Everything about Osprey Media totally explained
Osprey Media is a
Canadian newspaper regional chain that publishes 20 daily newspapers, 34 non-daily newspapers, and a number of shopping guides and magazines. Formerly an independent
income trust, it's now a subsidiary of
Quebecor.
Osprey Media is by far the dominant newspaper publisher in Ontario outside of the province's largest metropolitan areas, owning the majority of local newspapers in
Northern Ontario, and until recently buying out
Southern Ontario papers as well.
As of September 2006, Osprey Media's dailies had average daily paid and unpaid circulation / distribution of approximately 340,000 copies, while its non-daily newspapers had average weekly paid and unpaid circulation / distribution of approximately 466,000 copies.
After April 2004, the chain was a subsidiary of the Osprey Media Income Fund (OMIF). On
May 31,
2007, it was announced that OMIF would be acquired by
Quebecor Media Group for C$517 million.
History
Osprey Media Group was created in
2001, when
Michael Sifton, heir to the family that had once owned the
Regina Leader-Post and the
Saskatoon Star-Phoenix, purchased many of the Ontario newspapers that had been put on the market by
Conrad Black's
Hollinger newspaper group. As a newly incorporated media group, Osprey Media's purchase marked the first time in many years that a major newspaper sale significantly
increased the diversity of newspaper ownership in Canada.
In April 2004
On
May 31,
2007, it was announced that OMIF would be acquired by
Quebecor Media Group for C$517 million. Osprey Media's main office is located in
Markham.
Publications
Weekly newspapers
Other publications
Northern News (published three times weekly)
Cornwall Smart Shopper
Fort Erie Shopping Times
Key to Kingston
Niagara Shopping News
Tilbury Marketplace
Further Information
Get more info on 'Osprey Media'.
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