Transcon keeps on buying
community papers
Quietly, steadily, Transcontinental Media is buying up small newspapers across the country and now has amassed 168 titles. Transcon is the 4th largest media group in Canada. In addition to being one of Canada's largest printers and distributors and a growing new media player as well as the largest producer of consumer magazines, it seems intent on building a formidable community newspaper empire across the country. A release says that, with the latest acquisition, it now produces 250 million copies annually.
In Saskatchewan, for instance, it just bought the weekly The Oxbow Herald, adding it to 8 other newspapers it has acquired in that province alone: two dailies, thePrince Albert Daily Herald, and the Moose Jaw Times-Herald and six weeklies and bi-weeklies: The Radville Star, The Deep South Star, The Triangle News in Coronach, The SouthWest Booster in Swift Current, The Grenfell Sun and The Broadview Express.
In Saskatchewan, for instance, it just bought the weekly The Oxbow Herald, adding it to 8 other newspapers it has acquired in that province alone: two dailies, thePrince Albert Daily Herald, and the Moose Jaw Times-Herald and six weeklies and bi-weeklies: The Radville Star, The Deep South Star, The Triangle News in Coronach, The SouthWest Booster in Swift Current, The Grenfell Sun and The Broadview Express.
Labels: Transcontinental
4 Comments:
Oh hurrah. Transcon continues to buy newspapers.
Really not all that surprising. The story of Transcon is Quebecor guy (Remi) departs, starts rival printery, starts buying newspapers to feed the presses, then magazines to feed the presses, then...what? Well, that's all. Transcon continues it's strategy of smash and grab. Newsflash: smoking's bad for you. Quick, somebody call CNN.
Where's the poop on who's next to lead Rogers Publishing (Marc Blondeau please step forward), because everyone knows Brian is getting a bit long in the tooth (62?) and, after Hello! it really is time to say good bye...
Brian Segal says he has no intention of retiring anytime soon. If he did, Marc Blondeau would be a logical -- but not the only -- choice.
If BS says he has no intention of retiring "anytime soon" I will help you clean the egg off your face when he announces his departure within a year.
Free of charge, too.
There will be no egg on my face, since it is only you who is talking about this.
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