Archive for ‘Other News’
Court approves move of National Post
Friday, October 30th, 2009
An Ontario judge has approved a proposal by Canwest Global Communications Corp. to shift its flagship National Post newspaper to a subsidiary that contains the company’s other newsprint assets, such …
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What will CRTC do about Canwest?
Friday, October 30th, 2009
The CRTC has ruled Globalive Communications Corp. failed Canada’s foreign ownership test to operate as a new cell phone provider, a ruling that could affect the overhaul at Canwest. The …
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Cell company to appeal CRTC ruling on foreign ownership
Friday, October 30th, 2009
Globalive’s fight to be Canada’s next big cellphone company appears headed to the federal government. After the CRTC said the wireless hopeful is in violation of federal ownership rules, Globalive …
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The day Canwest lost Bay Street
Thursday, October 29th, 2009
On a deep winter morning last year, Leonard Asper summoned a dozen or so Bay Street analysts and investors to Toronto’s stately King Edward Hotel for a private lunch. The …
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Post will bring millions in losses to newspaper division
Thursday, October 29th, 2009
Canwest expects to consolidate the company’s flagship newspaper, the National Post, with its other newspaper holdings this week as new court documents paint a picture of the paper’s deep financial …
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Why bonuses for Canwest bosses?
Wednesday, October 28th, 2009
Greed is good. For a few people, at least. Greed has certainly been good for Canwest executives and directors who have been looking after themselves while ordinary workers get screwed …
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Good news for newspapers
Wednesday, October 28th, 2009
Canwest newspapers are making money, the circulation slide may be over and newspaper stocks are outperforming the Toronto Stock Exchange. Recent news about the Canadian newspaper industry has sparked welcome …
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Deal inked to return National Post to publishing division
Wednesday, October 28th, 2009
Canwest Global Communications has announced it will be transferring the National Post newspaper to its publishing division. In a statement released late Tuesday, Canwest said that under the terms of …
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Sale of Chicago Sun-Times completed
Tuesday, October 27th, 2009
An investor group has completed its acquisition of substantially all of what was once the Sun-Times Media Group Inc. in a transaction valued at $26.5 million, Sun-Times Media Holdings LLC …
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Winnipeg suppliers remain loyal to Canwest despite debts
Tuesday, October 27th, 2009
It appears no debt is too small to make it onto Canwest list of creditors. Princess Auto Ltd. is owed $8.77 and is only one of 31 Winnipeg creditors on …
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