Sun Media
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.
Company type | Subsidiary |
---|---|
Industry | Printing |
Founded | 4 February 1978 (as Sun Publishing) |
Defunct | 13 April 2015 |
Fate | Sold to Postmedia Network |
Headquarters | Toronto, Ontario, Canada |
Key people | Pierre Karl Péladeau - Former President & CEO |
Products | Newspapers |
Parent | Postmedia Network Inc |
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. The sale was approved by the federal Competition Bureau on March 25, 2015, and closed on April 13. Canoe Sun Media merged with Postmedia rather than being maintained as a separate division.
Quebecor had previously sold its community newspapers in Quebec to TC Transcontinental in June 2014, under a deal first announced in December 2013.