MONTREAL--(BUSINESS WIRE)--On April 28, 2025, in McGucken v. Valnet Inc., Case No. 24-1040, the U.S. Supreme Court declined to consider a photographer’s challenge to a Ninth Circuit decision affirming dismissal of his copyright infringement claims against Valnet. The Supreme Court’s rejection of the certiorari petition marks the end of the road for photographer Elliot McGucken, whose claims and arguments against Valnet were rejected first by Judge Josephine L. Staton of the Central District of California in January of 2024, and then again by the Ninth Circuit panel last year.
The case involved the applicability of the “server test,” which insulates website operators from liability for copyright infringement when photographs are not “stored” on their servers, but rather are “embedded” on their websites. In 2023, McGucken filed a copyright infringement lawsuit against leading digital media publisher, Valnet, for embedding his photographs in various articles on Valnet’s publication, TheTravel.com. McGucken filed and pursued his lawsuit against Valnet despite binding authority holding that such conduct cannot give rise to copyright infringement. In line with such authority, the district court dismissed the case and the Ninth Circuit affirmed the dismissal, both siding with Valnet on all accounts.
Given the ubiquitous practice of embedding online and the broad implications of this case, Valnet garnered support from high-profile amici who filed briefs supporting its positions. These organizations included Google, Pinterest, the Wikimedia Foundation, the Organization for Transformative Works, the Electronic Frontier Foundation, the Computer & Communications Industry Association, the American Library Association, the Association of Research Libraries, and the Authors Alliance.
The continued viability of the “server test” represents an important win for many industries which disseminate information online, furthering the goals of both copyright law and the Internet.
Valnet was represented in this matter by outside counsel David A. Steinberg, Marc E. Mayer, and Marissa B. Lewis of Mitchell Silberberg & Knupp, as well as its in-house counsel, Yury Smagorinsky, General Counsel and Vice President, Legal Affairs, and Nicholas Turk, Legal Counsel.
About Valnet:
Founded in 2012, Valnet Inc. is a leading digital publishing and media investment company that owns and operates over 25 authoritative publications across diverse verticals, including entertainment, sports, technology, automotive, gaming, lifestyle, and travel. Valnet specializes in acquiring, operating, and growing digital publications that hold strategic importance in their respective markets. A global company, Valnet operates offices in Montreal, Miami, New York, Virginia, and Halifax. Valnet is recognized on the annual Bellwether Publisher list as a publisher operating with high integrity and meeting the highest quality standards.
Contacts
Yury Smagorinsky
VP, Legal Affairs
(514) 733-1010
legal@valnetinc.com
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Dec 15: Finalist Announcement
News provided by Business Wire
TORONTO--(BUSINESS WIRE)--Postmedia Network Inc. (“Postmedia”) is proud to announce a collaborative relationship with the Investigative Journalism Bureau (IJB), reinforcing its commitment to exceptional journalism and the vital role investigative reporting plays in Canada's democracy.
At a time when the media industry continues to face rapid change, this relationship demonstrates Postmedia’s dedication to supporting journalism of the highest calibre, including a strong focus on investigative and long-form journalism. The IJB, based at the University of Toronto's Dalla Lana School of Public Health and led by award-winning investigative journalist Robert Cribb, has established itself as a centre of excellence, producing high-impact journalism that drives public awareness, policy changes, and social progress. IJB’s work continues to earn national and international recognition for its quality and impact, with acclaimed works such as The Patient Files: Hidden Stories from Inside Ontario’s Hospitals and Suspended garnering widespread praise and prestigious awards.
"Our collaboration with the IJB aligns closely with our values as a trusted, independent media organization committed to fostering informed communities and a robust national dialogue," said Andrew MacLeod, President and CEO of Postmedia. "This relationship enables us to support outstanding investigative journalism, empower the next generation of reporters, and strengthen the integrity of Canada's media landscape."
Through Postmedia’s role as a primary publisher, the company’s support will help ensure IJB remains fully independent, while also playing a direct role in nurturing the next generation of Canadian journalists by providing them with the mentorship and skills needed to pursue impactful, meaningful stories.
"We deeply appreciate Postmedia’s commitment to the critical work of investigative journalism," said Gerry Gotfrit, Co-Chairman of the IJB. "Their support enhances our ability to tackle complex, meaningful issues, produce journalism that matters, and provide invaluable learning opportunities for journalism students and early-career professionals."
Through this collaboration, IJB-produced stories will be featured across Postmedia’s network of publications, expanding their reach to audiences nationwide. In addition, a rotating seat at the IJB will be established to provide emerging Postmedia journalists with hands-on training in investigative reporting. Together, Postmedia and the IJB will elevate compelling, in-depth journalism that engages Canadians, holds power to account, and strengthens the role of a free press as a pillar of democracy.
About Postmedia Network Inc.
Postmedia Network Inc., a wholly owned subsidiary of Postmedia Network Canada Corp. (TSX:PNC.A, PNC.B), is a Canadian newsmedia company representing more than 130 brands across multiple print, online, and mobile platforms. Award-winning journalists and innovative product development teams bring engaging content to millions of people every week whenever and wherever they want it. This exceptional content, reach and scope offers advertisers and marketers compelling solutions to effectively reach target audiences. Our expertise in home delivery and expanding distribution network powers Postmedia Parcel Services. For more information, visit: www.postmedia.com, www.postmediasolutions.com, and www.postmediaparcelservices.com.
Contacts
Media Contact
Communications
inquiries@postmedia.com
Polygon joins Valnet’s robust gaming portfolio known as The Valnet Gaming Group.
MONTREAL--(BUSINESS WIRE)--Valnet, a leading global digital publishing and media investment company, announced today that it has acquired the premium gaming publication Polygon from Vox Media, the modern media company. Polygon will join Valnet’s robust gaming portfolio, known as The Valnet Gaming Group, which collectively reaches over 1.2 billion users annually. The acquisition, an asset deal, closed today.
Perfectly aligned with Valnet’s long-term growth strategy, Polygon will now integrate Valnet’s Gaming Portfolio, which includes industry-leading publications such as Game Rant, TheGamer, Fextralife, OpenCritic, DualShockers, and HardcoreGamer. This addition follows Valnet’s recent acquisition of FextraLife earlier this year, further strengthening its position in the gaming media landscape. With Valnet’s proven operational excellence, Polygon is poised to reach new editorial heights through focused investment and innovation.
“It is with immense pride and gratitude that we welcome Polygon into our growing family of world-class gaming brands," said Hassan Youssef, CEO & Founder at Valnet. “This moment marks a powerful reaffirmation of our deep commitment to gaming, a space we’ve passionately invested in for years. The addition of Polygon not only strengthens our editorial muscle but also amplifies our ability to deliver unmatched value to both audiences and advertisers. At Valnet, we’re not just participants in this space; we are its undisputed leader, and today, that leadership has never felt stronger.”
Founded in 2012 as part of Vox Media’s portfolio, Polygon reaches a high-value audience across its site, social media, YouTube channels, videos, newsletters, and more, with an emphasis on community engagement. The brand is known for its in-depth and analytical approach to video game journalism, publishing feature articles, essays, and reviews that delve into the cultural, social, and artistic aspects of gaming. While video games are a central focus, Polygon also covers a broader spectrum of pop culture and entertainment topics -including movies, TV shows, and technology. Polygon serves as a guide for a new generation of pop culture omnivores, helping them navigate the vast gaming and entertainment landscape with intelligence and a sense of fun.
“We’re proud to have built Polygon into the gaming authority for both experts and casual fans alike, a publication that has informed and delighted tens of millions of gaming enthusiasts since its founding at Vox Media more than a decade ago,” said Jim Bankoff, Vox Media’s co-founder, chair, and CEO. “This transaction will enable us to focus our energies and investment resources in other priority areas of growth across our portfolio of iconic digital publications and audio/video programming, while enabling Valnet to grow their leadership and authority in the gaming information category.”
Polygon attracts a US monthly reach of over 6 million (Comscore), with more than 3.5 million social media followers.
About Polygon
Polygon is the next-generation entertainment brand, illuminating the entertainment world through the lens of those who grew up playing video games, reading comics, and are obsessed with internet culture. As a leading industry voice, Polygon is a top source for smart, critical, and entertaining content surrounding cultural moments born of gaming and the future of entertainment. Polygon truly understands these next-generation communities because they are the fans and are embedded in YouTube, TikTok, and your favorite gaming communities.
About Valnet
Valnet is a leading digital publishing and media investment company that owns and operates over 27 authoritative publications across diverse verticals, including entertainment, sports, technology, automotive, gaming, lifestyle, and travel. Valnet is a premier acquirer in digital publishing, specializing in acquiring, operating, and growing digital publications that hold strategic importance in their respective markets. A global company, Valnet operates offices in Montreal, Miami, New York, Virginia, and Halifax.
