Tyler Kaster
Long only, value

Glacier Media - Declining Business Hides Growing Opportunity

OVERVIEW

COMPANY DESCRIPTION

Glacier Media (OTC:GLMFF) is a Canadian publisher of daily newspapers, trade magazines, and information products throughout Western Canada. It is based in Vancouver, British Columbia, and trades on the Toronto stock exchange under GVC, and on the OTC markets as GLMFF. All numbers in this article are reported in CAD, as that is the currency in which the company operates.

COMPANY UNITS

There are three operating units within the company:

1. Newspaper

The Glacier Newspaper Group publishes local daily and weekly newspapers.

These are generally in smaller communities in the Western Provinces: British Columbia, Alberta, Saskatchewan & Manitoba. There are currently 77 local newspapers with circulations ranging from 617 to 123,000 (median circulation is...

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