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Print editions reduced again
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All three New Brunswick daily English-language newspapers are scaling back their print editions.Brunswick News will offer printed papers to subscribers three days a week starting March 7, the company announced. The New Brunswick Telegraph-Journal, the Moncton Times & Transcript and the Fredericton Daily Gleaner will appear in print only on Wednesdays, Thursdays and Saturdays.
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Canada's largest newspaper chain . Has been losing money on their printed papers for years
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Postmedia bought the provincial newspaper chain a year ago. Postmedia announced a similar reduction back at three of its small-market Ontario papers in St. Thomas, Sarnia and Owen Sound. The trends in the newspaper industry,including shrinking advertising revenue due to online news and higher costs of printing and distributing printed newspapers. Postmedia has been losing money on it's printed newspapers for years and has been trying to expand it's income from online advertising but total revenue keeps dropping.