About Vox Media
Vox Media is the leading modern media company, reaching audiences everywhere they are. Known for its editorial properties, including Vox, SB Nation, New York Magazine, Eater, and The Verge, the company’s portfolio features the most relevant, respected, and engaging editorial properties and voices. The company is home to the award-winning Vox Media Podcast Network, one of the largest in the U.S., as well as innovative technologies that support the entire media industry, including the Concert advertising marketplace.
Contacts
Rony Arzoumanian
Head of M&A
(514) 497-7787
rony.a@valnetinc.com
Yury Smagorinsky
VP, Legal Affairs
(514) 733-1010
yury.s@valnetinc.com
Valnet Acquires Premium Gaming Publication Polygon from Vox Media
MONTREAL--(BUSINESS WIRE)--On April 28, 2025, in McGucken v. Valnet Inc., Case No. 24-1040, the U.S. Supreme Court declined to consider a photographer’s challenge to a Ninth Circuit decision affirming dismissal of his copyright infringement claims against Valnet. The Supreme Court’s rejection of the certiorari petition marks the end of the road for photographer Elliot McGucken, whose claims and arguments against Valnet were rejected first by Judge Josephine L. Staton of the Central District of California in January of 2024, and then again by the Ninth Circuit panel last year.
The case involved the applicability of the “server test,” which insulates website operators from liability for copyright infringement when photographs are not “stored” on their servers, but rather are “embedded” on their websites. In 2023, McGucken filed a copyright infringement lawsuit against leading digital media publisher, Valnet, for embedding his photographs in various articles on Valnet’s publication, TheTravel.com. McGucken filed and pursued his lawsuit against Valnet despite binding authority holding that such conduct cannot give rise to copyright infringement. In line with such authority, the district court dismissed the case and the Ninth Circuit affirmed the dismissal, both siding with Valnet on all accounts.
Given the ubiquitous practice of embedding online and the broad implications of this case, Valnet garnered support from high-profile amici who filed briefs supporting its positions. These organizations included Google, Pinterest, the Wikimedia Foundation, the Organization for Transformative Works, the Electronic Frontier Foundation, the Computer & Communications Industry Association, the American Library Association, the Association of Research Libraries, and the Authors Alliance.
The continued viability of the “server test” represents an important win for many industries which disseminate information online, furthering the goals of both copyright law and the Internet.
Valnet was represented in this matter by outside counsel David A. Steinberg, Marc E. Mayer, and Marissa B. Lewis of Mitchell Silberberg & Knupp, as well as its in-house counsel, Yury Smagorinsky, General Counsel and Vice President, Legal Affairs, and Nicholas Turk, Legal Counsel.
About Valnet:
Founded in 2012, Valnet Inc. is a leading digital publishing and media investment company that owns and operates over 25 authoritative publications across diverse verticals, including entertainment, sports, technology, automotive, gaming, lifestyle, and travel. Valnet specializes in acquiring, operating, and growing digital publications that hold strategic importance in their respective markets. A global company, Valnet operates offices in Montreal, Miami, New York, Virginia, and Halifax. Valnet is recognized on the annual Bellwether Publisher list as a publisher operating with high integrity and meeting the highest quality standards.
Contacts
Yury Smagorinsky
VP, Legal Affairs
(514) 733-1010
legal@valnetinc.com
Valnet Inc. Clinches Significant Win in Embedding Case After Supreme Court’s Denial to Hear Appeal
TORONTO--(BUSINESS WIRE)--Postmedia Network Canada Corp. (“Postmedia” or the “Company”) announced that effective April 7, 2025, Anita Boyle Evans joined the company as the Senior Vice President, National Client Partnerships. Anita will play a pivotal role in developing and nurturing strategic relationships at both the national and agency levels and further enhancing client engagement through innovative products, data-driven strategies, and exceptional service.
“We are thrilled to have Anita Boyle Evans join our executive team,” said Andrew MacLeod, President and CEO of Postmedia. “Anita’s extensive expertise in client solutions and her proven record of fostering strategic partnerships uniquely position her to drive growth and help meaningfully advance our digital transformation."
Prior to joining Postmedia, Anita served as Vice President of Client Solutions & Partnerships at Numeris, bringing significant experience from her earlier role as Director of Client Services & Sales at Nielsen. Anita is recognized industry-wide for her ability to develop effective collaborations that deliver impactful results.
Her arrival underscores Postmedia’s ongoing commitment to innovation in its national business growth strategy.
About Postmedia Network Canada Corp.
Postmedia Network Canada Corp. (TSX:PNC.A, PNC.B) is the holding company that owns Postmedia Network Inc., a Canadian newsmedia company representing more than 130 brands across multiple print and digital platforms. Award-winning journalists and innovative product development teams bring engaging content to millions of people every week whenever and wherever they want it. This exceptional content, reach and scope offers advertisers and marketers compelling solutions to effectively reach target audiences. Our expertise in home delivery and expanding distribution network powers Postmedia Parcel Services. For more information, visit www.postmedia.com, www.postmediasolutions.com and www.postmediaparcelservices.com.
Contacts
Media Contact
Communications
inquiries@postmedia.com
Postmedia Welcomes Anita Boyle Evans as Senior Vice President, National Client Partnerships
MARKHAM, Ontario--(BUSINESS WIRE)--#CAF--Canada’s leading defence and military magazine, CANADIAN DEFENCE REVIEW, has released its annual Survey & Ranking of Canada’s Top 100 Defence Companies.
For 2025 CDR has named CAE its Top Defence Company and it’s the third time for the company at the #1 spot in the 21 years the ranking has been published.
In commenting on the #1 ranking, Marc Parent, CAE’s President and Chief Executive Officer, said: “We are incredibly proud of CAE's legacy and the profound impact we have on Canada’s defence and aerospace industry. This recognition as the top defence company in Canada for the third time is an affirmation of our unwavering dedication to innovation, quality, and the enduring trust we have built with our partners over decades. Our commitment to excellence drives us to continually push the boundaries of what is possible in defence and aerospace training.”
France Hébert, Division President, D&S Canada and Global Operations Lead at CAE added, “For more than 75 years, CAE has forged a strong relationship with Canada’s Armed Forces. We are integral to Canada’s efforts to develop a robust national defence industry, and our commitment to excellence continues to drive us forward.”
On receiving the #1 ranking, Marc-Olivier Sabourin, Division President, CAE Defense & Security, International, said: “Our wide spectrum of training supports defence forces in achieving optimal outcomes, leveraging innovative technologies and methodologies. Our comprehensive turnkey solutions position us as a trusted partner for governments, defence forces, and OEMs worldwide.”
Editor-in-Chief, Peter A. Kitchen, commented, “When CDR initiated Canada’s Top Defence Companies survey & ranking over 20 years ago, for our #1 company, we had to look no further than CAE, an exemplary Canadian aerospace and defence company that was a world leader in its field. Now, all these years later we’ve come full circle as the Montreal-based company wins the #1 position for a record third time.”
He added, “CDR would like to congratulate CAE’s excellent outgoing President and CEO, Marc Parent, on the important work he’s done building this company into a true world leader in training and simulation. And, last year CAE's SkyAlyne joint venture won the important FAcT contract to supply the RCAF with critical aircrew training in a 25-year, $11.2 billion deal. So, for all these reasons and more, we are extremely pleased to once more recognize CAE as Canada’s #1 Defence Company.”
This year CDR has added 11 new companies to the Top 100 ranking, a testament to the strength of Canada’s defence industry.
An evaluation panel consisting of CDR editorial staff and independent advisors ranked the companies based on factors such as economic impact, innovation, contribution to the nation's security, corporate integrity and support for Canada’s military.
With the publication of its annual Top 100 Defence Company Ranking, CDR’s goal is to showcase Canada’s defence industry and all that it has to offer.
Contacts
Peter A. Kitchen, Editor-in-Chief
(905) 554-4586
Info@CanadianDefenceReview.com
www.CanadianDefenceReview.com
CAE Named Canada’s Top Defence Company for 2025
MONTREAL--(BUSINESS WIRE)--Valnet Inc. (“Valnet”) and its Co-Founder and CEO, Hassan Youssef, have filed a lawsuit in the United States District Court for the District of Delaware against The Wrap News Inc. (“The Wrap”) for defamation, unfair competition and other illegal actions taken by The Wrap in connection with an article published by The Wrap on March 20, 2025 smearing Valnet and Mr. Youssef.
The Complaint alleges that The Wrap’s article, which is presented as a work of investigative journalism, is nothing more than an inflammatory hit piece that prioritizes sensationalism at the expense of an accurate narrative. Valnet asserts that the article is replete with false, inaccurate and defamatory statements about Valnet and Mr. Youssef, and is an effort by The Wrap, a competitor of Valnet, to gain an illegal and improper commercial advantage over Valnet and its renowned entertainment publications, which include ScreenRant and Collider, amongst others. Valnet is confident that by this action The Wrap will be found liable and responsible for its malicious and illegal conduct.
