CanWest-Shaw swap rejigs broadcast market

Article Abstract:

CanWest Global Communications Corp.'s C$950-million deal with Shaw Communications Inc. to swap radio and television stations created a restructuring of Canada's broadcast industry and also created the biggest national network. CanWest realizes its goal of becoming a national broadcaster after it purchased 11 stations from WIC Western International Communications Ltd., overtaking rival CTV of Baton Broadcasting Inc. CanWest predicts to achieve advertising revenue of C$646.8 million in 1998, while CTV projects revenue of C$554 million in 1999.

Comment:

C$950-million deal with CanWest to swap radio & television stations created a restructuring of Canada's broadcasting industry

Television Broadcasting, Radio & TV Broadcasting, Radio and Television Broadcasting, Television broadcasting industry, Shaw Communications Inc., Broadcasting industry, Broadcasting, CanWest Global Communications Corp., Article

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Strife could hurt CBC radio plan for third network

Article Abstract:

The Canadian Broadcasting Corp. is planning to launch a third national radio network in late 1999. However, the plans may be delayed because company executives are instead negotiating with union officals to prevent a two-union strike. The unions are asking for wage increases of 10%-15%, plus job-security guarantees and the removal of "multiskilling" contract clauses. The demands would involve an increase in payroll costs, derailing the company's expansion plans.

Radio Networks, Canadian Broadcasting Corp.

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Defiant rock musicians turn to technology

Article Abstract:

Montreal, Que.-based Seagram Company Ltd., which is led by president Edgar Bronfman Jr., may sue online music companies that violate copyrights of Seagram's Universal Music Group. Napster Inc. has been threatened with copyright infringment lawsuits by the music industry.

Prepackaged software, Software Publishers, Distilled and blended liquors, Liquor, Distilleries, Communication Software Pkgs, Patents & copyrights, Integrated Record Production/Distribution, Prerecorded records and tapes, Records & Tapes, Management, Computer software industry, Software industry, Alcoholic beverage industry, Intellectual property, Telecommunications software, Sound recording industry, Recording industry, Sound recordings, Napster Inc., Seagram Company Ltd., VO, Universal Music Group

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