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Montreal, December 20, 2006 – Transcontinental
Media today announced it has acquired Radville Star Management,
owner of two newspapers, The Radville Star, founded
in 1911 and The Deep South Star, founded in 1993. The
two well-established papers cover more than 2000 homes in
the Radville area of Southern Saskatchewan. The acquisition
brings Transcontinental Media’s newspaper total to 165 community
publications across Canada, totalling some 220 million
copies annually.
“This transaction complements our latest acquisition,
The Triangle News in Coronach, very well,” said
Rob Clark, Group Publisher for the Saskatchewan newspapers.
“With four well-established papers in the area, including
our daily, The Moose Jaw Times Herald, we are building
a strong editorial presence in Southern Saskatchewan, and
now have great advertising solutions to offer our clients
who want an opportunity to expand their reach in Southern
Saskatchewan.”
Marc-Noël Ouellette, Senior Vice President, Newspaper
Group at Transcontinental Media, added: “This acquisition
is part of our long-term strategy to create a greater presence
in Saskatchewan, the goal being to provide editorial and advertising
content to more than 65,000 households in 140 communities.”
George Hay, Publisher and Suzanne Bourassa, Advertising Manager,
who are also the owners of Radville Star Management, commented:
“We are thrilled to see our newspapers find a home within
Transcontinental Media, with its history of providing communities
across Canada a voice through local publications. We are sure
our readers and advertisers will appreciate the added value
of links to Transcontinental Media’s vast product and
service offering.”
About Transcontinental Media
The fourth-largest print media group in Canada, with
more than 3000 employees and annual revenues of $580 million
in 2006, Transcontinental Media is the country’s leading
publisher of consumer magazines and of French-language educational
resources as well as being the largest publisher of community
newspapers in Eastern Canada. It publishes the weekday daily
Métro in Montreal, owns a number of digital
business units, and is also, through Publi-Sac, Quebec’s
leading door-to-door distributor of advertising material.
Transcontinental Media is a subsidiary of Transcontinental
Inc. (TSX: TCL.A, TCL.B), which has more than 14,000 employees
in Canada, the United States and Mexico and reported revenues
of C$2.2 billion (US$1.9 billion) in 2006.
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For Information:
Media
Jake Brennan
Media Relations Coordinator
Transcontinental Inc.
Telephone: (514) 954-4000
jake.brennan@transcontinental.ca
Financial Community
Stéphane Milot
Director, Public and Investor Relations
Transcontinental Inc.
Telephone: (514) 954-4000
stephane.milot@transcontinental.ca
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