Valnet’s mission is to create high-quality content for its global community of passionate readers and fans. To achieve this, Valnet invests millions annually in content creation by its valued contributors, which include journalists and other content creators who are experts in their respective fields. Valnet’s monetary investments are particularly notable at the present time, when the publishing industry is facing significant headwinds and challenges from emerging technologies. Valnet’s premier publications create and support many jobs in the publishing industry, and provide opportunities for both emerging talent and some of the most well-established journalists in their field.
About Valnet Inc.
Founded in 2012, Valnet Inc. is a leading digital publishing and media investment company that owns and operates over 25 authoritative publications across diverse verticals, including entertainment, sports, technology, automotive, gaming, lifestyle, and travel. Valnet specializes in acquiring, operating, and growing digital publications that hold strategic importance in their respective markets. A global company, Valnet operates offices in Montreal, Miami, New York, Virginia, and Halifax. Valnet is recognized on the annual Bellwether Publisher list as a publisher operating with high integrity and meeting the highest quality standards.
Contacts
Yury Smagorinsky
VP, Legal Affairs
(514) 733-1010
legal@valnetinc.com
TORONTO--(BUSINESS WIRE)--Messagepoint has been named a 2025 SPARK Matrix™ Technology Leader in Customer Communication Management (CCM) by global research and consulting firm QKS Group, formerly Quadrant Knowledge Solutions. The SPARK Matrix offers a comprehensive analysis of the competitive CCM landscape, helping organizations identify top-performing vendors driving innovation and measurable results. This recognition marks the fifth consecutive year Messagepoint has earned top marks for both technology excellence and customer impact.
Messagepoint’s platform, powered by its Messagepoint Advanced Rationalization and Content Intelligence Engine (MARCIE), the company’s proprietary AI and ML engine, helps organizations in highly regulated industries maximize the speed and efficiency of creating and delivering customer communications and experiences across channels. The report cited that Messagepoint leads in its ability to provide more intelligent approaches to migrating, authoring, optimizing and managing content. It gives non-technical business users AI-powered control over customer communications across print and digital channels, making it an optimal choice for enterprises looking to modernize customer engagement.
According to Saurabh Raj, an analyst at QKS Group, “Messagepoint is built on a modern cloud-native architecture, allowing enterprises to scale communications efficiently without infrastructure constraints. Unlike legacy CCM solutions that rely on containerized deployments, this platform is designed with microservices, enabling dynamic scalability and optimized resource utilization. The ability to handle large-scale omnichannel communications without the complexities of legacy architecture positions it as a forward-thinking solution for enterprises undergoing digital transformation.”
The report spotlighted several key differentiators and strengths of Messagepoint’s technology, including its proprietary AI engine, MARCIE, headless APIs for delivering content to support dynamic digital use cases, its interactive communications capabilities in Messagepoint Connected, its content migration and analysis solution, Rationalizer, and the Healthcare Touchpoint Exchange, a purpose-built solution for managing healthcare insurance materials.
“Being recognized as a leader in the SPARK Matrix for Customer Communication Management for the fifth year is a strong validation of our commitment to innovation,” said Steve Biancaniello, CEO of Messagepoint. “We’re proud to be at the forefront of developing technology that simplifies how organizations manage, personalize and deliver information at scale. Our focus continues to be on creating meaningful advancements that empower our customers to work smarter, connect more effectively and achieve better outcomes.”
To access the SPARK Matrix: Customer Communication Management, 2025 report, click here.
About QKS Group
QKS Group is a global advisory and consulting firm focused on helping clients achieve business transformation goals with Strategic Business and Growth advisory services. At QKS Group, our vision is to become an integral part of our client’s business as a strategic knowledge partner. Our research and consulting deliverables are designed to provide comprehensive information and strategic insights for helping clients formulate growth strategies to survive and thrive in ever-changing business environments. For more available research, please visit https://qksgroup.com/.
About Messagepoint
Messagepoint is a leading provider of customer communications management software. Only Messagepoint harnesses AI-powered Content Intelligence to automate and simplify the process of migrating, optimizing, authoring and managing complex customer communications for non-technical (business) users. Customers rely on its award-winning platform to consistently deliver exceptional, highly personalized customer communications across all platforms and channels. For more information, visit www.messagepoint.com.
Contacts
Media Contact:
Patricia Kilgore
Sterling Kilgore
pkilgore@sterlingkilgore.com
Share your opinion and vote now for the 17th annual Top 25 Canadian Immigrant Awards, presented by Western Union
TORONTO--(BUSINESS WIRE)--As Canadian pride surges to new heights, it’s important to remember that the story of Canada is also the story of immigrants coming to this land. Immigrants come for freedom, opportunity and success — and the contributions they have made to building this country are undeniable. For the 17th year, Canadian Immigrant, with the support of presenting sponsor Western Union, is pleased to open the voting phase of the Top 25 Canadian Immigrant Awards of 2025.
The Top 25 Canadian Immigrant Awards, also supported by COSTI Immigrant Services, is the first and only national awards program celebrating immigrant success stories from coast to coast. The Top 25 Canadian Immigrant Awards is the leader in sharing the inspiring stories of immigrants to not only honour their contributions, but to provide role models for other newcomers.
So, let’s get voting at www.canadianimmigrant.ca/top25 and shine a spotlight on these diverse nationbuilders who contribute to Canada’s economy, innovation, arts and communities.
Immigrants who have been honoured with this prestigious national award in past years include comic book writer J. Torres, actor Mena Massoud, of Aladdin, Toronto Argonauts’ Hénoc Muamba, prima ballerina Chan Hon Goh, as well as many unsung heroes who have demonstrated incredible contributions in their communities and for the country.
“It’s an important time in our history to share Canadian pride, and part of that is the recognition that Canada is truly a nation of immigrants. Despite rising xenophobia in the world, Canada has always been a global beacon for people who want to make a better life for themselves and their families. Let’s celebrate those who have come here and made a real difference in their adopted country,” said Sanjay Agnihotri, Publisher of Canadian Immigrant, a national multimedia platform and producer of the awards. “Let’s get voting!”
“Western Union’s mission throughout our long history as a company is one of being purpose-driven, connecting people and communities through financial inclusion, while placing the customer at the center of everything we do,” said Ari Hagnas, Vice President, Western Union North America. “The close connection between our Canadian customers and their families living abroad together with the role our services play in helping create better lives are inextricably linked. As sponsor of these prestigious awards, we celebrate the contributions made by those that call Canada their new home and support them in their journey toward prosperity.”
Time to vote!
The public can now vote for up to three of their favourite finalists online at www.canadianimmigrant.ca/top25 June 5,2025.
The award recipients will be announced online at www.canadianimmigrant.ca and in the August issue of Canadian Immigrant magazine.
COSTI Entrepreneur Award
This will be the 12th consecutive year that one of the Top 25 recipients will also be selected for the additional Entrepreneur Award and for the second consecutive year sponsored by COSTI, honouring one of the Top 25 who has demonstrated entrepreneurial excellence in business. No additional application is required to apply for this award.
Youth Award
For the 10th consecutive year, one of the Top 25 will be awarded the additional Youth Award, which recognizes young immigrants between the ages of 15 and 30 who are making a difference through achievement and/or service, and who exhibit great potential as long-term contributors to Canada. No additional application is required to apply for this award.
About Canadian Immigrant
Attracting more than 400,000 readers each month and over 100,000 visitors a month online, Canadian Immigrant is a national multimedia platform to help immigrants succeed in Canada, with content, resources and events on careers, education and settlement. Canadian Immigrant is the producer of the cross-country Canadian Immigrant Fairs. Canadian Immigrant is a division of Metroland Media Group, a dynamic media company with more than 100 community and daily newspapers in print and online, as well as innovative websites including wheels.ca, goldbook.ca, save.ca and localwork.ca. Learn more at canadianimmigrant.ca.
About Western Union
Western Union is a global leader in cross-border, cross-currency money movement and payments. Western Union’s platform provides seamless cross-border flows and its leading global financial network bridges more than 200 countries and territories and over 130 currencies. We connect businesses, financial institutions, governments, and consumers through one of the world’s widest reaching networks, accessing billions of bank accounts, millions of digital wallets and cards, and approximately 600,000 retail locations. Western Union connects the world to bring boundless possibilities within reach.
Contacts
For more information, contact:
Canadian Immigrant
Laura Jackman, 647-212-0549
ljackman@metroland.com
Western Union
Brad Jones
Bradley.Jones@wu.com
Celebrating the Story of Canada Through Immigrant Success Stories
VANCOUVER, British Columbia--(BUSINESS WIRE)--The Allard Prize for International Integrity, one of the world's leading anti-corruption prizes, has announced the finalists for the 2025 Allard Prize. The Award Ceremony will take place on June 17, 2025, at New York City’s Tribeca Rooftop, where the Allard Prize winner will receive a $100,000 CAD prize.
