Postmedia Network
Canadian media company / From Wikipedia, the free encyclopedia
Dear Wikiwand AI, let's keep it short by simply answering these key questions:
Can you list the top facts and stats about Postmedia Network?
Summarize this article for a 10 years old
Postmedia Network Canada Corp.[3] (also known as Postmedia Network, Postmedia News or Postmedia) is a Canadian media conglomerate[4] consisting of the publishing properties of the former Canwest, with primary operations in newspaper publishing, news gathering and Internet operations. It is best known for being the owner of the National Post and the Financial Post. The company is headquartered at Postmedia Place, located on Bloor Street of Toronto.[5]
 | |
| Formerly | Canwest Limited Partnership (2000–2010) |
|---|---|
| Type | Public |
| TSX: PNC.A, PNC.B | |
| Industry | Mass media |
| Predecessor | Canwest |
| Founded | July 13, 2010 |
| Headquarters | 365 Bloor Street East Toronto, Ontario M4W 3L4 |
| Products | Newspapers, Media Websites, News Content |
| Revenue |  $619.6 million CAD (2019)[1] |
| Owner |
|
Number of employees | 2,006[2] |
| Website | postmedia |
The company's strategy has seen its publications invest greater resources in digital news gathering and distribution, including expanded websites and digital news apps for smartphones and tablets.[6] This began with a revamp and redesign of the Ottawa Citizen, which debuted in 2014.[6]
Postmedia is currently 66% owned by American media conglomerate Chatham Asset Management.[7]