Canadian Press

Postmedia buys the 27 Saltwire publications in Atlantic Canada for $1 million

Saltwire filed for bankruptcy in March. The pensions of 426 employees will be paid by Canadian taxpayers. Titles include The Chronicle Herald, Cape Breton Post, The Telegram, and The Guardian.

Anja Karadeglija in the Canadian Press

Global News owner Corus and representatives of TorStar, Postmedia, and the Globe & Mail don’t want to wait for Google’s $100 million payout

Rather choose a known entity, Google chose the upstart Canadian Journalism Collective to distribute $100 million to Canadian media. If the CRTC agrees, Google will be exempted from the Online News Act.

Kiernan Green in The Hub

The Online News Act caused a 50% drop in social media engagement for local Canadian news outlets, and a 25% drop for national news

One year after the passing of the Online News Act, the results have been devasting for local media.

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