|
CanWest Broadcasting
Canwest Global Communications Corporation, which operated under the corporate name Canwest, was a major Canadian media conglomerate based in Winnipeg, Manitoba, with its head offices at Canwest Place (now called 201 Portage). It held radio, television broadcasting, and publishing assets in several countries, primarily in Canada. Canwest was founded in 1974 by Izzy Asper through the formation of CIII-TV in Toronto under the Global Television Network. The company expanded through the 1980s and 1990s, with the initial public offering in 1991 as a publicly traded corporation and the international expansion of its operations in Ireland, Australia, New Zealand, United Kingdom and Turkey. Throughout the years, under Leonard Asper, who became its president and CEO in 1999, Canwest grew into a major media powerhouse by acquiring media properties such as Western International Communications and the Southam newspaper publishing. In 2007, with Goldman Sachs, Canwest acquired the broadcasti ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Public Company
A public company is a company whose ownership is organized via shares of share capital, stock which are intended to be freely traded on a stock exchange or in over-the-counter (finance), over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listing (finance), listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states and so have associations and formal designations, which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation, though a corporation need not be a public company. In the United Kin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Radio
Radio is the technology of communicating using radio waves. Radio waves are electromagnetic waves of frequency between 3 hertz (Hz) and 300 gigahertz (GHz). They are generated by an electronic device called a transmitter connected to an antenna which radiates the waves. They can be received by other antennas connected to a radio receiver; this is the fundamental principle of radio communication. In addition to communication, radio is used for radar, radio navigation, remote control, remote sensing, and other applications. In radio communication, used in radio and television broadcasting, cell phones, two-way radios, wireless networking, and satellite communication, among numerous other uses, radio waves are used to carry information across space from a transmitter to a receiver, by modulating the radio signal (impressing an information signal on the radio wave by varying some aspect of the wave) in the transmitter. In radar, used to locate and track ob ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Companies' Creditors Arrangement Act
The ''Companies' Creditors Arrangement Act'' (CCAA; ) is a statute of the Parliament of Canada that allows insolvent corporations owing their creditors in excess of $5 million to restructure their businesses and financial affairs. The CCAA within the Canadian insolvency regime In 1990, the British Columbia Court of Appeal discussed the background behind the introduction of the CCAA in one of its rulings: The Supreme Court of Canada did not have a chance to explain the nature of the CCAA until the groundbreaking case of '' Century Services Inc. v. Canada (Attorney General)'' in 2010. In that case, the Court gave a detailed explanation of the nature of insolvency law in Canada. The '' Bankruptcy and Insolvency Act'' (BIA) provides a more rules-based approach for resolving a corporate debtor's insolvency, which must be observed strictly. The CCAA, on the other hand, provides a more discretionary approach that is remedial in nature, which therefore must be broadly construed. Al ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Great Recession
The Great Recession was a period of market decline in economies around the world that occurred from late 2007 to mid-2009.“US Business Cycle Expansions and Contractions” United States NBER, or National Bureau of Economic Research, updated March 14, 2023. This government agency dates the Great Recession as starting in December 2007 and bottoming-out in June 2009. The scale and timing of the recession varied from country to country (see map). At the time, the International Monetary Fund (IMF) concluded that it was the most severe economic and financial meltdown since the Great Depression. The causes of the Great Recession include a combination of vulnerabilities that developed in the financial system ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Alliance Atlantis
Alliance Atlantis Communications Inc. (commonly known as Alliance Atlantis) was a Canadian media company that operated primarily as a specialty service operator in Canada. Alliance Atlantis also had offices in Halifax, Nova Scotia, Halifax, Los Angeles, London, Dublin, Madrid, Barcelona, Shannon, County Clare, Shannon, and Sydney. Alliance Atlantis was the result of a merger of two companies: Atlantis Communications, founded in 1978 by Michael MacMillan, Janice L. Platt and Seaton S. MacLean, and Alliance Films, Alliance Communications, founded in 1984 by Stephen Roth, Denis Héroux, John Kemeny (film producer), John Kemeny, Robert Lantos, Andras Hamori and Susan Cavan as Alliance Entertainment. Alliance Communications and Atlantis Communications merged to form Alliance Atlantis in 1998 which was a member of the North American Broadcasting Association (NABA). The company ceased to exist in 2007 as the broadcasting division was acquired by Canwest, Canwest Global Communications a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Goldman Sachs
The Goldman Sachs Group, Inc. ( ) is an American multinational investment bank and financial services company. Founded in 1869, Goldman Sachs is headquartered in Lower Manhattan in New York City, with regional headquarters in many international financial centers. Goldman Sachs is the second-largest investment bank in the world by revenue and is ranked 55th on the ''Fortune'' 500 list of the largest United States corporations by total revenue. In the Forbes Global 2000 of 2024, Goldman Sachs ranked 23rd. It is considered a systemically important financial institution by the Financial Stability Board. Goldman Sachs offers services in investment banking (advisory for mergers and acquisitions and restructuring), securities underwriting, prime brokerage, asset management, and wealth management. It is a market maker for many types of financial products and provides clearing and custodian bank services. It operates private-equity funds and hedge funds. It structures complex and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Postmedia News
