TVA 'converges' with Trustar

Article Abstract:

TVA Group Inc has acquired Trustar Ltd, a publisher of French-language magazines in Quebec. The purchase by TVA Group, which has a 77.7% share in the market for French-language newstand magazines in Quebec, is consistent with its plans to become a fully integrated communications company, according to its president, Daniel Lamarre. Trustar Ltd.'s most popular magazine titles include Le Lundi, 7 Jours and Derniere Heure, all weekly magazines.

Television broadcasting, Trustar Ltd.

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Power Corp. of Canada

Article Abstract:

Power Corp of Canada has signed an all-cash agreement to acquire Hollinger International's French newspapers in Quebec. The value of the agreement was not discolsed, but press reports speculate between $100 million to $150 million change hands. With the acquisition, Power Corp, which already owns Montreal, Quebec's 'La Presse' and other papers, will own periodicals, 'Le Soleil,' 'Le Detroit' and 'Le Quotidien.'

Hollinger International

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Quebec's newsstand wars

Article Abstract:

TVA Group and Claude Charron publisher are competing to grab the attention of readers. The profits of TVA dropped to $273,000 in the fourth quarter of 2005.

Sales, profits & dividends, Television broadcasting stations, Market share, PRINTING AND PUBLISHING, Publishing, Publishing Industries, Printing & Publishing, Publishing industry, Company sales and earnings, Company earnings/profit, Company market share, TVA Group Inc.

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