Given the increasing rarity of press cartoonist positions in Canada, the dismissal of award-winning cartoonist Michael de Adder is a sign, for some, that the profession’s best days may now be behind us. Michael de Adder was dismissed by The Chronicle Herald, a Halifax-based newspaper.
Postmedia has been given court approval to buy SaltWire, Atlantic Canada's largest newspaper chain, for $1M. The company has said that there will be job cuts among SaltWire’s 363 employees and 800 contractors, but no specific details have been provided.
- Layoff
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Information and cultural industries
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Added on 2024-08-13
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Nova Scotia
- globalnews.ca
KSV Restructuring, the court-appointed monitor overseeing the restructuring process for two insolvent media companies, SaltWire Network and The Halifax Herald Ltd., stated that Postmedia offered to purchase them for $1M, which was the highest bid.
Postmedia has agreed to purchase SaltWire, Atlantic Canada's largest newspaper chain, and hopes to close the deal by August 26. Saltwire has over 20 papers including Halifax’s Chronicle Herald, The Guardian in Charlottetown, and The Telegram in St. John's.
- Other type of event
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Information and cultural industries
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Added on 2024-07-26
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Nova Scotia
- cbc.ca
Talks are still underway to keep Saltwire operating, after the company applied for bankruptcy protection in March. One unnamed buyer is being considered. Some of Saltwire’s affiliated companies will be shut down or sold, while Door Direct will continue.
- Other type of event
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Information and cultural industries
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Added on 2024-06-21
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Nova Scotia
- cbc.ca
Non-binding offers were made to buy all or part of SaltWire Network Inc., including some who want to keep the business running. The media companies employ about 800 independent contractors and 390 staff. Binding offers will be required by May 24.
- Other type of event
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Information and cultural industries
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Added on 2024-04-28
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Nova Scotia
- cbc.ca