Rogers Media sells Maclean’s, Chatelaine and other magazines

Deal for undisclosed sum is expected to close in April

Rogers sold off all of its remaining magazine brands on Wednesday, including Canadian Business, which it stopped publishing in print form in 2016. (Ryan Remiorz/Canadian Press)

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Rogers Media has struck a deal with the company that publishes Toronto Life to sell the company’s remaining magazine brands for an undisclosed sum.

In a press release Wednesday, Rogers and St. Joseph Communications say Maclean’s, the English and French versions of Chatelaine, Today’s Parent, HELLO! Canada, along with digital publications FLARE and Canadian Business, have been sold for an undisclosed sum.

“All current Rogers Media Publishing employees will be offered employment through the deal, which is expected to close in April 2019,” the release said.

Read more HERE.
Published on March 20, 2019 at 9:11 pm by Ron Robinson

Comments

March 23, 2019 - 3:53 pm

BMCQ

I would be very interested as to what the Purchase Price was.


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