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A high-priced tea party


 

CanWest: Ouch. Best of luck, amid all the wheeling carnage, to Frances Bula, one of the country’s finest city-hall reporters, now clear of the blast radius.


 
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A high-priced tea party

  1. Share price is tanking, yes, but most publicly traded newspapers shares are tanking, nothing new here. One look at the financial statements says another story. With nearly 2.5 billion in revenue and a $500 million in earnings before tax and amortization indicate the company is doing fine.

  2. Good point about Ms. Bula. I think she set the standard by which all civic reporters should be judged – she did not go in for sensationalism, always meticulously got her facts straight and ould frequently do in depth work that was really illuminating. She is a great loss to the Sun.

  3. There’s tanking and there’s tanking. Torstar is at about $12; 1 year ago it was twice that. Canwest is at $2.35, and a year ago it was about three or four times that high. Moral: the further you take a Canadian publication to the political right, the more the bottom falls out. Is Kenneth Whyte listening?

  4. Moral: the further you take a Canadian publication to the political right, the more the bottom falls out. Is Kenneth Whyte listening?
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    Rogers owns Macleans. How does Macleans and Canwest even compare in this?

    If I may add, if anything macleans is the most centrist magazine(publication for that matter) in Canada under Ken Whyte.

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