Postmedia Network
Canadian media company / From Wikipedia, the free encyclopedia
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Postmedia Network Canada Corp.[3] (also known as Postmedia Network, Postmedia News or Postmedia) is a foreign-owned Canadian-based media conglomerate[4] consisting of the publishing properties of the former Canwest, with primary operations in English-language newspaper publishing, news gathering and Internet operations. It is best known for being the owner of the National Post and the Financial Post. The company is headquartered at Postmedia Place on Bloor Street in Toronto.[5]
Formerly | Canwest Limited Partnership (2000–2010) |
---|---|
Company type | Public |
Industry | Mass media |
Predecessor | Canwest |
Founded | July 13, 2010; 13 years ago (2010-07-13) |
Headquarters | 365 Bloor Street East Toronto, Ontario M4W 3L4 |
Products | Newspapers, media websites, news content |
Revenue | $458.2 million CAD (2022)[1] |
Owner |
|
Number of employees | 2,006[2] |
Website | postmedia |
The company's strategy has seen its publications invest greater resources in digital news gathering and distribution, including expanded websites and digital news apps for smartphones and tablets.[6] This began with a revamp and redesign of the Ottawa Citizen, which debuted in 2014.[6]
66% of Postmedia is currently owned by American media conglomerate Chatham Asset Management.[7]