Québecor Média
Québecor Média Inc. is a Canadian media conglomerate that owns a wide array of media outlets, as well as an internet service provider.
History
In 1983 Québecor purchased the Winnipeg Sun newspaper, which had been independently run. The newspaper was later sold to the Postmedia chain.In August 2000, Québecor Média bought Vidéotron for CA$4.9 billion. In May 2001, the Canadian Radio-television and Telecommunications Commission approved the transfer of broadcasting licenses from Vidéotron to Québecor Média. Also in 2001, Quebecor Media bought Groupe TVA.
As of June 2018, Québecor Inc. fully owns Québecor Média, while CDP Capital d’Amérique Investissements Inc. previously owned an 18.9% share. On May 8, 2018, Quebecor had announced its intent to buy out the remainder of the Caisse's stake for $1.69 billion in cash and stock.
Assets
- Groupe TVA
- Canoe Inc.
- Vidéotron
- MediaPages
- TVA Publishing Inc.
- Québecor Média Book Group
- Distribution Select
- Le SuperClub Vidéotron
- Gestion Studios Bloobuzz S. E. C
- QMI press agency
Corporate governance
Board of directors:- Pierre Dion, Chairman
- Jean La Couture, Vice Chairman