July 13, 2006

July 13, 2006: Media concentration ...

Political heaven for the left? ... and "a political headache for the minority Conservative government"

Bell Globemedia buys CHUM Ltd. -- $1.7B deal spurs talk of further media mergers Barbara Shecter; with files from Peter Koven, Theresa Tedesco and Sean Silcoff, National Post, July 13, 2006

TORONTO - CHUM Ltd., the home of ground-breaking television station Citytv, is being swallowed up in a $1.7-billion deal by Bell Globemedia, the owner of the CTV television network, specialty channels TSN and Discovery, and The Globe and Mail newspaper.

Analysts said the deal will be a catalyst for more consolidation in the media industry, as smaller players beef up to compete with the Bell Globemedia giant. [....]

Search: Canadian Radio-television and Telecommunications Commission and the federal Competition Bureau

Where do the interests of consumers fit in? How will propaganda for a favoured political party fit into this? The fewer the owners ... the more those who want to keep their jobs will self-censor what they write, particularly in politics.

Incidentally, has anyone looked at media control and the Irvings lately?


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