Wednesday, 28 May 2008

Globe re 333

Grant Robertson, the Globe and Mail's media reporter, says Quebecor has put the 300,000- square-foot Toronto Sun building up for sale, but has not disclosed an asking price.

We do know condo developers have been advised the prime piece of real estate at 333 King Street East, home to the Toronto Sun since 1975, is available.

Maybe there are some crackerjack real estate agents among TSF's readers who can find the asking price for the property, idled presses and all.

Robertson's story says Quebecor may seek to lease the space from the new owners, but TSF relocation rumours include what's left of Sun staff moving in with Canoe employees nearby.

Employee morale at the Sun must be at an all-time low with a skeleton staff, their home up for sale, two of their best copy editors out the door and a questionable future.

Quebecor's dismantling of the once prosperous, proud and productive newspaper continues.

We can't help thinking about Gordon Gekko's philosophy in the movie Wall Street: "It's all about bucks, kid. The rest is conversation."

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