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ST. JOSEPH BUYS KEY MEDIA

Toronto-based Key Media Ltd., publisher of magazines including Toronto Life, Fashion, Where and Wedding Bells, has been purchased by St. Joseph Corp. of Concord, ON for an undisclosed sum. St. Joseph's publishing division, Multi-Vision, produces titles including Elm Street, Shift, Canadian Family and Saturday Night. "Most of the Key Media brands have thrived for decades and have enviable reputations among readers and the advertising and publishing communities," said St. Joseph CEO Tony Gagliano. "Key Media will greatly enhance our existing publishing business and fits our growth plans as a communication company."

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