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