Transcontinental Inc. has announced specifics regarding the sale of some of its Quebec-based newspapers assets, a plan that was first made public in April 2017 when the company launched a process to sell all of its newspapers in Quebec and Ontario, which are controlled under the Montreal company’s TC Media operation. That move came just weeks after selling its newspaper assets in other provinces.
The Quebec and Ontario newspaper sales process, which Transcontinental expected to span several months, involves 93 local and regional publications and their related web properties, including the Métro Montreal newspaper.
Transcontinental is selling its two Drummondville-based publications, L'Express Wednesday Edition and L'Express Weekend, to a Canadian corporation in part led by the company’s former TC Media General Manager for this region, Dave Beaunoyer. The 19 employees of these newspapers are transferred to the new entity, along with four employees from TC Media's production team.
Six of the publications within TC Media’s newspaper sell-off announced last April are going to Gravité Média, a group that includes Julie Voyer, former General Manager at TC Media for the Montérégie region. These publications include: Le Journal Saint-François, Le Soleil de Châteauguay, Brossard Éclair, Le Courrier du Sud, L'information d'Affaires Rive-Sud, and Le Reflet (Delson).
The 55 employees of these publications are transferred to Gravité Média. In addition, nine employees from TC Media's production and finance teams will continue their careers with Gravité Média.
TC Media also announced the sale of its weekly Le Peuple Lotbinière to MELIORMÉDIA Inc. Three employees are transferred to the purchaser.
TC Media Details Sale of Some Quebec Newspapers
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