TC Media announces sale of La Sentinelle newspaper in Chibougamau and of its monthly Le Jamésien
Montreal, August 25, 2016 – TC Media today announced the sale of the assets of its local weekly newspaper in Chibougamau, Quebec, La Sentinelle, and of its regional monthly Le Jamésien, to Ms. Karine Desbiens, news editor of these publications. The transaction includes the newspaper and the monthly, which is published 10 times per year, and their related web properties.
"TC Media is pleased to sell La Sentinelle and Le Jamésien to Ms. Desbiens who demonstrated an interest in becoming the owner of these publications which have earned respect in the region for the relevance of their content," said Jacques Blais, Vice President of Operations, Local Solutions, TC Media. "We are especially proud to pass the torch to an experienced manager who will continue to promote La Sentinelle and Le Jamésien to their loyal readers and advertisers."
"Today I have achieved my dream of running my own business in acquiring two flagship Northern Quebec publications," added Karine Desbiens, new owner of La Sentinelle and Le Jamésien. "I believe in this region's potential and future. That is why I decided to be even more committed to the development of these newspapers. I am honoured to be able to continue their development together with my team."
About TC Media
TC Media is a leading provider of media and interactive marketing solutions in Canada, employing close to 3,000 people. The sector reaches Canadian consumers through a wide range of print and digital publishing products in French and English: newspapers, educational books, trade publications, retail promotional content, mass and personalized marketing, mobile and interactive applications and geotargeted door-to-door and digital distribution services.
TC Media is a division of Transcontinental Inc. (TSX: TCL.A TCL.B), which has close to 8,000 employees in Canada and the United States, and reported revenues of C$2 billion in 2015.