B.C. Premier calls out ’corporate vampires' at BCE

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B.C. Premier calls out ’corporate vampires' at BCE

Postby radiofan » Thu Feb 08, 2024 4:37 pm

B.C. premier calls out ’corporate vampires' after BCE announces layoffs, sale of radio stations

Around 4,800 jobs to go at Bell Media's parent company, radio stations in smaller communities up for sale

The premier of British Columbia went on a 2½-minute tirade Thursday morning as he called out the parent company of Bell Media, which had earlier announced thousands of layoffs and the sale of dozens of local radio stations in communities across Canada.

In its largest round of job cuts in nearly 30 years, BCE Inc. said it was cutting nine per cent of its workforce, equating to 4,800 jobs, and selling 45 of its 103 regional radio stations, 21 of them in B.C

Bell Media said separately it would be ending multiple television newscasts and making other programming cuts.

On behalf of all British Columbians that have watched their local news station slowly turn to garbage by these companies who now say unsurprisingly that there is not a lot of support for them, I just want to say shame on you, Premier David Eby said at an unrelated news conference in Coquitlam, B.C.

The radio stations up for sale in B.C. are mostly in smaller communities such as Dawson Creek, Nelson and Prince Rupert.

BCE said it is in the midst of a "digital transformation" for both entertainment and news, but whether or not prioritizing digital growth is viable for the company has yet to be determined.

Eby was having none of that reasoning, saying the corporation is profitable and, as part of its corporate social responsibility, should be able to find ways to continue to provide news and information across Canada.

"Bell and other corporations like Bell have overseen the assembly of local media assets that are treasures to local communities," he said. "They bought them up, like corporate vampires, sucked the life out of them, laid off journalists."

Eby called on Ottawa to intervene, arguing companies like BCE were given the green light to acquire television and radio stations from federal regulators.

Read more at: https://www.cbc.ca/news/canada/british- ... -1.7109318
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Re: B.C. Premier calls out ’corporate vampires' at BCE

Postby Just sayin' » Thu Feb 08, 2024 5:32 pm

Mr. Eby could learn a few things about running a profitable business from BCE. His response was typical NDP gibberish and clearly shows his complete misunderstanding of the private sector and especially shareholder private sector.
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Re: B.C. Premier calls out ’corporate vampires' at BCE

Postby the-real-deal » Thu Feb 08, 2024 11:00 pm

Just sayin' wrote:Mr. Eby could learn a few things about running a profitable business from BCE. His response was typical NDP gibberish and clearly shows his complete misunderstanding of the private sector and especially shareholder private sector.



Eby does make one valid point, however. Bell Canada Enterprises ISN'T STARVING. It's a very profitable, Eastern based company and business.

Basically, (they claimed) that they sold all of the B.C. radio stations that they thought were losing money. Well, they cut back mainly to appease their shareholders and investors. Meanwhile, it was mostly a fire sale of Interior B.C. located radio stations, isn't it true?. Their properties in Toronto, Montreal and Ottawa remained intact, except for the television side of things and W5, their long time investigative news show.

So, how the new owner with Vista, Mr. Edwards, is going to make these BC stations more profitable, I am not sure.

As many of you remember, this is Vista's "second kick at the cat" in Kelowna, for example. They used to own 103.9 the Juice in Kelowna under a previous female owner and it was later rebranded as Juice-FM. It didn't matter ?

103.9 the Juice was a troubled radio station from the get go, in which it's only identifiable identity was incessant change (in its brief existence). The station was a constant shit show and merry go round of station managers (three, as i remember), countless program directors, morning crews, and even more deejays.

The CJUI news department was also thin in staff and unimpressive, except for their morning news reader and co-host Christy (the Libra gal) who had a very polished, major market news delivery (albeit, with no actuals or voicers in her newscast ha ha, i had to rub that in, Christy?)

I sincerely hope that things change for the better under the new Vista management and I also hope the best for all existing Bell employees.
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Re: B.C. Premier calls out ’corporate vampires' at BCE

Postby radio knob » Fri Feb 09, 2024 10:56 am

catch the meme worthy nugget he got in:

enCRAPification

referring to the news room "upgrading BELLmedia has done in local markets
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Re: B.C. Premier calls out ’corporate vampires' at BCE

Postby Just sayin' » Fri Feb 09, 2024 1:19 pm

The new owners of Bell's BC stations says there will be no layoffs or closures, and in fact, will be 'bulking' up Newsrooms. Maybe Comrade Eby should have called these new owners before spouting off. Then again, why waste an opportunity for a photo op and a chance to show he's the man of people.
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Re: B.C. Premier calls out ’corporate vampires' at BCE

Postby erratic » Fri Feb 09, 2024 8:01 pm

I would be happier to see more local operators take over these small town stations in BC than Vista as it would be the same old with Bell. I hope the CRTC denies this divestiture application by Bell to Vista.
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Re: B.C. Premier calls out ’corporate vampires' at BCE

Postby the-real-deal » Fri Feb 09, 2024 8:40 pm

Just sayin' wrote:The new owners of Bell's BC stations says there will be no layoffs or closures, and in fact, will be 'bulking' up Newsrooms.


I hope that Vista makes good on that promise. The reality is that new owners who take over Okanagan radio stations don't always have a good reputation?

They all promise to retain the previous staff, then, turn around and fire them ?

A good example of this was Newcap, who purchased the former GIANT-FM (CIGV) in Penticton, a few years ago.

Newcap also promised to keep the staff of CIGV, then, abruptly fired the whole lot of them. Not only that, but the guy they put in charge of firing them
also got fired.

To use your own monneker, "just sayin' '' lol
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