Metro Ottawa, weekly newspapers shutting down after Postmedia acquisition
Posted Nov 27, 2017 10:24:48 AM.
Last Updated Nov 27, 2017 11:06:53 AM.
This article is more than 5 years old.
OTTAWA – Postmedia has acquired and is closing the free daily Metro, as well as eight weekly local newspapers in Ottawa.
Postmedia is trading papers with the Toronto Star, which gets 17 daily and weekly local newspapers in the Golden Horseshoe and southwestern Ontario.
Postmedia gets the Kanata Kourier-Standard, the Nepean/Barrhaven News, the Orleans News, Ottawa East News, Ottawa South News, Ottawa West News, the Stittsville News and the West Carleton Review. All newspapers will cease publication.
Related:
Torstar and Postmedia swap newspapers; Postmedia plans to close most acquired
Postmedia will close a total of 22 papers, while Torstar will close 13. In a statement, Postmedia’s CEO says the continuing costs of running those local community newspapers in the face of significantly declining advertising revenues means that most of them no longer have viable business models.
Some employees have already tweeted that they’ve been informed they have lost their jobs and that there will be no Metro published tomorrow in Ottawa.