Sun Media

Sun Media Corporation
Company typeSubsidiary
IndustryPrinting
Founded4 February 1978; 46 years ago (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% 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.