Quebecor folds Canoe into Sun papers

Quebecor announced today in a news release replete with corporate jargon that Canoe is moving into the Sun newspaper chain. From this will emerge synergies, multidisciplinary teams, launching from multiple platforms and so on. I wish they just admitted they had a bad model and are working to fix it. As for launching from multiple platforms, I vaguely recall Conrad Black saying that the new Hollinger was going to do that after the sale of Southam to the Aspers. Since then, the only launching from multiple platforms Lord Black has been doing is launching appeals from his Florida prison cell.

Marketwire, May 13 2009

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