Frank Magazine, the subscriber-only Parliamentary and media tip sheet that is required reading for Ottawa insiders, reported today that Postmedia will merge its big-city dailies in Edmonton and Calgary into a single edition in each city this March.
However, Margo Goodhand, editor-in-chief of the Edmonton Journal, said this afternoon she does not believe the report, which she described as making no sense.
According to Ottawa-based Frank, in addition to merging the Edmonton Journal and the Edmonton Sun and the Calgary Herald and the Calgary Sun into a single newspaper in each city, the financially troubled Toronto-based media conglomerate will do the same thing with the Ottawa Citizen and the Ottawa Sun. Frank said only that the source of its terse 46-word report is reliable. Postmedia Network Canada Corp. lost $263.4 million last year.
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