Glacier Media

Glacier Media is a Canadian business information and media products company.[2] It provides news, market information and sector-specific data within North America and internationally.

Glacier Media Inc.
Public
Traded asTSX: GVC
IndustryBusiness information, business media, community media
FoundedMarch 23, 1988
Headquarters2188 Yukon Street, Vancouver, British Columbia, Canada
Area served
Western Canada
Key people
Sam Grippo, chairman
Jonathon J.L. Kennedy, CEO
Orest Smysnuik, CFO
ProductsBusiness media and data products, community media
RevenueC$260 million (2015)[1]
Number of employees
2,224 (2017)
DivisionsGlacier FarmMedia
JWN Energy Group
Evaluate Energy
UK Energy Strategies Ltd.
Glacier Mining Group
Glacier Media Real Estate Division
Business in Vancouver Media Group
Specialty Technical Publications (STP)
Environmental Risk Information Services (ERIS)
Weather Innovations Consulting
Inceptus Media
Lower Mainland Publishing
SubsidiariesAlta Newspaper Group (59%)
Continental Newspapers (27.6%)
Great West Newspapers (50%)
RISN Operations (50%)
Websitewww.glaciermedia.ca

Glacier is headquartered in Vancouver. Its primary operations are in Canada as well as London, England. It is publicly traded on the Toronto Stock Exchange. The company provides news, data and analysis in a range of business sectors. These sectors include: Agriculture, Energy, Mining, Real Estate and Environmental Risk.[3] Glacier also owns community newspapers and websites in British Columbia, Alberta and Saskatchewan.[4][5]

Key areas of operation

Glacier provides business information to several industries.

Agriculture

Glacier’s provides information to farmers regarding technology and techniques to produce crops and rear livestock. The division is called Glacier FarmMedia.[6] It includes publications such as The Western Producer, Manitoba Co-operator, Grainews, Alberta Farmer Express, Canadian Cattlemen and Le Bulletin des agriculteurs.[7] Daily futures market data and commentary is also provided.[8] The division includes an outdoor events business [9] as well as weather information gathered from more than 1,000 weather stations in western Canada. Its weather business focuses on solutions in agro-meteorology, mathematical modelling, database management and internet-based program delivery. Teams are situated primarily in Manitoba and Saskatchewan.[10]

Energy

Glacier provides company and asset information primarily for Canada's energy industry. It also provides globally-oriented energy data for markets outside of Canada.[11] Its energy division is called JWN Energy Group.[12] Publications include the Daily Oil Bulletin and Oilweek magazine. Canadian operating and asset data is part of the Canoils brand of data products.[13] More globally focused energy data is provided under the Evaluate Energy brand. Glacier Media has a joint venture partnership with Portcullis Public Affairs. In 2016 they jointly created UK Energy Strategies Ltd. Teams are situated in Calgary, Edmonton, London (UK) and India.

Mining

Mining business information is provided to mine operators, exploration and prospecting companies, mine developers and mining investors. Glacier’s InfoMine[14] division gathers news content and mining data, as well as related publications and software, on-line learning courses, career notices and conference information.[15] Glacier produces two mining publications: The Northern Miner, which has been published for more than 100 years, and the Canadian Mining Journal.[16][17]

Real Estate

Glacier’s real estate information division provides real estate listings information for British Columbia via its REW.ca portal.[18] It also publishes Real Estate Weekly,[19] a newspaper focused on new and resale residential home listings in Metro Vancouver,[20] and Western Investor, a monthly commercial real estate newspaper for B.C. and Alberta.[21]

Environmental Risk

Glacier has an environmental risk information division, known as ERIS. It provides information to businesses seeking to identify potential environmental risks on a property. This information is delivered within the United States and Canada. ERIS Canada has been providing this information since 1999.[22][23] It is aggregated primarily from government sources. In 2013, ERIS expanded into the United States. It provides historical and current environmental risk data and historical products for properties in all 50 states.[24]

Regulatory Compliance

Glacier has a division focused on providing information about regulatory compliance issues. This division is called Specialty Technical Publishers (STP) [25] and information is provided for North America and countries abroad.[26]

Weather

Glacier has a weather information division that provides weather based monitoring and modelling information. It is called Weather Innovations Consulting LP. Its information is used by agribusinesses, producer organizations, government agencies and researchers.[27] The program was originally launched out of the University of Guelph in Ridgetown, Ontario, Canada.[28]

General Business Media

Glacier has a general business group that provides information on Vancouver and British Columbia. This group is called Business in Vancouver Media Group. It contains a weekly newspaper, Business in Vancouver,[29] and a daily news website called BIV.com. The group also produces annual business magazines and business events.[30]

