Canadian Publishing Industry News
13 January 2020,     TORONTO
Postmedia Total Revenue Down But Digital Is Up
Postmedia's flagship publication
Postmedia's flagship publication
Postmedia  had a $3-million loss in its first quarter with total revenues declining  8.5 per cent from a year earlier and with print advertising having the biggest decline  .Total  revenue was $156.7 million for the first quarter  ending  Nov. 30, down from $171.3 million a year earlier. Digital advertising revenue was up 11.1 per cent and total digital revenue rose $2.8 million to $35.6 million
-- continuing a three-year-long trend of double-digit revenue growth.Postmedia a
Canadian newsmedia company representing more than 140 brands including  the National Post, Vancouver Province, London Free Press, Ottawa Citizen, Montreal Gazette, Sun Newspapers and other newspapers. 
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Jaded says:
Wow, Torstar really seems to be on a mission to bankrupt one magazine after another....
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Full of terrific information, Thanks!...
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