Core Viewpoint - The company will terminate its media operations in Canada effective February 1, 2026, due to a significant shift in audience behavior towards digital and online platforms [1] Group 1: Business Operations - The termination of operations is expected to incur a one-time expense of at least approximately $4 million, which will be recognized in the company's consolidated income statement for the fourth quarter ending March 31, 2026 [1] - The Canadian business has served readers and advertisers for over 32 years [1] Group 2: Strategic Focus - This decision is part of the company's ongoing strategy assessment and resource optimization [1] - The board believes that this move will allow the company to concentrate management efforts and funds on core markets and digital initiatives, aligning with the overall interests of the company and its shareholders [1]
世界华文媒体:终止加拿大业务营运