Tom Jeffries wrote:Simple. NO MONEY. NO ADS.
The shareholders are going to be really unhappy, unless they get their pound of flesh.
It is so tight, they are literally chopping the company down and throwing it on the fire.
retireddxer wrote:With the moving of assets between Corus and Shaw, Corus has suddenly become the poster child for a great place to put retirement dollars, even for someone like me who is already retired. 8.7% dividend and one of my bank's top recommended stocks expected to hit $16 sometime in the next year. I'm hoping to pick some up if it dips to $13.
REVOLVING DOOR: Corus Entertainment made a number of changes to its radio and TV properties this week in an “internal reorganization” meant, said a spokesperson, to eliminate “duplicate costs, capture operating efficiencies and create the structure that will enable future growth”. While we have confirmed some of the people affected by job loss, Corus would not confirm overall numbers. Here is a listing of those who we know are gone:
Ron Eberle, the sales manager at Global Okanagan. With 33 years in the business, Eberle’s career stops included CHCH-TV Hamilton, CHEK-TV Victoria and Shaw Cable Victoria. He began at Global Okanagan in Feb. 2013...
Johnny Mah, the promotions coordinator at Corus Radio Vancouver. It his second job loss in two years. In August 2014, Mah, with CTV Vancouver for seven years as promotions coordinator and publicity, was laid off.
Other job losses in Vancouver include 980 CKNW/AM 730 morning show traffic announcer Jennifer Thomson and people in sales and interactive...
CJOB Winnipeg PD/ND Scott Pettigrew and Corus veteran account manager John Norris. Pettigrew moved to Winnipeg as PD/ND of CJOB in Sept. 2012, after a 26-year career with AM920 CKNX Wingham. Brent Williamson, the station manager/ND at Global Winnipeg, takes over some of Pettigrew's duties...
Corus cancelled Global Television’s 16X9 investigative weekly news show while also releasing The Morning Show co-host Liza Fromer. Morning co-host Jeff McArthur stays, as does news anchor Carolyn MacKenzie and weather reporter Liem Vu. 16X9 host Carolyn Jarvis becomes the chief investigative correspondent for a new unit that will work across all platforms...
Howaboutthat wrote:Word is that Global BC news boss Jill Krop is now overseeing the CKNW newsroom as well. There's convergence for ya.
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