017.
  3. ^ "Big deal a shocker: Herald’s purchase of Transcontinental assets surprises observers". The Chronicle Herald, April 13, 2017.
  4. ^ "Chronicle Herald buys all Atlantic Canadian Transcontinental papers". CBC News Nova Scotia, April 13, 2017.
  5. ^ "Labour minister defends article in striking Chronicle Herald". CBC News Nova Scotia, November 16, 2016.
  6. ^ "SaltWire launching metered paywall Monday | Cape Breton Post". Cape Breton Post. Retrieved 2019-03-18.