Reports on Quebecor Inc.'s agreement to spin off to Torstar Corp. four of Sun Media's Ontario broadsheets. Amount that Torstar agreed to pay for the newspapers; Canada's largest newspaper group; Plan by the two companies to work together on future deals.
Discusses `Toronto Star' newspaper's purchase of an equity interest in the parent company of Sing Tao Daily, a Chinese newspaper printed in Canada. Terms under agreement; Chinese readers' interest in Canadian news reporting.
Relates how Andrew McCredie, editor of the community paper, the 'North Shore Outlook' in North Vancouver, British Columbia, caught its rival 'North Shore News' which he suspected of plagiarizing his paper's sports listings and results.
The article provides information about the report by auditing and professional service firm PricewaterhouseCoopers regarding the newspaper industry worldwide. It revealed a 38 percent decline in advertising revenue of U.S. and Canadian papers since 2005, and an estimated additional 16 percent fall in the next three years. It also showed a 0.5 percent growth in 2009 revenues of newspapers in the Latin American region which it attributed to low broadband penetration.
Discusses the consequences of Hollinger Inc. chairman Conard Black's decision to renounce his Canadian citizenship. Criteria for considering a newspaper Canadian; Impact of Black's decision on the qualification of the 'National Post' as a Canadian-owned newspaper; Possibility of transfer of Black's stake in the paper to his wife Barbara Amiel.
Published
2001
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