Media Industry News

COURTENAY, B.C. — The president of the company buying 21 B.C. radio stations from Bell Media says there won't be any closures or layoffs, despite concerns from B.C. Premier David Eby about the sale.

Bell Media is ending multiple television newscasts and making other programming cuts after its parent company announced widespread layoffs and the sale of 45 of its 103 regional radio stations.

CTV's long-running flagship investigative series "W5" will cease to exist in its current form after parent company BCE Inc. announced widespread layoffs.

OTTAWA — As Bell Media blamed regulators and policymakers for its decision to announce a fresh round of layoffs Thursday, federal and provincial politicians accused the company of unnecessarily killing off local journalism.

TORONTO — The parent company of Bell Canada announced it is slashing nine per cent of its workforce and could further scale back network spending as it remains at loggerheads with the CRTC over what it calls "predetermined" regulatory direction.

TORONTO — Thomson Reuters Corp. raised its dividend by 10 per cent as it reported its fourth-quarter profit more than tripled compared with a year earlier and its revenue also climbed higher.

MONTREAL — BCE Inc. is cutting nine per cent of its workforce and making sweeping changes at its media division, including the sale of 45 of its 103 regional radio stations.

OTTAWA — Representatives from Big Tech companies say a Liberal government bill that would begin regulating some artificial intelligence systems is too vague.

WINNIPEG — Canada's public broadcaster promises to increase Indigenous staffing and promote Indigenous languages in its content as part of a sweeping new strategy.

PRINCE GEORGE, B.C. — A former councillor in Prince George has purchased the city's only newspaper after watching multiple outlets in other British Columbia Interior communities shut down last year.