Radio & Television

DBRS sounds alarm on CanWest

TORONTO – Citing serious debt concerns, Dominion Bond Rating Service placed its ratings of CanWest MediaWorks "under review with negative implications" yesterday, "(D)ue to weakness in more of the company’s operating segments, which may lead to a breach in the company’s financial covenants under its senior secured bank facilities in the upcoming quarter and year-end (August 31, 2006)," the ratings service said CanWest's BB rating may not hold. DBRS is concerned CanWest could default on certain of its bank covenants by as early as the end of its fiscal year, August 31, 2006, but believes the company will be able...
 

Our industry and COVID-19

We've gathered a number of links where Canadian cable, radio, television, telecom and wireless companies have posted their responses to the Covid-19 pandemic.