(Castanet)

Glacier Media buys online B.C. news outlet Castanet for $22M

Community news chain already owns newspapers in B.C., Alberta and Saskatchewan

Community news company Glacier Media has bought online Okanagan news outlet Castanet, Glacier announced in a news release Friday.

Glacier Media bought the digital Okanagan news outlet for $22 million, with an additional $2 million for Castanet’s Avenue Radio shares.

Castanet has over 50 staff throughout Kelowna, Vernon and Salmon Arm, and has been in the news business for 18 years.

Glacier Media already owns newspapers across B.C., Alberta and Saskatchewan, as well as industry-specific publications in real estate, beer brewing and mining.


Like us on Facebook and follow us on Twitter.

Just Posted

Masset fishing derby proves to be a catch

All ages participated in the competition to bring in the top salmon and halibut hauls

Queen Charlotte explores banning single use plastics

Council seeking community input on options to reduce plastic waste

Yarn Bombing mastermind is back in town

Big Canada Day longweekend in the works

Taking on the World

Townsend’s Warblers are ready to fly the coop

Maritime Museum project receives legacy grant

A special project of the Dixon Entrance Maritime Museum Society has been… Continue reading

VIDEO: B.C. First Nation plans to launch legal challenge after Trans Mountain approval

Meanwhile, Premier John Horgan says he’ll continue to defend the B.C. coast

Federal cabinet ministers visit Edmonton, Calgary, in wake of TMX approval

Natural Resources Minister Amarjeet Sohi is set to visit Trans Mountain Corp.’s terminal in Edmonton

B.C. municipality prepares to forbid overnight camping by homeless despite court ruling

While courts have ruled against blanket bans, Langley City is employing a site-by-site approach

B.C. auditor says Indigenous grad rate highest ever but education gaps exist

The percentage of Indigenous students graduating from B.C. public high schools has hit its highest level ever

Statistics Canada reports annual pace of inflation rises in May to 2.4%

Transportation prices gained 3.1 per cent as the cost of air transportation added 8.9 per cent

Rich U.S. donors fund anti-oil activism, meeting hears

Much of the organized opposition to oil and gas development in Canada… Continue reading

MPs hear retired B.C. nurse’s petition to change compensation for fatal medical errors

Teri McGrath wants provinces to implement no-fault system for medical errors

Demonstrators on either side of Trans Mountain debate clash in Vancouver

Crowd heard from member of Indigenous-led coalition that hopes to buy 51% of expansion project

Grieving B.C. mom hopes Facebook message leads to new investigation into son’s Surrey homicide

Criminal Justice Branch didn’t lay charges, concluding no substantial likelihood of murder or manslaughter conviction

Most Read