Categories: OLD Media Moves

Rogers Media sells Canadian Business

Rogers Media has sold Canadian Business and four other magazines to St. Joseph Communications for an undisclosed amount.

Pete Evans of CBC News writes, “In a press release Wednesday, Rogers and St. Joseph Communications say Maclean’s, the English and French versions of Chatelaine, Today’s Parent, HELLO! Canada, along with digital publications FLARE and Canadian Business, have been sold for an undisclosed sum.

“‘All current Rogers Media Publishing employees will be offered employment through the deal, which is expected to close in April 2019,’ the release said.

“After buying the Maclean-Hunter media empire in 1994, Rogers Media grew quickly in the magazine world, and soon became the biggest magazine publisher in Canada by far. But in recent years Rogers has been slowly reducing its print footprint. In 2016 when it phased back publication of some titles, and stopped producing others altogether while laying off staff.

“The company has reportedly been in negotiations to get out of the magazine business entirely for the past year or so, and last fall they sold off the former print magazine and current digital portal MoneySense to fintech company Ratehub Inc.”

Read more here.

Chris Roush

Chris Roush was the dean of the School of Communications at Quinnipiac University in Hamden, Connecticut. He was previously Walter E. Hussman Sr. Distinguished Professor in business journalism at UNC-Chapel Hill. He is a former business journalist for Bloomberg News, Businessweek, The Atlanta Journal-Constitution, The Tampa Tribune and the Sarasota Herald-Tribune. He is the author of the leading business reporting textbook "Show me the Money: Writing Business and Economics Stories for Mass Communication" and "Thinking Things Over," a biography of former Wall Street Journal editor Vermont Royster.