Despite increasingly generous government subsidies, both companies are still hemorrhaging cash, with Postmedia alone losing $36.7 million over the first six months of 2023 (after losing $26.5 million over the same period in 2022).

Source: https://www.nationalobserver.com/2023/06/29/opinion/canadas-journalism-industry-bleeding-out

Hugenholtz's report also says the bylaw draft was sent to Postmedia Network Inc., the company that purchased Brunswick News Inc. in 2022, for input but none was received.

Source: https://www.cbc.ca/news/canada/new-brunswick/saint-john-council-bylaw-flyers-1.6813595?cmp=rss

“Right now, the city has no lobbyist registry, so we have no idea who is meeting with council and administration and what their meetings are regarding,” he told Postmedia.

Source: https://edmontonjournal.com/news/local-news/janz-calls-for-lobbyist-registry-in-wake-of-untendered-26-5m-pedway-contract

The memo comes a day after an audio recording of a Postmedia town hall obtained by The Canadian Press revealed cuts would be made to the company’s roster of 650 journalists.

Source: https://www.cornwallseawaynews.com/ontario-news/postmedia-shuffles-editors-day-after-announcing-11-per-cent-of-staff-to-be-laid-off/