Thursday, April 26, 2012

Globe and Star merge distribution

The Globe and Mail and Toronto Star have struck a deal that will see them merge their Ontario distribution networks.
Newspapers around the world are struggling to cut costs as print advertising falls off, and the papers said this deal allows them to “contain overall costs by capitalizing on the economies of scale, leverage best practices and create more efficient operations.”
The papers, which are competitors editorially but share ownership of the Canadian Press wire service, said they would continue to “operate separately in all other aspects of their business, including editorial, advertising, sales, production and other products.”

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