Tawdry fall of the Postmedia newspaper empire

Postmedia is a national media giant with nearly 200 papers, magazines and websites. Its dailies reach 6.3 million Canadian readers every week, with some of its best-known papers including the National Post, Vancouver Sun, Calgary Herald, Edmonton Journal, Regina Leader-Post, Winnipeg Sun, The London Free Press, Ottawa Citizen and Montreal Gazette.
But Postmedia is also a ship taking on water, due to both self-inflicted and industry-wide wounds.
Of the self-inflicted variety, Postmedia was pilloried last month in the run-up to the federal election after its Toronto executives ordered 16 of its major daily newspapers to run editorials endorsing Stephen Harper. (Postmedia did the same thing last spring during Alberta’s provincial election, forcing its papers there to back Jim Prentice’s Tories).
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