Canadian Publishing Industry News
24 August 2021,     MONTREAL
IGA Takes Majority Stake in Ricardo Media
 
 
Ricardo Media and IGA have formed a new partnership. IGA has invested in a majority stake in the media company and its various business lines—magazine, TV shows, online, books, stores, restaurants, and food. IGA and Ricardo have a longstanding relationship
            Ricardo Media will continue to operate in its current form. Co-founders Ricardo Larrivée and Brigitte Coutu will remain in their leadership positions and employees are expected to keep their positions.

 

            "Brigitte and I have been passionately building the Ricardo brand for 20 years. Partnering with IGA is an important step in our entrepreneurial journey, enabling us to accelerate the brand development and ensure its sustainability in Quebec and across the country,” said Larrivée

            Founded in 2002, Ricardo Media focuses on food both in media and retail. Its eponymous magazine is read by one million readers, it has a daily television program, has published ten books in French and English, and its website clocks in 5.4 million visits a month.

Story Tools
Most Recent News Comment
Jaded says:
Wow, Torstar really seems to be on a mission to bankrupt one magazine after another....
Most Recent Blog Comment
Marty Seto says:
Help Spread the word for Orange Shirt Day on September 30 too....
Blogs
Martin Seto Gadget Blog
Martin Seto
Most recent posts:
Scott Bullock Covers Sell
Scott Bullock
Most recent posts:
Industry Guest Blogger Words of Inspiration
Industry Guest Blogger
Most recent posts:
Dennis Kelly 57 Media Spikes
Dennis Kelly
Most recent posts:
Norm Lourenco RGD Magazine Media Brandaid
Norm Lourenco RGD
Most recent posts:
Richard Johnson Off the Page
Richard Johnson
Most recent posts:
Connections
Special Reports