Postmedia Network Inc. says 9 of its urban daily newspapers will not be printed and delivered on Mondays efficient Oct. 17.
Postmedia spokesperson Phyllise Gelfand says the Vancouver Sun, The Province, Calgary Herald, Calgary Sun, Edmonton Journal, Edmonton Sun, Ottawa Citizen, Ottawa Sun and Montreal Gazette will all be affected.
She says the ePaper variations of the affected newspapers — a digital reproduction of the print edition — will nonetheless be revealed on Mondays and the respective web sites will nonetheless be up to date with tales and information content material.
Gelfand says Postmedia made the choice as readers’ habits proceed to change.
Postmedia has a “robust digital offering” and is focused on “going the place [its] readers are,” she mentioned.
There aren’t any jobs cuts tied to this transfer by the corporate, she added.
Postmedia skilled a $16.8 million internet loss in its 2022 fiscal third quarter, in accordance to a launch, in contrast to a acquire of $8.7 million the earlier yr. The firm linked the loss to quite a few components together with a lower in working revenue and a rise in restructuring bills.
It mentioned the COVID-19 pandemic additionally resulted in 12 months of declines in promoting income.
In 2020, Postmedia notified unionized staff on the Vancouver Sun and The Province that it supposed to scale back wage bills by 15 per cent by way of voluntary buyouts or layoffs.
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