Wednesday, 16 March 2016

Postmedia sale complicated by unsustainable debt and sagging business model: Don Pittis

CANADA NEWSPAPERS

Postmedia's valiant efforts to keep the wolf from the door do not mean the chain can survive in its current form. A sale by U.S. shareholders will be complicated by burgeoning debt and a collapsing business model, and all Canadians should think in advance about how we should respond to the crumbling giant of Canada's fourth estate.



source CBC | CBC News - Analysis News http://ift.tt/1pmD5Q7

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