TC Media sells its Drummondville newspapers: L’Express – Wednesday Edition and L’Express Week-end

Transcontinental Inc.’s (TSX: TCL.A TCL.B) 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.
http://tctranscontinental.com/en/-/tc-media-sells-its-drummondville-newspapers-l-express-wednesday-edition-and-l-express-week-end

Related Posts

Shutterfly Brings Joy and Gives More than $750,000 in Donations to Help Communities Amid COVID-19 Pandemic

Shutterfly Inc. announced its efforts to bring joy and much-needed resources to communities across America through its Shutterfly For Good platform. “Our business is built on connecting people and creating more from life’s moments; and in these challenging times, that is more important than ever,” said Jim Hilt, Shutterfly president. “It’s been incredible to see how communities around the globe are coming together to lift one another up. At Shutterfly, we believe we have a responsibility to help amplify these efforts and shine a light on the good in the world, today and every day. We’re very happy to have a platform to do that through Shutterfly For Good. click read more below for details

April Graphic Arts Employment—Print Production Up from March, Non-Production Down Slightly (whattheythink.com)

In March 2022, all printing employment was up +0.6% from March. This time, it was production employment that was up (+1.6%) and non-production employment that was down (-0.9%). One gets the sense that the industry’s attempts at recruiting production staff are generally succeeding: in April 2022, all printing employment was up +1.6% from March, with non-production employment down -0.9%. This is the reverse of what we saw in March. Publishing employment had been improving slightly over last summer, took a turn for the worse in the fall, and started to plateau at the end of the year. It was up a modest +0.6% in March, and now up another +0.4%.

Ennis Inc Reports Results for the Quarter Ended November 30, 2021

Highlights include: *Revenues were $103.0 million for the quarter compared to $92.4 million for the same quarter last year, an increase of $10.6 million or 11.5%. *Earnings per diluted share for the current quarter were $0.29 compared to $0.32 for the comparative quarter last year, a decrease of 9.4%. *Our gross profit margin for the quarter was 28.4% compared to 30.4% for the comparative quarter last year.
Back To Top
×Close search
Search