This year’s honorees are extraordinary individuals whose efforts have opposed corruption, illuminated truth, and advanced justice in some of the world’s most challenging environments. They have demonstrated remarkable courage in the face of entrenched corruption, advocating for the rule of law and transparency. The 2025 Allard Prize finalists are:
- Abdalle Ahmed Mumin – A prominent Somali journalist, human rights activist, and cofounder of the Somali Journalists Syndicate (SJS).
- Andréa Ngombet – A Congolese civil society leader, political activist, expert on kleptocracy, and the founder of the Sassoufit Collective.
- Virginia Laparra – The former head of the Special Prosecutor’s Office Against Impunity (FECI) in Guatemala.
The Award Ceremony will celebrate these global anti-corruption champions and also address the importance of tackling corruption in the West, where powerful nations play a significant role in shaping the international anti-corruption landscape. The program will feature short documentaries highlighting the finalists' work, along with a keynote address by Sarah Chayes, an award-winning journalist, author, and former advisor to the U.S. Joint Chiefs of Staff, known for her expertise on corruption.
“Our Allard Prize finalists are principled leaders who have prioritized justice in governance and transparency, often at the expense of their own personal interests and safety,” said Dr. James Stewart, Chair of the Allard Prize Board. “As we honor and support these courageous individuals, we must also acknowledge that corruption is a global challenge that transcends borders. In showcasing our laureates’ stories, we hope to stimulate insight and inspire emulation. Their stories are full of hope and resilience, we can all learn from their examples.”
Established in 2012, the Allard Prize is awarded biennially to an individual, movement, or organization that has displayed remarkable courage and leadership in working to oppose corruption. The nonprofit organization is dedicated to telling stories about courage, inspiring change globally, and collectivizing to create lasting change that fosters accountability and the rule of law.
For more information about the event, sponsorship opportunities, or how to attend, please visit https://allardprize.org/events/.
Contacts
Media Contact:
Sherry Goldman
Goldman Communications Group
718-224-4133
sherry@goldmanpr.net
Allard Prize Announces 2025 Award Finalists
TORONTO--(BUSINESS WIRE)--Postmedia Network Canada Corp. (“Postmedia” or the “Company”) today released financial information for the three and six months ended February 28, 2025.
“As one of the largest independent Canadian news media organizations, our strength has always been rooted in our deep connection to communities across the country,” said Andrew MacLeod, Postmedia President and Chief Executive Officer. “Our connection is strengthened by our new editorial mission, which is designed to be a connecting force – thoughtful, uplifting, and bringing Canadians together through informed, meaningful journalism.”
“The results from our second quarter demonstrate the success of our commitment to Canadian communities,” said MacLeod. “With positive momentum in both our advertising and circulation divisions, our investment into Atlantic Canada, through our Saltwire acquisition, has played a pivotal role in achieving these results. As we continue to face an immensely challenging media environment, our dedication to local communities will continue to guide the work we do.”
Second Quarter Operating Results
Revenue for the quarter was $110.8 million as compared to $97.3 million in the same period in the prior year, representing an increase of $13.5 million (13.9%). The revenue increase was primarily due to increases in advertising revenue of $6.9 million (16.0%), circulation revenue of $2.2 million (6.6%) and other revenue of $4.8 million (67.4%), partially offset by decreases in parcel revenue of $0.4 million (2.9%). Excluding the impact of the Saltwire asset acquisition, advertising revenue for the quarter increased by 6.0% and other revenue for the quarter increased by 47.7%.
Total operating expenses excluding depreciation, amortization and restructuring decreased $1.1 million, or 1.1%, for the quarter ended February 28, 2025, relative to the same period in the prior year. The decrease relates to decreases in compensation, newsprint, distribution and other operating expenses, partially offset by an increase in production expense. Excluding the impact of the Saltwire asset acquisition, total operating expenses excluding depreciation, amortization and restructuring decreased $12.0 million or 11.7%.
Operating income before depreciation, amortization and restructuring in the quarter was $9.8 million, an increase of $14.6 million relative to the same period in the prior year. The increase in operating income before depreciation, amortization and restructuring is due to a decrease in operating expenses excluding depreciation, amortization and restructuring including an increase in total revenues. Excluding the impact of the Saltwire asset acquisition, operating income before depreciation, amortization and restructuring in the quarter was $7.3M.
Net loss in the quarter ended February 28, 2025 was $16.0 million, as compared to a net loss of $20.1 million in the same period in the prior year. The decrease in net loss was primarily the result of a decrease in depreciation, amortization, restructuring, net financing expense, including an increase in total revenues and gains on disposal of assets held for sale and other assets, partially offset by an increase in interest expense, foreign currency exchange losses and losses on derivative financial instruments.
Year to Date Operating Results
Revenue for the six months ended February 28, 2025 was $220.1 million as compared to $202.0 million in the same period in the prior year, representing an increase of $19.1 million (9.5%). The revenue increase was primarily due to increases in advertising revenue of $12.5 million (13.3%), circulation revenue of $5.5 million (8.5%), other revenue of $1.1 million (7.4%), partially offset by decreases in parcel revenue of $0.1 million (0.2%). Excluding the impact of the Saltwire asset acquisition, advertising revenue for the six months ended February 28, 2025 increased by 3.5%.
Total operating expenses excluding depreciation, amortization and restructuring decreased $5.0 million, or 2.5%, for the six months ended February 28, 2025, relative to the same period in the prior year. The decrease relates to decreases in newsprint and production expenses, partially offset by an increase in distribution and other operating expenses. Excluding the impact of the Saltwire asset acquisition, total operating expenses excluding depreciation, amortization and restructuring decreased $16.7 million or 8.3%.
Operating income before depreciation, amortization and restructuring for the six months ended February 28, 2025 was $15.3 million, an increase of $14.2 million relative to the same period in the prior year. The increase in operating income before depreciation, amortization and restructuring is due to an increase in total revenues, partially offset by an increase in operating expenses excluding depreciation, amortization, impairment and restructuring. Excluding the impact of the Saltwire asset acquisition, operating income before depreciation, amortization and restructuring in the six months ended February 28, 2025 was $10.5 million.
Net loss in the six months ended February 28, 2025 was $40.5 million, as compared to a net loss of $30.7 million in the same period in the prior year. The increase in net loss was primarily the result of an increase in interest expense, foreign currency exchange losses and losses on derivative financial instruments, partially offset by a decrease in depreciation, amortization, restructuring, net financing expense and an increase in gains on disposal of assets held for sale and other assets.
Additional Information
Additional information, including financial statements and management’s discussion and analysis can be found on the Company’s website at www.postmedia.com or on SEDAR+ at www.sedarplus.ca.
Note: All dollar amounts are expressed in Canadian dollars unless otherwise specified.
About Postmedia Network Canada Corp.
Postmedia Network Canada Corp. (TSX:PNC.A, PNC.B) is the holding company that owns Postmedia Network Inc., a Canadian newsmedia company representing more than 130 brands across multiple print and digital platforms. Award-winning journalists and innovative product development teams bring engaging content to millions of people every week whenever and wherever they want it. This exceptional content, reach and scope offers advertisers and marketers compelling solutions to effectively reach target audiences. Our expertise in home delivery and expanding distribution network powers Postmedia Parcel Services. For more information, visit www.postmedia.com, www.postmediasolutions.com and www.postmediaparcelservices.com.
Forward-Looking Information
This news release may include information that is “forward-looking information” under applicable Canadian securities laws. The Company has tried, where possible, to identify such information and statements by using words such as “believe,” “expect,” “intend,” “estimate,” “anticipate,” “may,” “will,” “could,” “would,” “should” and similar expressions and derivations thereof in connection with any discussion of future events, trends or prospects or future operating or financial performance. Forward-looking statements in this news release include statements with respect the implementation and results of the Company’s transformation initiatives, continued benefits of historical results into future periods, the realization of anticipated cost savings, the identification and undertaking of ongoing cost savings initiatives. By their nature, forward-looking information and statements involve risks and uncertainties because they relate to events and depend on circumstances that may or may not occur in the future. These risks and uncertainties include, among others: competition from digital and other forms of media; the effect of economic conditions on advertising revenue; the ability of the Company to build out its digital media and online businesses; the failure to maintain current print and online newspaper readership and circulation levels; the realization of anticipated cost savings; possible damage to the reputation of the Company’s brands or trademarks; possible labour disruptions; possible environmental liabilities, litigation and pension plan obligations; fluctuations in foreign exchange rates and the prices of newsprint and other commodities.
