MONTREAL, June 19 /CNW Telbec/ - Transcontinental Media announced today
that it has acquired six magazines related to home building and renovation
from print media group Les Editions Ma Maison ltée. Each year, more than
1.5 million copies of Quebec-based titles Maison D'aujourd'hui, Condo et Loft
D'aujourd'hui, Maison Direct, Condo Direct, MaisonsNeuves.com and
MaisonMax.com, are distributed.
"We're pleased to acquire these six magazines - all with well established
reputations - because they'll truly complement our existing Décormag and Mon
chalet titles and confirm our leading position in the Quebec market, as well
as our position as Canada's leading publisher of consumer magazines," said
Francine Tremblay, senior vice president, consumer publications for
Transcontinental Media. "In addition to the strong print publications,
www.maisonmax.com delivers a Web-based vehicle for us to leverage our
multiplatform strategy with readers and advertisers."
Philippe Massé, owner of Les Editions Ma Maison ltée, which he founded in
1992, is enthusiastic about this transaction with Transcontinental, "With
Transcontinentall Media, these publications will continue to grow and develop
within a major print media group."
About Transcontinental Media
The fourth-largest print media group in Canada, with more than
3000 employees and annual revenues of $580 million in 2006, Transcontinental
Media is the country's leading publisher of consumer magazines and of
French-language educational resources as well as being the largest publisher
of community newspapers in Eastern Canada. It publishes the weekday daily
Métro in Montreal, owns a number of digital business units, and is also,
through Publi-Sac, Quebec's leading door-to-door distributor of advertising
Transcontinental Media is a subsidiary of Transcontinental Inc.
(TSX: TCL.A, TCL.B), which has more than 14,500 employees in Canada, the
United States and Mexico and reported revenues of C$2.3 billion in 2006.
For further information:
For further information: Media: Pierre Leduc, Media Relations, (613)
241-6000, ext. 235, Cell phone: (416) 859-8562, email@example.com; Financial
Community: Jennifer F. McCaughey, Director, Investor Relations,
Transcontinental Inc., (514) 954-2821, firstname.lastname@example.org;