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Canwest

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Canwest Global Communications logo
Canwest Global Communications logo

CanWest Global Communications Corp. TSXCGS.SV TSXCGS.NV NYSECWG is Canada's largest international media company. The company's head office is situated in Winnipeg, Manitoba.

Operations

See also: List of assets owned by CanWest Global Communications

CanWest MediaWorks is the company's Canadian operating unit. It consists of:

In New Zealand, CanWest MediaWorks NZ owns TV3, C4, and a number of radio networks and stations. CanWest also has significant interests in The Ten Group, parent of Australia's Network Ten, as well as the Republic of Ireland's TV3. For a long time it owned a minority interest in Ulster Television, the ITV1 franchise in Northern Ireland, however it was sold to various investors in 2004, CanWest having had little influence with the company.

Corporate governance

Board of directors

Current members of the board of directors of the company are: David Drybrough, Leonard Asper, David Asper, Gail Asper, Lloyd Barber, Derek Burney, Robert Daniels, Paul Godfrey, Frank King, and Lisa Pankratz.

Former members of the board of directors of the company include: Izzy Asper and Frank McKenna.

Concentration of power

CanWest is often cited as an example of how the ownership of Canadian media has become concentrated in the hands of a few individuals and large corporations. CanWest founder Izzy Asper was known as a strong supporter of both Canada's Liberal Party and Israel's right-wing Likud party. Observers have suggested that Asper's political views have had a significant impact on news coverage at CanWest media outlets. For example, in 2002, Ottawa Citizen publisher Russell Mills was fired by CanWest after the paper published a series of articles exposing a financial scandal involving then prime minister Jean Chrétien.

CanWest power in the marketplace is reflected in a new contract that freelance contributors must sign. Until recently, standard industry practise was that freelancers sold the rights for one time use and only in Canada. CanWest now requires that freelancers sign over all rights "throughout the universe in perpetuity".

Editorial controversies

Since the 2000 acquisition of the major former Canadian newspaper holdings of Conrad Black's Hollinger International, including CanWest News Service, significant concerns have been raised by journalists, labour, legislators and commentators about CanWest's enforcement of its corporate editorial positions. A 2001 decision to run regular uniform national editorials in all metropolitan dailies (except National Post), whereby local editorial boards could not take local positions on subjects of national editorials, ignited major national controversy and was subsequently withdrawn.

Conflict over CanWest editorial control and policy has focused in particular on three issues: