After nearly a century, The Canadian Press wire service will cease to function as a not-for-profit co-operative under a tentative new deal that will place the media organisation under private ownership. I hope they survive -- they faced a bad pension problem and the loss of the Sun papers -- CP provides good Canadian content for media across the country and they have some very fine reporters.
4 comments:
But remember, SunMedia starting a TV network would be bad. ;)
Five gets you ten they never see their pensions again.
Downes, You are probably right -- and that's a shame for many reasons not the least being that people who worked at CP got paid less, and got less glory, than other reporters but they got (they thought) more steady work for a non-profit institution.
Patrick,
I don't think anyone ever suggested CP spun the news at all.
james
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