Tuesday, August 11, 2009

'We believe in newspapers' Quebecor CEO says

At a time when many are writing obituaries for newspapers, Quebecor Media Inc. president and CEO Pierre Karl Peladeau is optimistic.

"We certainly believe in newspapers," said Peladeau, pointing to the company's $250-million construction of new printing facilities in Toronto and Montreal and acquisition of the Osprey chain of papers in 2007.

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