Sun Media
This article includes a list of general references, but it remains largely unverified because it lacks sufficient corresponding inline citations. (January 2012) |
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 |
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.
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]
History[]
Sun Publishing was formed on February 4, 1978 through the amalgamation of Toronto Sun Holdings Ltd and Toronto Sun Publishing Ltd. The two companies had been formed in 1971 with the launch of the Toronto Sun by former staffers of the defunct Toronto Telegram. On February 14, 1978, the Edmonton Sun, the second member of what would become the Sun chain, was announced through a partnership of Sun Media and Edmonton Sun Publishing Ltd. The paper was launched on April 2, 1978. In 1981, the outstanding shares of Edmonton Sun Publishing Ltd were acquired by Sun Media. The company purchased the Calgary Albertan on July 31, 1980 for $1.3 million and relaunched it days later as the Calgary Sun, with the same format and appearance as its sister papers.
In 1983, 50% of Sun Media was acquired by Maclean-Hunter for $55 million. That same year, Sun Media, with Maclean-Hunter's backing, acquired the Houston Post for $100 million in an attempt to expand into the United States. It was sold for $150 million four years later. In 1987, Maclean-Hunter's Financial Post weekly was sold to Sun Media for $46 million and was relaunched as a daily tabloid financial newspaper the following year. In 1988, Sun Media acquired the Ottawa Sunday Herald which it would relaunch as the daily Ottawa Sun.[7]
In 1994, Maclean-Hunter was purchased by Rogers Communications. Two years later, on October 4, 1996, the management of the Sun chain under the leadership of Paul Godfrey purchased Rogers' share of the Sun Publishing and renamed the company Sun Media. In 1998, the Financial Post was sold to Southam Inc. in exchange for the Hamilton Spectator, the Kitchener-Waterloo Record, the Guelph Mercury, and the Cambridge Reporter. Also in 1998, Sun Media was purchased by Quebecor and maintained as a wholly owned subsidiary of it. Godfrey had sought out Quebecor as a "white knight" in order to frustrate an attempted hostile takeover by the Sun's longtime rival, the Toronto Star. In 1999, Quebcor sold the four recently acquired southern Ontario newspapers to the owners of the Toronto Star and became part of its Metroland Media Group. Southam, owned by Conrad Black, would relaunch the Financial Post as the National Post. In 2007, Sun Media acquired and absorbed the Osprey Media chain of small English language newspapers mostly based in Ontario. In 2014, after years of cuts and restructuring, Quebecor sold its Sun Media division to Postmedia which, ironically, had former Sun Media CEO Paul Godfrey as its chief executive. The sale was completed in April 2015 and Sun Media was dissolved with its newspapers being absorbed by the Postmedia chain.
Sun Media publications[]
Sun newspapers[]
Le Journal newspapers[]
- Le Journal de Montréal
- Le Journal de Québec (Quebec City)
24hrs newspapers[]
Local daily newspapers[]
Alberta[]
Manitoba[]
Ontario[]
- Belleville Intelligencer - Belleville
- Brantford Expositor - Brantford
- - Chatham
- Cornwall Standard Freeholder - Cornwall
- Kenora Daily Miner and News - Kenora
- Kingston Whig Standard - Kingston
- London Free Press - London
- Niagara Falls Review - Niagara Falls
- North Bay Nugget - North Bay
- - Cobourg
- - Orillia
- Owen Sound Sun Times - Owen Sound
- Pembroke Daily Observer - Pembroke
- Peterborough Examiner - Peterborough
- Sarnia Observer - Sarnia
- Sault Star - Sault Ste. Marie
- Simcoe Reformer - Simcoe
- St. Catharines Standard - St. Catharines
- St. Thomas Times-Journal - St. Thomas
- Sudbury Star - Sudbury
- The Barrie Examiner - Barrie
