Postmedia Network Canada Corp. (“Postmedia” or the “Company”) today
announced the Company has entered into a print outsourcing agreement
with TC Transcontinental Printing for the production of The Gazette
newspaper in Montreal, beginning August, 2014.
About Postmedia Network Canada Corp.
Postmedia Network
Canada Corp. (TSX:PNC.A, PNC.B) is the holding company that owns
Postmedia Network Inc., the largest publisher by circulation of paid
English-language daily newspapers in Canada, representing some of the
country’s oldest and best known media brands. Reaching millions of
Canadians every week, Postmedia engages readers and offers advertisers
and marketers integrated solutions to effectively reach target audiences
through a variety of print, online, digital, and mobile platforms.
Forward-Looking Information
This news release may include
information that is “forward-looking information” under applicable
Canadian securities laws and “forward-looking statements” within the
meaning of the U.S. Private Securities Litigation Reform Act of 1995.
The Company has tried, where possible, to identify such information and
statements by using words such as “believe,” “expect,” “intend,”
“estimate,” “anticipate,” “may,” “will,” “could,” “would,” “should” and
similar expressions and derivations thereof in connection with any
discussion of future events, trends or prospects or future operating or
financial performance. Forward-looking statements in this news release
include statements with respect to the future outsourcing of the
Company’s Montreal-based newspaper. By their nature, forward-looking
information and statements involve risks and uncertainties because they
relate to events and depend on circumstances that may or may not occur
in the future. These risks and uncertainties include, among others:
competition from other newspapers and alternative forms of media; the
effect of economic conditions on advertising revenue; the ability of the
Company to build out its digital media and online businesses; the
failure to maintain current print and online newspaper readership and
circulation levels; possible damage to the reputation of the Company’s
brands or trademarks; possible labor disruptions; possible environmental
liabilities, litigation and pension plan obligations; fluctuations in
foreign exchange rates and the prices of newsprint and other
commodities. For a complete list of our risk factors please refer to the
section entitled “Risk Factors” contained in the Company’s management’s
discussion and analysis for the years ended August 31, 2013 and 2012.
Although the Company bases such information and statements on
assumptions believed to be reasonable when made, they are not guarantees
of future performance and actual results of operations, financial
condition and liquidity, and developments in the industry in which the
Company operates, may differ materially from any such information and
statements in this press release. Given these risks and uncertainties,
undue reliance should not be placed on any forward-looking information
or forward-looking statements, which speak only as of the date of such
information or statements. Other than as required by law, the Company
does not undertake, and specifically declines, any obligation to update
such information or statements or to publicly announce the results of
any revisions to any such information or statements.
Copyright Business Wire 2014