Thursday, 30 April 2009

Tell me why (I don't like Mondays)

Or "National Post deathwatch part 23"

National Post stops Monday editions in summer

As CanWest sinks further and further into debt and tries desperately to stave off its creditors the company has announced that its flagship newspaper will not be publishing on Mondays through the summer. Think of this as the Aspers' version of "Rae Days".

Post publishers Paul Godfrey and Gordon Fisher are trying to put the best face they can on this move stating in their Note to Readers that "this change is in some respects simply a return to what used to be the norm. Financial Post, the 102-year-old heart of our newspaper, prospered for years as a Tuesday-to-Saturday publication." Somehow, I think most Post employees and readers don't see this retreat as a nod to nostalgia.

As CanWest tries to sell of non core assets and dead weight in an attempt to remain solvent the Aspers will have to, sooner rather than later, decide the ultimate fate of the National Post which has never once returned a profit in its ten year history. Chances are that by the end of the summer it won't be just Mondays on which the Post won't be publishing.
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