Glacier Media

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Glacier Media Inc.
legal form State company
founding March 23, 1988
Seat 1970 Alberta Street, Vancouver , Canada
management Sam Grippo, chairman
Jonathon JL Kennedy, CEO
Orest Smysnuik, CFO
Number of employees 2000 (2011)
sales C $ 242 million (2010)
Branch Newspapers and trade magazines
Website www.glaciermedia.ca

Glacier Media Inc. ( Spelling : GLACIER MEDIA GROUP ) is a Canadian, publicly owned publisher of daily newspapers in British Columbia and weekly newspapers , business magazines and information products for the business community throughout Western Canada . The company is based in Vancouver . The company is also a co-owner of four other newspaper publishers.

history

Although the company currently focuses solely on media and databases, Glacier was a bottled water beverage retailer for the first ten years from 1988 to 1997. Initially the name “Cambridge Resources Ltd.” was used from March 23, 1988 to December 1, 1991. It was followed by the name “Selkirk Springs International Corp.” until October 23, 1995 and “Canadian Glacier Beverage Corporation” until October 25, 1995. August 1997. At the end of August 1997 the company changed its name to Glacier Ventures International Corp. , and it sold the water business the following year. Glacier Media got its current name in 2008. In the early 2000s, the company invested in some agricultural and business publications, and entered the general newspaper business in early 2004 through the acquisition of Boundary Publishers Group , a weekly newspaper chain in Saskatchewan . This was followed by three more purchases (Pasquia Publishing, Weyburn Review, and Pennand Inc. ) over the next twelve months , making it the largest weekly publisher in the province.

Glacier continued its expansion in the holding of local newspapers in 2005/2006. It gained control of Madison Publishing Group, including the Vancouver business and some suburban Vancouver weeklies, as well as some former Hollinger Inc. holdings , including a 50 percent stake in the Great West chain of weeklies in Alberta , the complete takeover of several weeklies in British Columbia, and Glacier's first daily newspaper in British Columbia and Quebec . Hollinger's assets also included a number of industry publications, adding to Glacier’s commercial information portfolio, including Western Producer and the Daily Oil Bulletin . In total, Glacier paid approximately $ 180 million for Hollinger's former assets.

Later in 2006, Glacier partnered with David Radler , a former Hollinger Inc. executive, to sell Quebeck Holding's only Sherbrooke-based newspaper chain, The Record . Glacier received a 50% (later 59%) stake in Radler's privately owned Alta Newspaper Group .

In the following months, investments were made in two other companies that were connected to Radler: Continental Newspapers Ltd. , a publisher of three daily newspapers in British Columbia and Ontario , and RISN Operations , a chain of three daily newspapers and a few weeklies in Rhode Island , United States . In mid-2008, Glacier owned 27.6% and 50% of the shares in these companies, respectively. Continental Newspaper Ltd. is the successor to Horizon Operations Canada , a company owned by Radler. His daughter, Melanie, is President of RISN Operations .

In mid-2010, Black Press , the largest weekly newspaper publisher in British Columbia, bought eleven Glacier newspapers to supplement its own weeklies, including the Nelson Daily News and the Prince Rupert Daily News , both of which Black immediately discontinued. The sale also included the Trail Daily Times and several weeklies in the Kootenays area of ​​British Columbia. Glacier also sold the Cranbrook Daily Townsman and the Kimberley Daily Bulletin to an independent buyer who in turn sold them to Black a year later.

Glacier acquired its largest newspaper, the Times Colonist, in Victoria , British Columbia, in 2011 as part of a $ 86.5 million transfer. The deal, which also included two other daily newspapers and 20 weeklies formerly held by the Postmedia Network , cemented Glacier's position as one of the leading newspaper publishers in British Columbia, even though Postmedia daily newspapers were not part of the trade.

Daily newspapers

Glacier owns the Times Colonist , the premier daily paper in British Columbia 's capital, and two other daily newspapers in the province.

Through its joint ventures, Glacier is also a co-owner of daily newspapers in Alberta ( Lethbridge Herald and Medicine Hat News ), Arizona, ( Yuma Sun ), British Columbia ( The Daily Courier and Penticton Herald ), California ( Porterville Recorder ), Ontario ( The Chronicle-Journal ), Rhode Island ( The Call , Kent County Daily Times, and The Times ), and Quebec ( The Record ).

Weekly newspapers

Alberta

Glacier co -owns more than 30 weeklies in Alberta through the acquisition of 59% of Alta Newspaper Group, which owns seven weeklies in the Lethbridge Medicine Hat area, and is half the owner of Great West Newspapers, which in turn owns two dozen weeklies in the Edmonton and Calgary areas.

