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.


Paul Kuster said...

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.

bigcitylib said...

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.

double nickel said...

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