Posted on October 31, 2008 by billcarney
Yesterday’s CRTC decisions on a wide range of issues have focused on how over the air broadcasters (CTV, Global) can access cable funding. You can read about this in the Globe and Mail (or the National Post, if it were still publishing in western Canada, but I digress.) Way down in the backgrounder though, at point number three, is a plan to establish a fund for small (under one million) markets to improve the amount and quality of local news they provide, even going so far as to hire more reporters. Not only that, they are going to review local community cable channels to see if the same program can be extended to them. Now this is progress.
Stations must use these funds to increase their current expenditures on local programming, which should result in expanded news bureaus and more original local news stories.
CRTC, October 30 2008
Filed under: CRTC | Tagged: cable channels, more local news | Leave a comment »
Posted on October 30, 2008 by billcarney
The Monitor, generally admired for the quality of its journalism and writing, is planning to discontinue its daily publication next spring, to focus on the on-line edition. I wonder if this is the start of a trend, or just a local decision that affects only one publication.
Yahoo News, Oct. 28 2008
Filed under: Circulation | Tagged: Christian Science Monitor | Leave a comment »
Posted on October 28, 2008 by billcarney
The continuing decline of US newspaper readership, ad sales and circulation is hitting the venerable AP. About 100 members are threatening to resign. AP promises a plan of action, sometime, of some form, likely involving job loss. Things aren’t quite that severe north of the border, though CanWest pulled out of CP, to very little effect.
AP, 23 2008
Filed under: Circulation | Tagged: AP pressure | Leave a comment »
Posted on October 27, 2008 by billcarney
A media financial analyst from New York has an interesting solution to CanWest’s financial problems (its stock has fallen from $8 a share to less than $1): go private. Right now, CanWest is a publicly owned company (anyone can buy shares in it on the stock markets; taking it private would turn it back into a family company owned by the Aspers, accountable to no one except the Aspers, something Lord Black must look back on and regret not having done the same with Hollinger, but I digress.) Taking it private would mean no need to report to troublesome shareholders, and relieve it from the quarterly pressure to show progress every quarter. The analyst notes that the US and Canadian newspaper companies in trouble now are all public companies; the private ones are doing better.
Toronto Star, October 25 2008
Filed under: Newspapers | Tagged: privatizing CanWest | Leave a comment »
Posted on October 24, 2008 by billcarney
Masthead magazine, which follows Canada’s magazine industry, announced yesterday it is shutting down production after its Nov/Dec issue. Its website is also being shut down, both because the magazine has been losing money for several years, despite trying different business models to make it viable. Too bad; always a sad day when an independent media outlet goes down.
Masthead, October 2008
Filed under: magazines | Tagged: Masthead closure | Leave a comment »
Posted on October 24, 2008 by billcarney
A small (800 respondents) survey of North Americans show that among the items they would cut back on in a recession, the internet and cell phones are among their last choices (first is big ticket events like concerts, followed by movies and DVD rentals.) The survey argues that internet and cell phones are now entrenched among consumers the same way the heat and water are, as essentials, not frills that can be reduced during hard times.
Globe and Mail, October 23 2008
Filed under: MSM/NM | Tagged: cells, Internet | Leave a comment »
Posted on October 22, 2008 by billcarney
Well, I never heard of it myself, but it’s not a bad idea. Most of Canada’s mainstream media are controlled by a few companies. It’s long been argued that media monopolism is bad for society, providing less perspective and a narrow business-oriented point of view.
princanada.com, October 22, 2008
Filed under: media monopolism | Tagged: Media Democracy Day | Leave a comment »