Jan 13 (Reuters) - Postmedia Network Canada Corp PNCa.TO :
* Reports first quarter results
* Says revenue for the quarter was $251.1 million as compared to $169.5 million
in the prior year
* Qtrly loss per share $0.02
* Now targeting an additional $30 million in annualized cost savings bringing
the total of cost reduction program to $80 million
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