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Thursday, January 10, 2013

Postmedia Continues Its Failing Failure


TORONTO - Postmedia Network Canada Corp. (TSX:PNC.A) had $8.3 million of net income and $26.7 million of operating income in its latest quarter, both down from a year earlier.

The Toronto-based publisher's revenue also fell, dropping to $211.7 million in the three months ended Nov. 30 from $231 million a year earlier.

I think I saw Jonathon Kay outside their building on Don Mills this morning.  He was boiling his belt for the extra calories.
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3 comments:

  1. Paul Kuster5:24 PM

    In related news, Torstar saw it's 3rd quarter (2012) net income fall from $25.2 million down to $14.1 million.
    Huffington Post

    Watching for the asteroid.

    ReplyDelete
  2. bigcitylib8:11 PM

    They can all go down in flames for all I care. But, in Canada, the right-wing ones are going down way quicker. I hope to order a big mac and fries from Rex Murphy one day, and get him fired for his insolence.

    ReplyDelete
  3. double nickel9:37 PM

    @bcl..where's the "like" button? :)

    ReplyDelete