Publishing giant sets sights on Canada

Article Abstract:

Modern Times Group (Sweden) has set its sights on a number of Canadian cities as it seeks new markets for its Metro newspaper, a free tabloid aimed at users of public transportation. Metro is a popular publication among commuters who use public transit in European cities, such as Prague and Stockholm. It is distributed in train and bus stations and provides readers with the day's top headlines. It is designed to be read in about 20 minutes, uses large photos and many of its stories are only four or five paragraphs long. The Canadian cities being considered for Metro include Toronto, Montreal and Vancouver. The European publishing giant's key concern in Canada is finding a domestic partners or partners. Canadian law allow foreigners to own up to 25% of Canadian newspapers without restriction. Foreign ownership above that level would not be viable because advertisers would no longer be eligible to deduct the cost of ads in those newspapers as a business expense.

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Commuters under siege as newspaper wars flare up on subways

Article Abstract:

The Toronto Sun and the Toronto Star find themselves in a fierce war for the readership of commuters with competion from newspapers from publishers like Hollinger Inc. and Modern Times Group.

Sales & consumption, Market share, Finance, Hollinger Inc., Toronto Star (Newspaper), Toronto Sun (Newspaper)

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Globe rejoins circulation audit agency

Article Abstract:

The Globe and Mail, which is owned by Toronto, Ont.-based Thomson Corp., will renew ties with the Audit Bureau of Circulations. The newspaper, which has not used ABC for 15 years, is led by publisher and chief executive officer Phillip Crawley.

PRINTING AND PUBLISHING, Printing & Publishing, Publishing industry, Management, Thomson Corp., Globe and Mail (Newspaper)

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