BREAKING: Castanet sold to national media company - iNFOnews.ca
The price tag was $22 million.
infotel.caHere is the latest publicly available information I could gather about Castanet Media Ltd.
- Castanet Media Ltd. is an online news outlet based in Kelowna, British Columbia, with a network that expanded to multiple Okanagan communities over the years. In 2019, Castanet was acquired by Glacier Media for about $22 million, including a related stake in Avenue Radio.[1][2][3]
- Glacier Media owns Castanet as part of its broader portfolio of Canadian local and regional publications, and Castanet has continued to operate its various regional editions and digital services under Glacier’s ownership.[3][1]
- Castanet has historically operated multiple local bureaus within the Southern Interior and has emphasized digital-first news coverage, alongside related advertising and digital services offerings (e.g., Castanet Automall, RV Powersports Mall, and The Tango). The company celebrated a 25th anniversary in 2025, highlighting its growth and regional footprint.[3]
If you’d like, I can look up the most current news articles or official statements from Castanet or Glacier Media for any developments in 2026. Would you prefer I search for updates from business news outlets or Castanet’s own site?
Citations:
- Glacier Media buys Kelowna-based online news service Castanet for $22M[1]
- BREAKING: Castanet sold to national media company[2]
- Castanet Media reaches a quarter century, and growing[3]