Today the CBC held an internal Town Hall to describe the public broadcasters plans for the future.  The big news:

  • $171 million shortfall
  • $125 million “one time” assets sale
  • 800 jobs lost:  400 from each French & English, 70 corporate
  • 20% cut for senior managers
  • 5% across the board budget cuts
  • Conservative Government refused bridge financing
  • 17% cut from radio, 83% from TV
  • 20% cuts in regions, 80% at network level

Coverage:

AP
Bloomberg
Canwest News Service (Gazette)
National Post
CP
Globe & Mail
G&M video
Ottawa Citizen
CTV.ca

And, here is the CBC’s own story.

Live or near live Blogs:

Inside the CBC
Friends of Canadian Broadcasting
National Post’s Ampersand

Unfortunately, live blogging over at the Friends of the CBC hit a snag when the teleconference calls, both French and English language, streams were being fed at the same time.  The well-known CBC blogger, “Fake Ouimet,” who also provided readers access to the all important teleconference codes, over at the Tea Makers, was also snagged by this technical mishap.  [Updated:  See comment below from Fake Ouimet; and for anyone confused by the Ouimet/Fake Ouimet thing; this post from "Fake Ouimet" should clear it up.]

Audio of the CBC town hall Q&A & Transcript of opening remarks:

Midway through the call the audio cleared up.  Here is the audio of the Question and Answer section at the town hall for staff:

And, a PDF transcript of the opening remarks.

Commentary:

Other sources to find more:

Twitter Search for the #CBC hashtag

Twitter search CBC RSS feed

Google Blog Search for CBC cuts

Official CBC release

Canadian Media Guild Reaction;  union representation most at the CBC

Fake Ouimet details today’s English Service town hall with Richard Stursberg, CBC executive VP

[Please note:  this post will be updated several times as more news develops from regions and sections at the CBC]