J-Source

Canwest sale buzz

The media biz was abuzz when the bankruptcy court gave Canwest the go-ahead to sell the chain’s newspapers to bond-holders, led by former tabloid publisher and Blue Jay exec Paul Godfrey.  Will the move breathe life into local news, or have the papers been sold to vultures? In advance of the decision, media workers called…

The media biz was abuzz when the bankruptcy court gave
Canwest the go-ahead
to sell the chain’s newspapers to bond-holders, led by
former tabloid publisher and Blue Jay exec Paul Godfrey.  Will the move breathe
life into local news
, or have the papers been sold to vultures? In advance
of the decision, media workers called on the court to consider preserving the
public trust
as a sale condition. Worth noting: the approval coincided with
a
national conference
seeking alternatives to ownership and management models
that chase only the financial bottom-line. This J-Source analysis
rounds up some of the news and opinion regarding the sale. For a historical ride on the Canwest roller coaster, visit our Business of Journalism J-Topic. 


The media biz was abuzz when the bankruptcy court gave
Canwest the go-ahead
to sell the chain’s newspapers to bond-holders, led by
former tabloid publisher and Blue Jay exec Paul Godfrey.  Will the move breathe
life into local news
, or have the papers been sold to vultures? In advance
of the decision, media workers called on the court to consider preserving the
public trust
as a sale condition. Worth noting: the approval coincided with
a
national conference
seeking alternatives to ownership and management models
that chase only the financial bottom-line. This J-Source analysis
rounds up some of the news and opinion regarding the sale. For a historical ride on the Canwest roller coaster, visit our Business of Journalism J-Topic. 

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Patricia W. Elliott is a magazine journalist and assistant professor at the School of Journalism, University of Regina. You can visit her at patriciaelliott.ca.