Media Consolidation
Well Stephen beat me to the punch on the Tim Horton’s IPO. (That’s definitely not a Pets.com - Guess Wendy’s went with the IPO rather than an income trust). That should do well considering Tim’s makes them quite a bit of money and the Wendy’s franchise continues to wane.
BCE is trying to sell off some of its BellGlobe media and TorStar is one of the players picking it up. Creepy. These guys already have an alliance regarding Workopolis.com. To be fair the Teacher’s Pension is one of the beneficiaries in the deal. CONSOLIDATION of news sources (CTV, Globe and Mail, now Toronto Star) especially at this scale = NOT a good thing.
Well as Marshal McLuhan said “The medium is the message”… Not sure that I like what I’m hearing…

