Yet another Canadian community newspaper chain is going to court under our bankruptcy laws, but again it has nothing to do with it going out of business. As Marc Edge details, this time, it is more a legal power play to force its sale to largely American interests over the objections of its minority owner.
Castanet Media hits 23 years young today - Kelowna News castanet.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from castanet.net Daily Mail and Mail on Sunday newspapers.
Local ownership of newspapers was the first thing to go in their sell-off to first absentee corporate ownership and now foreign hedge funds. Canada’s news media are imploding thanks in large part to government blundering. When we start picking up the pieces, going back to the beginning with community ownership of our press might be the best idea.
Glacier Media to sell JWN Energy information unit to Geologic pehub.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from pehub.com Daily Mail and Mail on Sunday newspapers.