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

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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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One (Or More) of Peterborough's High Schools May Close

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Imagine your high school that you are attending, or attended, closing. Well that's now become a distinct possibility for four Peterborough schools—Adam Scott, Kenner, TASSS and PCVS—as Kawartha Pine Ridge District School Board will review the possible closure of at least one of these schools due to plummeting enrollment at the schools. This is sure to be a controversial process, and the school board is welcoming input from the community at a series of community meetings starting in February.


[chextvDOTcom; Peterborough Examiner]

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Remembering Those Who Have Served & Sacrificed (And Those Who Continue To Do So)

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