We are being made monkeys of by the hedge funds and private equity firms which have scooped up most of our largest newspapers and turned these formidable weapons of mass propaganda on us. The vulture capitalists are laughing all the way to the bank while we shower them with bailout money and blame Big Tech for not sitting still to be similarly fleeced.
The following excerpt was sent out from westernwheel.ca: Métro Média will declare bankruptcy this week, permanently ending its coverage of local government in…
/CNW/ - The announcements that Ontario community newspaper publishers Metroland Media Group and Quebec-based Métro Média have gone bankrupt will see fewer.
Métro Média to declare bankruptcy as local journalism takes another hit - Business News castanet.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from castanet.net Daily Mail and Mail on Sunday newspapers.
CEO Andrew Mule said the decision was made after the company abruptly suspended operations at its more than 30 hyperlocal publications, including the Journal Métro.