Quebecor Media Inc. is a Canadian media company that owns a wide array of media outlets, as well as an internet service provider.
In August 2000, Quebecor Media bought Vidéotron for CA$ 4.9 billion. In May 2001, the Canadian Radio-television and Telecommunications Commission (CRTC) approved the transfer of broadcasting licenses from Vidéotron to Quebecor Media. Also in 2001, Quebecor Media bought Groupe TVA.
As of June 2018 Quebecor Inc. fully owns Quebecor Media while CDP Capital d’Amérique Investissements Inc. (a subsidiary of Caisse de dépôt et placement du Québec, the provincial pension fund) previously owned a 18.9% share. On May 8, 2018, Quebecor announced its intent to buy out the remainder of the Caisse's stake for $1.69 billion in cash and stock.
Under a sub-licensing agreement with Rogers, Quebecor Media holds national French-language rights to the NHL, with all coverage airing on its specialty channel TVA Sports. TVA Sports' flagship broadcasts on Saturday nights focus primarily on the Montreal Canadiens.
- ↑ Quebecor buys back chunk of Quebecor Media stake from Caisse. The Globe and Mail. Retrieved on 2018-04-01.
- ↑ "Quebecor strikes deal to buy out Caisse’s stake for $1.69-billion", The Globe and Mail.
- ↑ NHL, TVA Sports launch French-language agreement. Retrieved on 21 September 2014.
- ↑ "NHL signs 12-year TV, Internet deal with Rogers; CBC keeps ‘Hockey Night in Canada’", Toronto Star, November 26, 2013. Retrieved on November 26, 2013.