(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

American travel writers gush about Nelson

Recent pieces in the Washington Post and Spokesman-Review focus on Nelson

RDCK asks province for more powers to regulate private land logging

‘If the province won’t step up, we will have to’

Women, children escaping domestic violence have few options in Nelson

The 11th annual Report Card on Homelessness shows a need for women’s housing

L.V. Rogers awards its top athletes

The high school honoured its athletes last week

Logging protester arrested near Balfour

Jessica Ogden remains in custody until a hearing date is set

VIDEO: Rosemont Elementary cuts ribbon on new outdoor classroom

The project includes a tribute to a former student

Former Canucks goalie Roberto Luongo to retire

‘Bobby Lou’ calls it a career after 19 NHL seasons

Man charged in crash that killed B.C. pregnant woman

Frank Tessman charged for 2018 Highway 1 accident where Kelowna elementary school teacher died

Province unveils 10-year plan to boost mental health, addiction recovery services

The plan, called A Pathway to Hope, focuses on early-intervention services that are seeing high demand

Rock slide in B.C. river may hinder salmon passage

DFO says it is aware that the slide occurred in a narrow portion of the Fraser River

Four-hour tarmac delay violates charter rights of Canadians with a disability: lawsuit

Bob Brown says new rules reduce the distance he can travel by air without putting his health at risk

Fate of accused in Canadian couple’s 1987 killings in jury’s hands

William Talbott’s lawyer says DNA doesn’t prove murder

Eating sandwiches, putting on makeup behind the wheel could land you a fine

RCMP say if you cause an accident while eating you could be penalized

Most Read