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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