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Postmedia Network Canada Corp.

Posted on January 17, 2021January 26, 2021

Postmedia Network Canada Corp. (also known as Postmedia Network, Postmedia News or Postmedia) is a Canadian media conglomerate consisting of the publishing properties of the former Canwest, with primary operations in newspaper publishing, news gathering and Internet operations.

The company’s strategy has seen its publications invest greater resources in digital news gathering and distribution, including expanded websites and digital news apps for smartphones and tablets.

This began with a revamp and redesign of the Ottawa Citizen, which debuted in 2014. In October 2018, it was reported that CEO Andrew MacLeod declared the company “insufficiently conservative” which resulted in Kevin Libin, who played an active role in defeating a union drive at the paper earlier that year, to take charge of all political reporting and analysis in Postmedia newspapers to ensure the newspapers became more “reliably conservative”.

Postmedia is currently 66% owned by an American media conglomerate (Chatham Asset Management), known for its close ties to the Republican Party (United States).

Traded as:           TSX: PNC.A, PNC.B

Industry:              Mass media

Predecessor:       Canwest

Founded:             July 13, 2010; 10 years ago

Headquarters:    Toronto, Ontario, Canada

Products:             Newspapers, Media Websites, News Content

Website:              www.postmedia.com

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