Category / Read / Commentary

An extension to April 21 for Canwest Global Communications in its lending crisis….

CanWest shares closed today at a record low of 23 cents and the company teetered on a crucial deadline to pay bond holders — or risk bankruptcy protection. The only two company news releases so far this week concern the company’s sponsorship of spelling bees. As its fate hangs in the balance CanWest declared, “Spelling…

CanWest Global closed the day’s trading at a record low of 25 cents following a slew of critical assessments of its financial crisis; analysts called Canwest shares worthless. Too many good employees depend, and too many Canadians rely for news, on this tottering behemoth…

Derek Weiler, literary critic and editor-in-chief of Canadian book industry magazine Quill & Quire, has died at age 40. Quill & Quire reported his death on its web site, and posted an obituary, here. CBC noted that “Weiler had reportedly battled health problems for some time. The cause of death was not announced.”

The New York Times has launched its “Global Edition,” combining the international reporting of the Times and the International Herald Tribune to provide a “24/7 flow of geopolitical, business, sports and fashion coverage from a distinctly global perspective.” But, but, but … I thought that was the purpose of the IHT? Indeed it was —…

The Tyee asks: “Could New Breed of ‘Low Profit’ Firms Save Our News Media?” A story considers whether hybrid ownership models, now operating in US and UK using charitable and private capital, might work in Canada.

The Vancouver police department formally apologized to the Province newspaper for “retaining the camera belonging to their photographer Jason Payne for longer than we should have,” Chief Constable Jim Chu told a news conference….

Canwest Global Communications Corp was again given some breathing room by its lenders…

A decision by the British Columbia Court of Appeal gives Adbusters the right to sue broadcasters CBC and CanWest Global for refusing to screen anti-consumerist television ads, which were pulled after car companies complained…

The BC Civil Liberties Association filed a complaint with the Vancouver Police Board, following the brief seizure of Province newspaper photographer Jason Payne’s camera….