Radio & Television

Canwest seeks credit lifeline says report

TORONTO – CanWest Global Communications CEO Leonard Asper is desperately trying to secure hundreds of millions in new credit in an attempt to shore up the ailing newspaper and television empire, reports the Globe and Mail. If he can’t, says the story, the company may slide into bankruptcy protection. And any new backers might insist that the Aspers step aside from the company founded by their father Izzy Asper. Click here for the full story.