Canwest Global Communications files under Chapter 11

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    PTFlea
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    Canwest Global Communications files under Chapter 11

    Post by PTFlea on Fri Jan 08, 2010 1:10 pm

    Canwest Global Communications is putting its newspaper and related online operations under bankruptcy protection.

    Among the things that they own: The Ottawa Citizen.
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    PKC
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    Re: Canwest Global Communications files under Chapter 11

    Post by PKC on Fri Jan 08, 2010 1:16 pm

    SpezDispenser wrote:Canwest Global Communications is putting its newspaper and related online operations under bankruptcy protection.

    Among the things that they own: The Ottawa Citizen.

    It's not as bad as it sounds.

    Their newsprint and online media services are the only ones that generate any money. It's the rest of their ventures that are posting insane amounts of losses.
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    Re: Canwest Global Communications files under Chapter 11

    Post by PTFlea on Fri Jan 08, 2010 1:20 pm

    That's good news then, I couldn't find a proper story on it to post.
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    Re: Canwest Global Communications files under Chapter 11

    Post by PKC on Fri Jan 08, 2010 1:29 pm

    SpezDispenser wrote:That's good news then, I couldn't find a proper story on it to post.

    Did you check the Ottawa Citizen website?

    http://www.ottawacitizen.com/news/Canwest+publishing+group+sale+after+filing/2420298/story.html
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    Re: Canwest Global Communications files under Chapter 11

    Post by PTFlea on Fri Jan 08, 2010 2:05 pm

    Haha, no I did not.

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