CanWest MediaWorks Launches New $10.5 M Production Fund for Alberta Producers



    TORONTO, Sept. 12 /CNW/ - CanWest MediaWorks today announced the launch
of the CanWest Alberta Fund (CAF).
    Established to support Alberta's independent production community, the
CAF will offer $10.5 M over the next 7 years to finance the production of
drama, documentaries, reality and lifestyle programming by Alberta producers.
    CanWest's dynamic new fund will provide equity investments of up to
$300,000 per project for productions that are licensed by any Canadian
broadcaster. This will provide a significant new source of financing for the
Alberta production community.
    "We are absolutely delighted to be supporting the Alberta production
community through this new fund," said CanWest MediaWorks Senior VP of
Programming & Production, Barbara Williams. "This important benefits package
comes as a result of the recent CRTC decision supporting the extension of
CanWest's Red Deer station signal throughout Alberta, opening new doors to the
production community in this vibrant region."
    Jane Bisbee has been appointed Managing Director of the CAF, bringing an
extensive background as a consultant to Alberta film and television production
companies, in addition to her role as former Arts and Cultural Industries
Development Officer for the province of Alberta.
    Applications will be evaluated by a range of industry professionals, with
a Selection Committee of industry representatives making the funding
decisions.
    The CAF is administered as a Program of the Independent Production Fund
which manages various private Funds for television production. Application
deadlines are October 15, March 15 and May 1. Guidelines for the Fund are
available at www.ipf.ca - CanWest Alberta Fund Program.
    The first deadline for application is October 15, 2007. The CanWest
Alberta Fund was established by CanWest MediaWorks Inc. as a result of CRTC
Decision 2007-168.

    About CanWest MediaWorks Inc.

    CanWest MediaWorks Inc. is a wholly-owned subsidiary of CanWest Global
Communications Corp. (TSX: CGS and CGS.A, www.canwestglobal.com), an
international media company. In addition to owning the Global Television
network, CanWest is Canada's largest publisher of English language daily
newspapers, and also owns, operates and/or holds substantial interests in
conventional television, out-of-home advertising, specialty cable channels,
Web sites and radio networks in Canada, New Zealand, Australia, Turkey,
Indonesia, Singapore, the United Kingdom and the United States.





For further information:

For further information: Andra Sheffer, Executive Director, Independent
Production Fund, asheffer@ipf.ca, (416) 977-8966; Grace Park, CanWest
MediaWorks, gpark@globaltv.com, (416) 446-5331

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