Canadian media takeover reduces diversity

The proposed deal between two large Canadian media conglomerates - Bell Globemedia and CHUM - has raised concerns among politicians, academics and media commentators. By taking over CHUM, which operates 33 radio stations and 12 TV stations, Bell Globemedia, would add substantially to its current stable, which includes 21 TV stations, the Globe and Mail newspaper and several digital TV channels and internet websites. If approved by the regulators the $1.7bn (£1bn) deal would leave Canada with only two major private media companies, Globemedia and CanWest Global, and thereby reduce diversity. (Via CBC | Top Stories News)