Healthcare

Glacier Media has a subsidiary for Canadian healthcare professionals to learn about the medical breakthroughs, clinical studies and best practices. The subsidiary is called Inceptus Media.[31]

Community Media

Glacier owns community newspapers and websites in British Columbia, Alberta and Saskatchewan.[32] Glacier purchased its largest newspaper, the Times Colonist of Victoria, British Columbia, in an $86.5 million deal in 2011.[33] The deal included other newspapers formerly held by Postmedia Network.[34] Other daily newspapers include Alaska Highway News. Weekly newspapers include: Vancouver Courier, North Shore News, Delta Optimist, Burnaby Now, Richmond News, The Prince George Citizen.[35] New Westminster Record,[36] Coast Reporter, The Squamish Chief and Weyburn Review.

In April 2019, Glacier announced its intent to acquire Castanet Media, owner of the Kelowna-based online publication Castanet. The purchase also includes its co-owned radio station CKOO-FM, subject to CRTC approval.[37][38]

References

  1. , Consolidated Financial Statements of Glacier Media Inc., Dec. 31, 2015
  2. , Condensed Interim Consolidated Financial Statements of Glacier Media Inc, Sept 30, 2016.
  3. , Condensed Interim Consolidated Financial Statements of Glacier Media Inc, Sept 30, 2016.
  4. , Postmedia sells Victoria Times Colonist to Glacier Media, Globe and Mail, October 2011
  5. , Black Press, Glacier Media swap newspapers in Metro Vancouver, Vancouver Island, Vancouver Sun, Dec 17, 2014
  6. , Glacier Media Inc. Second Quarter 2016 Investor Facts.
  7. , All-Net expands municipalities emergency services options, Thompson Citizen, Feb. 26, 2014
  8. Commodity News Service sold to Glacier Media, PortageOnline, Sept. 12, 2012
  9. , Glacier Media acquires Canada's largest farm show, Trade Show Executive, Oct. 1, 2011
  10. , Glacier Media Inc. First Quarter 2016 Investor Facts
  11. , Canada sets its sights on global markets, Natural Gas World magazine, Jan. 11, 2017
  12. , JuneWarren-Nickle's Energy Group, Glacier Media donate $50,000 to Red Cross Fort McMurray efforts, Thompson Citizen, May 12, 2016
  13. , Glacier Media Inc. Press Release, June 2016
  14. , InfoMine founder inducted into international mining hall of fame, BTP, May 15, 2015
  15. Mining Foundation of the Southwest
  16. , Glacier Media acquires interest in InfoMine, Nov. 13, 2011, BIV
  17. , Robert King appointed president of Glacier Media's mining group, Canadian Mining Journal, February 16, 2017
  18. , Glacier Media Inc. Press Release 2016
  19. , B.C.'s proposed foreigner tax to help fund Metro Vancouver housing projects, CTV News, July 28, 2016
  20. , Real Estate Weekly launches online search portal REW.ca, Vancouver Sun, Oct. 12, 2011
  21. , Mondo Times
  22. , Insurance Business magazine, The Future Is Now, Feb. 4, 2014
  23. , Environmental-Expert, Companies directory
  24. , Enviro-Net, Directory of Companies
  25. , Specialty Technical Publishers (STP) and Specialty Technical Consultants (STC) Publish Environmental, Health & Safety (EHS) Audit Protocols for Australia, National, We Are WV Proud, Mar. 9, 2017
  26. , STP partner award article, Dec 21, 2016
  27. , Weather Innovations (WIN) acquires WeatherFarm.com, AgriMarketing, May 9, 2013
  28. , All-Net expands municipalities emergency services options, Thompson Citizen, Feb. 26, 2014
  29. , Glacier Media company profile, Reuters
  30. , CPABC - News for and about members and students, Feb. 2009
  31. , Glacier Media company profile, Reuters
  32. , Black Press, Glacier Media swap newspapers in Metro Vancouver, Vancouver Island, Vancouver Sun, Dec 17, 2014
  33. , Postmedia sells Victoria Times Colonist to Glacier Media, Globe and Mail, October 2011
  34. , Condensed Consolidated Interim Financial Statements, Sept 30, 2011
  35. , Condensed Consolidated Interim Financial Statements, Sept 30, 2011
  36. "Contact The Record". New Westminster Record. Glacier Community Media. 2018. Retrieved 2018-04-27.
  37. "Castanet sold to Canadian media group". KelownaNow. Retrieved 2019-06-21.
  38. Thiessen, Connie (2019-04-05). "Glacier Media sells interest in Fundata, acquires Kelowna's Castanet". Broadcast Dialogue. Retrieved 2019-06-21.

Sources

Consolidated Financial Statements, December 31, 2015


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