Postmedia Network Canada Corp. (also known as Postmedia Network, Postmedia News or Postmedia) is an American-owned Canadian-based media conglomerate consisting of the publishing properties of the former Canwest, with primary operations in English-language newspaper publishing, news gathering and Internet operations. It is best known for being the owner of the ''National Post'' and the '' Financial Post''. It owns and operates over more than 130 print and digital news titles across Canada. The company's strategy has seen its publications invest greater resources in digital news gathering and distribution, including expanded websites and digital news apps for smartphones and tablets."Postmedia revamps Ottawa Citizen's digital service" . |
Western International Communications
WIC Western International Communications Ltd. (or WIC) was a Canadian media company that operated from 1982 to 2000, with operations including broadcast and specialty television, radio, and satellite distribution via a majority interest in Canadian Satellite Communications (or Cancom). The company itself was acquired by CanWest Global Communications, which kept most of WIC's broadcast television stations and a variety of related television production assets. As a result of a takeover battle leading up to the acquisition, Shaw Communications assumed WIC's interest in Cancom, while a separate company owned by the same Shaw family, Corus Entertainment, acquired various radio stations and specialty services. A handful of assets would be acquired by other companies for competitive reasons. With the sale of Canwest's broadcasting assets to Shaw a decade later, the Shaw family at that point controlled almost all of the assets of the former WIC – through either Shaw or Corus – ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Leonard Asper
Leonard Asper (born May 31, 1964) is a Canadian businessperson, entrepreneur and lawyer. He was president and CEO of Canwest from 1999 through its bankruptcy in 2010. He would later establish Anthem Sports & Entertainment (initially Anthem Media Group) which owns television specialty channels and has interests in combat sports and film distribution. Family and education Leonard Asper is the son of the late Izzy Asper, founder of CanWest Global Communications Corp. He is the younger brother of Gail Asper and David Asper. He is a graduate of Brandeis University and the University of Toronto Law School, and is a member of the Ontario Bar Association and The Law Society of Upper Canada. Career Canwest Asper began his career in 1991 as Associate General Counsel at Canwest's Global Television Network. In 1994, Asper took over the role of corporate development for Canwest. [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Initial Public Offering
An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investment banks, who also arrange for the shares to be listed on one or more stock exchanges. Through this process, colloquially known as ''floating'', or ''going public'', a privately held company is transformed into a public company. Initial public offerings can be used to raise new equity capital for companies, to monetize the investments of private shareholders such as company founders or private equity investors, and to enable easy trading of existing holdings or future capital raising by becoming publicly traded. After the IPO, shares are traded freely in the open market at what is known as the free float. Stock exchanges stipulate a minimum free float both in absolute terms (the total value as determined by the share price multiplied ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Global Television Network
The Global Television Network (more commonly called Global, or occasionally Global TV) is a Television in Canada, Canadian English language, English-language terrestrial television, terrestrial television network. It is currently Canada's second most-watched private terrestrial television network after CTV Television Network, CTV, and has fifteen owned-and-operated stations throughout the country. Global is owned by Corus Entertainment — the media holdings of JR Shaw and other members of his family. Global has its origins in a CIII-DT, regional television station of the same name, serving Southern Ontario, which launched in 1974. The Ontario station was soon purchased by the now-defunct Canwest, CanWest Global Communications, and that company gradually expanded its national reach in the subsequent decades through both acquisitions and new station launches, building up a quasi-network of independent stations, known as the CanWest Global System, until the stations were unifie ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Toronto
Toronto ( , locally pronounced or ) is the List of the largest municipalities in Canada by population, most populous city in Canada. It is the capital city of the Provinces and territories of Canada, Canadian province of Ontario. With a population of 2,794,356 in 2021, it is the List of North American cities by population, fourth-most populous city in North America. The city is the anchor of the Golden Horseshoe, an urban agglomeration of 9,765,188 people (as of 2021) surrounding the western end of Lake Ontario, while the Greater Toronto Area proper had a 2021 population of 6,712,341. As of 2024, the census metropolitan area had an estimated population of 7,106,379. Toronto is an international centre of business, finance, arts, sports, and culture, and is recognized as one of the most multiculturalism, multicultural and cosmopolitanism, cosmopolitan cities in the world. Indigenous peoples in Canada, Indigenous peoples have travelled through and inhabited the Toronto area, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
