Canadian Publishing Industry News
7 November 2017,     MONTREAL
Transcontinental Media sell 21 publications
exiting the publishing feild
exiting the publishing field
Transcontinental Media  announces  the sale of 21 of its publications and their related web properties to Icimédias Inc. In total, 140 employees of these various publications and 28 employees from TC Media's Production team are transferred to Icimédias.  With the completion of this transaction, close to 50% of the titles included in this process are now in the hands of local owners.
The publications sold  are: L'Avenir de l'Érable, La Nouvelle union - Wednesday edition and La Nouvelle union - Sunday edition, in Centre-du-Québec; Beauce Média, L'Éclaireur Progrès, Hebdo Régional, La Voix du Sud and Courrier Frontenac, in Chaudière-Appalaches; Le Progrès de Coaticook and Le Reflet du Lac, in Estrie; Le Courrier Sud, L'Écho La Tuque/Haut-St-Maurice, L'Écho de Maskinongé, L'Hebdo du St-Maurice and L'Hebdo Journal, in Mauricie; L'Avenir et des Rivières, Granby Express, Journal Le Guide, Le Canada Français, Le Richelieu and Coup d'œil, in Montérégie.
 Renel Bouchard, President of Icimédias. "Today's transaction will result in the creation of the largest regional independent newspaper group in Québec. We believe in the future of regional weekly media and are confident that weeklies are critical to the vitality and development of our communities, cities and towns, and their region."
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Jaded says:
Wow, Torstar really seems to be on a mission to bankrupt one magazine after another....
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Full of terrific information, Thanks!...
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