For a complete list of our risk factors please refer to the section entitled “Risk Factors” contained in our annual management’s discussion and analysis for the years ended August 31, 2024 and 2023. Although the Company bases such information and statements on assumptions believed to be reasonable when made, they are not guarantees of future performance and actual results of operations, financial condition and liquidity, and developments in the industry in which the Company operates, may differ materially from any such information and statements in this press release. Given these risks and uncertainties, undue reliance should not be placed on any forward-looking information or forward-looking statements, which speak only as of the date of such information or statements. Other than as required by law, the Company does not undertake, and specifically declines, any obligation to update such information or statements or to publicly announce the results of any revisions to any such information or statements.
Postmedia Network Canada Corp. |
||||||||||||
Consolidated Statements of Operations |
||||||||||||
(UNAUDITED) |
||||||||||||
(In thousands of Canadian dollars, except per share amounts) |
For the three months ended |
For the six months ended |
||||||||||
|
February 28, 2025 |
February 29, 2024 |
February 28, 2025 |
February 29, 2024 |
||||||||
|
|
|
|
|
||||||||
Revenues |
|
|
|
|
||||||||
Advertising |
|
50,043 |
|
|
43,152 |
|
|
106,516 |
|
|
94,004 |
|
Circulation |
|
35,050 |
|
|
32,865 |
|
|
70,986 |
|
|
65,453 |
|
Parcel services |
|
13,756 |
|
|
14,170 |
|
|
26,905 |
|
|
26,961 |
|
Other |
|
11,971 |
|
|
7,151 |
|
|
16,683 |
|
|
15,534 |
|
Total revenues |
|
110,820 |
|
|
97,338 |
|
|
221,090 |
|
|
201,952 |
|
Expenses |
|
|
|
|
||||||||
Compensation |
|
34,188 |
|
|
34,513 |
|
|
69,796 |
|
|
69,774 |
|
Newsprint |
|
2,512 |
|
|
2,812 |
|
|
5,384 |
|
|
6,062 |
|
Distribution |
|
37,003 |
|
|
37,491 |
|
|
74,517 |
|
|
69,385 |
|
Production |
|
10,393 |
|
|
10,340 |
|
|
21,032 |
|
|
21,614 |
|
Other operating |
|
16,935 |
|
|
16,975 |
|
|
35,103 |
|
|
34,037 |
|
Operating income (loss) before depreciation, amortization and restructuring |
|
9,788 |
|
|
(4,793 |
) |
|
15,258 |
|
|
1,080 |
|
Depreciation |
|
2,088 |
|
|
2,271 |
|
|
4,321 |
|
|
5,766 |
|
Amortization |
|
1,687 |
|
|
2,059 |
|
|
3,429 |
|
|
4,173 |
|
Impairment |
|
1,501 |
|
|
- |
|
|
1,501 |
|
|
- |
|
Restructuring and other |
|
1,475 |
|
|
1,719 |
|
|
3,501 |
|
|
3,280 |
|
Operating income (loss) |
|
3,037 |
|
|
(10,842 |
) |
|
2,506 |
|
|
(12,139 |
) |
Interest expense |
|
10,484 |
|
|
9,092 |
|
|
21,227 |
|
|
17,770 |
|
Foreign currency exchange losses |
|
10,993 |
|
|
121 |
|
|
23,907 |
|
|
869 |
|
Net financing expense relating to employee benefit plans |
|
288 |
|
|
343 |
|
|
577 |
|
|
689 |
|
Gain on disposal of assets held for sale, property plant and equipment, right of use assets, and other assets |
(3,076 |
) |
(84 |
) |
(2,826 |
) |
(998 |
) |
||||
Loss (gain) on derivative financial instruments and financial assets at fair value through profit and loss |
335 |
(217 |
) |
93 |
(131 |
) |
||||||
Loss on debt refinancing |
|
- |
|
|
- |
|
|
- |
|
|
367 |
|
Loss before income taxes |
|
(15,987 |
) |
|
(20,097 |
) |
|
(40,472 |
) |
|
(30,705 |
) |
Net loss attributable to equity holders of the Company |
|
(15,987 |
) |
|
(20,097 |
) |
|
(40,472 |
) |
|
(30,705 |
) |
|
|
|
|
|
||||||||
|
|
|
|
|
||||||||
Loss per share |
|
|
|
|
||||||||
Basic and diluted |
$(0.16 |
) |
$(0.20 |
) |
$(0.41 |
) |
$(0.31 |
) |
||||
|
|
|
|
|
||||||||
Postmedia Network Canada Corp. |
||||
Consolidated Statements of Financial Position |
||||
(UNAUDITED) |
||||
(In thousands of Canadian dollars) |
As at February 28, 2025 |
As at August 31, 2024 |
||
|
|
|
||
Assets |
|
|
||
Current Assets |
|
|
||
Cash |
5,869 |
|
2,454 |
|
Trade and other receivables |
55,476 |
|
53,931 |
|
Assets held-for-sale |
3,000 |
|
2,560 |
|
Inventory |
1,812 |
|
2,318 |
|
Prepaid expenses and other assets |
7,932 |
|
8,522 |
|
Total current assets |
74,089 |
|
69,785 |
|
Non-Current Assets |
|
|
||
Property and equipment |
26,613 |
|
35,089 |
|
Intangible assets |
25,136 |
|
19,868 |
|
Right of use assets |
17,184 |
|
19,783 |
|
Derivative financial instruments and other assets |
4,234 |
|
4,399 |
|
Total assets |
147,256 |
|
148,924 |
|
|
|
|
||
Liabilities and Deficiency |
|
|
||
Current Liabilities |
|
|
||
Accounts payable and accrued liabilities |
47,719 |
|
38,509 |
|
Provisions |
919 |
|
1,514 |
|
Contract Liabilities |
17,291 |
|
16,716 |
|
Current portion of lease obligations |
7,641 |
|
7,773 |
|
Current portion of long-term debt |
28,618 |
|
29,509 |
|
Total current liabilities |
102,188 |
|
94,021 |
|
Non-Current Liabilities |
|
|
||
Long-term debt |
357,803 |
|
323,129 |
|
Employee benefit obligations and other liabilities |
33,616 |
|
34,250 |
|
Lease obligations |
16,347 |
|
19,345 |
|
Total liabilities |
509,954 |
|
470,745 |
|
|
|
|
||
Deficiency |
|
|
||
Capital stock |
820,357 |
|
820,357 |
|
Contributed surplus |
19,761 |
|
19,511 |
|
Deficit |
(1,202,816 |
) |
(1,161,689 |
) |
Total deficiency |
(362,698 |
) |
(321,821 |
) |
Total liabilities and deficiency |
147,256 |
|
148,924 |
|
Postmedia Network Canada Corp. |
||||||||
Consolidated Statements of Cash Flows |
||||||||
(UNAUDITED) |
||||||||
(In thousands of Canadian dollars) |
For the three months ended |
For the six months ended |
||||||
|
February 28, 2025 |
February 29, 2024 |
February 28, 2025 |
February 29, 2024 |
||||
|
|
|
|
|
||||
Cash Generated (Utilized) by: |
|
|
|
|
||||
Operating Activities |
|
|
|
|
||||
Net loss after income taxes |
(15,987 |
) |
(20,097 |
) |
(40,472 |
) |
(30,705 |
) |
Items not affecting cash: |
|
|
|
|
||||
Depreciation |
2,088 |
|
2,271 |
|
4,321 |
|
5,766 |
|
Amortization |
1,687 |
|
2,059 |
|
3,429 |
|
4,173 |
|
Impairment |
1,501 |
|
- |
|
1,501 |
|
- |
|
Loss on debt refinancing |
- |
|
- |
|
- |
|
367 |
|
Loss (gain) on derivative financial instruments and financial assets at fair value through profit and loss |
335 |
|
(217 |
) |
93 |
|
(131 |
) |
Non-cash interest |
9,944 |
|
8,598 |
|
19,766 |
|
15,849 |
|
Gain on disposal of assets held for sale, property plant and equipment, right of use assets, and other assets |
(3,076 |
) |
(84 |
) |
(2,826 |
) |
(998 |
) |
Non-cash foreign currency exchange losses (gains) |
11,157 |
|
(266 |
) |
24,107 |
|
742 |
|
Share-based compensation plans |
82 |
|
177 |
|
250 |
|
380 |
|
Net financing expense relating to employee benefit plans |
288 |
|
343 |
|
577 |
|
689 |
|
Employee benefit plan funding in excess of compensation expense |
(796 |
) |
(692 |
) |
(1,557 |
) |
(1,472 |
) |
Net change in non-cash operating accounts |
(4,318 |
) |
9,055 |
|
3,205 |
|
1,478 |
|
Cash flows from (used in) operating activities |
2,905 |
|
1,147 |
|
12,395 |
|
(3,862 |
) |
|
|
|
|
|
||||
Investing Activities |
|
|
|
|
||||
Net proceeds from the sale of assets held-for-sale and other assets |
5,630 |
|
707 |
|
5,630 |
|
3,072 |
|
Purchases of property and equipment |
(219 |
) |
(153 |
) |
(346 |
) |
(397 |
) |
Purchases of intangible assets |
(747 |
) |
(203 |
) |
(1,123 |
) |
(326 |
) |
Cash flows from investing activities |
4,664 |
|
351 |
|
4,161 |
|
2,349 |
|
|
|
|
|
|
||||
Financing activities |
|
|
|
|
||||
Advances from asset-based lending facility |
2,365 |
|
3,956 |
|
3,741 |
|
3,956 |
|
Repayment of asset-based lending facility |
(3,152 |
) |
(4,170 |
) |
(3,152 |
) |
(4,170 |
) |
Repayment of first lien senior secured notes |
(4,930 |
) |
(699 |
) |
(4,930 |
) |
(699 |
) |
Restricted cash |
- |
|
- |
|
- |
|
6,968 |
|
Repayment of short term promissory note |
- |
|
- |
|
(5,000 |
) |
- |
|
Repayment of unsecured promissory notes |
- |
|
- |
|
- |
|
(4,696 |
) |
Repayment of senior secured asset-based revolving credit facility |
- |
|
- |
|
- |
|
(14,500 |
) |
Advances from senior secured asset-based revolving credit facility |
- |
|
- |
|
- |
|
8,500 |
|
Repayment of senior secured notes |
- |
|
- |
|
- |
|
(24,475 |
) |
Issuance of first lien senior secured notes |
- |
|
- |
|
- |
|
20,158 |
|
Issuance of asset-based lending facility |
- |
|
- |
|
- |
|
15,393 |
|
Debt issuance costs |
- |
|
(678 |
) |
- |
|
(2,418 |
) |
Repayment of contingent consideration |
(672 |
) |
- |
|
(672 |
) |
- |
|
Lease payments |
(1,515 |
) |
(1,628 |
) |
(3,129 |
) |
(3,209 |
) |
