Telus Corp (TU), Canada’s second largest telecom carrier, has reportedly acquired Black’s Photo Corporation (Black’s), a leading imaging and digital retailer in Canada , for C$28 million (US$26 million). For nearly 80 years, Black’s has been a premier distributor of cameras, accessories, albums and printing services that are complementary to Telus’ wireless offerings.  Telus’ wireless devices will feature in Black’s nationwide retail outlets, addressing the growing demand for mobile handsets embedded with high quality photo and video capability. Telus remains the industry leader in offering the broadest assortment of smartphones in Canada. Strong smartphone adoption and the associated increase in data service usage continue to catalyze wireless data revenue growth.  Telus contends with a weakening Canadian economy and domestic competition, which would intensify with the entry of new wireless players (including Globalive Communications and Quebecor Inc) in late 2009 and early 2010. The company continues to ...

Journal Communications (JRN) is a publishing company operating in the printing services, broadcasting and publishing segments. Its flagship newspaper is the Milwaukee Journal Sentinel and the company owns 49 community newspapers and shoppers throughout Florida and Wisconsin. The broadcasting segment operates 35 radio stations and 11 television stations in 12 states, as well as involves in the operation of a television station under a local marketing agreement. The Printing Services segment offers a range of commercial printing services, including printing of publications, professional journals, and documentation material.

As media transforms from print to digital, Journal Communications has shifted its focus toward broadcast enterprises, expanding its radio, television and Web offerings, while reducing its print footprint. The company shed publishing operations in Louisiana and Ohio last year and similar businesses in Connecticut and Vermont will also be shed. Broadcasting makes up about 35 percent of Journal Communications’ sales. Wisconsin-based Journal Communications

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