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Corus Entertainment purchases Shaw media for $2.65 billion


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#21 AllseeingEye

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Posted 26 April 2017 - 06:54 PM

I assume people wanted to ditch their antennas because Victoria has poor line-of-sight and poor airwave reception?


I remember that! It would just pan back and forth all day. Channel 10 I assume.

Yup, it kicked in once they shut down broadcasting for the day from M-F, and on weekends when there no programs were scheduled. Back and forth, back and forth rinse, repeat......of course no matter what dial or metric you wanted, usually the temperature if it was summer, whenever you tuned in "naturally" the mirror / image of that dial had just disappeared off screen so you had to sit there for 45 seconds to a minute until the mirror finally rotated and displayed that dial again....

 

It was quite the technological leap when they finally retired the old dears and replaced them with an early-days computer-generated graphic (in color!) - the "big leap" being you could graphically see all on one screen time/temps/ wind direction/barometric pressure - ***with the added bonus!!!*** - that it also included the Environment Canada weather forecast, which of course was just as inaccurate then as today :)



#22 Victoria Watcher

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Posted 02 March 2023 - 04:11 PM

Global News journalists cut in layoffs at Corus

 

https://dailyhive.co...t-layoffs-corus



#23 Victoria Watcher

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Posted 02 March 2023 - 04:57 PM

Global News journalists cut in layoffs at Corus

 

https://dailyhive.co...t-layoffs-corus

 

 

 

Rachel Gilmore is one that has been fired.   Which some people will enjoy.

 

Thanks, truckers.


Edited by Victoria Watcher, 02 March 2023 - 05:03 PM.


#24 todd

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Posted 02 March 2023 - 05:21 PM

It’s OK to be a nerd or something but it’s not OK to be a dork



DEB06C45-B573-41B8-B82D-550FC8295220.jpeg







AC6BE910-FD80-4B74-9DCF-877787B11E1B.jpeg

#25 AllseeingEye

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Posted 02 March 2023 - 06:36 PM

Ever since Canwest Global went belly up and was subsumed by Corus in 2016 the latter has been systematically hacking and whacking away at Global News; my Vancouver radio pals were never happy with their Corus master when it became the dominant player in the BC market radio biz, and as long as Global TV advertising revenues continue to decline - the company's news and radio businesses are 100 per cent dependent on ad revenue - these periodic and continuous layoffs inevitably will as well.



#26 Victoria Watcher

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Posted 02 March 2023 - 06:45 PM

Rachel Gilmore is one that has been fired. Which some people will enjoy.

Thanks, truckers.


Gilmore has a long track record of being dishonest with the Canadian people. Gilmore spread lies about James Topp, a matter for which she is being sued for. She spread misinformation on Elon Musk back in October.

The Global News journalist was responsible for doxxing an Indigenous woman and directing harassment towards her, as reported by the National Telegraph.



https://www.toronto9...ht-lying-again/




Some might call her the Taylor Lorenz of Canadian media.

Edited by Victoria Watcher, 02 March 2023 - 06:46 PM.


#27 Nparker

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Posted 02 March 2023 - 06:50 PM

I haven't consumed any mainstream news media in 3 years. I don't miss it at all.



#28 todd

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Posted 02 March 2023 - 06:52 PM

Gilmore has a long track record of being

Dork in disguise.


Global is better than, CTV or CBC

Edited by todd, 02 March 2023 - 06:54 PM.


#29 Victoria Watcher

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Posted 19 June 2024 - 01:29 AM

Corus shares may be worth 'zero' after Rogers-Warner deal, TD says

 

 

Could lose Canadian rights to programming on five key channels, including HGTV and Food Network

 

https://financialpos...er-deal-td-says



#30 UDeMan

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Posted 26 June 2024 - 09:25 PM

Looks like Corus has shut down 730 am in Vancouver.

I remember the old days of listening to LG73.

https://www.pugetsou...es-off-the-air/

Edited by UDeMan, 26 June 2024 - 09:30 PM.

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#31 Victoria Watcher

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Posted 26 June 2024 - 09:32 PM

Indeed, I can stil hear the jingle right before the news... "LG . . . seventy three!"

 

YouTube AUDIO:

 

https://youtu.be/N6I...2eH-sSz0czhIdHN

 

More jingles:

 

https://vimeo.com/94868047

 

1979 disco jingle:

 

https://soundcloud.c...79-disco-jingle


Edited by Victoria Watcher, 26 June 2024 - 09:40 PM.

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#32 AllseeingEye

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Posted 15 July 2024 - 06:04 AM

Corus reporting a disasterous loss of over $770m in the third quarter with ad sales down sharply, neither of which is surprising. At what point do they go dark permanently? The model is broken, I feel sorry for those left behind after round after round after endless round of layoffs. Time to get out folks before you're pushed......


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#33 Victoria Watcher

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Posted 15 July 2024 - 06:08 AM

Corus reporting a disasterous loss of over $770m in the third quarter with ad sales down sharply, neither of which is surprising. At what point do they go dark permanently? The model is broken, I feel sorry for those left behind after round after round after endless round of layoffs. Time to get out folks before you're pushed......

