Telemedia Communications
| Public | |
| Industry | Media |
| Founded | 1968 |
| Founder | Philippe de Gaspé Beaubien |
| Defunct | 2006 |
| Headquarters | 1 Place Ville-Marie, Suite 3333, Montreal, Canada |
|
Key people
|
Philippe de Gaspé Beaubien, CEO |
| Owner | Philippe de Gaspé Beaubien |
| Divisions | radio broadcasting, magazine publishing |
Telemedia was a Canadian media company, which had holdings in radio, television and magazine publishing.
The company was launched in 1968 by Philippe de Gaspé Beaubien, when he purchased CKAC in Montreal from Power Corporation of Canada. CKAC remained the company's radio flagship for its entire existence.
Telemedia was held privately until it became publicly traded in the late 1980s.
Telemedia's magazine assets, including Canadian Living, Harrowsmith, Homemakers and the Canadian editions of TV Guide and Elle, were sold to Transcontinental Media in 2000. Standard Broadcasting subsequently acquired Telemedia's broadcasting assets in 2002, and sold some of them in turn to Rogers Communications and Newcap Broadcasting.
Through later transactions, almost all of these stations are now owned by Bell Media.
All of the stations that were acquired by Rogers are located in Ontario. Two of the stations have since been sold to other companies.
Stations formerly owned by Rogers have now since been sold to other companies:
Although Newcap acquired the majority interest in these stations, all of which are in Alberta, Standard Broadcasting retained a 23.66% share. All are now wholly owned by Newcap.
NOTES: 1 Telemedia held the license for this station, which had not yet launched at the time of its acquisition.
All Telemedia stations in Quebec were acquired by Astral Media, although the Radiomédia network of mainly AM stations became a 50/50 joint venture between Astral Media and Standard Broadcasting. Corus Entertainment acquired Radiomédia by 2005 in exchange for Corus's smaller FM stations in Quebec. Astral re-entered the AM business in Quebec by 2007, when Standard Broadcasting exited the terrestrial broadcasting business as Astral acquired the stations.
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Wikipedia