Radio / Television News

CanWest endures disappointing quarter, CEO renews call for reg relief

WINNIPEG – After reporting a consolidated net loss of $19 million for the second quarter of fiscal 2006 (way off the $28 million earned during the same time last year), CanWest Global Communications CEO Leonard Asper renewed his persistent calls for a regulatory overhaul. Asper said he was pleased to read that the CRTC is considering a review of its television policy. "More and more, the CRTC is taking a market-driven approach, so we do think there will be a rebalancing of the television system, allowing conventional television stations to have the same revenue opportunities as other television channels."Asper has...