Monday, December 31, 2018

Group of Rogers employees proposes to buy magazine brands in effort to save jobs

Susan Krashinsky Robertson writes that a group of Rogers Media employees has crafted a proposal to buy the company’s magazine brands, in an attempt to save jobs at a division the communications company no longer wants to own.
The group has put forward a plan to purchase Rogers Communications Inc.'s five remaining print magazines – Maclean’s, Today’s Parent, Hello! Canada and Chatelaine’s English and French editions – as well as digital titles Canadian Business and Flare and a custom content unit, which creates editorial-style content such as branded magazines for companies.
Rogers formally put the business for sale several months ago.
Rogers is said to have two interested parties, of which the employee group is one. The group is spearheaded by Alison Uncles, editor-in-chief of Maclean’s magazine, and entrepreneur Scott Gilmore, a former diplomat who is a Maclean’s contributor. (The Globe has not been able to confirm the identity of the other bidder.)
Link-Globe subscribers only story

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