Media Industry News

OTTAWA — As Canada's public broadcaster projects a budget shortfall, and with Conservatives threatening to defund it if they win the next election, its top executive says the way it's funded needs to dramatically change.

The chief executive of Rogers Communications Inc. dismissed analyst concerns about wireless customers leaving the carrier, saying the company was focused on its premium brand where performance was stronger.

OTTAWA — The federal Liberal government is denying that it told CBC/Radio-Canada to cut its budget by 3.3 per cent, despite executives with the public broadcaster insisting that's part of the reason they're laying off 10 per cent of their workforce.

OTTAWA — The president of CBC and Radio-Canada signalled Tuesday that she will recommend bonuses are rolled out to executives this year, despite plans to cut 10 per cent of the national broadcaster's workforce.

WWE's weekly television show “Raw” will move to Netflix next year as part of a major streaming deal.

TORONTO — Two members of the Rogers family have settled their differences with their brother Edward and announced their retirement from the Rogers Communications Inc. board of directors after a bruising fight over who should lead the company.

SURREY, B.C. — Black Press Ltd., the owner of dozens of community newspapers across Western Canada, said Monday it had entered creditor protection, secured a tentative sale of the company and that founder David Black is retiring. The Surrey, B.C.

MONTREAL — Former Le Devoir director Bernard Descôteaux died Saturday at the age of 77 after battling cancer, the Quebec newspaper has announced.

TORONTO — The chief executive of Corus Entertainment Inc.

VANCOUVER — A multimillion-dollar settlement proposed by Meta sends a message to other companies about the importance of paying attention to the country's privacy laws, says a lawyer representing Canadians in the class-action lawsuit against the soci