Reaction has been swift and condemnatory to the announcement Thursday by BCE Inc. that it is laying off 4,800 workers, selling 45 radio stations and slashing news programming...
A new specialty channel focusing on Catholic programming won’t compete with ZoomerMedia Ltd.’s multi-faith channel VisionTV, the CRTC said Tuesday in approving Shalom World for distribution in Canada. ZoomerMedia had argued the U.S. channel would be competitive with...
Heritage Minister Mélanie Joly has appointed Monique Lafontaine as the...
As the Canadian TV industry approaches an era where customers have more choice over the channels they subscribe to, large broadcasters should “pick their winners” and consolidate into a...
Employees of Quebecor Inc.'s Sun News Network expect the channel to shut down operations Friday due to a failure to strike a deal to sell the service to Moses Znaimer's ZoomerMedia Ltd., according to a report Thursday on...
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 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...
ZoomerMedia Ltd. reported a rise in profits and revenues for its third quarter. In a release Wednesday for the company’s financial results for the three-month period that ended March 31, 2013, Zoomer reported third-quarter revenues of $13.1 million, up from $12.8 million in the same quarter last year. Zoomer’s earnings before interest,...