Category : Glacier Media Inc

Written on Dec, 17, 2014 by in , | Leave a comment

Source: timescolonist.com Glacier Media Inc. has sold its Vancouver Island Newspaper Group to Victoria-based Black Press. Black Press takes operational control of that group on March 2. That includes Cowichan Valley Citizen, Nanaimo Daily News and Alberni Valley Times. The sale does not include the Times Colonist. – read the entire story here

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Source: nanaimo-info-blog.com Mark MacDonald Leaves Daily News With the resignation of Hugh Nicholson and now Mark MacDonald it will be interestingto see what, if anything changes with Nanaimo’s oldest newspaper.I went into the Daily to deliver a press release about my council bid and asked to speak to the editor, Mark MacDonald. The receptionist paged Mark and soon another staffer came …

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Written on Jan, 10, 2014 by in , | Leave a comment

Source: thetyee.ca Glacier’s Kamloops paper shut down despite company profit margins above 30 per cent. Vancouver-based Glacier Media, which recently gave notice it will close the long-publishing Kamloops Daily News, enjoys profit margins above 30 per cent, according to financial reports available on its website. It also reportedly pays its top executives millions of dollars a year and pays its directors $1,000 for …

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Source: vancouversun.com The Kamloops Daily News is closing due to declining revenues and high costs, but the industry says this does not signal distress in the daily newspaper business as a whole. “This is the first major market paid daily that we’ve seen close in recent memory,” Newspapers Canada president and CEO John Hinds said. Read more: 

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Source: j-source.ca Black Press Media has shut down the Abbotsford/Mission Times, a little more than a month after purchasing the B.C. paper from Glacier Media. The company also took down the newspaper’s website and closed its Twitter account. When asked why the company was shutting down a newspaper it considered a worthy purchase in October, Rick O’Connor, president and CEO of Black Media, told …

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Source: mediaunion.ca Members of Local 2000 at the Campbell River Courier Islander will vote Thursday night on a “final offer” presented by the employer. The proposal is for a four-year agreement. Other details will be explained at the meeting. The bargaining committee has made no recommendation on the offer.

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Source: mediaunion.ca A tentative agreement has been reached between the Nanaimo Daily News and CEP Local 2000. More details will be available at the ratification vote, which will be held Wednesday October 31, time and place to be announced. Efforts by Mailroom employees at the Daily News represented by CEP Local 525G have so far failed to reach an agreement.

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Here are the voting results from the  Victoria Joint Council of Newspaper Unions: TNG-CWA Guild              96% in favour of tentative agreement. TNG-CWA Mailers          92% in favour of tentative agreement. CEP Compositors             86% in favour of tentative agreement. CEP Pressmen                   73% in favour …

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  A Tentative Agreement has been reached between the Victoria Joint Council of Newspaper Unions and the Times Colonist. The Joint Council and Company agreed on a four year contract which will expire on January 2, 2015. There were no concessions. Term: 2011       0% 2012       0% December 1, 2012 $250.00 signing bonus January 2 2013 …

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Written on Aug, 16, 2012 by in | Leave a comment

Source:  thetyee.ca VANCOUVER – Newspaper publisher Glacier Media Inc. (TSX:GVC) says its profit margins have been squeezed by community papers acquired last year from Postmedia. The Vancouver-based company’s net income fell to $5.3 million or six cents per share in the third quarter, down from $7 million or eight cents per share a year earlier, before the deal with Postmedia. Revenue …

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