We all know that CBC is a Liberal organization, and most self respecting Canadians don't watch, listen or read their garbage. Who can we turn to, CTV? Well this is where the incestuous relationship comes into play. First pay attention to the definition of incestuous, especially #3.
in·ces·tu·ous (n-ssch-s)
adj.
1. Of, involving, or suggestive of incest.
2. Having committed incest.
3. Improperly intimate or interconnected: "Press-politics relations are notoriously incestuous" Boston Globe.
Improperly intimate or interconnected. So, who is the Globe and Mail connected to? Glad you asked.
The Globe and Mail
Here's the interesting bit:
Shareholders of CTVglobemedia
The Woodbridge Company, 40% • Ontario Teachers' Pension Plan, 25% • Torstar Corporation, 20% • BCE Inc., 15%
Let's look at the shareholders:
The Woodbridge Company Limited is a Canadian private holding company and the principal and controlling shareholder (53 percent) of Thomson Reuters. Thomson Reuters was formed in 2008 when The Thomson Corporation, a world leader in providing integrated information solutions, acquired Reuters.
Woodbridge is the primary investment vehicle for members of the family of the late Roy Thomson, the first Lord Thomson of Fleet.
Woodbridge also owns the largest (40 percent) interest in CTVglobemedia, a Canadian multimedia company with ownership of CTV and The Globe and Mail. CTV owns and operates 27 conventional stations, with interests in 35 specialty channels, including TSN. CTVglobemedia also owns the CHUM Radio Division, which operates 35 radio stations throughout Canada. Other CTVglobemedia investments include an interest in Maple Leaf Sports & Entertainment, which owns the Toronto Maple Leafs, Toronto Raptors and the Air Canada Centre.
Ontario Teachers' Pension Plan, (25%) soon to own all of BCE, Bell Canada, giving them 40% ownership of CTVglobal.
Torstar, (20%) yes, that's the Toronto Star!!!!
BCE, Bell Canada Enterprises, (15%) soon to be owned by the Ontario Teachers' Pension Plan.
Do you see the interconnection? The Globe and Mail is part of CTV, which is part of BCE, which is part of the Toronto Star, which is owned by the Ontario Teachers' Pension Plan, or soon to be! Incestuous? According to the definition, yes it is!
No wonder people do not believe what they read anymore. Wasn't the Ontario Teachers' Union responsible for helping McGuinty win a majority again?
Next time you read the Globe and Mail or Toronto Star or any article from Reuters, watch CTV, or think about getting Bell Canada services, think hard about who you are supporting with your money.
Reuters, Toronto Star, Globe and Mail, CTV, Bell, only one missing is the ever elusive Canadian Press. And you thought the CBC was biased? Think again! Russia has more independent news agencies than Canada does. Scary!
4 comments:
What are these news(?) outlets going to do when the Conservatives manage to secure a majority in the next election?
They'll be as lost as Dion at a news conference....
===
The scary thing is that not only do the teachers influence what we read and what we hear, they also teach our children.
Great piece as far as the relationship between CTV, The Globe and Torstar are concerned, but I think you are stretching it a bit when you suggest that the Ontario Teachers Pension Plan will be setting the tone for media outlets.
Pension funds are generally run by professional pension managers, for the financial benefit of whatever organization. Pension managers are going to invest in businesses with a good return, and they don't get involved in running those businesses. If the bsuinesses make money, the fund stays invested, if the business loses money, the pension fund looks for an alternative investment.
Having said all that, in light of some of the recent reports about the share price of various media outlets in both Canada and the US going rapidly in the tank, I'm glad it's not MY pension fund that is investing in all these media businesses.
All I can say on this is "What a tangled web we weave."
Great post, Hunter! Helps us understand the MSM a little better.
We need to watch the MSM very closely in the lead up and during the up coming election whenever that may be.
Before I forget don't forget the connection between Gloria Galloway of the Globe and Mail and the Liberal Party. I think her husband works for them.
Also remember the CBC collusion with the Liberals in the Mulroney and Schrieber circus in committee?
Post a Comment