Cash flow (used in) from financing activities |
(7,904 |
) |
(3,219 |
) |
(13,142 |
) |
808 |
|
|
|
|
|
|
||||
Net change in cash for the period |
(334 |
) |
(1,721 |
) |
3,415 |
|
(705 |
) |
Cash at beginning of period |
6,203 |
|
7,207 |
|
2,454 |
|
6,191 |
|
Cash at end of period |
5,869 |
|
5,486 |
|
5,869 |
|
5,486 |
|
Supplemental disclosure of operating cash flows |
|
|
|
|
||||
Interest paid |
539 |
|
427 |
|
1,461 |
|
2,707 |
|
Contacts
For more information:
Media Contact
Communications
inquiries@postmedia.com
Investor Contact
John Bode
Executive Vice President, Chief Financial Officer and Chief Transformation Officer
investors@postmedia.com
Postmedia Reports Second Quarter Results
KITCHENER, Ontario--(BUSINESS WIRE)--In the world of competitive sports, physical training often dominates the conversation. But what about the other 90 per cent of it - the mind? That’s where The MENTOR Magazine comes in—rewriting the playbook on mental performance training and providing athletes, coaches, parents and industry leaders with the tools and expertise they can trust to excel.
Founded by Wade Wilson, PhD, CMPC, an expert in mental performance consulting with over twenty years of experience, The MENTOR Magazine is more than a magazine—it’s a community-driven platform dedicated to making mental performance accessible, practical, and essential. Each issue features expert insights, real-world scenarios, and actionable mental performance strategies designed to unlock potential at every level of competition, with trusted advice readily available.
“Athletes spend countless hours perfecting their physical skills, but the mental side of the game is often overlooked,” says Wilson.“The MENTOR Magazine bridges that gap by directly bringing evidence-based mental training strategies to those who need it most—athletes, coaches, industry professionals and parents.”
Why Now? The Need for Mental Performance Training
Despite growing awareness, mental performance training remains underutilized, especially at the minor and amateur levels. Many athletes, teams, and organizations recognize its importance but face obstacles like limited financial resources and a lack of access to credible tools, education and professionals. The MENTOR Magazine breaks down these barriers by offering a digital-first platform that provides expert-driven content accessible anytime, anywhere. Whether you’re on the field, in the gym, or at home, mental performance support is always within reach.
What to Expect in Each Issue
Readers can explore a wide variety of engaging content, including:
- Feature Series: Experience three to four compelling, interconnected articles that dive deep into a single mental performance theme. Each issue offers a 360-degree exploration of mindset mastery, viewed from multiple perspectives to provide a well-rounded understanding.
- Coach’s Room: Actionable strategies to help coaches support their athletes’ mental game.
- Parent’s Column: Insights for parents navigating the competitive sports landscape with their young athletes.
- Ask the Expert: A dedicated space for readers to submit questions to mental performance professionals.
- Game Tape & Lit Review Sections: Analysis of popular sports books and films that illustrate mental performance concepts.
A Community Rooted in Resilience and Growth
The MENTOR Magazine draws inspiration from storytelling legends like Joseph Campbell and Carl Jung, serving as a trusted guide on every athlete’s journey. Much like the mentors who shape champions, The MENTOR Magazine serves as a companion for athletes, competitors, and performers striving to overcome challenges and unlock their full potential.
The MENTOR Magazine invites brands, athletes, and industry professionals to join the movement. Through impactful collaborations, co-branded initiatives, and strategic partnerships, individuals and brands can amplify their message and make a lasting impact.
Partner with The MENTOR Magazine and help shape the future of mental performance in sports. Connect today to explore partnership opportunities.
Subscribe and Experience the Free Issue
Readers can access a free introductory issue of The MENTOR Magazine and discover the transformative power of mental training here.
For those ready to commit to their mental edge, subscriptions are now available here.
Join the Movement
Whether you’re an athlete or performer striving for excellence, a coach or manager seeking innovative tools, or a parent supporting a young competitor, The MENTOR Magazine is a go-to resource for unlocking potential and building resilience.
About The MENTOR Magazine:
The MENTOR Magazine is a bi-monthly digital publication dedicated to advancing mental performance training in sports. Founded by Wade Wilson, PhD, CMPC, it offers evidence-based insights and actionable tools for athletes, coaches, industry professionals and parents. Through expert articles, athlete stories, and practical exercises, The MENTOR Magazine aims to make mental performance training accessible to all levels of competition.
Discover more at thementormagazine.ca.
Contacts
The MENTOR Magazine
info@thementormagazine.ca
Introducing The MENTOR Magazine: Unlocking the Mental Edge in Sports
“What is a Podcast?” Reveals Industry Fragmentation and Proposes Unified Standards to Drive Growth and Clarity
LOS ANGELES--(BUSINESS WIRE)--#advertising--Oxford Road, the world's leading audio and podcast advertising agency, in partnership with Edison Research, a global authority in media research, announces the release of their comprehensive white paper, "What is a Podcast?: Preserving its Essence, Structuring for Expansion." The groundbreaking report reveals critical insights into how evolving listener habits, industry fragmentation, and ambiguity in podcast definitions are affecting podcasting's future growth and commercial viability.
Despite podcasting's rise as a multi-billion-dollar industry with enormous cultural influence, the study identifies a significant identity crisis driven by the convergence of audio-only content and video formats popularized by platforms like YouTube and Spotify. According to the new data:
- 72% of Americans 12+ consider recordings of people discussing any topic on YouTube that are also available as audio-only shows elsewhere to be a podcast.
- Advertisers face significant barriers to investment due to inconsistent standards, fragmented reporting, and unclear attribution.
- A clear, shared definition and interoperable measurement are urgently needed to realize podcasting’s full economic potential.
"Podcasting has reached a pivotal moment where its next phase of growth depends on how clearly we define and measure it," says Dan Granger, CEO of Oxford Road and Veritone One. "What was once a niche, audio-driven medium is now fragmented across platforms, formats, and metrics. Our research shows that to preserve what made podcasting powerful and drive sustainable growth, we must create a unified standard that welcomes innovation while maintaining clarity."
The white paper synthesizes extensive research, including a nationally representative survey of over 4000 people (conducted by Edison Research), qualitative interviews with listeners, and insights from over 30 leading industry executives featured on Oxford Road’s Media Roundtable podcast series. The report proposes new working definitions:
- Podcast (noun): "An on-demand audio-driven program featuring episodic content across wide-ranging themes and formats. Traditionally delivered via open RSS and conversational in nature, it can include platform-based distribution and is commonly supplemented by video."
- Video Podcast (noun): "An episodic, on-demand program centered on spoken-word content, where synchronized visuals meaningfully shape the experience."
The research underscores that resolving definitional ambiguity and measurement inconsistency could unlock billions of dollars in advertiser investment. To address these challenges, the paper calls for an industry-wide collaboration to develop an Open Measurement Protocol for Podcasting, advocating for interoperable, privacy-safe measurement standards and clear taxonomy across all platforms.
To download the full white paper, "What is a Podcast?: Preserving its Essence, Structuring for Expansion", visit https://oxfordroad.com/whats-a-podcast
For the complementary podcast series exploring the future of podcasting, listen on Spotify or Apple.
