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[ Date›  06  / 09  / 10
On net neutrality and Internet access
Steve Anderson of OpenMedia.ca appeared before a House of Commons committee today to discuss net neutrality, media ownership and internet access. Listen to the podcast...
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Goldman Sachs asks court to stop Shaw-Canwest deal
Wall Street investment firm Goldman Sachs Group Inc. is set to appeal an Ontario Court decision that approved the sale of Canwest Global Communications Corp.'s television assets to Shaw Communications Inc., The Canadian Press (CP) reports.  According to CP, Goldman... More»
Canwest sale to Shaw likely positive for journalists
Kelly Toughill Jim Shaw's purchase of Izzy Asper's old media empire should mark the start of better things for Canwest journalists, writes Kelly Toughill. More»  Comments (2) »
Rival bid for Canwest emerges
Just hours before Shaw Communications Inc. was about to seek court approval for its offer to buy 20 per cent equity and a controlling stake in Canwest, another bid has emerged for the company, The Globe and Mail reports. The Catalyst Capital Group-led coalition also includes Goldman Sachs Group Inc., the Asper family, John Tory, ex-CEO of Rogers' cable division and television executive Rael Merson. According to the... More»
What will the Shaw-Canwest deal mean?
When Canwest announced it had agreed to sell a controlling stake in the company to Calgary-based Shaw, the speculation began.

In an article titled, "Future uncertain for CanWest's newspaper chain," Toronto Star reporters noted that the deal "leaves significant assets of both companies on the sidelines," including Canwest's newspapers, which were not a part of the deal, and Shaw's stake in Corus Entertainment.

A Globe and Mail report called "Why Shaw wants Canwest," notes that "as industries converge, it is important for telecom companies to be more than just 'dumb pipes,'" and then compares the outcome of the Shaw deal to models that have worked for both Quebecor and Rogers.

And what about New York investment firm Goldman Sachs? A Financial Post article notes that Goldman, which controls the 13 specialty channels Shaw is acquiring, ultimately "wants the opportunity to flex its muscles and remind the players any successful bid needs its support."

Freelance journalist and blogger Steve Faguy lists the assets involved and reminds readers that Shaw and Canwest have been rivals in the fee-for-carriage battle and the deal will force "Shaw to prove its point about how conventional television isn't in need of financial support from cable and satellite companies."

The Globe's Andrew Willis calls it a "dark day for the Asper family" as he lists the "Winners and losers at Canwest."
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Canwest sale "heats up", Globe reports
The sale of Canwest Global Communications Corp. "will likely be completed by April," The Globe and Mail reports, as two leading consortiums are preparing to make bids. According to sources... More»
Trio to bid for three Canwest papers
Three Canadians involved in the media industry are preparing to bid for three Canwest papers, The Globe and Mail reports. The consortium is looking to buy the National Post, the Ottawa Citizen and The Gazette in Montreal. The group includes former... More»  Comments (2) »
Court approves Post's transfer to publishing division
An Ontario court has cleared the way for Canwest Global Communications Corp. to move the National Post into its publishing division, where it will join the companies other newspapers, The Globe and Mail reports. The company had stated that it would likely have to close the Post if the transfer were not allowed. The Globe's Grant Robertson wrote... More»
Canwest units under creditor protection
The Ontario Superior Court of Justice granted most of the Canwest Global Communications organization protection from creditors at mid-morning Tuesday, ending years of uncertainty about Canwest's massive debt load. The company, which closed closed in trading Monday with its shares at .235, announced the court order. A Globe and Mail story said... More»
Znaimer back in TV with Vision
Moses Znaimer, founder of CityTV and MuchMusic, is jumping back into television with an agreement to buy Vision TV, a collection of multicultural and religious channels. Znaimer's ZoomerMedia Ltd., along with backing from Fairfax Financial Holdings, is set to acquire Vision TV for $25 million. Znaimer said... More»
Intern fired over news article
[Note: this post has been updated] While working as an intern at New Brunswick's Telegraph-Journal, Matt McCann wrote a news story that was put on the front page. Then he was fired for writing that same story, according to the St. Thomas University student. McCann's story was about... More»  Comments (10) »
Shaw to buy three CTV stations for $1 each
Shaw Communications offered CTV a buck apiece for three television stations and the offer was accepted, CTV announced. The deal includes one station in Brandon, Man., and CTV's A Channel stations in Wingham and Windsor, Ont. In February... More»
Canwest sells New Republic
Canwest Global Communications Corp. announced it has sold The New Republic back to the editor it bought the magazine from two years ago, according to a Canadian Press report. The purchase amount... More»
CTV puts Brandon TV station up for sale
CTV Television Inc. has put Manitoba's CKX-TV Brandon up for sale, and says it will shut the station down if it doesn't find a buyer before the end of March. The license... More»
Canwest considers selling E! network
Canwest Global Communications Corp. announced it is "exploring strategic options" concerning five of its television stations. And selling the them is one of the options on the table... More»
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