In the modern world, Quebecor Media has been a topic of constant debate and interest. Whether due to its impact on society, its relevance today or its influence on our daily lives, Quebecor Media has been the subject of numerous studies and research. From its origins to its evolution today, Quebecor Media has been a topic that has captured the attention of academics, experts, and people of all ages and backgrounds. In this article, we will explore the many aspects of Quebecor Media and its importance in today's society, as well as its relevance in the future.
Company type | Subsidiary |
---|---|
Industry | Mass media |
Founded | 2000 |
Headquarters | , |
Key people | Pierre Dion, Chairman Pierre Karl Péladeau, President and CEO |
Products | Cable television Newspapers |
Services | Broadcasting Film production Publishing |
Parent | Quebecor |
Divisions | Groupe TVA |
Website | www.quebecor.com |
Quebecor Media Inc. is a Canadian media conglomerate that owns a wide array of media outlets, as well as an internet service provider.
In 1983 Quebecor purchased the Winnipeg Sun newspaper, which had been independently run. The newspaper was later sold to the Postmedia chain.
In August 2000, Quebecor Media bought Vidéotron for CA$4.9 billion. In May 2001, the Canadian Radio-television and Telecommunications Commission (CRTC) approved the transfer of broadcasting licenses from Vidéotron to Quebecor Media. Also in 2001, Quebecor Media bought Groupe TVA.
As of June 2018, Quebecor Inc. fully owns Quebecor Media, while CDP Capital d’Amérique Investissements Inc. (a subsidiary of Caisse de dépôt et placement du Québec, the provincial pension fund) 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.