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This vision encouraged long-time publisher Dan McLeod to finally part with his family-owned publication after 53 years at the helm and after receiving numerous offers over the years.
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The company's goal is to bring 100 million consumers of urban media across North America together under one umbrella and leverage their value across commercial and social verticals. It also owns the cannabis digital platform. In November, MediaCentral bought Toronto's highly regarded NOW magazine and. broadcaster Steve Darling last month why he sees value in buying alternative newspapers like the Georgia Straight. Video of Media Central Corp seeing double digit growth in digital readers Video: MediaCentral CEO Brian Kalish told B.C. "This strategic acquisition is an important next step in our growth plans as we move towards integrating and monetizing this culturally creative and socially innovative group," he added. We are thrilled to add Georgia Straight to the MediaCentral family of brands and are excited to guide this staple of the Vancouver experience towards another 50 years of success," MediaCentral CEO Brian Kalish said in a news release. "Dan McLeod and his family have built a trusted brand that has championed the West Coast's independent voice for more than 50 years. The new owner will continue publishing the Georgia Straight every Thursday in print while maintaining and enhancing. Ontario-based MediaCentral, otherwise known as Media Central Corporation (CSE: FLYY, FSE: 3AT0), announced in January that it had signed a binding letter of intent with the McLeod family to purchase the 53-year-old urban weekly and its websites, including. This morning, a growing Canadian publisher of alternative urban media signified that it has sealed the deal and is the new owner of the Georgia Straight.