Media News - Tuesday, June 19, 2012
Canada’s news media near sole-source
The downsizing of news media in Canada has led
to a situation in which newspaper publishers are indirectly paying their
competition for news. Now, all but one of the national news outlets is being sourced by the
Canadian Press agency. The Canadian Press is now the prime national news source for almost
every major Canadian media outlet, including the Canadian Broadcasting
Corp., CTV News, Global TV and Postmedia News, as well as national
publications such as the National Post, the Globe & Mail and the Toronto
Star. The CP was founded in 1917 as a not-for-profit news-sharing collective,
along the lines of the Associated Press, which was formed in New York in
1845. The CP and AP still maintain an exclusive news, radio, television and
photo sharing agreement for their respective clients. In November 2010, three news organizations bought the Canadian Press:
The Torstar Corp., parent of the Toronto Star and associated media, the
Globe and Mail newspaper and the Square Victoria Communications Group,
which publishes numerous French-language newspapers in Quebec.
That's created a curious situation in which almost all of the national
and local competition is feeding from the same trough as newsrooms are
downsized amid shrinking advertising revenues. (UPI)
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