The Canadian Journalism Project (J-source.ca) is a handy place for news specific to our dear northern country.
It’s generally a more optimistic place to go, which contributed to me being a bit cynical when I saw this post: Good News in Bad Times. I thought, they must really be stretching to talk about good news these days.
But they’re not. The post goes through the Canadian-specific “upsides” to the generally bad news out there.
- Commercial radio: revenues steady through 2008
- Magazines: mass circulation publications might be suffering, but some targeting magazines are actually booming
- Newspapers: community weeklies still doing well; many dailies still profitable (but tied to the sinking albatross of their debt-laden parent companies)
- Television: specialty channels doing well
- Canwest’s woes: going into bankruptcy and splitting the company could be good for journalism — “If bankruptcy eliminated a whack of long-term debt from Canwest properties, the newspapers and television stations would be making money.”
Today’s news (and it’s featured on J-source too) is the CBC bloodbath (800 layoffs). Not unexpected news. But not good news.
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