Canadian Publishing Industry News
24 August 2021,     MONTREAL
IGA Takes Majority Stake in Ricardo Media
Ricardo Media and IGA have formed a new partnership. IGA has invested in a majority stake in the media company and its various business lines—magazine, TV shows, online, books, stores, restaurants, and food. IGA and Ricardo have a longstanding relationship
            Ricardo Media will continue to operate in its current form. Co-founders Ricardo Larrivée and Brigitte Coutu will remain in their leadership positions and employees are expected to keep their positions.


            "Brigitte and I have been passionately building the Ricardo brand for 20 years. Partnering with IGA is an important step in our entrepreneurial journey, enabling us to accelerate the brand development and ensure its sustainability in Quebec and across the country,” said Larrivée

            Founded in 2002, Ricardo Media focuses on food both in media and retail. Its eponymous magazine is read by one million readers, it has a daily television program, has published ten books in French and English, and its website clocks in 5.4 million visits a month.

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