Major Deals for Canadian Newspapers

Glacier Media expands in British Columbia

Don’t miss Commerceweek, February 28–29 in NYC, to explore the technology and trends fueling commerce. Get strategic insights from leaders at The New York Times Advertising, Turo, TikTok and more. Register.

Glacier Media is buying one of Canada’s oldest newspapers, Times Colonist in Victoria, along with 20 other smaller publications in British Columbia.

The Vancouver-based publisher bought Postmedia’s community newspapers portfolio for C $86.5 million (U.S. $85.3 million). The sale did not include The Vancouver Sun or The Province, two of Canada’s most widely read papers.

Glacier’s president and CEO John Kennedy says the deal gives Glacier the broadest local newspaper coverage in Western Canada. "It significantly increases our reach across British Columbia as well as Western Canada for local, regional, and national advertisers and provides significant digital media opportunities," he said in an interview.

Speaking to the Winnipeg Free Press, Kennedy added that local press was an attractive prospect for Glacier.



Subscribe today!

To Read the Full Story Become an Adweek+ Subscriber

View Subscription Options

Already a member? Sign in