The new Corus logo at Corus Quay in Toronto is photographed on Friday, June 22, 2018.
More than two dozen people in Alberta and British Columbia have been let go from their jobs at Global News this week, with its parent company placing blame on "the current economic and regulatory reality" for media organizations.The new corporate logo of Corus is seen in this photo taken in Toronto in June 2018. The company's shares fell Wednesday after it reported its third-quarter earnings and cut its dividend.
"These are real people with families and their jobs that are so desperately needed in this country," he continued. "There should be supports for journalism that support these people and they're not there. That's the tragedy in in this." On Monday, Rogers said it had signed multi-year deals with NBCUniversal and Warner Bros. for their popular lifestyle and entertainment brands in Canada, including HGTV, the Food Network and others.Meet 3 future journalists determined to evolve with the changing news industry
He said the company lowered expenses by 13 per cent, or $38 million, in its latest quarter that ended Feb. 29, and has slashed 15 per cent of costs, or $88 million, year-to-date.
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