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Canada's Bell Media Hit With Management Restructuring


Top Canadian broadcaster Bell Media has launched a management restructuring to streamline its executive suite amid a pivot to its Crave streaming platform and the digital space, The Hollywood Reporter has confirmed.

There's no indication on the number of job losses. But the departure of long-time content and acquisition executives like Mike Cosentino, president of content and programming, and Tracey Pearce, president of distribution and pay, follows the exit on Jan. 4 of Bell Media president Randy Lennox.

Also Discovery Canada is affected by the Bell Media cuts and changes in management
 

Now 3 Bell Media owned stations with TSN Radio affiliates are flipping due to the Bell Media restructuring.
 
Canadian broadcast media is even more consolidated than in the U.S., and I think the Bell bloodbath has probably affected more stations and employees in Canada on a percentage basis than we've seen in America too. At least that's my perception. The company just "nationalized" its formats blowing up legendary stations like 89X in Windsor (Detroit) replacing them with voice tracked, piped in content. It gutted entire newsrooms in the nation's biggest markets like Toronto and Montreal last week and now it killed off its TSN sports stations. As ruthless as some of the American consolidators may seem, Bell seems to just not care about radio at all any more. This looks a lot like what happens when oligopolies are allowed to amass too much power.
 
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