Tuesday, July 21, 2009

Die, CanWest, Die!

So it looks like Canada's largest purveyor of fascist-minded diatribes is in considerable financial difficulty. Obviously, this isn't exactly a victory for any of their detractors, as much as it is vindication for those of us who thought that they couldn't support a crappy, ideologically-driven publication like the National Post forever.

Of course, the fact that some of its creditors might approve of the work CanWest is doing might be one reason why the company has managed to "stave them off" for so long. They don't want to see the country's main source of popular fiscal Konservatism go out of business.

It's not all roses, however; If CanWest is forced to sell off its assets, who will buy them? BCE? The only thing worse than a print and broadcast oligopoly is a print and broadcast monopoly.

Stumble Upon Toolbar

No comments: