"Postmedia shoots more hostages to keep debt payments flowing to New Jersey hedge fund
"More bad news could be come soon if Ottawa doesn’t keep the bailout money coming to stop the newspaper chain from sinking..."
Even if you're not in the news business, Marc Edge's new book recounts how Postmedia--the country's biggest print news-corp--came to eternally chew on the government's bailout teat.
Only 36% of Canadians now get news from newspapers. What exactly are we "saving"?
Are we just feeding the buzzards?
The Postmedia Effect is out next week.
Can't wait.
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