KO Media acquires Elle licenses in Canada
KO Média of Montreal has acquired the operating licenses to magazines Elle Québec and Elle Canada from Lagardère Group of Paris. The agreement includes both the print and digital versions of these properties. According to KO, the acquisition is intended to diversify its product line and expand its presence in the luxury, fashion and beauty categories. KO Média also publishes Véro, di Stasio, Édition Papier and K pour Katrine.
“Elle is deeply rooted in both Quebec and Canadian culture,” said Sophie Banford, publisher of both magazines and an associate at KO Média. “The values of this star brand that speak to readers in 43 countries across the globe are a natural integration for us. We are so happy to be associated with one of the world's top leaders in editorial, production, broadcasting and distribution of media content.”