issued a report on Wednesday warning of potential closures and widespread job cuts as private TV and radio broadcasters face a cumulative projected revenue shortfall of up to $1.06 billion by the end of 2022.
Another 150 radio stations could topple in the 18 months that follow, it said, leading to as many as 2,000 job losses.TV stations could risk a similar fate with roughly 40 of Canada’s 94 private TV broadcasters in danger of closing within one to three years, the research predicts. The statement also noted the government is working on “modernizing” the Broadcasting Act and will share more information on that process soon.
Let it fail.
Can't wait for all you journalists And CBCNews To pack your shit!
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