181:, via the newly formed parent company SaltWire Network. The company had begun a gradual exit from mainstream publishing in order to focus on specialty media and educational publishing. The exact purchase price was not disclosed, although business analysts estimated that the publications were worth approximately $ 30 million in total. The transaction was criticized by a number of analysts, as it occurred in the middle of a
274:
against
Transcontinental, accusing it of overstating and misrepresenting details surrounding the revenue of the papers it had acquired. The company threatened a counter-suit, stating that the sale was "conducted based on fair, accurate and timely information", and accusing SaltWire of failing to
262:
into a weekly delivered free to consumers as a flyer wrap. This resulted in the layoff of around 30 employees. Independent delivery contractors were also affected. At the same time, it was announced that the two
Labrador weeklies would merge into one called
189:
employees during which the paper had claimed declining revenues as its reason for demanding major concessions including wage reductions, reduced pension contributions and the removal of several staff divisions from the bargaining unit.
632:
748:
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In March 2024, both lender Fiera
Private Debt and SaltWire applied to place the media company under creditor protection. Fiera was owed over $ 32 million. On July 26, 2024,
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As of 2024, the company employs about 800 independent contractors and 390 staff (including
Halifax Herald Ltd.)
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https://www.cbc.ca/news/canada/nova-scotia/postmedia-completes-1m-purchase-saltwire-1.7305052
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825:
511:
234:
In March 2019, SaltWire announced the sale of 10 of its buildings across
Atlantic Canada.
201:, from a subscriber model to a free total market product deliver as a flyer package wrap.
139:
97:
781:"Transcontinental defends sale of East Coast newspapers to SaltWire in wake of lawsuit"
238:
633:"Big deal a shocker: Herald's purchase of Transcontinental assets surprises observers"
951:
504:
182:
593:
297:
253:
550:
373:
80:
17:
356:
47:
850:"SaltWire sues former newspaper chain owner over revenue 'misrepresentation'"
564:"Postmedia plans to buy Atlantic Canada's insolvent SaltWire newspaper chain"
279:
242:
194:
135:
107:
589:"Halifax Chronicle Herald buys Transcontinental papers in Atlantic Canada"
682:
666:
152:. The company was formed in 2017 via its purchase of 27 newspapers from
246:
228:
696:"'No pleasure' in amalgamating 4 community newspapers, says SaltWire"
663:"Chronicle Herald buys all Atlantic Canadian Transcontinental papers"
457:
237:
Also in March 2019, the company terminated its affiliation with the
876:"Transcontinental defends its sale of Atlantic Canada media assets"
928:"Postmedia enters agreement to buy SaltWire chain of newspapers"
547:"How SaltWire became the largest media group in Atlantic Canada"
679:"Labour minister defends article in striking Chronicle Herald"
608:"Transcontinental selling 93 newspapers in Ontario and Quebec"
177:
announced its acquisition of 27 newspapers in the region from
749:"SaltWire puts number of its newspaper buildings up for sale"
227:
In March 2019, all SaltWire publications introduced metered
118:
241:
newswire service, opting instead to become a client of
134:
is a
Canadian newspaper publishing company owned by
113:
103:
91:
71:
53:
43:
35:
138:. Saltwire owns 23 daily and weekly newspapers in
801:"The Western Star goes weekly | The Western Star"
252:In April 2019, SaltWire announced it was turning
903:"SaltWire Network files for creditor protection"
270:In April 2019, SaltWire filed a lawsuit in the
926:Yarr, Kevin; Walton, Victoria (Jul 26, 2024).
220:, and merged them into a free weekly known as
8:
224:—which began publication on August 1, 2018.
30:
720:"SaltWire launching metered paywall Monday"
282:entered an agreement to purchase SaltWire.
193:In June 2018, Saltwire Network changed the
29:
973:Mass media companies established in 2017
963:Companies based in Halifax, Nova Scotia
528:
968:Canadian companies established in 2017
775:
773:
204:In July 2018, Saltwire Network closed
27:Canadian newspaper publishing company
7:
978:2017 establishments in Nova Scotia
275:"fulfil its payment obligations".
