(PHOTO: The Stittsville News is one of eight local community papers that will be closed after a swap between Postmedia and Torstar. File photo.)
From our sister site, OttawaStart.com:
Nine Ottawa-area newspapers will be shuttered after a trade between Canada’s two largest newspaper chains.
The swap, announced Monday, saw Postmedia Network Canada Corp. acquire the local newspapers from Torstar Corp. In the deal, Postmedia acquired from Torstar 22 community papers and two commuter dailies and Torstar received from Postmedia 15 community papers and two commuter dailies.
The Ottawa newspapers that Postmedia will close:
- Metro Ottawa;
- Kanata Kourier-Standard;
- Nepean/Barrhaven News;
- Orleans News;
- Ottawa East News;
- Ottawa South News;
- Ottawa West News;
- Stittsville News;
- West Carleton Review.
Postmedia said it would close all newspapers it gained in the deal, except one in Exeter, Ont. Other papers that will be closed include Belleville News, Kingston Heritage and Quinte West News.
The closures will happen by mid-January and are happening in markets served by multiple publications. Postmedia is the owner of the Ottawa Citizen and Ottawa Sun.
About 200 community paper and 50 Metro employees will be let go, the Torstar-owned Toronto Starreported. All will receive severance packages.
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