Metroland Seeking Bankruptcy Protection; Ceasing All Print Publications and Moving To Online-Only Model

Metroland Media is seeking protection under the Bankruptcy and Insolvency Act as they are restructuring its operations while laying off roughly 605 employees in an announcement made by the company on Friday morning.

Peterborough Examiner’s newsroom office left its Hunter Street location in the summer of 2020. Photo by David Tuan Bui.

The layoffs are almost two-thirds of the workforce while 71 of their newspapers are moving to a digital model according to the announcement.

The decision is due to the unsustainable financial losses of changing preferences of advertisers and consumers as stated by Metroland.

Jordan Bitove of Nordstar says they will continue to publish six daily newspapers in both print and digital formats. These include publications such as the Toronto Star, the Hamilton Spectator, St. Catharines Standard, Niagara Falls Review, Welland Tribune, Waterloo Region Record and locally, Peterborough Examiner. These outlets are continuing to serve in both print and digital formats.

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