Sun Media

Sun Media Corporation
Company typeSubsidiary
IndustryPrinting
Founded4 February 1978 (1978-02-04) (as Sun Publishing)
Defunct13 April 2015 (2015-04-13)
FateSold to Postmedia Network
HeadquartersToronto, Ontario, Canada
Key people
Pierre Karl Péladeau - Former President & CEO
ProductsNewspapers
ParentPostmedia Network Inc

Sun Media Corporation was the owner of several tabloid and broadsheet newspapers in Canada and the 49 percent owner of the now defunct Sun News Network. It was a subsidiary of Quebecor Media.

On October 6, 2014, Quebecor Media announced the sale of the remaining English-language print assets of Sun Media to rival Postmedia. The sale included neither the Sun News Network, which subsequently closed when a buyer was not found, nor Quebecor's French-language papers Le Journal de Montréal and Le Journal de Québec.[1] The sale was approved by the federal Competition Bureau on March 25, 2015,[2][3] and closed on April 13.[4] Canoe Sun Media merged with Postmedia rather than being maintained as a separate division.[5]

Quebecor had previously sold its community newspapers in Quebec to TC Transcontinental in June 2014, under a deal first announced in December 2013.[6]

  1. ^ "Quebecor sells 175 Sun Media newspapers and websites to Postmedia - Business - CBC News". Cbc.ca. 2014-10-06. Retrieved 2016-12-15.
  2. ^ "Postmedia gets OK from Competition Bureau to buy Sun Media newspapers". Toronto Star. March 25, 2015. Retrieved March 25, 2015.
  3. ^ "Postmedia buys Sun Media's English titles for $316-million — including flagship Toronto Sun". National Post. October 6, 2014. Retrieved October 6, 2014.
  4. ^ "Postmedia-Sun Media deal officially closes". The Globe and Mail. 2015-04-13. Retrieved 2016-12-15.
  5. ^ "Canoe | Celebs - Trends - Travel - News - Tech | Videos | Autos". En.canoe.com. Archived from the original on April 25, 2015. Retrieved 2016-12-15.
  6. ^ TC Transcontinental (2014-06-02). "Transcontinental Inc. completes transaction with the Sun Media Corporation in Quebec". Retrieved 2014-10-09.

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