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Canwest

Creditors Buy Canada’s Largest Newspaper Publisher For $1.1 Billion

May 10, 2010 7:45 PM

A group of creditors has purchased Canada’s largest newspaper publisher for $1.1 billion. The group is buying Canwest Limited Partners, which includes the National Post along with nine other dailies and 26 community newspapers. Canwest had filed for bankruptcy protection last fall; its TV operations were sold last week to…

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Posted In: Media & Publishing, Newspapers, Money, Bankruptcy, Countries, Canada, canwest, canwest limited partners

Earnings
Earnings: Canwest Loss Widens Significantly

Apr 9, 2009 9:16 AM

While the Canadian newspaper industry hasn’t been struggling as much as it has in the U.S., CanWest, Canada’s largest newspaper publisher, has nevertheless found itself facing a set of troubles equal to its counterparts on the other side of the border. The Winnipeg, Manitoba-based media company posted a significantly wider…

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Posted In: Media & Publishing, Newspapers, TV, Money, Earnings, Countries, Canada, canwest

CanWest Teeters On Default; A Reorg—And Asper’s Loss Of Control—Increasingly Likely

Feb 27, 2009 9:33 AM

CanWest, Canada’s largest newspaper publisher, is facing possible default on $300 million (Canadian; $241 million USD) unless it can get its lenders to relax the terms on a debt payment due today, NYT reports. If it can’t, the Winnipeg, Manitoba-based company, which also owns the Global Television Network and reaches…

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Posted In: Media & Publishing, Newspapers, Countries, Canada, canwest

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