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Canada's Canwest to seek court protection

Oct. 6, 2009
Canadian media giant Canwest Global Communications Corp. said Tuesday it will file for bankruptcy protection under a deal with a key group of lenders, as it seeks court approval to restructure its debt. Canwest Global Communications Corp. has been struggling...
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Canwest media gets bondholder reprieve

CALGARY, Alberta, May 21 (UPI) -- Bondholders came to the rescue of Canada's CanWest Global Communications Corp. with a $175 million three-month bailout package, sources said.

Canada's National Post to take Mondays off

TORONTO, April 30 (UPI) -- The parent company of Canada's National Post newspaper said it will skip publishing nine Monday editions during the summer to save money.

Canwest media gets debt extension

WINNIPEG, Manitoba, April 15 (UPI) -- Bondholders for Canada's largest media company, Canwest Global Communications Corp., gave the company another week to make a $30.4 million interest payment.

Extension granted in CanWest debt talks

WINNIPEG, Manitoba, Feb. 28 (UPI) -- The Canadian media group Canwest Global Communications Corp. says it has been given a short extension to negotiate new terms for a key line of credit.

Canwest eliminating 560 jobs

TORONTO, Nov. 12 (UPI) -- Canada's Canwest Global Communications Corp. said Wednesday it is downsizing, eliminating about 560 jobs in an effort to save $61 million a year.

Canwest shares fall on deletion fears

TORONTO, Sept. 5 (UPI) -- Shares of Canwest Global Communications Corp. closed down more than 9 percent Friday after an analyst said it might be deleted from a benchmark stock index.

Peretz sells interest in New Republic

NEW YORK, Feb. 28 (UPI) -- Longtime New Republic Editor Martin Peretz has sold his share of the U.S. magazine to a Canadian publisher but will remain its editor in chief, he said.

Goldman joins bid for Alliance cable

TORONTO, Jan. 5 (UPI) -- A Canadian broadcaster that owns half the Canadian "CSI" crime-drama TV franchise confirmed Friday it was in talks with a potential buyer. Alliance Atlantic Communications Inc. of Toronto confirmed the talks after The Globe and Mail reported Goldman Sachs

CanWest sells stake in Irish TV network

WINNIPEG, Manitoba, May 19 (UPI) -- Europe's Doughty Hanson & Co. is paying $337 million to buy the owner of Ireland's TV3 television network.

CanWest buys four Turkish radio stations

WINNIPEG, Manitoba, April 14 (UPI) -- CanWest Global Communications Corp., Canada's biggest media company, said Friday it paid $61 million in cash to buy four Turkish radio stations.
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Lori Anne Madison, 6, competes in Scripps National Spelling Bee
View Caption
Lori Anne Madison, 6, of Woodbridge, Virginia, spells out the letters in her word as she competes during the opening round of the Scripps National Spelling Bee, May 30, 2012, in National Harbor, Maryland. Madison, the youngest known qualifier in the history of the contest, correctly spelled the word "dirigible*", a lighter-than-air aircraft, to advance. UPI/Mike Theiler