About Oxford Road:
Oxford Road is the largest independent audio advertising agency, combining data-driven strategies with deep creative expertise to deliver best-in-market results at scale. Following its merger with Veritone One, Oxford Road provides unmatched capabilities in podcasting, streaming audio, radio, and influencer-led video, continually advocating responsible influence and performance excellence.
About Edison Research:
Edison Research conducts survey research and provides strategic information to a broad array of clients worldwide, having conducted research in 66 countries. Edison Research’s The Infinite Dial® series has been the survey of record for digital audio, social media, podcasting, smart speakers, and other media-related technologies since 1998. The company’s Share of Ear® survey is the only single-source measure of all audio in the U.S. Edison Research is the leading podcast research company in the world, producing the only survey-based data on podcast listening in the U.S, Edison Podcast Metrics, and has conducted research for many companies in the space. Since 2004, Edison Research has been the sole provider of election data, race projections and analysis to the National Election Pool (ABC News, CBS News, CNN, NBC News).
Contacts
Kiri Jewell, PR Director, kiri@storybylore.com
Oxford Road and Edison Research Publish Landmark White Paper Defining Podcasting for the Future
WEBTOON Entertainment CFO & COO David J. Lee and Wattpad WEBTOON Studios Head of Global Entertainment David Madden will discuss the business and influence of webcomics at the event
LOS ANGELES--(BUSINESS WIRE)--WEBTOON Entertainment Inc. (Nasdaq: WBTN), a leading global entertainment company and home to some of the world's largest storytelling platforms, is teaming up with The Ankler to talk about the growing influence of webcomics in culture and Hollywood at NAB Show 2025 in Las Vegas. WEBTOON Entertainment CFO & COO David J. Lee and Wattpad WEBTOON Studios Head of Global Entertainment David Madden will be joined by Natalie Jarvey, author of Ankler Media’s creator economy newsletter Like & Subscribe, who will moderate the conversation.
Hear from WEBTOON Entertainment about the new fandoms exploding across genres, how AI is changing the ecosystem, why adaptations of webcomics and webnovels are on the rise, and how these formats are remaking the landscape around IP. The panel “Hollywood's IP Gold Mine: Comics, Fandoms and Creators Building New Worlds” will take place on April 7, 2025 from 2:30-3:15pm PDT in the West Hall of the Las Vegas Convention Center.
The National Association of Broadcasters’ annual NAB Show is the preeminent conference and exhibition driving the evolution of broadcast, media, and entertainment. This year, The Ankler is partnering with NAB to program the show’s first-ever Business of Entertainment Track. The two-day program will deliver insider perspectives, sharp analysis, and candid conversations on the biggest shifts in the industry — from media dealmaking and content bundling to new advertising models, evolving audience trends, and the intersection of Hollywood and the creator economy. The program will feature an exciting lineup of speakers including; Jody Gerson, pioneering chairman and CEO of Universal Music Publishing Group; WWE President Nick Khan and Chief Creative Officer Paul “Triple H” Levesque; Jane Rosenthal, Oscar-and Emmy-nominated producer and co-founder/CEO of Tribeca Enterprises; and Hollywood writer and producer David Goyer, known for Blade, Foundation and his writing on Christopher Nolan’s The Dark Knight trilogy, among others.
WEBTOON Entertainment is a powerhouse in digital storytelling, fueling hit webcomic, and webnovel adaptations worldwide. The company has two studios, Wattpad WEBTOON Studios in the US and Studio N in Korea. WEBTOON Entertainment content has been brought to life on screens everywhere, with projects like Sweet Home and Through My Window (Netflix), Vigilante (Disney+), Sidelined: The QB and Me (Tubi), and Tower of God (Crunchyroll), among many others.
Leading brands, including Duolingo, CAPCOM, DC Comics, HYBE, Ubisoft, Dropout (formerly College Humor), and Discord have partnered with WEBTOON Entertainment to reach new audiences and tap into its massive, Gen Z fanbase.
About WEBTOON Entertainment
WEBTOON Entertainment is a leading global entertainment company and home to some of the world's largest storytelling platforms. As the global leader and pioneer of the mobile webcomic format, WEBTOON Entertainment has transformed comics and visual storytelling for fans and creators.
With its CANVAS UGC platform empowering anyone to become a creator, and a growing roster of superstar WEBTOON Originals creators and series, WEBTOON Entertainment’s passionate fandoms are the new face of pop culture. WEBTOON Entertainment adaptations are available on Netflix, Prime Video, Crunchyroll, and other screens around the world, and the company’s content partners include Discord, HYBE, and DC Comics, among many others.
With approximately 160 million monthly active users, WEBTOON Entertainment’s IP & Creator Ecosystem of aligned brands and platforms include WEBTOON, Wattpad--the world’s leading webnovel platform--Wattpad WEBTOON Studios, Studio N, Studio LICO, WEBTOON Unscrolled, LINE MANGA, and eBookJapan, among others.
About Ankler Media
The Ankler newsletter originally launched in 2017 and quickly became a trusted voice in entertainment business journalism, widely circulated among the most influential leaders in Hollywood. Described as a “hit Hollywood newsletter” by The New York Times, The Ankler provides an uncompromising alternative to traditional trade reporting, shining a light on the often underreported aspects of the industry.
Formed as Ankler Media in January 2022, the company is led by CEO and Editor-in-Chief Janice Min and Editorial Director Richard Rushfield. With over 145,000 subscribers across its suite of newsletters and more than 1.3 million podcast downloads, Ankler Media delivers deep insights and analysis on the rapidly evolving world of entertainment.
About NAB Show
NAB Show is the preeminent conference and exhibition driving the evolution of broadcast, media and entertainment, held April 5-9, 2025 (Exhibits April 6-9) in Las Vegas. Produced by the National Association of Broadcasters, NAB Show is the ultimate marketplace for next-generation technology inspiring superior audio and video experiences. From creation to consumption, across multiple platforms, NAB Show is where global visionaries convene to bring content to life in new and exciting ways. Learn more at NABShow.com.
Contacts
Lauren Hopkinson (lauren.hopkinson@wattpad.com)
SERIES TO KICK OFF WITH “DAN DA DAN: EVIL EYE”
THE WORLDWIDE THEATRICAL PREMIERE OF THE SECOND SEASON OF THE GENRE BENDING OCCULT SMASH HIT
DAN DA DAN SEASON 2 TV SERIES TO STREAM GLOBALLY IN JULY
MBS in Partnership with ADN, GKIDS, and MUSE Announce the Global Theatrical Premiere of DAN DA DAN: EVIL EYE
Coming to Theaters in Asia from MUSE May 30, North American Theaters from GKIDS June 6, and European Theaters from ADN June 7
NEW YORK--(BUSINESS WIRE)--Mainichi Broadcasting System, Inc. announced in partnership with ADN, GKIDS, and Muse a global theatrical premiere for the second season of the smash-hit anime series DAN DA DAN. In celebration of DAN DA DAN’s return, the global theatrical rollout, released as DAN DA DAN: EVIL EYE, outside of Japan, begins on May 30th from Muse in Asia, in North American theaters on June 6th from GKIDS, and in European theaters from ADN on June 7th. The series begins streaming worldwide this July.
The critically lauded and wildly popular show returns for a new chapter, following the first season’s conclusion in December 2024. With production from the acclaimed animation studio Science SARU (DEVILMAN crybaby, Inu-Oh, Scott Pilgrim Takes Off), the series’ second season is co-directed by Fuga Yamashiro, director of the first season, and longtime Science SARU veteran Abel Gongora, who directed the highly acclaimed opening theme animation of the series’ first season. Composer kensuke ushio (Chainsaw Man, DEVILMAN crybaby) returns to the production for the score.
The first season of DAN DA DAN was a global breakout series of 2024. The blistering and genre-bending sci-fi comedy romance garnered widespread critical and audience acclaim for its fantastic animation, sharp writing, and endearing characters. The first season’s opening theme song “Otonoke” from the hit duo Creepy Nuts became a social media phenomenon, maintaining record-breaking run at No. 1 for 20 weeks on the Billboard Global Japan Songs list. The series was praised by The New York Times, Washington Post, Teen Vogue, and more, with global audiences eagerly awaiting the show’s return.
DAN DA DAN is a television adaptation of author Yukinobu Tatsu’s manga of the same name, which is currently serialized in the wildly popular “Shonen Jump Plus” by SHUEISHA, under the globally beloved Shonen Jump imprint. Yukinobu Tatsu previously worked as an assistant to acclaimed author Tatsuki Fujimoto on his global hit series “Chainsaw Man” and “Fire Punch,” and Yuji Kaku on “Hell’s Paradise: Jigokuraku.” The original manga series recently crossed 10 million in sales, more than doubling its circulation following the global success of animated series.
