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Montreal, June 19, 2007 – Transcontinental
Media announced today that it has acquired six magazines related
to home building and renovation from print media group Les
Éditions Ma Maison ltée. Each year, more than
1.5 million copies of Quebec-based titles Maison
D’aujourd’hui, Condo et Loft D’aujourd’hui,
Maison Direct, Condo Direct, MaisonsNeuves.com
and MaisonMax.com, are distributed.
“We’re pleased to acquire these six magazines
– all with well established reputations – because
they’ll truly complement our existing Décormag
and Mon chalet titles and confirm our leading position
in the Quebec market, as well as our position as Canada’s
leading publisher of consumer magazines,” said Francine
Tremblay, senior vice president, consumer publications for
Transcontinental Media. “In addition to the strong print
publications, www.maisonmax.com
delivers a Web-based vehicle for us to leverage our multiplatform
strategy with readers and advertisers.”
Philippe Massé, owner of Les Éditions Ma Maison
ltée, which he founded in 1992, is enthusiastic about
this transaction with Transcontinental, “With Transcontinentall
Media, these publications will continue to grow and develop
within a major print media group.”
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 14,500 employees
in Canada, the United States and Mexico and reported revenues
of C$2.3 billion in 2006.
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For information:
Media
Pierre Leduc
Media Relations
Telephone: (416) 859-8562
pleduc@tsa.ca
Financial Community
Jennifer F. McCaughey
Director, Investor Relations
Transcontinental Inc.
Telephone: (514) 954-2821
jennifer.mccaughey@transcontinental.ca
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