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News Briefs
Transcontinental acquires Corriere Italiano
Transcontinental Media announced yesterday it has acquired Corriere Italiano, which serves the Italian community in the Montreal area. The deal marks the first time the company will publish a newspaper in a language other than English or French.
"Transcontinental is proud to add the Italian-language Corriere Italiano to our strong and growing roster of community newspapers," says Marc-Noel Ouellette, Transcontinental's newspaper group SVP. The weekly, which currently reaches about 13,500 households, "has a solid history, spanning over 55 years, of serving the Italian community in Montreal, and we plan to continue that tradition."
The second-largest publisher of community newspapers in Canada, Transcontinental publishes daily, weekly, bi-weekly and monthly newspapers in seven provinces. The Corriere Italiano acquisition brings the company's newspaper total to 171 community publications across Canada, with approximately 250 million copies annually.
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