Cash-strapped CanWest Global Communications is selling two money-losing TV stations as it continues its attempts to stave off bankruptcy. The Winnipeg-based broadcaster said Wednesday that it has been given yet another extension in its discussions with a committee of noteholders that hold C$761 million ($671 million) in outstanding debts. It now has until July 31 to reach a recapitalization agreement. CanWest has sold CHCH in Hamilton, Ontario, and CJNT in Montreal to Toronto-based cable company Channel Zero.
In an announcement that combines kudos to one company, a jab at another and a warning flare for producers, the American Cinema Editors board of directors is honoring Avid’s Media Composer software with the org’s first-ever ACE Technical Excellence Award. The nod amounts to an unprecedented endorsement of a commercial[…]
Los Angeles producers shooting in Ontario can now write off 25% of total production expenses beyond labour costs, including equipment and studio rentals. The province of Ontario on Tuesday said it will amend the Ontario Production Services Tax Credit for foreign producers to keep pace with neighboring Quebec, which announced similar changes to its tax credit system on June 12. Effective Tuesday (June 30), foreign producers will be able to claim a refundable tax credit equal to 25% of production costs incurred in the province, including labor expenditures.
Cash-strapped CanWest Global Communications is selling two money-losing TV stations as it continues its attempts to stave off bankruptcy. The Winnipeg-based broadcaster said Wednesday that it has been given yet another extension in its discussions with a committee of noteholders that hold C$761 million ($671 million) in outstanding debts. It now has until July 31 to reach a recapitalization agreement. CanWest has sold CHCH in Hamilton, Ontario, and CJNT in Montreal to Toronto-based cable company Channel Zero.
In an announcement that combines kudos to one company, a jab at another and a warning flare for producers, the American Cinema Editors board of directors is honoring Avid’s Media Composer software with the org’s first-ever ACE Technical Excellence Award. The nod amounts to an unprecedented endorsement of a commercial[…]
Los Angeles producers shooting in Ontario can now write off 25% of total production expenses beyond labour costs, including equipment and studio rentals. The province of Ontario on Tuesday said it will amend the Ontario Production Services Tax Credit for foreign producers to keep pace with neighboring Quebec, which announced similar changes to its tax credit system on June 12. Effective Tuesday (June 30), foreign producers will be able to claim a refundable tax credit equal to 25% of production costs incurred in the province, including labor expenditures.
Cash-strapped CanWest Global Communications is selling two money-losing TV stations as it continues its attempts to stave off bankruptcy. The Winnipeg-based broadcaster said Wednesday that it has been given yet another extension in its discussions with a committee of noteholders that hold C$761 million ($671 million) in outstanding debts. It now has until July 31 to reach a recapitalization agreement. CanWest has sold CHCH in Hamilton, Ontario, and CJNT in Montreal to Toronto-based cable company Channel Zero.
In an announcement that combines kudos to one company, a jab at another and a warning flare for producers, the American Cinema Editors board of directors is honoring Avid’s Media Composer software with the org’s first-ever ACE Technical Excellence Award. The nod amounts to an unprecedented endorsement of a commercial[…]
Los Angeles producers shooting in Ontario can now write off 25% of total production expenses beyond labour costs, including equipment and studio rentals. The province of Ontario on Tuesday said it will amend the Ontario Production Services Tax Credit for foreign producers to keep pace with neighboring Quebec, which announced similar changes to its tax credit system on June 12. Effective Tuesday (June 30), foreign producers will be able to claim a refundable tax credit equal to 25% of production costs incurred in the province, including labor expenditures.