Fact Sheet
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Business: |
Canwest Global Communications Corp. (TSX: CGS and CGS.A, www.canwest.com) is an international media company. In addition to owning Global Television and E!, reaching almost 100% of consumers across Canada, Canwest owns, operates, and/or holds substantial interests in Canada's largest publisher of paid English-language daily newspapers, as well as conventional television networks, out of home advertising, specialty cable channels, web sites and radio stations and networks in Canada, Australia, Turkey, Indonesia, Singapore, the United Kingdom and the United States. Operating income (EBITDA) for fiscal 2007 was $487 million with consolidated revenues of just over $2.86 billion. |
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Head office: |
The company was founded and headquartered in Winnipeg, Manitoba, Canada.
3100 CanWest Global Place
Tel. 204-956-2025 |
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Number of Employees: |
Approx: 10,700 |
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Investor Information: |
Canwest Global Communications Corp. is listed on the Toronto Stock Exchange (TSX) under the trading symbols CGS and CGS.A
Registrars and Transfer Agents
Auditors |
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In the Community: |
Canwest is designated "A Caring Company" by the Canadian Centre for Philanthropy. Canwest appropriates a minimum if 1% of pre-tax profits for cash donations to nonprofit organizations and projects that strengthen and enhance local communities. In fiscal year 2007, Canwest and its operating units donated $68.2 million (cash and in-kind) across Canada and internationally. |
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Canadian Operations: |
Canwest is one the largest single employers of journalists in Canada with approximately 7,000 staff and freelance contributors to our newspapers, television operations and online destinations. CanWest journalists reach more Canadians on a daily basis than any other media organization. Canwest Publishing Inc. is one of Canada's largest newspaper publishers reaching 4.9 million engaged readers on a weekly basis. Publications includes:
• The National Post In addition to the daily newspapers, the company also publishes over 25 community papers, three commuter papers, and local search directories and operates three flyer distribution companies. Complimenting the print publications are several online properties under the canada.com network, which averages over 4.5 million unique visitors per month. The canada.com network also features the entertainment site Dose.ca and in-depth vertical sites such as the popular driving.ca and working.com. FP DataGroup provides businesses with electronic access to a comprehensive source of corporate and industry data and information going back over 20 years. Canwest's two English conventional networks, Global and E!, reach almost 100% of consumers across Canada. The Gemini Award winning Global National with Kevin Newman is Canada's most-watched weekday national news. The addition of Alliance Atlantis' specialty channels brings the total number of specialty channels Canwest owns, in whole or in part, to 26. The combined specialty channels represent a 30.1% share of commercial specialty channel viewership. In the 25 to 54 age demographic, the Company owns 4 of the top 10 analog specialty channels and 9 of the top 10 digital specialty channels. |
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Australian Operations: |
Indirectly, through a wholly owned subsidiary, Canwest is the majority and controlling shareholder of Ten Network Holdings Ltd., parent company the Ten Television Network and Eye. Ten Television Network is a free-to-air television network with stations in five mainland capital cities aimed at viewers aged 18-49. Eye is Australia's leading Out-of-Home media supplier with contracts and inventory in Australia, New Zealand, Indonesia, Malaysia, Singapore, the United Kingdom, and North America. |
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Turkey: |
In September, 2005, Canwest and its Turkish partner, Turkcom Iletisim Hizmetleri A.S. (Turkcom) began the acquisition of several media properties during an auction conducted by The Turkish Savings and Deposit Insurance Fund. In February, 2006, Canwest and its Turkish partners completed the acquisition bringing a total of four FM radio operations; Super FM, Metro FM, Joy FM and Joy Turk FM, into the Canwest asset group. |
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The United Kingdom: |
In September 2005, Canwest Global Communications Corp. became the first foreign media company to be awarded a broadcast license in the UK. Today the company owns and operates three radio stations in Great Britain under the Original 106fm brand in Aberdeen, Bristol and Solent. |
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The United States: |
In February 2006 Canwest Global Communications Corp. acquired 100% interest in the U.S. political magazine The New Republic. The magazine was started in 1914 and has had many literary luminaries such as George Orwell, Virginia Wolfe, Philip Roth and Camille Paglia, as contributors. |