National Post makes money; bleeds dailies dry

Well, PostMedia announced recently that the NP, after 13 years, was making money. It also announced that the “profit” are largely due to $17.3 million in costcutting across the chain, mostly for salaries in the dailies. I’m sure they feel real good about that across the chain; they are profitable, so they take staff cuts to prop up a “national” newspaper that wouldn’t float otherwise.

In other news, PostMedia announced again that it would start charging for users for on-line access, again following the crowd.

And in local news, I’ve let my subscription to the Leader Post lapse. I finally got fed up with paying $400 a year to read every morning what I read the day before on the web. I used to spend ten minutes a day on the L-P and eight minutes of that was on Wonderword.

Tomorrow, I’ll do something positive, and examine a newspaper model in Canada that works and should be emulated if the daily business wants to survive in the digital age.

Gazoo drops Sunday edition

The Montreal Gazette (Gazoo to Aislin) announced it’s dropping its Sunday edition in August. Is this the first great step of the day old PostMedia, cutting back (again.) With the National Post dropping its Monday edition this summer, for the second year in a row, is this the dawning of the Tuesday to Saturday newspaper (which some US papers have done, sometimes going to three or four “dailies” a week.

CBC, July 16 2010

Networks lobby for more local news cutbacks

Within two weeks of CRTC announcing a new $61 million fund for small-market (under one million people) outlets to beef up local news programming, the three major television networks are already lobbying CRTC to cut costs by cutting budgets (i.e. staff) for local news broadcasts. Write the CRTC: don’t fall for this.

Globe and Mail, Nov. 24 2008