Quebecor Media and Jean Coutu Group sign one of the biggest commercial deals in Quebec
Montréal, April 27, 2011 - Quebecor Media is pleased to announce the conclusion of a 50 million dollar five-year deal with The Jean Coutu Group (PJC) Inc., a leader in the retail pharmacy industryin Canada, for the production of its printed promotional material, including its weekly flyer. Since April 21, the printing of Jean Coutu Group’s weekly flyer program is handled by Quebecor Media Printing. This is one of the most important commercial printing contracts in Quebec, representing roughly 150 million impressions every year.
The partnership will extend beyond printing operations as other Quebecor Media companies will be put to task, notably, TVA Studio, a subsidiary of TVA Group specializing in custom publishing. Printing operations will be conducted at Quebecor Media’s state-of-the-art facilities in Mirabel. This is a crucial step in the deployment of Quebecor Media’s global advertising and marketing solutions; these now enable the company to offer its business partners fully integrated strategies to promote their brand and inform their customers.
« This partnership with The Jean Coutu Group was made possible by our highly innovative approach in terms of integrated solutions; it is the perfect example of the huge potential of the new business model we implemented; it clearly demonstrates that advertisers value the complementary synergies that we built between various Quebecor Media components, thanks to, among other things, a $125-million investment in Quebec to modernize our commercial printing facilities and equip them with the latest technology », said Pierre Karl Péladeau, President and Chief Executive Officer of Quebecor. « To meet the ever more sophisticated needs of our business partners, we must offer unique and complete solutions that provide maximum impact to their campaigns. »
On top of massive investments in its printing capacity in Quebec, in 2009 the company also created a vast distribution network that encompasses the whole province. Also in 2009, its national sales teams in the rest of Canada were merged into one group and, in 2010, its national sales teams in Quebec were also consolidated into a new group. The new one-stop shops redefine customer relationship by bringing under one roof the expertise of all of Quebecor Media’s advertising and marketing advisers. Together, they develop innovative solutions that effectively help the company’s clients overcome present and future challenges.
Quebecor Media also launched eight new community newspapers in Quebec en 2010, thus increasing media diversity. In 2011, the company acquired Les Hebdos Montérégiens, a transaction which added 15 titles at once to its community newspaper network, making it an unparalleled distribution channel for Canadian retailers.
About Quebecor Media
Quebecor Media Inc. is a subsidiary of Quebecor Inc. (TSX: QBR.A, QBR.B), a communications company with operations in North America, Europe and Asia, with over 16,000 employees. Quebecor Media owns operating companies in numerous media-related businesses: Videotron Ltd., an integrated communications company engaged in cable television, interactive multimedia development, Internet access services, cable telephony and wireless telephone service; Sun Media Corporation, the largest publisher of newspapers in Canada; Canoe.ca., operator of a network of English and French language Internet properties in Canada; Quebecor Media Network, provider of flyer printing and distribution services; TVA Group Inc., operator of the largest French language over the air television network in Québec, a number of specialty channels and the English-language channel Sun News Network; Nurun Inc., a major interactive technologies and communications agency with offices in Canada, the United States, Europe and Asia; magazine publisher TVA Publishing Inc.; book publishers and distributors Sogides Group Inc. and CEC Publishing Inc.; Archambault Group Inc. and TVA Films, companies engaged in the production, distribution and retailing of cultural products; Le SuperClub Vidéotron ltée, a DVD and console game rental and retail chain; and Quebecor MediaPages, publisher of print and online directories.
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J. Serge Sasseville
Vice President, Corporate and Institutional Affairs
Quebecor Media Inc.