The U.S.-controlled media monopoly Postmedia announced on October 9 that it had purchased the Sun Media chain, the English-language publications of the Peladeau media monopoly, Quebecor, for $316 million. The deal gives Postmedia control of the five daily Sun newspapers in Calgary, Edmonton, Ottawa, Toronto and Winnipeg; 27 small-market dailies; 140 weeklies; the London Free Press and numerous other media properties. Postmedia already owns, among other properties, the National Post, Calgary Herald, Edmonton Journal, Montreal Gazette, Regina Leader-Post, Ottawa Citizen, Saskatoon Star-Phoenix, Windsor Star, Vancouver Sun and Vancouver Province. The purchase of Sun Media still requires regulatory approval from the federal Competition Bureau. Continue reading