CanWest Global Communications Corp.

News and overview for CanWest Global Communications Corp.

Blue Rodeo Hitting the Concert Trail to Help Improve Literacy in Our Country [Press Release]
Business Wire | 5 days 15 hours 29 minutes ago
Canwest Global Communications Corp. is pleased to announce that renowned country-rockers Blue Rodeo are supporting Canadian literacy through the Canwest Raise-a-Reader Concert Series.


Canwest Limited Partnership and its senior lenders continue discussions relating to a potential financial restructuring [Press Release]
Business Wire | 13 days 21 hours 53 minutes ago
Canwest Global Communications Corp. (“Canwest”) announced today that its subsidiary, Canwest Limited Partnership (“Canwest LP”), and its lenders under its senior secured credit facilities, continue discussions regarding the framework for a potential financial restructuring.


Canwest Agrees with Ad Hoc Committee of 8% Senior Subordinated Noteholders to Extend Deadline for Filing a Recapitalization Plan [Press Release]
Business Wire | 18 days 11 hours 55 minutes ago
Canwest Global Communications Corp. (“Canwest” or the “Company”) announced today that Canwest and certain of its subsidiaries have agreed with members of the ad hoc committee of 8% senior subordinated noteholders (the “Ad Hoc Committee”) of Canwest Media Inc. to extend until November 30, 2009 the date by which the Company must file a consensual recapitalization plan with the Ontario Superior Court of Justice (the “Court”). The previously announced support agreement between Canwest and certain...


Canwest Successfully Obtains Approvals of Transition of National Post and Re-Alignment of Shared Services [Press Release]
Business Wire | 24 days 12 hours 14 minutes ago
Canwest Global Communications Corp. (“Canwest”) announced today that it has received approval and a vesting order from the Ontario Superior Court of Justice in respect of the transition of the business of the National Post to Canwest Publishing Inc. (“CPI”) through a newly incorporated, wholly-owned subsidiary of CPI, and the re-alignment of certain shared services between its subsidiaries Canwest Media Inc. (“CMI”) and Canwest Limited Partnership (“Canwest LP”).


Canwest Seeks Court Approval of Transition of National Post and Re-Alignment of Certain Shared Services [Press Release]
Business Wire | 27 days 8 hours 59 minutes ago
Canwest Global Communications Corp. (the “Company” or “Canwest”) announced today that an agreement has been reached between Canwest, Canwest Limited Partnership (“Canwest LP”) and Canwest Media Inc. (“CMI”) for the transition of the assets and business of the National Post to Canwest Publishing Inc. (“CPI”) through a newly-incorporated, wholly-owned subsidiary of CPI.


Goldman seeks more CanWest control
Globe and Mail (Toronto), The | 1 day 2 hours 9 minutes ago
Leonard Asper offers $15-million in restructuring financing


Canwest Recapitalization Transaction Milestone Extended [Press Release]
Business Wire | 38 days 22 hours 28 minutes ago
Canwest Global Communications Corp. (“Canwest”) announced today that its subsidiary, Canwest Media Inc. (“CMI”), has agreed with the members of the ad hoc committee of 8% senior subordinated noteholders of CMI pursuant to the terms of their Support Agreement to extend to October 22, 2009 the date by which CMI must enter into a definitive agreement with Canwest Limited Partnership in respect of the transfer of the business operated by the National Post.


Canwest receives notice of delisting from TSX effective November 13, 2009 [Press Release]
Business Wire | 39 days 23 hours 26 minutes ago
Canwest Global Communications Corp. (“Canwest”) announced today that it has received a letter from The Toronto Stock Exchange ("TSX") indicating that the Listings Committee of the TSX has determined to delist Canwest’s subordinate voting shares (TSX: CGS) and non-voting shares (TSX: CGS.A) effective at the close of market on November 13, 2009.


National Post Welcomes Kindle to Canada [Press Release]
Business Wire | 6 days 23 hours 6 minutes ago
Further to today’s announcement by Amazon.com, National Post, and soon all of Canwest’s big city daily newspapers, will be available on Kindle devices.


Mystery and Misery Surround Canada s Missing Women [Press Release]
Business Wire | 31 days 20 hours 49 minutes ago
They disappear from small towns and major cities, from native reserves to the suburbs, leaving behind devastated families, confounded investigators and gaping holes in their communities.


Canwest shares to list on TSX Venture Exchange
Canada.com | 10 days 13 hours 21 minutes ago
Shares in Canwest Global Communications Corp. will begin trading on the TSX Venture Exchange as of Monday.


Astral's specialty TV ambitions
Globe and Mail (Toronto), The | 23 hours 2 minutes ago
Astral Media Inc. makes no secret of its interest in acquiring the specialty television arm of CanWest Global Communications Corp. if the lucrative, 18-channel network comes up for sale.


Goldman acts to shield TV assets from Canwest filing
Canada.com | 21 days 8 hours 27 minutes ago
Goldman Sachs has launched a legal battle against Canwest Global Communications Corp. to shield their joint specialty-TV assets and protect the two firms' partnership from Canwest's creditor protection proceedings.


CanWest to list shares on TSX Venture
Globe and Mail (Toronto), The | 10 days 20 hours 58 minutes ago
Stock being delisted from Toronto Stock Exchange at the end of Friday's trading


CanWest-Goldman battle erupts
Globe and Mail (Toronto), The | 21 days 9 hours 5 minutes ago
U.S. investment bank tells court that media company's move to dissolve barriers around specialty channel joint venture is ‘abusive'





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Company Overview


Company: CanWest Global Communications Corp.
Industry: Television Cable, Pay & Broadcast Networks
Website: http://www.canwestglobal.com

This company controls media serving every point on the compass. CanWest Global Communications is the largest media conglomerate in Canada with operations including television, newspapers, and interactive media. The company operates TV network Global Television, along with a portfolio of specialty cable networks including HGTV Canada, the History Channel, and Showcase. CanWest's publishing operations are anchored by its flagship newspaper the National Post, along with such local papers as The Gazette (Montreal) and The Vancouver Sun. The company, which is controlled by the founding Asper family, filed for bankruptcy in 2009.


Key Numbers

Sales in U.S. Dollars (mil.) 2,955.3 (2008)
One-year % Growth in Sales 9.4 (2008)
Net Income in U.S. Dollars (mil.) -977.1 (2008)
One-year % Growth in Net Income 0.0 (2008)
Number of Employees 2,171 (2007)
One-year % Growth in Number of Employees -79.6 (2007)
Fiscal Year-End August