News publishers see audience growth, advertising revenues plummet

The New York Times Company posted a record uptick in digital subscriptions, pushing revenue up slightly for the quarter. The company added 587,000 new digital subs for a total of over five million. Meanwhile, Torstar Corporation––the parent company of the Toronto Star (and this author’s former employer)—now has 32,000 digital-only subscriptions, a 14 per cent increase from the previous quarter. However, Torstar reported that print advertising dropped 58 per cent in the last two weeks of March. And Times CEO Mark Thompson said advertising fell rapidly toward the end of the first quarter, and was expected to fall between 50 to 55 per cent in the next quarter, “with limited visibility beyond that.” For the quarter, Times revenue was up one per cent, while Torstar revenue was down 17 per cent year over year.

Media companies are seeing a rise in digital readership due to the coronavirus pandemic, but are also facing a sharp drop in advertising, from companies looking to preserve cash. Australia announced last month that it will require platforms to compensate news organizations for excerpting their stories in products such as Google News and Facebook’s News Feed. Prime Minister Justin Trudeau said this week that making tech companies share advertising revenue with Canadian media companies was not a priority. His comments came after Canada’s largest newspapers issued a public call for financial support.

Majestic Oil reports passings of 50 winged creatures that arrived on Alberta tailings lakes

Magnificent Oil Ltd. is announcing the passings of 50 feathered creatures that arrived on tailings zones close to its Kearl oilsands venture in northern Alberta.

Royal says in excess of 100 winged creatures for every day, basically grebes and shorebirds, have arrived on the lakes more than a few days, for the most part on untamed water.

Jon Harding, an Imperial representative, says a portion of the slick feathered creatures have been taken to a restoration place in Edmonton where they will be cleaned and surveyed.

Magnificent says the flying creatures arrived in spite of dynamic hindrance frameworks including radar location, commotion guns, eye-safe lasers, scarecrows, and long-go clamor making gadgets.

It says the framework is kept up and worked by a very much prepared, experienced and committed group that works all through the yearly flying creature movement and rearing season.

Royal says it accepts depleted fowls arrived at the Kearl site notwithstanding the obstructions on the grounds that the majority of the normal water bodies in the territory are as yet solidified.

“We particularly lament this circumstance and are bending over backward to shield the feathered creatures and gain from these expanded arrivals,” Harding said in an email Tuesday.

“Our work force, with master outsider help, keep on effectively screen the circumstance and are making every single judicious move to securely urge the fowls to maintain a strategic distance from and get off landing zones.”

Harding said Imperial has informed industry controllers about what occurred.

In January 2019, Syncrude was fined more than $2.7 million subsequent to confessing to ecological charges in the passings of 31 extraordinary blue herons at one of its oilsands mines north of Fort McMurray in 2015.

A concurred proclamation of realities said that Syncrude conceded that a surrendered sump lake wherein the winged creatures were found didn’t have impediments to shield waterfowl from arriving on it, despite the fact that the lake met models for being high hazard.

Fencing and winged creature impediments were then introduced and the lakes were brought under Syncrude’s arrangement to get untamed life far from harmful materials at its mine.

In 2010, Syncrude was fined $3 million after in excess of 1,600 ducks kicked the bucket when they arrived on a tailings lake in 2008.

Syncrude was seen as blameworthy of government and commonplace ecological charges over the duck passings.