Thursday, 12 March 2009

CP re CP

This is a link to the Canadian Press story announcing Quebecor Media is pulling out of the national news service as of June 2010.

The story says a Quebecor Media spokeswoman confirmed Wednesday that chief executive officer Pierre Karl Peladeau sent an internal memo to staff that said the company intended to leave the co-operative and pursue its own news agency.

It also says Quebecor's decision comes as CP, now in its 91st year, undergoes its own structural changes.

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