On June 27, 2007, Black Press announced a $405 million takeover offer for Osprey Media, putting it in competition with Quebecor Media for Osprey's assets. Quebecor subsequently put in a higher bid and won ownership of Osprey.
In August, 2007, a story in the Victoria News sparked a complaint from an advertiser and led to the firing/resignation of three senior Black Press employees.
Victoria News reporter Brennan Clarke quit the publication after a story he wrote about buying cheaper cars in the United States led to a complaint from Victoria car dealership Dave Wheaton Pontiac Buick GMC. Black Press claimed the article was not balanced, and said that reporters and editors should not purposely jeopardize advertising revenue with their stories, because that revenue pays their salaries. The company also fired the Vic News long-time editor, Keith Norbury, in part because of the complaint. And Black Press's Vancouver Island Newsgroup regional editor, Brian Lepine, resigned in protest. [1]
The Canadian Association of Journalists publicly questioned the credibility and independence of the Victoria News, wondering how many stories Black Press kills behind the scenes because of advertising concerns. [2]