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Bell Media cuts 80 jobs

Media | 11/20/2014 7:35 pm EST

BCE Inc.'s Bell Media division cut 80 full-time jobs, the company confirmed Thursday. Bell Media said in an emailed statement that the operation, which includes CTV, CTV News Channel, TSN, and various other TV and radio properties, represents about 1.3 per cent of Bell Media's workforce. "The difficult decision was made as the result of continued financial pressure in relation to the industry-wide challenging advertising market for radio and TV," the statement said. A recent article in The Wire Report outlined how there appears to be a permanent shift of advertising dollars away from traditional media and toward digital outlets. Bell Media said TV and radio are both affected, with positions in research, revenue management, marketing and communications, network operations and news among those lost. The Toronto Star...