Lethbridge | AB | Canada | Posted:11:44 AM on 07.23.09
->> In a continuing sign of the times the media is taking more hits. Canadian media company Canwest announced the closure of TV stations in Red Deer, Alberta and Victoria, B.C. yesterday.
These two stations had been 2 of 5 stations the company had been trying to sell. One of the stations sold for $12.
CTV in Canada also recently sold a station for $1.00
Hard to predict where this will all lead but papers are not the only one in this battle.