Monday, March 15, 2010

Canwest bidder David Black has record of buying, then slashing

From The Tyee:

Wondering what might happen at Canwest’s bigger newspapers if B.C.-based media tycoon David Black were to succeed in his bid to buy the chain? Consider the case of the Beacon-Journal, Akron, Ohio’s major daily, purchased by Black in 2006.

Last week what’s left of newsroom staff backed down on their threat to strike, settling for a three-year contract that cuts wages 10 per cent and freezes pensions. This after three rounds of layoffs thinned the Beacon-Journal’s staff by one third.


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