Warren Kinsella reports such on his blog and the fact is I can see the numbers going even lower.
In my view the problem with Global [and CTV and CBC] is, unlike the United States nets, they are greedy bastards who want to own all the stations and all the product and all and all and all. A little less greedy would equal a lot more money. Global in Ontario could easily split into a dozen or so viable TV stations which, if operated under the Global brand, would be viable.
As it is now Global in Ontario is the Toronto station repeated all over the province; with a tad of vision one could open a Global station in all the big markets in Ontario: Ottawa, Kitchener, London, Windsor, Sudbury, Niagara, Kingston etcetera without a ton of cost [the sticks are already up in those towns and all one would need would be studios and talent] and then spin off those stations with long term affiliate contracts and, poof, ownership may not be vertical and horizontal but it will be viable.
Don't see it happening but y'never know.
WFDS
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