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
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.