TC Media sells its Drummondville newspapers

TC Media, announced that it has sold its two Drummondville, Quebec-based publications, L’Express – Wednesday Edition and L’Express Week-end, as well as their related web properties.

The properties have been sold to a corporation headed by Dave Beaunoyer, who is a former general manager at TC Media for this region.

The 19 employees of these publications, along with four employees from TC’s production team will be transferred. TC Transcontinental also concluded a multi-year agreement for the printing and distribution of these publications.

This transaction is part of the process for the sale of TC Media’s local and regional newspapers in Quebec and Ontario, which was made public in a press release issued by Transcontinental Inc. on April 18.