![]() said it spent months actively seeking a potential buyer.īut it said “no party capable of taking over the channel was found” and that in view of the financial losses “there was no alternative to closing Sun News.” In a news release to coincide with the early morning shutdown, Sun Media Corp. ![]() The Sun News channel was not included in the deal, which sparked outsiders to suggest the network could fold after years of struggling in the ratings. (the owner of the National Post ) announced plans to purchase the Sun Media newspapers and websites from Quebecor for $316 million. The closure of the conservative-angled news channel follows months of uncertainty surrounding its fate, after Postmedia Network Canada Corp. ![]() This advertisement has not loaded yet, but your article continues below. ![]()
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