25:
824:Whitten, Elizabeth (2022-12-23).
882:. Canadian Press. April 11, 2019
641:. April 13, 2017. Archived from
685:Nova Scotia, November 16, 2016.
1:
958:Newspaper companies of Canada
901:Hoffman, Josh (2024-03-11).
669:Nova Scotia, April 13, 2017.
272:Supreme Court of Nova Scotia
267:which closed a year later.
994:
59:; 7 years ago
826:"The Case for Local News"
475:Valley Journal Advertiser
328:Annapolis Valley Register
291:Newfoundland and Labrador
197:-based weekly newspaper,
444:The Tri-County Vanguard
171:'s independently owned
805:www.thewesternstar.com
179:Transcontinental Media
132:SaltWire Network Inc.
31:SaltWire Network Inc.
730:on February 25, 2019
638:The Chronicle Herald
493:Prince Edward Island
369:The Chronicle Herald
174:The Chronicle Herald
145:The Chronicle Herald
512:The Journal-Pioneer
432:South Shore Breaker
265:The Labrador Voice,
167:On April 13, 2017,
32:
786:The Globe and Mail
759:on March 27, 2019
645:on April 23, 2017
597:, April 13, 2017.
553:, April 13, 2017.
408:Cole Harbour Wire
380:Clayton Park Wire
222:The Central Voice
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128:
16:(Redirected from
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856:. April 10, 2019
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789:. 12 April 2019.
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755:. Archived from
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726:. Archived from
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345:Cape Breton Post
315:The Central Wire
259:The Western Star
187:Chronicle Herald
154:Transcontinental
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18:Saltwire Network
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570:. July 26, 2024
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414:Cumberland Wire
398:Colchester Wire
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309:West Coast Wire
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140:Atlantic Canada
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239:Canadian Press
218:The Nor'wester
210:The Advertiser
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440:(Free weekly)
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394:(Free weekly)
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392:Cobequid Wire
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388:(Free weekly)
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935:. Retrieved
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858:. Retrieved
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833:. Retrieved
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808:. Retrieved
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761:. Retrieved
757:the original
753:The Telegram
752:
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732:. Retrieved
728:the original
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714:
703:. Retrieved
699:
690:
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647:. Retrieved
643:the original
636:
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615:. Retrieved
611:
602:
594:Toronto Star
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584:
572:. Retrieved
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531:
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500:The Guardian
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426:Halifax Wire
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386:Coastal Wire
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338:Bedford Wire
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298:The Telegram
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286:Publications
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254:Corner Brook
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72:Headquarters
36:Company type
568:Toronto Sun
551:Global News
486:Valley Wire
374:Nova Scotia
322:Nova Scotia
199:The Compass
93:Area served
81:Nova Scotia
952:Categories
912:2024-03-11
835:2024-07-26
810:2019-04-11
763:2022-01-16
734:2022-01-16
705:2019-03-26
649:2022-01-16
524:References
517:Summerside
464:Truro News
362:Antigonish
357:The Casket
303:St. John's
206:The Beacon
142:including
48:Mass media
860:April 11,
280:Postmedia
243:Postmedia
214:The Pilot
195:Carbonear
136:Postmedia
121:.saltwire
108:Postmedia
937:July 26,
932:CBC News
886:June 30,
880:CBC News
854:CBC News
683:CBC News
667:CBC News
617:18 April
612:CBC News
574:July 26,
454:The News
448:Yarmouth
229:paywalls
44:Industry
480:Windsor
332:Windsor
256:-based
247:Reuters
169:Halifax
163:History
150:Halifax
114:Website
77:Halifax
62: (
54:Founded
458:Pictou
350:Sydney
183:strike
86:Canada
39:Public
468:Truro
402:Truro
104:Owner
939:2024
888:2019
862:2019
619:2017
576:2024
245:and
216:and
123:.com
64:2017
57:2017
700:CBC
185:by
148:in
119:www
954::
930:.
905:.
878:.
852:.
828:.
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783:.
772:^
751:.
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