- The Beacon Herald - Stratford
- The Recorder & Times - Brockville
- Timmins Daily Press - Timmins
- Welland Tribune - Welland
- Woodstock Sentinel-Review - Woodstock
Weekly newspapers[]
Alberta[]
- - Airdrie
- - Banff
- Camrose Canadian - Camrose
- - Cochrane
- - Cold Lake
- - Leduc
- - Devon
- Drayton Valley Western Review - Drayton Valley
- - Edmonton
- Edson Leader - Edson
- - Fairview
- Fort Saskatchewan Record - Fort Saskatchewan
- - Hanna
- - High River
- Hinton Parklander - Hinton
- - Lacombe
- - Leduc
- - Mayerthorpe
- Meridian Booster - Lloydminster
- - Nanton
- - Grande Prairie
- - Peace River
- Pincher Creek Echo - Pincher Creek
- - Sherwood Park
- - Spruce Grove
- - Stony Plain
- - Strathmore
- - Beaumont
- - Vermilion
- - Vulcan
- - Wetaskiwin
- Whitecourt Star - Whitecourt
Manitoba[]
Ontario[]
- Bancroft This Week - Bancroft
- - Barry's Bay
- Bradford West Gwillimbury Times - Bradford
- Chatham This Week - Chatham
- Clinton News-Record - Clinton
- Cochrane Times-Post - Cochrane
- - Collingwood
- - Prince Edward County
- Elliot Lake Standard - Elliot Lake
- - Fort Erie
- - Kingston
- - Gananoque
- Goderich Signal Star - Goderich
- Haliburton Echo - Haliburton
- - Hanover
- - Ingersoll
- - Innisfil
- - Port Colborne
- - Kapuskasing
- Kincardine News - Kincardine
- Kingston This Week - Kingston
- Lakeshore Advance - Grand Bend
- - Kenora
- Leader-Spirit - Dresden
- - Lucknow
- Mid-North Monitor - Espanola
- - Petrolia
Saskatchewan[]
- - Melfort
- - Nipawin
Other publications[]
Magazines[]
Former assets[]
The following publications have been closed by Sun Media:[8]
- 24 Hours in Ottawa, Calgary and Edmonton
- Canmore Leader, Canmore, Alberta (merged to become the Bow Valley Crag & Canyon in 2013)
- Banff Crag & Canyon, Banff, Alberta (merged to become the Bow Valley Crag & Canyon in 2013)
- , Beausejour, Manitoba
- , Lac du Bonnet, Manitoba
- The Lindsay Daily Post, Lindsay, Ontario
- Midland Free Press, Midland, Ontario
- , Montérégie, Québec
- , Saint-Lambert, Quebec
- , Bellechasse, Quebec
- , Meadow Lake, Saskatchewan
- , Crowsnest Pass, Alberta
- CKXT-DT - closed 2011
- Sun News Network
Sold[]
- Houston Post, Houston, Texas (acquired in 1983, sold in 1987)
- The Hamilton Spectator, Hamilton, Ontario (acquired 1998, sold in 1999)
- Kitchener-Waterloo Record, Kitchener, Ontario (acquired 1998, sold in 1999)
- Guelph Mercury, Guelph, Ontario (acquired 1998, sold in 1999)
- Cambridge Reporter, Cambridge, Ontario (acquired 1998, sold in 1999)
- CP24 - 29.9% interest sold to CHUM Limited in 2004. Now owned by Bell Media.
References[]
- ^ "Quebecor sells 175 Sun Media newspapers and websites to Postmedia - Business - CBC News". Cbc.ca. 2014-10-06. Retrieved 2016-12-15.
- ^ "Postmedia gets OK from Competition Bureau to buy Sun Media newspapers". Toronto Star. March 25, 2015. Retrieved March 25, 2015.
- ^ "Postmedia buys Sun Media's English titles for $316-million — including flagship Toronto Sun". National Post. October 6, 2014. Retrieved October 6, 2014.
- ^ "Postmedia-Sun Media deal officially closes". The Globe and Mail. 2015-04-13. Retrieved 2016-12-15.
- ^ "Canoe | Celebs - Trends - Travel - News - Tech | Videos | Autos". En.canoe.com. Retrieved 2016-12-15.
- ^ TC Transcontinental (2014-06-02). "Transcontinental Inc. completes transaction with the Sun Media Corporation in Quebec". Retrieved 2014-10-09.
- ^ Jessica Potter. "Sun Media Corporation". The Canadian Encyclopedia. Retrieved September 4, 2019.
- ^ Sun Media cutting 360 jobs, closing 8 publications, 3 free dailies. 680News (2013-07-16). Retrieved on 2013-08-17.
External links[]
- Newspaper companies of Canada
- Quebecor
- Toronto Sun
- Postmedia Network publications
- Publishing companies established in 1978
- Publishing companies disestablished in 2015
- Defunct publishing companies of Canada