August 30, 2017 Last Updated 10:37 am

TC Media sells ‘Le Peuple Lotbiniere’ and Drummondville papers in separate transactions

The Canadian media company Transcontinental Inc. continues its divestiture of media properties in Quebec and Ontario with the announcement that it has sold the weekly Le Peuple Lotbinière and its two Drummondville-based publications, L’Express – Wednesday Edition and L’Express Week-end, in separate transactions (see two announcements below).

Earlier this month, the company announced the sale of three free Quebec weekly newspapers to local ownership, and in April Transcontinental sold its 27 Atlantic Canada newspapers to the publisher of The Chronicle Herald, The Halifax Herald Ltd..

Here are the announcements for the latest sales:


MONTREAL, Quebec — August 30, 2017 – Transcontinental Inc.’s Media Sector, TC Media, announced today the sale of its weekly Le Peuple Lotbinière, and its related web property, to MELIORMÉDIA Inc. Three employees are transferred to the purchaser. The Corporation would like to thank them for their professionalism and their dedication to the organization. Furthermore, TC Transcontinental also concluded a multi-year agreement for the printing and distribution of this publication.

This transaction is part of the process for the sale of TC Media’s local and regional newspapers in Quebec and Ontario, which was made public in a press release issued by Transcontinental Inc. on April 18.

MONTREAL, Quebec — August 30, 2017 – Transcontinental Inc.’s Media Sector, TC Media, announced today the sale of its two Drummondville-based publications, L’Express – Wednesday Edition and L’Express Week-end, as well as their related web properties, to a Canadian corporation of which Mr. Dave Beaunoyer is part of. Mr. Beaunoyer is former general manager at TC Media for this region. The 19 employees of these newspapers are transferred to the acquirer, along with 4 employees from TC Media’s production team. The Corporation would like to thank them for their professionalism and wishes them continued success. Furthermore, TC Transcontinental also concluded a multi-year agreement for the printing and distribution of these publications.

This transaction is part of the process for the sale of TC Media’s local and regional newspapers in Quebec and Ontario, which was made public in a press release issued by Transcontinental Inc. on April 18.

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