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Ontario invests $3.3 million in cultural media industries

Ontario is investing $3.3 million in 16 new cultural media initiatives through its Entertainment and Creative Cluster Partnerships Fund.

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Decision Makers Series: Kenton Low predicts dire future for BC digital media sector unless government and academia intervene

Kenton Low doesn’t mince words when it comes to predicting the fate of British Columbia’s digital media sector. "It will be gone in 10 years", he told the province’s Finance committee this fall. But the president of New Media BC (NMBC) is also optimistic, having scored some initial victories on both the political and academic fronts to ensure no more companies take flight to jurisdictions with cheaper labour and better tax incentives.

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With little growth in fixed telephony, carriers need new business models to succeed: analysts

Cable companies offering voice services have been the clear winners in the battle to steal telco local landline customers, while services such as Skype and over the top providers like Vonage haven’t had a material impact. But the erosion of local residential telephony revenue is going to force the telcos to explore different business models as a result of this competition, according to analysts.

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Look puts itself on the block

Look Communications Inc. has finally decided to pack it in, announcing today that it has put itself and all of its assets up for sale. In a statement, Look’s vice-chair and CEO Gerald McGoey said the company just doesn’t have the financial resources to deploy and launch a new mobile broadband network in its operating territory of Ontario and Quebec.

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Bridgewater names marketing and product management head

Bridgewater Systems has appointed David Sharpley as senior VP of marketing and product management with the responsibility of driving global marketing, product management, and business development.

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