In a press release issued yesterday by Quebecor Inc. (TSX: QBR.A)(TSX: QBR.B)("Quebecor"), the following was mentioned:

"Pooling of sales forces at the national level and capital expenditures plan in the News Media segment in order to increase revenue streams; new contracts signed with Jean Coutu Group (PJC) Inc., Michael Rossy Ltd., Golf Town, Metro-Richelieu Inc. and PepsiCo."

Quebecor wishes to clarify that it is not with Metro-Richelieu Inc. that the News Media Segment had its dealings, but rather with Metro Ontario Inc. Sun Media Corporation, a subsidiary of Quebecor Media Inc. which already distributed the flyers of Metro and Food basics in certain territories in Ontario, was awarded the distribution of these flyers in additional territories in Ontario by Metro Ontario Inc. during the first quarter of 2011.

We are sorry for any confusion that may have resulted from this misunderstanding.

The Corporation

Quebecor Inc. (TSX: QBR.A)(TSX: QBR.B) is a holding company with a 54.7% interest in Quebecor Media Inc., one of Canada's largest media groups with more than 16,000 employees. Quebecor Media Inc.'s operating subsidiaries include Videotron Ltd., an integrated communications company engaged in cable television, interactive multimedia development, Internet access services, cable telephone service and mobile telephone service; Sun Media Corporation, the largest publisher of newspapers in Canada; Canoe.ca, operator of a Canadian network of English- and French-language Internet properties; TVA Group Inc., operator of the largest French-language conventional television network in Quebec, a number of specialty channels, and the English-language Sun News Network; and Nurun Inc., a major interactive technologies and communications agency with offices in Canada, the United States, Europe and Asia. Quebecor Media Inc. is engaged in magazine publishing (TVA Publishing Inc.); book publishing and distribution (Sogides Group Inc. and CEC Publishing Inc.); production, distribution and retailing of entertainment products (Archambault Group Inc. and TVA Films); rental and retailing of DVDs, Blu-ray discs and console games (Le SuperClub Videotron ltee); printing and distribution of community newspapers and flyers (Quebecor Media Printing Inc. and Quebecor Media Network Inc.); production and dissemination of news content (QMI Agency); multiplatform advertising (QMI Sales); and print and online directories (Quebecor MediaPages™).

Contacts: Jean-Francois Pruneau Chief Financial Officer Quebecor Inc. and Quebecor Media Inc. jean-francois.pruneau@quebecor.com 514 380-4144 J. Serge Sasseville Vice President, Corporate and Institutional Affairs Quebecor Media Inc. serge.sasseville@quebecor.com 514 380-1864

Quebecor (TSX:QBR.A)
Historical Stock Chart
From Jun 2024 to Jul 2024 Click Here for more Quebecor Charts.
Quebecor (TSX:QBR.A)
Historical Stock Chart
From Jul 2023 to Jul 2024 Click Here for more Quebecor Charts.