Comp Bureau approves proposed Sun Media sale

Media | 03/25/2015 2:27 pm EDT

The Competition Bureau said Wednesday it will not challenge Postmedia Network Canada Corp.’s purchase of Quebecor Inc.’s English-language Sun Media newspapers. The bureau said in a Wednesday release that the proposed acquisition is unlikely to lessen or prevent competition, citing several reasons including that Postmedia’s broadsheet...

Digital advertising exchange adds 4 companies

Media | 02/19/2015 3:39 pm EST

A coalition called Canada's Premium Audience Exchange (CPAX) said Thursday that four new companies have joined the exchange, which allows website operators to sell digital advertising in real time. CPAX said in a press...

Ratings, revenues never enough to make Sun News Network worthwhile: experts

Media | 02/13/2015 9:59 pm EST

Quebecor Inc. said it took Sun News Network off the air early Friday morning due to “a series of barriers to carriage,” while some experts said the long-struggling channel’s...

Sun News Network close to closing: report

Media | 01/26/2015 10:00 pm EST

Quebecor Inc.'s Sun News Network is close to shutting down, a report on the news website Canadaland said Monday. The report cited unnamed sources as saying negotiations for its acquisition by Moses Znaimer's ZoomerMedia...

ZoomerMedia in talks to buy Sun News: report

Media | 12/09/2014 2:59 pm EST

ZoomerMedia Ltd., the media company led by Moses Znaimer and that caters to the 45-years-and-older age group, is in talks to buy Quebecor Inc.'s Sun News Network, according to a report. Website Cartt reported Tuesday that ZoomerMedia is currently in in an exclusive negotiating window for the news channel, according to two unnamed sources. In October, Quebecor announced it was selling 175 English-language newspapers to Postmedia Network Canada Corp. for $316 million, including those within the Sun brand. With that newspaper sale poised to separate the print assets from the TV channel...

Postmedia reports $11.8-million quarterly loss

Media | 01/09/2014 7:55 pm EST

Postmedia Network Canada Corp., operator of newspapers and news websites across Canada, reported on Thursday an $11.8-million first quarter net loss for the three months ended Nov. 30. Postmedia, which owns brands such as the National Post, the Montreal Gazette and Canada.com, said in a release it earned $6.7 million at the same time last year....