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April 28, 2015 1:04 PM ET

Media

Company Overview of Canadian Broadcasting Corp.

Company Overview

Canadian Broadcasting Corporation provides radio, television, and media services in Canada. The company operates radio channels comprising CBC Radio One and ICI Radio-Canada Première for news, current affairs, and arts; CBC Radio 2, CBC Radio 3, CBC Music Sonica, ICI Musique, and ICI Musique Chansons, which offer music programs; and ICI Musique FrancoCountry, a Canadian and French country-folk music channel. Its television channels include CBC Television for news, information, sports, and entertainment programs; CBC News Network for news, live events, and current affairs; ICI ARTV for cultural content; and documentary channel for docs, films, and series. The company also operates ICI Radio-C...

181 Queen Street

Ottawa, ON K1P 1K9

Canada

6,985 Employees

Key Executives for Canadian Broadcasting Corp.

Chief Executive Officer, President, Director and Member of Standing Committees On English & French Language Broadcasting
Age: 58
Chief Financial Officer and Vice President
Chief Regulatory Officer and Vice President of Technology
Vice President of Real Estate Services & Legal Services and General Counsel
Age: 55
Executive Vice President of French Services
Compensation as of Fiscal Year 2014.

Canadian Broadcasting Corp. Key Developments

The Canadian Broadcast Corp. Announces to Cut 244 Jobs

The Canadian Broadcast Corp. announced that it is cutting 244 jobs in part of a strategy to eliminate up to 1,500 jobs across the country.

CBC to Slash 244 Jobs from Local News Services

CBC is slashing 244 jobs from local news services across the country as it shifts some of its limited resources to its digital operations. The cuts include 144 positions from English-language services and 100 jobs on the French side, which include 20 vacant positions and retirements. The job losses include 37 positions in Alberta, 30 in Ontario and 26 in B.C. Johnny Michel, senior managing director of CBC British Columbia and Alberta, said the cuts will not disrupt radio programming in Victoria at CBC Radio One. The company is adding 80 new digital jobs as it works toward offering a continuous news stream for mobile users. Most of the cuts are related to previously announced plans to shorten local supper-hour newscasts to 30 or 60 minutes. McGuire said the shortened newscasts will be introduced in October, as will a plan to broadcast Radio One morning shows on TV. The cuts are part of a five-year strategy announced last June. It included plans to cut up to 1,500 jobs, with about 500 positions eliminated over the following 12 to 15 months.

Canadian Broadcasting Corporation Announces Revenue Result for the Third Quarter of 2015

Canadian Broadcasting Corporation announced revenue result for the third quarter of 2015. For the quarter the company's revenues decreased by $46.9 million, mainly due to the end of broadcasting rights contract with the National Hockey League.

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