Bce globe and mail

You're referring to the BCE Globe and Mail deal!

In 2010, BCE (Bell Canada Enterprises) acquired the Globe and Mail, a Canadian national newspaper, for $1.07 billion. The deal was a significant one, as it marked the first time a major Canadian newspaper had been acquired by a telecommunications company.

Here are some key details about the deal:

• BCE acquired the Globe and Mail's parent company, Woodbridge Company Limited, which held a 70% stake in the newspaper.
• The deal also included the Globe and Mail's digital assets, such as its website and mobile apps.
• BCE's acquisition of the Globe and Mail was seen as a strategic move to expand its presence in the digital media space and to leverage the newspaper's brand and audience.
• The deal was completed in June 2010, and BCE has since maintained the Globe and Mail as a separate entity, with its own editorial independence and management structure.

Under BCE's ownership, the Globe and Mail has continued to evolve and adapt to the changing media landscape. The newspaper has invested in digital initiatives, such as online subscriptions and mobile apps, and has expanded its coverage of business, politics, and other topics.

Overall, the BCE Globe and Mail deal marked a significant shift in the Canadian media landscape, and has had a lasting impact on the country's newspaper industry.