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Bullboard - Stock Discussion Forum ZoomerMedia Ltd V.ZUM

Alternate Symbol(s):  ZUMRF

Communication Services
ZoomerMedia Limited is a multimedia company engaged in creating content, services, and experiences for Canada's audiences. The Company’s Television segment consists of its specialty and conventional television stations (Vision TV, ONE TV, Joy TV in Vancouver, FAITH TV in Winnipeg, and TVL Channel 5). Its Radio segment consists of the Company’s radio stations. Its Print segment publishes ZOOMER... see more

TSXV:ZUM - Post Discussion

ZoomerMedia Ltd > 40 Cdn TV stations & 100 radio stations will shut down soon
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Post by PitchinPennies on Sep 27, 2020 9:25pm

40 Cdn TV stations & 100 radio stations will shut down soon

Report in Toronto Star details Canadian broadcasters kvetching about revenue drops and claiming they'll be out of business before 2022 unless taxpayers subsidize them. Doesn't that just make you want to invest in Moses Znaimer's traditionally money-losing vanity project? Hey, sez Moses, I was unprofitable long before it became fashionable... I been losing money for years!

https://www.thestar.com/business/2020/09/19/canadian-broadcasters-say-40-tv-stations-and-more-than-100-radio-stations-will-shut-down-over-the-next-few-years-without-government-aid.html
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ZoomerMedia Ltd