While reading the press release, think about:
The 80 talented Toronto Sun newsroom staffers axed since Quebecor purchased Sun Media in 1999;
The loss of key talent in management through resignations;
The loss of numerous other jobs throughout 333 King Street East;
And think about all-time low morale and the lingering fear of more job cuts.
Toronto, Ontario - (CCNMatthews - March 23, 2007) - The Toronto Sun is the fastest growing newspaper in the Toronto marketplace. Data from the independent NADbank shows the Toronto Sun weekday readership was up seven per cent among adult readers 18 and older to 483,400.
"The numbers show clearly that our distribution and content strategies are paying off among discriminating readers in Toronto," said Kin-Man Lee, Publisher and CEO of the Toronto Sun. "When we combine the Toronto Sun and our sister publication, 24 hours, we have the most Toronto readers in the desired 18-49 year old category."
The NADbank research shows that the amount of time adults spend reading a newspaper is stabilizing and that there is incremental growth for readership of the online editions of newspapers, an area where the Sun organization is uniquely positioned to make use of its multimedia, multiplatform assets.
Our question is, does that seven per cent increase on the backs of surviving Toronto Sun employees mean the layoffs and firings are history and the re-hiring of laid off staffers will begin?
Cynics among us think not, especially when reviewing Quebecor's track record.
While Quebecor chief Pierre Karl Péladeau has told the Toronto Sun morphing the tabloid into a free Sun/24 Hours commuter paper is definitely not in the cards, the feeling is there are more cutbacks to come and morphing is inevitable.
So take that seven per cent circulation hike with a pinch of sale and wake us when the tabloid we knew and loved is resuscitated and bursting with enthusiasm and positive vibes.