Adoption of bill 204: “The ball is now in our court!” – Pierre Karl Péladeau, President and CEO of Quebecor Inc. and Quebecor Media Inc.
Montreal, September 21 2011 – Mr. Pierre Karl Péladeau, President and Chief Executive Officer of Quebecor Inc. and Quebecor Media Inc. welcomes the adoption by the National Assembly of bill 204 regarding the new Quebec City arena. Quebecor Media believes this law will provide legal protection to the final contractual agreements recently signed with the City of Québec for the management of the arena.
“We now have all the necessary tools to reach the objective we set out to bring the Nordiques back to Quebec City. The population of Quebec City and all hockey fans can count on our unwavering determination in our ongoing representations to the National Hockey League,” said Pierre Karl Péladeau.
Although Quebecor Media has no guarantee from the NHL and intends to remain discreet about its efforts, it considers itself to be well positioned to bring this project to fruition. “The passion of Quebec City residents and those of Québec as a whole for our national sport is a powerful argument. I invite everyone to unite and mobilise their strength to push this collective project forward. The ball is now in our court and it’s our turn to play!” adds Pierre Karl Péladeau.
Finally, Quebecor Media wishes to remind everyone that, although it will act as the new arena’s manager, the arena will remain a public good belonging to all the citizens of Quebec City. Quebecor Media will do all that it can to ensure that the people of Quebec City make the arena their own and that the arena becomes a source of pride for all residents.
About Quebecor Media
Quebecor Media Inc. is a subsidiary of Quebecor Inc. (TSX: QBR.A, QBR.B), one of Canada’s largest telecommunications and media holding companies. Quebecor Media has over 16,000 employees in a number of media-related operating companies: Videotron Ltd., an integrated communications company engaged in cable television, interactive multimedia development, Internet access services, cable telephone service and mobile telephone service; Sun Media Corporation, the largest publisher of newspapers in Canada; Canoe.ca, operator of a Canadian network of English- and French-language Internet properties; TVA Group Inc., operator of the largest French‑language conventional television network in Québec, a number of specialty channels, and the English‑language Sun News Network; and Nurun Inc., a major interactive technologies and communications agency with offices in Canada, the United States, Europe and Asia. Quebecor Media Inc. is engaged in magazine publishing (TVA Publishing Inc.); book publishing and distribution (Sogides Group Inc. and CEC Publishing Inc.); production, distribution and retailing of entertainment products (Archambault Group Inc. and TVA Films); rental and retailing of DVDs, Blu-ray discs and console games (Le SuperClub Vidéotron ltée); printing and distribution of community newspapers and flyers (Quebecor Media Printing Inc. and Quebecor Media Network Inc.); production and dissemination of news content (QMI Agency); multiplatform advertising (QMI Sales); and print and online directories (Quebecor MediaPagestm).
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J. Serge Sasseville
Vice President, Corporate and Institutional Affairs
Quebecor Media Inc.
Director, Special projects
Quebecor Media Inc.