Canwest sale buzz

The media biz was abuzz when the bankruptcy court gave
Canwest the go-ahead to sell the chain’s newspapers to bond-holders, led by
former tabloid publisher and Blue Jay exec Paul Godfrey.  Will the move breathe
life into local news, or have the papers been sold to vultures? In advance
of the decision, media workers called on the court to consider preserving the
public trust as a sale condition. Worth noting: the approval coincided with
a
national conference seeking alternatives to ownership and management models
that chase only the financial bottom-line. This J-Source analysis
rounds up some of the news and opinion regarding the sale. For a historical ride on the Canwest roller coaster, visit our Business of Journalism J-Topic.