Ad blocking detected

Thank you for visiting CanadianInsider.com. We have detected you cannot see ads being served on our site due to blocking. Unfortunately, due to the high cost of data, we cannot serve the requested page without the accompanied ads.

If you have installed ad-blocking software, please disable it (sometimes a complete uninstall is necessary). Private browsing Firefox users should be able to disable tracking protection while visiting our website. Visit Mozilla support for more information. If you do not believe you have any ad-blocking software on your browser, you may want to try another browser, computer or internet service provider. Alternatively, you may consider the following if you want an ad-free experience.

Canadian Insider Ultra Club
$432/ year*
Daily Morning INK newsletter
+3 months archive
Canadian Market INK weekly newsletter
+3 months archive
30 publication downloads per month from the PDF store
Top 20 Gold, Top 30 Energy, Top 40 Stock downloads from the PDF store
All benefits of basic registration
No 3rd party display ads
JOIN THE CLUB

* Price is subject to applicable taxes.

Paid subscriptions and memberships are auto-renewing unless cancelled (easily done via the Account Settings Membership Status page after logging in). Once cancelled, a subscription or membership will terminate at the end of the current term.

Return to homepage

TC Media Expands its Digital Educational Offering with the Acquisition of Scolab

MONTREAL, March 15, 2022 (GLOBE NEWSWIRE) -- Transcontinental Inc. (TSX: TCL.A TCL.B) announces today the acquisition by TC Media of Scolab Inc., a leader in the development of digital educational products. Scolab is known for Netmath, distributed in Canada in French and English, and Buzzmath, distributed in the United States. These products are used by thousands of students and teachers across North America.

"Scolab is a visionary, innovative and dynamic company," said Patrick Lutzy, President of TC Media. “This strategic acquisition enhances TC Media Books’ already strong digital offering. The co-existence of digital with print is essential today in our industry, and we are proud of our leadership in this area. This new step forward expands and diversifies our offering of digital educational products for the elementary and secondary levels."

Carl Malartre, Scolab’s co-founder and CEO added: “We are pleased to join forces with TC Media Books. This combination will allow us to better achieve our mission of offering engaging and meaningful digital content to support the progress and success of students."

About TC Media

TC Media, the media sector of Transcontinental Inc. (TSX: TCL.A TCL.B), employs nearly 250 people within TC Media Books and Groupe Constructo. TC Media Books, the largest French-language educational publishing group in North America, publishes for all levels of instruction in print and digital formats, mainly under the Chenelière Éducation, Gaëtan Morin Éditeur, Beauchemin, Modulo, Graficor and Édisem brands. TC Media Books is also a leader in educational digital publishing and the distribution of specialized works in French, in addition to being the leader in the supplemental educational materials market in Québec, and being active in general interest publishing mainly under the Éditions Caractère and Éditions Transcontinental brands. Distributor Somabec is also part of TC Media Books. Groupe Constructo is the leader in publishing strategic information for Québec’s construction industry.

For information:

MediaFinancial Community
Rosiane TessierYan Lapointe
Advisor, Corporate CommunicationsDirector, Investor Relations
TC TranscontinentalTC Transcontinental
450-271-8513514-954-3574
[email protected][email protected]
www.tc.tcwww.tc.tc

Comment On!

140
Upload limit is up to 1mb only
To post messages to your Socail Media account, you must first give authorization from the websites. Select the platform you wish to connect your account to CanadianInsider.com (via Easy Blurb).
LinkedIn
StockTwits
Twitter