The Montreal Gazette: Under American Ownership
I recently discovered that The Gazette, our city's longstanding English-language newspaper, is owned by Postmedia Network, a company controlled by the American hedge fund Chatham Asset Management.
Postmedia Network, established in 2010, acquired numerous Canadian newspapers, including The Gazette, following the bankruptcy of Canwest. Chatham Asset Management, known for its connections to the U.S. Republican Party, holds a significant stake in Postmedia, influencing its operations and editorial direction.
This raises questions about the influence of foreign ownership on our local media landscape. How do you feel about The Gazette being under the control of an American hedge fund? Do you think this affects the newspaper's coverage of local issues? Is it time to reconsider the ownership structure of our Canadian media outlets to ensure they serve our communities best interests?