TC Media acquires Sun Media’s portfolio of community weeklies

5 Dec 2013

Sun Media and TC Media, a division of TC Transcontinental, announce the closing of a transaction whereby TC Media will acquire Sun Media’s 74 Québec weeklies for $75 million

“The digital revolution has brought profound changes in local print media markets,” noted Robert Dépatie, President and CEO of Quebecor Media, the parent corporation of Sun Media. “Advertisers now have a multitude of platforms available to them that did not even exist little more than 10 years ago. We believe in the future of print media but we cannot ignore the new market realities”.

“We are very pleased with this deal,” Mr. Dépatie continued. “We are ensuring these newspapers will stay in Québec hands by selling them to another major Québec company, Transcontinental.”

“Acquiring Sun Media’s 74 community papers in Quebec is in line with our strategy to strengthen the core assets of TC Media and develop a local digital media offering for businesses and communities,” said François Olivier, President and CEO of TC Transcontinental. “This transaction will also give us the opportunity to continue building multiplatform offerings across all of Quebec by drawing on the talents of our people and on all those who work on the Sun Media community papers in Quebec. We are keen to welcome them into our midst soon.”

The transaction is subject to approval by regulatory authorities, specifically the Competition Bureau. While it is under review, Sun Media will continue publishing the weeklies in question.

“After this transaction, Quebecor Media will remain an important player on the Québec media landscape,” said Mr. Dépatie. “We will still be the owners of the dailies Le Journal de Montréal, Le Journal de Québec and 24 Heures, as well as QMi Agency.”

In conclusion, Mr. Dépatie added: “We thank all the employees who have made it possible for these newspapers to inform the communities they serve over the decades. It is thanks to them that Quebecor Media has become the major corporation it is today.”

About Sun Media Corporation

Sun Media Corporation, a subsidiary of Quebecor Media Inc., is Canada’s largest newspaper publisher, based on paid and free circulation, publishing over 15.1 million copies each week. With 36 paid-circulation daily newspapers and 3 free dailies in 9 of the 10 largest urban markets in Canada, each with its own dedicated website, and almost 200 community newspapers, shopping guides and other specialty publications, Sun Media Corporation’s English and French language newspapers and websites make it a leading provider of local news and information. Sun Media Corporation includes the activities of Osprey Media and Canoe.ca, an integrated enterprise offering e-commerce, information and communication services that operates a network of Internet portals that attracts over 10.5 million unique visitors per month in Canada, including 5.7 million in Québec. Sun Media Corporation also provides a range of commercial printing and related services as well as distribution services for newspapers, flyers and magazines. 

 

List of the 74 community papersacquired by TC Media

Le Citoyen de la Vallée de l’Or

Val-d’Or, Amos

Le Citoyen de l’Harricana

Val-d’Or, Amos

Le Citoyen Rouyn Noranda

Rouyn-Noranda

Le Citoyen Abitibi Ouest

Rouyn-Noranda

Éclaireur Progrès

Saint-Georges

Hebdo Régional

Saint-Georges

Beauce Media

Sainte Marie

Les Actualités d’Asbestos

Asbestos

Le Plein Jour de Baie Comeau

Baie-Comeau

Le Port-Cartois

Port Cartier

Le Nord Est

Sept-Îles

Le Saint-Laurent Portage

Rivière-du-Loup

Le Mirabel

Saint-Jérôme

L’Information du Nord - Mont Tremblant

Tremblant

L’Information du Nord - Ste-Agathe

Sainte-Agathe

L’Information du Nord - Vallée de la rouge

L’Annonciation

L’Écho de la lièvre

Mont-Laurier

Le Peuple Lotbinière

Laurier Station

Le Peuple Lévis

Lévis / Montmagny

Courrier du Sud

Longueuil

Le Journal de Sherbrooke

Sherbrooke

L’Oeil Régional

Beloeil

La Seigneurie

Boucherville

Le Journal de Chambly

Chambly

Le Soleil de Salaberry-de-Valleyfield

Valleyfield

Le Reflet

Delson

Le Journal de St-Bruno

St-Bruno

Le Soleil du Samedi

Châteauguay

Le Soleil du Mercredi

Châteauguay

L’Information Ste-Julie

Ste-Julie

Le Journal St-François

Valleyfield

Les 2 Rives

Sorel

L’Écho Abitibien

Val-d’Or

La Frontière

Rouyn-Noranda

Businest

Rimouski

Le Transgaspésien

Gaspé

L’Avant-Poste

Amqui

L’Écho de la Baie

New-Richmond

L’Aviron

Campbelton, Nouveau-Brunswick

Le Havre

Chandler

Le Pharillon

Gaspé

L’Information Mont-Joli

Mont-Joli

Le Riverain

Ste-Anne-des-Monts

Le Sentinelle de Chibougamau

Chibougamau

Le Jamésien

Chibougamau

Brossard-éclair

Brossard

Le Journal de St-Hubert

St-Hubert

The Gleaner - La Source

Huntingdon

Sortir

Boucherville

Agri-Vallée

Valleyfield

L’Information d’Affaires Rive-Sud

Beloeil

La Voix

Sorel

La Voix de la Matanie

Matane

La Voix Gaspésienne

Matane

Le Courier du Fleuve

Rimouski

Le Journal des Pays d’en-Haut La Vallée

Saint Sauveur / Sainte-Adèle

Le Progrès Écho

Rimouski

Le Réveil

Saguenay

Le Rimouskois

Rimouski

VISION

Rimouski

L’Écho du Nord

St-Jérôme

L’Écho de St-Eustache

St-Eustache

L’Impact de Drummondville

Drummondville

Pub Extra

Laval-Laurentides

L’Écho de Victoriaville

Victoriaville

L’Écho de la Rive Nord

Ste-Thérèse

L’Écho de Laval

Laval

Le Journal de Magog

Magog

Le Point du Lac St-Jean

Lac St-Jean

Le Journal de Joliette

Joliette

L’Écho de Repentigny

Repentigny

L’Écho de Trois-Rivières

Trois-Rivières

L’Écho de Shawinigan

Shawinigan

L’Écho de St-Jean-sur-Richelieu

St-Jean-sur-Richelieu