Newspaper article The Canadian Press

National Audio 4:05 PM ET

Newspaper article The Canadian Press

National Audio 4:05 PM ET

Article excerpt

National Audio 4:05 PM ET

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NAT119 - (Postmedia-Godfrey) TORONTO. x-12s. Postmedia Network C-E-O Paul Godfrey says he thinks more Canadian newspapers will close in the next few years but printed news will still exist a decade from now. He is defending a deal announced last week where Postmedia and Torstar agreed to trade 41 newspapers and close 36 of them, mainly in Ontario regions served by multiple publications, at a cost of nearly 300 jobs. ("..competing newspapers.") (SOURCE:The Canadian Press)

TAG: Godfrey says in an interview he doesn't think Torstar got the better of the deal, even though it is keeping open four of the seven small daily newspapers it bought from Postmedia and Postmedia is closing all but one of the newspapers it bought from Torstar.

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NAT120 - (Postmedia-Godfrey) TORONTO. …

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