Sun Media Corporation

Sun Media Corporation

December 04, 2013 11:00 ET

In Response to the Impact of Digital: Sun Media Continues Implementation of its Restructuring and Optimization Plan

MONTRÉAL, QUÉBEC--(Marketwired - Dec. 4, 2013) - Sun Media Corporation announces the elimination of approximately 200 positions across the organization, of which about a quarter will come from editorial. The Corporation is taking the restructuring and optimization initiative at a time of profound, unprecedented changes in the print media industry driven largely by the digital revolution.

"It is very tough to announce job cuts," said Julie Tremblay, President and CEO of Sun Media Corporation. "But as distressing as they are for the employees involved, these restructuring initiatives are necessary to maintain our leading position and ensure the Corporation's sustainability. We truly regret this decision's impact on the professionals who are leaving our organization. We thank each and every one of them and we wish them every success."

About Sun Media Corporation

Sun Media Corporation, a subsidiary of Quebecor Media Inc., is Canada's largest newspaper publisher, based on paid and free circulation, publishing over 15.1 million copies each week. With 36 paid-circulation daily newspapers and 3 free dailies in 9 of the 10 largest urban markets in Canada, each with its own dedicated website, and almost 200 community newspapers, shopping guides and other specialty publications, Sun Media Corporation's English and French language newspapers and websites make it a leading provider of local news and information. Sun Media Corporation includes the activities of Osprey Media and, an integrated enterprise offering e-commerce, information and communication services that operates a network of Internet portals that attracts over 10.5 million unique visitors per month in Canada, including 5.7 million in Québec. Sun Media Corporation also provides a range of commercial printing and related services as well as distribution services for newspapers, flyers and magazines.

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