Skip to main content
Welcome to
super saver spring
offer ends april 20
save over $140
save over 85%
$0.99
per week for 24 weeks
Welcome to
super saver spring
$0.99
per week
for 24 weeks
// //

Postmedia Network Inc. plans to buy a minority stake in The Logic Inc. – a digital-only Canadian media outlet with a mandate to break tech-focused news through investigative journalism, the two companies announced Wednesday.

Andrew MacLeod, chief executive of Postmedia – owner the National Post and other publications – said that discussions began after he and Logic founder David Skok were introduced to each other a few months ago by a mutual acquaintance.

“And then we just realized there might be an opportunity to make something interesting happen. So it evolved,” Mr. MacLeod said Wednesday in a phone interview.

Story continues below advertisement

Some of the details are still being worked out by the two companies, such as the size of Postmedia’s investment, but Mr. MacLeod said there will likely be some revenue sharing.

“We see it as an opportunity to utilize some of the content that The Logic produces and disseminate it across our network.

“And then, as an investor in The Logic, we’re incentivized to help them grow their digital subscription business and we would participate in that growth as a potential investor.”

But Mr. MacLeod said there will be “zero impact” or reduction of Postmedia’s own editorial coverage “because we’re very comfortable – in fact, we’re very proud – of our existing editorial footprint.”

Postmedia’s six-month series on innovation last year won one of the gold medals issued at SABEW Canada’s Best in Business awards in April. The Logic’s coverage also won golds in two categories at the same awards.

Mr. Skok, The Logic’s chief executive and editor-in-chief, wrote in a separate blog posting that the partnership will allow the startup operation to hire more reporters. Its current staff of nine, includes four reporters.

“We hope this will expand the debate on how Canada can continue to be a better place to live and work, and that we can develop our subscriber community as a result,” Mr. Skok wrote.

Your Globe

Build your personal news feed

  1. Follow topics and authors relevant to your reading interests.
  2. Check your Following feed daily, and never miss an article. Access your Following feed from your account menu at the top right corner of every page.

Follow topics related to this article:

View more suggestions in Following Read more about following topics and authors
Report an error
Due to technical reasons, we have temporarily removed commenting from our articles. We hope to have this fixed soon. Thank you for your patience. If you are looking to give feedback on our new site, please send it along to feedback@globeandmail.com. If you want to write a letter to the editor, please forward to letters@globeandmail.com.

Welcome to The Globe and Mail’s comment community. This is a space where subscribers can engage with each other and Globe staff. Non-subscribers can read and sort comments but will not be able to engage with them in any way. Click here to subscribe.

If you would like to write a letter to the editor, please forward it to letters@globeandmail.com. Readers can also interact with The Globe on Facebook and Twitter .

Welcome to The Globe and Mail’s comment community. This is a space where subscribers can engage with each other and Globe staff. Non-subscribers can read and sort comments but will not be able to engage with them in any way. Click here to subscribe.

If you would like to write a letter to the editor, please forward it to letters@globeandmail.com. Readers can also interact with The Globe on Facebook and Twitter .

Welcome to The Globe and Mail’s comment community. This is a space where subscribers can engage with each other and Globe staff.

We aim to create a safe and valuable space for discussion and debate. That means:

  • Treat others as you wish to be treated
  • Criticize ideas, not people
  • Stay on topic
  • Avoid the use of toxic and offensive language
  • Flag bad behaviour

If you do not see your comment posted immediately, it is being reviewed by the moderation team and may appear shortly, generally within an hour.

We aim to have all comments reviewed in a timely manner.

Comments that violate our community guidelines will not be posted.

UPDATED: Read our community guidelines here

Discussion loading ...

To view this site properly, enable cookies in your browser. Read our privacy policy to learn more.
How to enable cookies