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Creditors approve Metroland restructuring proposal following announced job cuts – Winnipeg Free Press

Breaking News, Sports, Manitoba, Canada

Metroland Media creditors approve debt restructuring, company avoids bankruptcy

The company, owned by Nordstar Capital LP, operated more than 70 community news outlets, but has since shut down all of its weekly print publications and now only maintains regional websites

Creditors approve Metroland restructuring proposal following announced job cuts

Creditors approve Metroland restructuring proposal following announced job cuts

Creditors approve Metroland restructuring proposal following announced job cuts

Dec. 4: Blackadar could house homeless and other letters

‘What is the point of saving the environment if there is no music? We can and we must have both.’

Nov. 27: Garden vandals are despicable and other letters

‘Unprecedented property tax hikes along with exorbitant water rate hikes will see many of us seniors unable to afford to live in homes that we own.’

Newspaper publisher Metroland offers creditors 13 cents on the dollar for $70-million debt

Legal documents show the company’s readership and revenue have been dropping by more than 10 per cent each year for the past three years, while costs have remained constant

Hamilton Spectator losing its office space as parent company Torstar tries to save money

The Hamilton Spectator is losing its office space as its owner tries to save money, CBC Hamilton has learned. It means one of Ontario's longest-running newspapers will no longer have a physical newsroom.

Toronto Star parent company names new CEO, newspaper 'parting ways' with ex-president