television-Media

Corus Entertainment ‘aggressively’ cutting costs, laying off more employees as revenue slumps

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Corus Entertainment ‘aggressively’ cutting costs, laying off more employees as revenue slumps

As revenue slumps from a “challenging advertising environment,” Canadian media company Corus Entertainment — which houses brands like Global News and YTV — is “aggressively” cutting costs, continuing layoffs and shutting down parts of its business. In the company’s third-quarter earnings call on Monday, co-chief executive officer John Gossling said that by the end of August, Corus expects it will have … Read more

Google signs deal with organization to distribute $100M to Canadian news companies

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Google signs deal with organization to distribute 0M to Canadian news companies

Google named the organization it has selected to distribute the $100 million the tech giant has promised to Canadian news companies Friday. Google agreed to pay Canadian news publishers $100 million annually, indexed to inflation, in order to be exempt from the Online News Act, which compels tech companies to enter into agreements with news … Read more

2024 Canadian Screen Awards: BlackBerry becomes most awarded title in ceremony’s history

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2024 Canadian Screen Awards: BlackBerry becomes most awarded title in ceremony’s history

In an echo of last year’s duel record-breaking performance by dramas The Porter and Brother, both BlackBerry and Little Bird shattered records at the final night of the 2024 Canadian Screen Awards. But while those first two titles both became the most ever awarded at the CSAs last year with 12 wins apiece, there was one … Read more

Bell CEO, other execs called to committee to answer questions about job cuts

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Bell CEO, other execs called to committee to answer questions about job cuts

Members of Parliament have invited several top executives from BCE Inc. and Bell Canada to testify later this month about the company’s decision to cut about nine per cent of its workforce this year. The House of Commons heritage committee agreed to invite BCE Inc. CEO Mirko Bibic to address the cuts, which will have impacts … Read more

Bell Media planning cuts to CTV, BNN Bloomberg following BCE layoffs, sale of 45 radio stations

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Bell Media planning cuts to CTV, BNN Bloomberg following BCE layoffs, sale of 45 radio stations

Bell Media is ending multiple television newscasts and making other programming cuts after its parent company announced widespread layoffs and the sale of 45 of its 103 regional radio stations. News stations such as CTV and BNN Bloomberg would be affected immediately, according to an internal memo sent to Bell Media employees on Thursday. The … Read more