It is highly likely that the daily newspapers Toronto Sun and Toronto Star will merge.<\/p>\n
Postmedia and Nostar Capital, the conglomerates that own Sun and Star respectively, announced that they are currently pursuing a merger.<\/p>\n
When the merger is completed, Toronto Star’s banker and Nostar’s CEO, Jordan Vitov, will become chairman, and Postmedia’s CEO, Andrew McLeod, will become CEO.<\/p>\n
“We are promoting a merger to strengthen competitiveness and reduce costs,” McLeod said.<\/p>\n
However, there is no guarantee that the quality of articles will increase even if they are combined. Toronto loses that much media diversity.<\/p>\n
Christopher Wardell, professor emeritus of journalism at Carleton University, pointed out, “The question is whether their media power will become stronger after the merger is unknown.”<\/p>\n
In addition to the Toronto Sun, Postmedia, which owns the National Post, the Vancouver Sun, and the Calgary Herald, has recently struggled without making a profit. The Toronto Star also cut many people, including reporters and columnists, as its finances deteriorated.<\/p>\n","protected":false},"excerpt":{"rendered":"