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Tuesday, October 07, 2014

Sun News Network In Final Death Throes

Huffpo Canada has some information about the big sale that I haven't heard elsewhere.  In particular, what happens to the Sun News Network, which was not part of the deal.

The news network will be able to keep its name under a licensing agreement with Postmedia, which is buying 175 English-language Sun Media newspapers for $316 million.

However, Sun News Network must change its circular red logo within a year as part of the deal, the same logo used by the Sun chain of newspapers operating in Edmonton, Winnipeg, Calgary, Toronto and Ottawa.

My favorite bit:

Senior Conservative sources have told HuffPost that Sun News Network vice-president Kory Teneycke wants to re-launch the channel and was looking for investors to spin it off from Quebecor.

Anyone got a spare nickel?

1 comment:

  1. 25I have a spare nickel. But I'm really not interested in full ownership and there aren't any pennies anymore

    ReplyDelete