14 Facts About Canwest

1.

Canwest entered bankruptcy protection in late 2009, leading to the sale of the company's assets.

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2.

Canwest previously owned broadcasting operations in Australia, New Zealand, the Republic of Ireland and Turkey.

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3.

Canwest bought controlling interest in Global, now using the callsign CIII-TV, in 1985, thus becoming the first western-based owner of a major Canadian broadcaster.

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4.

Canwest subsequently invested in or acquired other independent TV stations across Canada.

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5.

Canwest then set up CKMI rebroadcasters in Montreal and Sherbrooke.

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6.

Canwest bought broadcasting assets internationally, including outlets in New Zealand, the Republic of Ireland, and Australia, although all were eventually sold off.

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7.

In 1991, Canwest issued a successful initial public offering on the Toronto Stock Exchange.

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8.

Later that year, Canwest announced its acquisition of the Southam newspaper chain from Conrad Black, in order to pursue a media convergence strategy.

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9.

Canwest was initially slow to invest in specialty channels due to the strength of its terrestrial network.

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10.

Under the deal, Canwest took control of the broadcasting portion of AAC, although Goldman Sachs remained a major investor in those assets.

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11.

Canwest executives testified in the Canadian Radio-television and Telecommunications Commission hearings over fee-for-carriage, requesting that the commission force cable and satellite companies to pay for their signals without passing the fees on to their subscribers.

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12.

In May 2009, Canwest sold off four radio stations in Turkey to Spectrum Medya.

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13.

Canwest was often cited as an example of how the ownership of Canadian media has become concentrated in the hands of a few individuals and large corporations.

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14.

Canwest was one of the major campaign contributors to the BC Liberal party and gave regular column space to pundits from the Fraser Institute think tank.

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