 

 

 

Corus Entertainment Inc.  reported a loss attributable to shareholders of $769.9-million in its latest quarter compared with a loss of $495.1-million a year earlier as its revenue fell 16 per cent.
 
The television and radio broadcaster says the loss amounted to $3.86 per diluted share for the quarter ended May 31 compared with a loss of $2.48 per diluted share in the same quarter last year.
 
Revenue in what was the company’s third quarter totalled $331.8-million, down from $397.3-million a year earlier.
 
The drop came as television revenue in the quarter fell to $308.2-million compared with $371.2-million last year, while radio revenue slipped to $23.6-million compared with $26.2-million a year earlier.
 
 
 

Edited by Victoria Watcher, 15 July 2024 - 06:09 AM.


#34 AllseeingEye

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Posted 15 July 2024 - 06:42 AM

Corus got utterly kneecapped by Rogers' announcement in June that it had signed a deal with Warner Bros., Discovery and NBCUniversal to become the Canadian home to Warner’s lifestyle brands as of January, and NBC’s Bravo as of September.

 

A complete list of brands wasn’t included in the announcement, but Corus confirmed later these brands for certain are affected:

  • HGTV
  • Food Network
  • Cooking Channel
  • Magnolia Network
  • OWN

This will likely mean the channels we know as HGTV, Food Network and Cooking Channel will rebrand as of next January and while some Canadian content will (probably) remain the same, the U.S. shows associated with them will move to Rogers-owned channels - cutting Corus out altogether.

 

Corus blamed the change on what they termed the “....inequitable structural relationships in the Canadian media and telecom industries, particularly affecting independent broadcasters like Corus.” IOW, since Rogers bought Shaw - whose family still owns Corus - Rogers has deeper pockets and more power to acquire these kinds of rights. Meanwhile Corus, which no longer has the deep pockets of a cable giant, has to get by as an Independent.

 

These changes could be potentially fatal for Corus. If it loses its audience to the same brands it and its predecessors have spent decades building, the loss of subscription and ad revenue could not only devastate Corus’s lifestyle brands, but the Global News network as well. Corus is still waiting for the CRTC to authorize Global to access the Independent Local News Fund, since Rogers took away its cross-subsidy funding from Shaw to redirect it to its own CityTV stations. Media concentration and lack of competition.....ain't it grand?



#35 Victoria Watcher

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Posted 15 July 2024 - 10:11 PM

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

 

Company plans to cut about 300 more jobs by the end of August

 

https://www.cbc.ca/n...sults-1.7263649


Edited by Victoria Watcher, 15 July 2024 - 10:11 PM.


#36 Mike P.

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Posted 18 July 2024 - 06:57 PM

Shaw family sold Shaw to Rogers, Shaw family owned Corus Entertainment sinks because of Rogers? mmm


Edited by Mike P., 18 July 2024 - 06:57 PM.


#37 Victoria Watcher

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Posted 18 July 2024 - 07:57 PM

Job cuts at Global Okanagan part of "reimagined" broadcast schedule

 

 

In a leaked memo shared with Daily Hive, Ward Smith, senior vice president at the Canadian news organization, said the Kelowna changes are part of Corus’s new focus, which has also involved two Ontario news broadcasts.

 

“In the News division, we have reimagined our broadcast schedule in Kingston, Peterborough, and Kelowna with a focus on supper hour and late-night weekday news programming. Global News will continue to produce provincial, national, and international news coverage in these markets during weekends on television and our news streaming channels,” Smith said in an email this week.

 

__________________

 

 

The number of job losses caused by the changes is not completely clear, but sources tell Daily Hive it is more than 20.

 

https://dailyhive.co...gan-bc-job-cuts


Edited by Victoria Watcher, 18 July 2024 - 07:58 PM.


#38 Mike P.

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Posted 19 July 2024 - 05:49 PM

Did they get federal subsidies like Bell did before they laid off thousands of employees?


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#39 Victoria Watcher

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Posted 19 July 2024 - 06:02 PM

Our system is a joke.

Our whole country is a joke.

So lame.

#40 Victoria Watcher

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Posted 20 August 2024 - 11:03 PM

screenshot-broadcastdialogue.com-2024.08.21-03_02_20.png

 

https://broadcastdia...-going-forward/

 

 

 

 

As of Monday, the show is airing at a new time at 5:30 p.m., 6:30 p.m. and 11 p.m., with veteran announcer Coleen Christie anchoring from Global BC’s studios in Burnaby. Christie also anchors for Global’s 24-hour news channel in British Columbia, BC1.

 

CHBC-TV first signed on the air on Sept. 21, 1957, originally operating as a CBC affiliate. The station was sold to Canwest in 2000 as part of the split of WIC (Western International Communications) assets between Canwest, Corus Radio and Shaw Communications. It was converted to a Global station in 2009.

 

According to Unifor, which represents Global News employees, there were 16 new layoffs last week, 12 of those in Western Canada. About half of those were journalists, with the others in editing, technical and librarian positions as Corus Entertainment looks to complete a workforce reduction of 800 positions or 25% of full-time staff by the end of August.

 

Unifor said the loss of unionized positions across Corus, Bell, Rogers, and TFO television stations just this year now amounts to more than 318 jobs.


Edited by Victoria Watcher, 20 August 2024 - 11:04 PM.


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