Monday, February 11, 2008

Transcontinental shuts Halifax Daily News; launches Metro


 

The Daily News has been a great local source of pro-FOI articles for the Coalition and will be missed.


 

Greg

RTKNS web admin


 


 


 

Transcontinental shuts Halifax Daily News; launches Metro

Grant Surridge,

Financial Post 

Published: Monday, February 11, 2008

Montreal-based Transcontinental Media said on Monday that effectively immediately it will no longer publish the Daily News of Halifax.

The publisher plans to launch a free daily newspaper called Metro, in partnership with Metro International S.A. and Torstar Corp., with the first issue hitting the streets next Thursday.

Transcontinental acquired the Daily News tabloid in 2002. It is the second-largest newspaper in Halifax, with a circulation of about 20,000.

"We worked hard to deliver an economically viable newspaper in the Halifax market with The Daily News," said Marc-Noel Ouellette, senior vice president of the newspaper group at Transcontinental Media.

In Canada, Metro papers are published in Vancouver, Edmonton, Calgary, Toronto, Ottawa, and Montreal, where Transcontinental is also its publisher and printer. Aimed at commuters, the tabloid-format publications typically employ a mix of wire copy and original writing.

The 92 employees with The Daily News will be offered severance and outplacement services, Transcontinental said, and "a few will find employment opportunities within the Transcontinental network in Nova Scotia."

 
 

Inserted from <http://www.financialpost.com/story.html?id=301329>