(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.

Get local stories you won't find anywhere else right to your inbox.
Sign up here

Just Posted

‘He has a home’, the tale of Ladysmith’s Turf Kitty

Chewy, also known as ‘Turf Kitty’, is a popular presence at Forrest Field

Downtown Ladysmith vehicle fire quickly extinguished

LFR Lieutenant Matt Rickett said that everyone involved responded exactly how they were supposed to

QUIZ: How much do you know about British Columbia?

On this B.C. Day long weekend, put your knowledge of our province to the test

Nanaimo-Ladysmith students will be going back to school full time in the fall in ‘learning groups’

Nanaimo Ladysmith Public Schools to submit back-to-school plan to ministry in August

B.C. records 146 new COVID-19 cases through long weekend

More that 28 people tested positive for the virus each day since Friday

Dwindling B.C. bamboo supply leaves Calgary Zoo biologists worried about pandas

Zoo has been trying to send pandas back to China since May

Dinosaurs revived for animatronic auction in Langley

More than 500 robot dinosaurs, fossils, and exhibition gear are going on the block Aug. 6

B.C. paramedics responded to a record-breaking 2,700 overdose calls in July

Province pledges $10.5 million for expansion of overdose prevention response

Canada signs deals with Pfizer, Moderna to get doses of COVID-19 vaccines

Earlier in July both Pfizer and Moderna reported positive results from smaller trials

Canucks tame Minnesota Wild 4-3 to even NHL qualifying series

J.T. Miller leads Vancouver with goal and an assist

Cyclist in hospital after being hit by load of lumber hanging from truck on B.C. highway

A man is in hospital with broken ribs, punctured lung and a broken clavicle and scapula

COVID-19 vaccine efforts provide hope but no silver bullet to stop pandemic: Tam

There are more than two dozen vaccines for COVID-19 in clinical trials around the world

Most Read