CBC’s bet on satellite radio could pay dividends
Amid all the slashing at the CBC, there’s a bright spot: the People’s Broadcaster has made a small fortune on its investment in satellite radio.
And as the beleaguered broadcaster struggles to cut $115-million from its $1.1-billion in federal funding over the next three years, its decision to get in on the early days of satellite radio could be about to pay dividends – literally.
Categories: Broadcasting, Media