CanWest
This makes no sense to me: Over the past week, the share prices for Canadian media giant CanWest have been hammered. At the moment, it’s trading at $1 a share (it’s been as low as 95 cents today); five days ago it was about $1.47., and the 52-week high was over $8 a share. I’ve [...]
Continue reading about Where’s the business press? (Updated)
One of the things I’ve been doing since early September, is following the stock price of CanWest, the Canadian media giant, partly out of interest and partly as part of the teaching in my Daily Newspaper course. Back when I started tracking, the shares were at $2.08, down from the 52-week high of $8.28. Over [...]
Continue reading about Watching media stock: this isn’t pretty
I missed this in the wake of the holiday weekend: the share price for CanWest, one of Canada’s meg-media companies and a major owner of newspapers, jumped 12 per cent. The reason? Speculation that the company is considering taking itself private. According to Reuters: Citing “people familiar with the situation,” the Globe and Mail newspaper [...]
I somehow doubt that those who fought to entrench the right to free expression in various charters and declarations of rights and independence envisioned a major media company claiming that right is violated when drug companies can’t advertise directly to consumers in Canada. (Fourth graf in linked story.) What message is sent when this becomes [...]
Later this year CanWest will launch a multimedia digital newspaper offering embedded video of everything from broadcast news clips to television listings linked to Global TV’s full program lineup
Canada.com — Canwest’s grab bag of Web services — still doesn’t get the Internet. That was fairly obvious in their very weak web sites for the local newspapers, the Sun and the Province. Until recently, you couldn’t even directly access their sites; you had to go through the Canwest-Global site
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