This latter case hits close to home, as the stations are operated under the 'A' banner, as is the London affiliate. I spend a lot of time at the London studio, as I do most of my BNN and CTV interviews out of this facility and, more locally, am a regular guest on the 'A' Morning show. I've worked with so many people in media, and I can honestly say that the folks here are like a family, endlessly kind and generous.
I was scheduled to do an interview with BNN yesterday afternoon, the day the news of the closings hit. Everyone knew more layoffs in London were coming, but they focused on their roles and did what they needed to do to get the job done. I wanted to do something to lift the spirit of this quiet, sombre place, but in the end all I could do was offer my empathy and briefly chat about possibilities before we all headed back to our respective jobs. I still feel a pit in the bottom of my stomach, and I hope none of my local television friends are affected by this latest wave in a seemingly endless stream of them.
Further afield, Canwest is holding on by its fingernails. Today's deadline to refinance a chunk of its massive debt came and went - and when the day was done, creditors gave the company until March 11th to repay a chunk of its massive debt (link). For now, Canwest is spinning off assets as fast as it possibly can and scrambling for additional investment. This is ugly, and I've been approached by a range of media to help make sense of it all. Here's a taste of some of what I've been up to media-wise:
- CBC Radio's As It Happens with Carole Off, aired Tue. Feb. 24
- CBC Radio Ottawa's All In A Day with Adrian Harewood, aired Fri. Feb. 27 (show link)
- Business News Network - Report by Mark Bunting, aired Fri. Feb. 27
- Canadian Press - Canwest specialty cable channels next, published Wed. Feb. 25. Byline David Friend
This just in: If you've arrived via CNN.COM, welcome! Hope you'll hang around for a bit and drop us a line in a comment. Are you as concerned about the future of conventional media south of the border as we are north of it?