British Columbia

British Columbia's Glacier News includes some daily newspapers (see above). Weekly newspapers that Glacier owns are:

  • Bridge River Lillooet News
  • Burnaby Now
  • Coast reporter
  • Tri City News
  • Delta optimist
  • North Shore News
  • Powell River Peak
  • Real Estate Weekly
  • Richmond News
  • New Westminster Record
  • Squamish Chief
  • Vancouver Courier
  • Westender
  • Westerly News
  • Whistler Question

Manitoba

The Glacier Newspapers in Manitoba are:

  • Deloraine Times & Star
  • Melita New Era
  • Neepawa Press
  • Nickel Belt News
  • The reminder
  • Reston recorder
  • Souris Plaindealer
  • Thompson Citizen
  • Virden Empire Advance
  • Westman Journal

Quebec

Glacier, with its 59% interest in Alta Newspaper Group, owns two English language weeklies associated with The Record in Sherbrooke , Quebec.

Rhode Island

Glacier is a half-owner of RISN Operations, which publishes several weeklies in the United States, Rhode Island .

Saskatchewan

The Glacier newspapers in Saskatchewan are:

  • Assiniboia Times
  • The Battlefords News Optimist
  • Canora Courier
  • Carlyle Observer
  • Estevan Lifestyles
  • Estevan Mercury
  • Hudson Bay Post Review
  • Humboldt Journal
  • Kamsack Times
  • The Kipling Citizen
  • The La Ronge Northerner
  • The News Review
  • The Outlook
  • The Parkland Review
  • Pipeline News
  • Preeceville Progress
  • Redvers optimist
  • Southeast Trader Express
  • The Tisdale Recorder
  • Weyburn Review
  • Yorkton This Week

Glacier also owns 59% of the shares in Alta Newspaper Group , which owns several weeklies in southwest Saskatchewan.

Business publications

Glacier also owns a number of publications and publishing groups that target business and consumers, such as:

  • Business Information Group , Canada's largest commercial newspaper publisher.
  • Farm Business Communications , Canada's largest agricultural publications publisher.
  • JuneWarren-Nickle's Energy Group , Canada's leading publisher of print and online information for the oil, gas, construction, and alternative energy industries.
  • Business in Vancouver , a weekly business newspaper.
  • Real Estate Weekly , a Vancouver-based real estate weekly.
  • The Visitor's Choice , a tourist magazine based in Vancouver.
  • The Western Investor , a publication promoting real estate in business and industry.
  • The Western Producer , Western Canada's largest weekly newspaper for farmers.

Individual evidence

  1. ^ Glacier Ventures International. In: tmx.com. TSX Inc., November 25, 2013, accessed November 6, 2016 .
  2. ^ Glacier Media Inc. In: listofcompanies.co.in. Worldwide Company Profile, accessed November 6, 2016 .
  3. ^ Glacier Reports 2004 Year-End Results. (PDF) Archived from the original on July 19, 2014 ; Retrieved November 4, 2016 .
  4. ^ Glacier Reports 2005 Year-End Results. (PDF) Archived from the original on July 18, 2014 ; Retrieved November 4, 2016 .
  5. ^ John Daly: This is what value looks like. The Globe and Mail, June 27, 2008, accessed November 4, 2016 .
  6. ^ Radler Returns to His Roots with Purchase of Sherbrooke Record. In: Canada.com. CanWest News Service, March 13, 2012, archived from the original on July 23, 2012 ; Retrieved November 4, 2016 .
  7. ↑ Glacier Media Inc. (PDF) (No longer available online.) Archived from the original on January 16, 2017 ; Retrieved November 4, 2016 . Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. @1@ 2Template: Webachiv / IABot / www.sedar.com
  8. ^ Radler Quietly Building Local Media Empire. Archived from the original on March 4, 2016 ; Retrieved November 4, 2016 .
  9. ^ Black Press closes two daily newspapers in BC In: thestar.com. Toronto Star Newspapers Ltd., July 17, 2010, accessed November 4, 2016 .
  10. ^ Black Press Buys Cranbrook. In: Kimberley Dailies. Archived from the original on December 8, 2012 ; Retrieved November 4, 2016 .
  11. ^ Sunny Freeman: Glacier Media to Acquire BC Papers from Postmedia for $ 86.5 million. In: canadianbusiness.com. Rogers Media, October 18, 2011, accessed November 4, 2016 .
  12. ^ Glacier Media Group: British Columbia. Archived from the original on July 11, 2015 ; Retrieved November 4, 2016 .
  13. ^ Glacier Media Group: Manitoba. Archived from the original on November 16, 2015 ; Retrieved November 4, 2016 .
  14. ^ Glacier Media Group: Saskatchewan. Archived from the original on December 20, 2015 ; Retrieved November 4, 2016 .
  15. ^ Glacier Media Group: Trade Information. Archived from the original on October 18, 2015 ; Retrieved November 4, 2016 .

Web links