- Strong Leadership Team in Place as Search for Successor Begins -
TORONTO, Aug. 7 /CNW/ - Canwest Global Communications Corp. ("Canwest" or
the "Company") today announced that Kathy Dore, President, Canwest
Broadcasting, will leave her current position when her contract expires later
this year. Ms. Dore, who joined Canwest in October 2004, will assist in the
search for her replacement and will remain in her role during the transition.
"Over the past four years, Kathy has effectively led Canwest's Canadian
Broadcasting division through a period of strong growth and significant
change," said Leonard Asper, Canwest's President and Chief Executive Officer.
"She has positioned the company for growth going forward through both her
strategic initiatives and strong leadership. We are fortunate that she has
built an outstanding senior leadership team and leaves the business with great
Under Ms. Dore's leadership, Global Television increased its presence in
the Top 10 and Top 20 shows with series like Heroes, Prison Break, and House.
She spearheaded the rebranding of Global, and initiated partnerships with CBS
Paramount to create ET Canada.
Ms. Dore managed the successful integration of the Alliance Atlantis
Specialty Channels into Canwest and led a number of strategic initiatives that
better enabled Canwest to distribute and monetize content across multiple
platforms while reducing its cost structure, including the transition to a
digital news environment.
"In 2004, I made a four-year commitment to Leonard and Canwest to
transform the Canadian broadcasting assets and position them for strong future
growth," said Ms. Dore. "With a solid foundation now in place, and with the
integration of the former Alliance Atlantis assets progressing smoothly, it's
time to pass the baton. It has been a privilege to lead Canwest's Broadcasting
organization through such an exciting and challenging period, and I'm grateful
to have had the opportunity to manage and grow these remarkable assets.
"I'm committed to Canwest, its success and a smooth leadership transition
and I have no doubt that the outstanding management team in the Broadcasting
Division will enjoy tremendous success in the future."
Prior to joining Canwest, Ms. Dore was President, Entertainment Services
for New York-based Rainbow Media Holdings Inc., where she managed U.S. cable
networks AMC (American Movie Classics), IFC (Independent Film Channel) and WE
(Women's Entertainment). Ms. Dore created and launched the Independent Film
Channel and was also responsible for the growth and expansion of Bravo, now
owned by NBC, where she served as President from 1996 until 2002.
Forward Looking Statements:
This news release contains certain comments or forward-looking statements
about the objectives, strategies, financial conditions, results of operations
and businesses of Canwest. Statements that are not historical facts are
forward-looking and are subject to important risks, uncertainties and
assumptions. These statements are based on our current expectations about our
business and the markets in which we operate, and upon various estimates and
assumptions. The results or events predicted in these forward-looking
statements may differ materially from actual results or events if known or
unknown risks, trends or uncertainties affect our business, or if our
estimates or assumptions turn out to be inaccurate. As a result, there is no
assurance that the circumstances described in any forward-looking statement
will materialize. Significant and reasonably foreseeable factors that could
cause our results to differ materially from our current expectations are
discussed in the section entitled "Risk Factors" contained in our Annual
Information Form for the year ended August 31, 2007 dated November 20, 2007
filed by Canwest Global Communications Corp. with the Canadian securities
commissions (available on SEDAR at www.sedar.com ), as updated in our most
recent Management's Discussion and Analysis for the nine months ended May 31,
2008. We disclaim any intention or obligation to update any forward-looking
statement even if new information becomes available, as a result of future
events or for any other reason.
About Canwest Global Communications Corp.
Canwest Global Communications Corp. (www.canwest.com), (TSX: CGS and
CGS.A,) an international media company, is Canada's largest media company. In
addition to owning the Global Television Network, Canwest is Canada's largest
publisher of paid English language daily newspapers and owns, operates and/or
holds substantial interests in conventional television, out-of-home
advertising, specialty cable channels, web sites and radio stations and
networks in Canada, New Zealand, Australia, Turkey, Indonesia, Singapore, the
United Kingdom and the United States.
For further information:
For further information: Media Contact: John Douglas, Vice President,
Public Affairs, Tel: (204) 953-7737, email@example.com; Investor Contact:
Hugh Harley, Director, Investor Relations, Tel: (204) 953-7731,