3.13.2009

More on the CanWest Death March

Bill Stovin's blog posts what has been the gossip around the journalistic water cooler in Regina: the L-P (or at least CanWest Global, its owners) is too broke to bring in its usual seven student journalists at half-pay (the U of R pays the other half). They're not the only media outlet to suffer hard times, but after seeing the latest L-P TV Times that ran with only one ad (from Old Fashioned Foods, who should REALLY be advertising with prairie dog) in the whole thing, I just wonder how much longer the paper will go on. I still think that the paper is profitable -- at least for now, because it seems to me that Regina's business tendencies run about five years behind the rest of the world's -- but if it's going to survive in the long term, it's got to be run in a way that the management isn't beholden to a future shorter than the next business quarter, and believes that people read newspapers -- not just look at the ads.

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