Evolution of the Media

By: paNOW Staff

Welcome to the NEW paNOW!

September 30, 2014 - 9:35pm Updated: October 1, 2014 - 6:44pm

Welcome to the ‘new’ paNOW!  As you check us out you’ll find the same information you’ve come to expect in a fresh, new package.  Our team of talented designers and programmers has put more focus on photos and they’ve designed paNOW to display correctly on mobile devices.  It’s hard to believe but nearly four years ago when we launched paNOW most of our readers consumed paNOW on desktops and laptops.  Today, more and more people are checking us out on mobile phones and tablets and ‘pinching and pulling’ just doesn’t cut it.  Rather than develop a bunch of apps we opted to rebuild paNOW in a

paNOW.com to Stay Free

June 19, 2014 - 8:17am Updated: June 19, 2014 - 12:09pm

by: Karl Johnston, Publisher

Yesterday, you could catch up on local news and happenings for free at paNOW.com AND the website of the Prince Albert Daily Herald. Today, the Herald is making you pay after imposing a paywall for online readers. The free ride is over for Herald readers.

Here, at paNOW.com no news is good news: paNOW will stay free.

Montreal La Presse print edition to disappear

May 15, 2014 - 9:30pm

The Canadian Press with paNOW files

MONTREAL - One of Power Corp.'s two co-chief executives says the print edition of Montreal La Presse will disappear "eventually."

Co-chief executives Andre and Paul Desmarais Jr. noted the growing interest in online news as well as a steady decline in revenue from print advertising for newspapers.

The issue was raised during Power Corp.'s annual meeting in Montreal on Thursday when Paul Desmarais Jr. was asked whether he foresees the disappearance of the print edition of its flagship newspaper.

Your Thursday Flyer Bundle: Going, Going, Gone?

May 9, 2014 - 10:35am Updated: May 9, 2014 - 1:37pm

The days of receiving a pile of printed flyers on your doorstep may be numbered. In March, Canadian retailer Sports Chek ran a two week test and switched entirely to online flyers from its heavily-circulated print advertising flyers. Sports Chek is a wholly owned subsidiary of Canadian Tire.

Sport Chek’s two week experiment that saw it forego traditional flyers resulted in an in-store sales rise of 12 per cent and sales of the specific items promoted in the circular up 23% from a year earlier the company reported.

Local Publisher Predicts Tough Times Ahead

March 11, 2014 - 4:03pm

The parent company of the Prince Albert Daily Herald expects the tough times to continue for the media division of the company. Transcontinental Media reported today revenue in the media division declined 6.3% or 10.4 million dollars to 154 million dollars in the first quarter, compared to the same quarter the previous year. The quarterly financial statement does not break out revenue by individual product. In a statement from the company, Transcontinental reports “the difficult market conditions with respect to advertising revenues in our local and national markets are likely to continue.

Transcontinental Inc. Ends Fiscal 2013 with a Steady Performance

February 10, 2014 - 9:18am

Transcontinental is reporting overall revenues of 2.1 billion dollars for 2013, virtually unchanged year over year. Net income was up 5.2% to 157 million dollars. The company credits the results to strong performance by the printing division, despite losing the printing and distribution contract for Zellers.

The Quebec based company publishes flyers, magazines and newspapers, including The Prince Albert Daily Herald.

Will Paywalls Save the Newspaper Business?

February 2, 2014 - 1:26pm

by Stephen Pate
From Rupert Murdoch to the 25 local newspapers in the Quebec based Transcontinental chain, newspapers are struggling to survive the double whammy of the digital world and young readers who don't give a flying fig about reading a paper.

Paywalls, charging for online access, is a temporary fix for the huge decline in newspaper subscription and advertising revenue.

The long-term survival of newspapers is in doubt.

Young readers get the news free from the Internet and have little brand loyalty to the old names in newspapers.

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