Canwest Global Communications Corp (“Canwest” or the “Company”) announced that further to its news release issued earlier today, the Company, Canwest Media Inc, Canwest Television Limited Partnership (including Global Television, MovieTime, DejaView and Fox Sports World), The National Post Company and certain subsidiaries (the “CMI Entities”), have voluntarily entered into, and successfully obtained an Order from the Ontario Superior Court of Justice (Commercial Division) commencing proceedings under the Companies’ Creditors Arrangement Act (“CCAA”).
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Canwest Global Communications Corp (“Canwest” or the “Company”) announced today that it has entered into an agreement with members of the ad hoc committee of 8% senior subordinated noteholders (the “Ad Hoc Committee”) of Canwest Media Inc. (“CMI”) pursuant to which it intends to pursue a recapitalization transaction.
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Canwest announced today that its subsidiary, Canwest Television Limited Partnership has entered into an agreement to sell CHEK-TV in Victoria (“CHEK”) to a local investor group (“LIG”).
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Canwest announced today its line-up of Canadian lifestyle programming on deck for winter 2010. Continuing to be an industry leader and commissioning strong, standard-setting lifestyle content in Canada, Canwest is launching an enviable list of brand new, timely series and new seasons of Canadian favourites across its specialty lifestyle channels: Food Network, HGTV and Slice™.
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Canwest Global Communications Corp. (“Canwest” or the “Company”) announced today that its subsidiary, Canwest Television Limited Partnership, will rebrand its conventional television station CHBC-TV in Kelowna (“CHBC”) into a Global affiliate on September 1, 2009.
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Joining forces with Gemini Award-winning and Canadian comedy legend Mary Walsh (This Hour Has 22 Minutes) and Executive Producer Christina Jennings of Shaftesbury Films (ReGenesis, The Listener), Canwest has greenlit the half-hour comedy pilot Rise Up. The series was created by Mary Walsh.
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Developed by Thump Inc. and produced in partnership with leading indie studio and distributor, E1 Entertainment, Copper (working title), began production last week and will continue shooting in and around the GTA through November 2009. This one-hour, 13-episode series commissioned by Canwest and picked up by ABC Television Network during development, will be simulcast on Global and ABC Television Network later this season.
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Canwest Global Communications Corp (“Canwest” or the “Company”) announced today that its subsidiary, Canwest Television Limited Partnership has entered into an agreement to sell CHCH-TV (“CHCH”) in Hamilton and CJNT-TV (“CJNT”) in Montreal to an affiliated company of television broadcaster Channel Zero Inc (“Channel Zero”).
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Canwest Global Communications Corp. (“Canwest” or the “Company”) today reported for the three months ended February 28, 2009 revenues of $637 million compared to $701 million for the same period last year. Operating profit(1) before restructuring and impairment expenses was $75 million for the second quarter, a decline of 31% compared to $109 million in the second quarter of fiscal 2008.
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Canwest Global Communications Corp (“Canwest” or the “Company”) announced today that it is exploring strategic options for five of its conventional television stations, CJNT-TV in Montreal, CHCH-TV in Hamilton, CHCA-TV in Red Deer, CHBC-TV in Kelowna and CHEK-TV in Victoria.

The sale of the stations is one of several options being considered by the Company following an internal review. RBC Capital Markets has been retained to assist in this process.
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