| Business Summary | | CanWest
Global
Communications
Corp.
(CanWest)
is
Canada's
leading
international,
diversified
media
company.
CanWest's
strength
as
a
content
provider
has
been
built
through
its
coast-to-coast
Canadian
broadcasting
network
Global
Television,
which
reaches
over
94%
of
English-speaking
Canada;
its
leading
film
and
TV
production
and
distribution
operation,
CanWest
Entertainment;
a
growing
new
media
business,
CanWest
Interactive;
and
the
Company's
significant
international
broadcasting
presence
in
New
Zealand,
Australia,
and
Ireland.
Most
recently,
CanWest
was
transformed
into
Canada's
largest
daily
newspaper
publisher
with
the
acquisition
from
Hollinger,
Inc.
of
14
major
metropolitan
newspapers,
126
community
newspapers
and
a
50%
interest
in
the
National
Post. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | CWG
operates
four
TV
broadcasting
companies:
CanWest
Television
Inc.
and
Global
Communications
Ltd.
in
Canada,
The
TEN
Group
Ltd.
in
Australia
and
Global
Television
NZ
Ltd.
in
New
Zealand
and
one
radio
broadcasting,
Global
Radio
NZ
Ltd.
For
the
nine
months
ended
5/31/01,
revenues
totaled
C$1.44
billion,
up
from
C$544.3
million.
Net
income
according
to
U.S.GAAP
fell
90%
to
C$23.6
million.
Revenues
reflect
acquisitions.
Net
income
was
offset
by
higher
amortization
expenses. | More
from
Market Guide: Significant
Developments |
| Officers | |
| Position | I. Asper, Ph.D. | Exec.
Chairman | Leonard Asper | Pres,
CEO, Director | Peter Viner | Vice
Chairman | John Maguire | CFO
and VP, Fin. | Thomas Strike | COO |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|