Nova Scotia judge to decide on Postmedia's $1m bid to acquire SaltWire Network, affecting regional print media landscape and media ownership.
A Nova Scotia judge will decide whether to approve Postmedia's $1m bid to acquire Atlantic Canada's largest newspaper chain, SaltWire Network Inc. and The Halifax Herald Ltd. The insolvent media companies operate newspapers and online publications in Nova Scotia, Prince Edward Island, and Newfoundland and Labrador. Postmedia has demanded unionized editorial staff in Halifax and Cape Breton to change their collective agreements and for unionized staff running the Halifax Chronicle Herald's presses to give up their successor rights under the Nova Scotia Trade Union Act. The judge's decision will impact the region's print media landscape and influence the course of journalism and media ownership in the area.
August 07, 2024
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