Radio / Television News

COMMENTARY: Economic downturn shouldn’t let broadcasters out of local news obligations

TWO OF CANADA’S BIGGEST media conglomerates have announced cuts as fallout from the bursting financial bubble spreads. Last week, Canwest announced it was cutting 560 jobs in its TV and newspaper operations; this week, CTVglobemedia warned of looming layoffs. The economic crisis makes the announcements seem reasonable and prudent, but the cuts are unfortunately part of a longer trend. Why invest in local programming and reporting when the real money is in newspaper monopolies, cable specialty channels and prime-time simulcasting of American hit shows? In the midst of the debacle, the CRTC – which approved media mergers as the bubble...