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Quebecor Inc
Symbol QBR
Shares Issued 83,875,492
Close 2014-07-30 C$ 26.47
Market Cap C$ 2,220,184,273
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Quebecor creates Media Group division

2014-07-31 07:24 ET - News Release

Mr. Pierre Dion reports

QUEBECOR CREATES MEDIA GROUP, PART OF QUEBECOR MEDIA INC.

Quebecor Inc. has created Media Group, the new group dedicated to entertainment and news. Media Group includes TVA Group Inc., Sun Media Corp., QMI Agency, Out-of-Home, Quebecor Media sales, Messageries Dynamiques and Quebecor Media Printing Inc.

"Consumers' media habits have continued to evolve in recent years," said Pierre Dion. "The creation of Media Group maximizes the division's strengths and combines our skills to provide better, more diverse and distinctive content."

With this new group, Quebecor Media Inc. aims to offer its customers new experiences through their choice of platforms, while maintaining the strengths of the brands now contained within Media Group.

"Media Group allows us to deliver our content more efficiently and with more agility across all our platforms, and to further our convergence offer, which has made our company such a success," added Mr. Dion.

Media Group will be headed by Julie Tremblay, who becomes president and chief executive officer of this new group. She also will serve as president and chief executive officer of TVA Group.

"Recognized for her leadership and vision, Julie Tremblay is the ideal person to lead both Media Group and TVA Group Inc.," said Mr. Dion. "She is a highly talented manager who has worked at Quebecor Inc. for more than 25 years. Her in-depth knowledge of the organization and the industry will certainly be an asset for advancing Media Group's brands. She has my full confidence."

"I am very pleased to accept this new challenge, which represents an opportunity to develop a more integrated, multiplatform and convergent offer for all our audiences and our advertisers," said Ms. Tremblay. "We will focus our efforts on continuing our strategic transformation to strengthen our leadership in entertainment and news media, while contributing to the profitability of TVA Group Inc. and Quebecor Media Inc. Every Media Group brand can be further developed by leveraging their respective strengths across all platforms: television, print, Web, tablet and mobile."

Julie Tremblay appointed to the board of directors of TVA Group

The board of directors of TVA Group also announces the appointment of Ms. Tremblay as director. In her new role on the TVA Group board of directors, she replaces Mr. Dion, who has announced he is resigning from the board, but will remain a permanent guest of the board.

Ms. Tremblay has worked for Quebecor since 1989. She was human resources vice-president for eight years and chief operating officer for Sun Media before becoming chief executive officer in 2013. Prior to joining Quebecor, Ms. Tremblay practised law with a major law firm. She has been a member of the Quebec Bar since 1984 and earned her BA in political science at McGill University.

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