Monday, November 27, 2017

Postmedia to close community newspapers in Stratford, London, St. Thomas

A deal between media giants Postmedia and Torstar will result in the closing of many community newspapers, the CBC reports.
In this region, Our London will be closed, as will the St. Mary's Journal-Argus, the St. Mary's Weekender, the St. Thomas/Elgin Weekly News and the Stratford City Gazette.
The St. Mary's Journal-Argus has been publishing since the mid 1850s.
"This transaction allows Postmedia to focus on strategic areas and core products, and allows us to continue with a suite of community-based products, in a deeply disrupted industry," said Postmedia CEO Paul Godfrey in a statement.
Torstar bought eight community publications, seven daily newspapers and two free dailies from Postmedia.

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