Press Releases

Yellow Pages Group Named One of Canada’s Top 100 Employers for the Sixth Consecutive Year

Montreal (Quebec) - October 7, 2011 – For the sixth consecutive year, Yellow Pages Group (YPG), Canada’s leading performance media and marketing solutions company, is proud to have been recognized as one of Canada’s Top 100 Employers by Mediacorp Canada Inc., publisher of employment-related periodicals and online directories.

Yellow Media Inc. to Record Impairment Charge in the Third Quarter and announces Measures to Strengthen its Capital Structure

  • Company will record a goodwill impairment charge of $2.9 billion
  • Company eliminates future dividends on its common shares
  • Company agrees to amend credit agreement following recent downgrade to its credit ratings
  • Company decisively reduces debt while maintaining adequate liquidity
  • Company is focused on executing its 360 Solution digital strategy

Montreal (Quebec), September 28, 2011 - As announced in the second quarter, Yellow Media Inc. (TSX: YLO) determined that, depending on the outcome of the review of its strategic and operating plans, the fair value of the Company’s assets may be determined to be less than their carrying value. As ...

Yellow Media Inc.'s Chief Financial Officer to Step Down

Montreal (Quebec), September 6, 2011 – Yellow Media Inc. (TSX: YLO) announced today that Mr. Christian M. Paupe, Executive Vice President – Corporate Services and Chief Financial Officer, is leaving Yellow Media to pursue other interests.

Yellow Media Inc. Announces the Declaration of the Third Quarter 2011 Dividend on Common Shares and the Quarterly Dividend on the First Preferred Shares

Montreal (Quebec), August 4, 2011 – Yellow Media Inc. (TSX: YLO) announced today the approval of its dividend for the third quarter of 2011 on the Corporation’s outstanding common shares.

Yellow Media Inc. to Support Business Transformation through Debt Reduction

  • Company provides clarity on common share dividend
  • Sale of Trader Corporation completed
  • Company focused on organic execution and debt pay down

Montreal (Quebec), August 4, 2011 — Yellow Media Inc. (TSX: YLO) released second quarter results today, further demonstrating management’s commitment to invest in its business transformation and ensure it maintains its leadership position in Canada.

Yellow Pages Group Applauds the Canadian Competition Bureau Actions to Stop Directory Scam

Montreal (Quebec), July 29, 2011 - Yellow Pages Group (YPG) applauds the legal action recently undertaken by the Canadian Competition Bureau to bring an end to business directory advertising scams and to pursue the organizations which perpetrate these activities.

Yellow Media Inc. Announces Completion of the Sale of Trader Corporation

Montreal (Québec), July 28, 2011 – Yellow Media Inc. (TSX: YLO) announces the successful completion of the sale of Trader Corporation’s automotive segment to Funds advised by Apax Partners. The transaction, previously announced on March 25, 2011, was completed for a net purchase consideration of $708 million, net of expenses and estimated working capital, fees and other adjustments.

Yellow Media Inc. Announces 2011 Second Quarter Results Release Date

Montreal (Quebec), July 28, 2011 – Yellow Media Inc. announces that it will issue its 2011 second quarter results, for the period covering April 1 to June 30, 2011 on August 4, 2011. A conference call will be held on the same day a 1:00 p.m. (Eastern Time) to discuss the results.

Mediative Ranks #1 in Canada for Search

Montreal (Quebec), July 27, 2011 – Mediative, one of North America’s largest integrated advertising and digital marketing companies, is pleased to announce that the business has been selected as the top company in Canada in two Performance Solution categories by TopSEOs.

Yellow Pages Group Reminds Calgary Residents of Print Opt-Out Program

Opt-out period for 2011 distribution of Yellow Pages™ directory in Calgary
closing on August 19, 2011

Calgary (Alberta), July 19, 2011 – Yellow Pages Group (YPG) is reminding Calgary residents that they have until Friday, August 19, 2011 to opt-out of receiving their 2011 Yellow Pages print directory, to be distributed beginning in October in the Calgary area. Through Yellow Pages Group’s Custom Delivery Program, residents can easily remove their names from the print directory delivery list.