Industry experts expect Canada’s media landscape to see major changes following the merger of two major newspaper owners.
A leading Canadian newspaper conglomerate, Postmedia Network, announced plans to acquire Quebecor’s Sun Media and 175 of its newspapers. The deal is valued at more than $280 million, according to reports.
If cleared, the takeover will hand the majority of English-language newspapers over to Postmedia. Canada’s Competition Bureau is reportedly planning to probe the takeover to examine its effects on competition within the nation’s print media industry.
Full content: The Guardian
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