Will Lethbridge, Calgary, and Edmonton Newspapers be around in 2012?
Where is the Lethbridge Newspaper Market?
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For Southern Alberta, a market still doing better than most of Canada, one of the unfortunate affects of having decisions made elsewhere is a spin-off of job cuts. Three of Canada’s major media outlets have announced major cuts: (1) Transcontinental Inc. (2) CanWest (owner of Lethbridge’s Global TV) and (3) The CBC .
(1)”Transcontinental Inc. is cutting 1,500 jobs, about 10% of its workforce, across its North American operations and reducing costs to address the economic slide.
Transcontinental is the largest printer in Canada and second-largest newspaper publisher with 170 papers, including 12 dailies and 90 weeklies reaching two million readers.”-Marketing Mag.
The company doesn’t own any Alberta newspapers but does own these eleven Saskatchewan papers:
- Rural Roots
- The Oxbow Herald
- Deep South Star
- Radville Star
- Moose Jaw Times Herald
- The Broadview Express
- The Grenfell Sun
- The Triangle News
- The Prince Albert Daily Herald
- The Southwest Booster
- Moose Jaw This Week Sunday Times
On a side note, my dad worked for a Transcon owned paper that, at its peak, had about 200 employees; today, there are only 12 people still working there.
(2) CanWest
Here’s the list of local market Global Stations owned by CanWest, with Global Lethbridge under a very dark umbrella.
http://www.canwestmediaworks.com/advertising/broadcast/television/conContacts/localMarkets.asp
The following CBC article paints a pretty grim picture,
http://www.cbc.ca/money/story/2009/02/24/f-canwest.html?ref=rss
If you have any new information from “anonymous” local sources, feel free to send it my way.
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