CBC to cut 657 jobs, will no longer compete for professional sports rights

Discussion in 'SF Lounge' started by Madman, Apr 10, 2014.

  1. Madman

    Madman Administrator
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    You knew it was bound to happen with how big the private companies are and how much money they pour into professional sports.

    Broadcaster challenged to make up revenue and government funding shortfalls

    Funding shortfalls and revenue losses have forced CBC/Radio-Canada to cut $130 million from its budget this year, a move that will eliminate 657 jobs over the next two years and take the network out of competing for the rights to broadcast professional sports, the public broadcaster says.

    "Very tough and controversial choices needed to be made and were made," CBC president and CEO Hubert T. Lacroix said at a townhall meeting with staff Thursday.


    Lacroix said CBC could no longer compete against private broadcasters that have specialty sports channels and multiple media platforms. The result will mean "substantially reducing" the size of the sports department and covering fewer sporting events, including amateur sports. But the CBC will still compete for sporting events of national significance, like the Olympics.

    http://www.cbc.ca/news/canada/cbc-t...pete-for-professional-sports-rights-1.2605504
     
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  2. deuvl

    deuvl Moderator
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    By 2016 I doubt there will be much left of the CBC to compete for anything.
     
  3. Stamps Rule

    Stamps Rule Member

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    GOOD.

    We spent a billion fucking dollars on them. Such a waste of money.
     
  4. deuvl

    deuvl Moderator
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    sad but true
     

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