{"id":158064,"date":"2010-01-09T09:32:45","date_gmt":"2010-01-09T14:32:45","guid":{"rendered":"http:\/\/kempton.wordpress.com\/?p=8921"},"modified":"2010-01-09T09:32:45","modified_gmt":"2010-01-09T14:32:45","slug":"scotiabank-canada%e2%80%99s-biggest-publisher","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/158064","title":{"rendered":"Scotiabank: Canada\u2019s biggest publisher"},"content":{"rendered":"
<\/p>\n

Andy Willis at G&M has this interesting\u00a0observation<\/a> (emphasis added),<\/p>\n

\n

Call them the accidental publishers: Bank of Nova Scotia is now the largest owner of newspapers in Canada, and seems likely to hold that unintended role for some time.<\/strong><\/p>\n

Lenders took control of CanWest L.P. on Friday, a long-expected move at the debt-heavy chain, as the company filed for protection from creditors. […]<\/p>\n

Scotiabank and the rest of CanWest LP\u2019s lenders, and executives at the newspaper chain, see keeping the papers together as the best way to maximize value for the company.<\/strong><\/p>\n

The most likely future for CanWest LP is as an independent, pure-play newspaper company, with lenders cashing in by staging an initial public offering the moment the market seems receptive.<\/p>\n<\/blockquote>\n

P.S.<\/strong> Ah, it financially sucks to run newspapers in their traditional forms these days. Now, running them as an online news source plus mini video TV stations may be an interesting play.<\/p>\n

The old joke of people can’t tell if you are a dog or a human online applies to newspaper. Online, people can’t tell if you are a TV news website or a newspaper website as both can play videos and report on information live!<\/p>\n

Posted in Calgary, Canada, Economics \"\"<\/a> \"\"<\/a> \"\"<\/a> \"\"<\/a> \"\"<\/a> \"\"<\/div>\n","protected":false},"excerpt":{"rendered":"

Andy Willis at G&M has this interesting\u00a0observation (emphasis added), Call them the accidental publishers: Bank of Nova Scotia is now the largest owner of newspapers in Canada, and seems likely to hold that unintended role for some time. Lenders took control of CanWest L.P. on Friday, a long-expected move at the debt-heavy chain, as the […]<\/p>\n","protected":false},"author":841,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-158064","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/158064","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/841"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=158064"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/158064\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=158064"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=158064"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=158064"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}