TORONTO — The head of Postmedia Network believes the newspaper chain’s competitors will soon follow it towards an online pay-per-view model as the industry searches for new digital revenues to offset tumbling advertising sales.
“We were a bit of a pioneer in Canada, but not a pioneer in the industry overall, but I think for us to hit this grand slam that we all want to hit, I think that’s one part of the puzzle,” president and CEO Paul Godfrey told analysts after the company reported fatter profits but falling revenues in its latest quarter.