Worldwide Theatrical Premiere Release
In celebration of the return of DAN DA DAN, the theatrical premiere, releasing as DAN DA DAN: EVIL EYE, kicks off the thrillingly eerie EVIL EYE arc, which began in the last episode of the first season. The DAN DA DAN: EVIL EYE theatrical event screens last season’s start of the EVIL EYE arc, along with the first three episodes of the new second season, in addition to an exclusive interview with series co-directors Fuga Yamashiro and Abel Gongora. The global theatrical rollout will cover over 50 countries and regions. Further release details will be announced in collaboration with the theatrical premiere partners in each region.
Global streaming release
DAN DA DAN will stream globally this July. Details on each streaming platform, as well as the latest updates on DAN DA DAN, will be announced via the official English-language social media accounts:
X: @animeDANDADANen | Instagram: @anime_dandadan_en
About DAN DA DAN
DAN DA DAN follows Momo, a high school girl from a family of spirit mediums, and her classmate Okarun, an occult geek. In this new arc, Momo and Okarun set out on their latest adventure, traveling to a hot springs town home rented by Jiji, Momo’s childhood friend and former crush, with the goal to solve the mystery surrounding his family. When they arrive, strange locals derail their investigation before it can properly begin, and the group soon learns there’s more lurking under the surface of the town than they could possibly have imagined.
Based on the popular manga by Yukinobu Tatsu, DAN DA DAN is an electrifying, action-packed love letter to sci-fi and horror with the heart of a ruthlessly funny teen rom-com. In DAN DA DAN: EVIL EYE co-directors Fuga Yamashiro and Abel Gongora bring fans a new story in the latest series from cutting-edge animation studio Science SARU (The Colors Within, Scott Pilgrim Takes Off) with pulse-pounding original music from kensuke ushio (Chainsaw Man).
Rights Notation: ©Yukinobu Tatsu/SHUEISHA, DANDADAN Production Committee
STAFF (Season2)
Original Work: Yukinobu Tatsu | (Serialized in “Shonen Jump Plus” BY SHUEISHA)
Director: Fuga Yamashiro, Abel Gongora
Animation Production: Science SARU
Theatrical Premiere Partners
Muse Communication (For Asia)
Founded in 1992, Muse Communication has over 30 years of expertise in the anime IP industry, collaborating with more than 60 IP providers. The company offers a comprehensive range of services, including film & video distribution, licensing, merchandising, and marketing. Muse’s distribution network spans both international and local platforms, reaching over 40 territories. In Asia, Muse works with 60 partner platforms and connects with 35 million social media subscribers, solidifying its strong market presence in the region. | Instagram
Animation Digital Network (For Europe & French-speaking Africa)
ADN (Animation Digital Network) is a platform dedicated to video-on-demand animation. Launched in 2013, the VOD service now offers a varied selection of Japanese series, classic titles, films, short films, non-Japanese animation series and series for younger audiences. Thanks to shows available H+1 after their broadcast in Japan, ADN subscribers can comfortably and legally discover the best of Japanese pop culture in real time, available in original and/or dubbed versions. ADN supports creation by co-producing new original series. | Website | X | Instagram | Facebook | TikTok | YouTube
GKIDS (For North America, Latin America, Australia & New Zealand)
GKIDS is the Academy Award-winning producer and distributor of artist-driven and award-winning animation from around the world. After an astounding 13 Best Animated Feature nominations, the company took home the Oscar in 2024 for Hayao Miyazaki and Studio Ghibli’s acclaimed feature, The Boy and the Heron. The company’s previous nominations include The Secret of Kells in 2010, A Cat in Paris and Chico & Rita in 2012, Ernest & Celestine in 2014, The Tale of The Princess Kaguya and Song of the Sea in 2015, Boy and the World and When Marnie Was There in 2016, My Life as a Zucchini in 2017, The Breadwinner in 2018, Mirai in 2019, Wolfwalkers in 2021, and The Boy and the Heron in 2024. For more than a decade, GKIDS’ influence on cinema has redefined the perception of animation as an artistic medium on par with live-action film through its stewardship of the Studio Ghibli catalog and by introducing American audiences to the critically-acclaimed films of other master filmmakers from around the world such as Mamoru Hosoda (Mirai, Belle), Tomm Moore (The Secret of Kells, Wolfwalkers), Benjamin Renner (Ernest & Celestine), Makoto Shinkai (Weathering With You), Nora Twomey (The Breadwinner), Alberto Vázquez (Unicorn Wars) and Masaaki Yuasa (Inu-Oh, The Night is Short, Walk on Girl), among countless others. Also, GKIDS is the founder and host of ANIMATION IS FILM, the annual LA-based film festival which embraces the highest aspirations of animation as a cinematic art form, and is a vocal advocate for filmmakers who push the boundaries of the medium to its fullest range of artistic expressions. | X | Instagram | TikTok | Website
About MBS
Mainichi Broadcasting System, Inc. (MBS) is known as a pioneer in the Japanese broadcasting industry. Tracing back through history, MBS was one of the first commercial radio stations in Japan, starting its first radio broadcasts in 1951 and later beginning terrestrial television broadcasting in 1959. MBS has its head office in Osaka, which is the business center of Kansai, the western part of Japan, with new emerging businesses and innovative ideas. For anime, MBS has been co-producing and broadcasting for more than half a century. The broadcaster is the TV home to numerous global hit anime franchises like “Attack on Titan,” “Full Metal Alchemist” and “Jujutsu Kaisen.” In addition to co-producing those and many other series, MBS was a co-producer of “Akira,” seen as one of the most influential anime films of all time. | Website
About Science SARU
Science SARU is an animation production company committed to nurturing new talent and implementing cutting-edge creative technology; the company has produced projects across different mediums, including for television, film, and streaming. Some of Science SARU’s best-known works include Lu Over the Wall, DEVILMAN crybaby, Keep Your Hands Off Eizouken!, Inu-Oh, and The Colors Within, among others. Science SARU’s future releases include the TV anime series SANDA, planned for broadcast in fall 2025, and The Ghost In The Shell, planned for broadcast in 2026. | Website
Contacts
Press Contact: GKIDS for MBS: gkids@42west.net
“DAN DA DAN” the Breakout Hit Anime of 2024 Returns for Season Two
TORONTO--(BUSINESS WIRE)--Postmedia Network Canada Corp. (“Postmedia” or the “Company”) is pleased to announce the appointment of Jason Kenney and Terrie O’Leary to its Board of Directors (the “Board”).
“We are delighted to welcome Mr. Kenney and Ms. O’Leary to our Board. Mr. Kenney and Ms. O’Leary, with their respective depth and breadth of experience, will be valuable additions to our Board,” said Peter Sharpe, Chair of the Board. “On behalf of the Board, we look forward to their many contributions and support in driving long-term value for Postmedia’s stakeholders.”
Jason Kenney is a distinguished Canadian politician who recently completed a 25-year career in elected public service at both the federal and provincial levels. Mr. Kenney served as the 18th Premier of Alberta from 2019 to 2022 and, prior to that, Mr. Kenney was a Member of federal Parliament from 1997 to 2016, representing Calgary Southeast. During this time, he held several key cabinet positions, including Minister for Citizenship, Immigration and Multiculturalism; Minister of Employment and Social Development; and Minister of National Defence. Mr. Kenney is currently a Senior Advisor at Bennett Jones LLP, one of Canada’s premier business law firms, and serves on the board of directors of ATCO Ltd.
Terrie O’Leary is a seasoned executive with significant experience in government relations, strategy and finance. Most recently, Ms. O’Leary served as the Executive Vice President of Business Strategy & Operations at Toronto Global. Ms. O’Leary’s extensive public and private sector experience includes serving as Interim President and CEO of Invest Toronto, as a Board Director at the World Bank in Washington, D.C., and as a member of the board of directors of the Greater Toronto Airports Authority. Ms. O’Leary was also the Chief of Staff to Canada's Minister of Finance, Paul Martin, from 1993 to 1998.
The appointments of Mr. Kenney and Ms. O’Leary, which are effective immediately, follow the previously-announced decisions of Vince Gasparro and Daniel Rotstein to not stand for re-election to the Board at the annual general meeting of shareholders held on February 19, 2025.
About Postmedia Network Canada Corp.
Postmedia Network Canada Corp. (TSX:PNC.A, PNC.B) is the holding company that owns Postmedia Network Inc., a Canadian newsmedia company representing more than 130 brands across multiple print and digital platforms. Award-winning journalists and innovative product development teams bring engaging content to millions of people every week whenever and wherever they want it. This exceptional content, reach and scope offers advertisers and marketers compelling solutions to effectively reach target audiences. Our expertise in home delivery and expanding distribution network powers Postmedia Parcel Services. For more information, visit www.postmedia.com, www.postmediasolutions.com and www.postmediaparcelservices.com.
Contacts
FOR MORE INFORMATION:
Postmedia Communications
inquiries@postmedia.com
