Canwest Global

2737469 Canada Inc.

Former type	Public (CGS and CGS.A on the TSX Venture Exchange)
Industry	Communications Media Services
Fate	Bankruptcy Broadcast assets were sold to Shaw Communications Newspaper assets were sold to creditors to form Postmedia Network. The asset-less shell then began bankruptcy proceedings under the Bankruptcy and Insolvency Act.
Predecessor	Canwest Global Communications Corporation
Successor	Corus Entertainment (broadcasting) and Postmedia Network (publishing spin-off)
Founded	1974
Founder	Izzy Asper
Defunct	October 27, 2010 (operations) May 27, 2013 (dissolution)
Headquarters	Winnipeg, Manitoba, Canada
Area served	Canada
Key people	Derek H. Burney (Chairman of the Board)
Products	Broadcasting Advertising
Revenue	C$ 2.867 billion (2009)
Operating income	C$ 197 million (2009)
Net income	C$ −1.689 billion (2009)
Total assets	C$ 3.876 billion (1Q 2010)
Total equity	C$ −449 million (1Q 2010)
Number of employees	12,072 (May 2009)
Website	www.canwest.com

Bankruptcy

Canwest Global Communications Corporation, which operated under the corporate brand Canwest, was a major Canadian media company based in Winnipeg, Manitoba, with its head offices at Canwest Place. It held radio, television broadcasting and publishing assets in several countries, primarily in Canada.

Canwest entered bankruptcy protection in late 2009, leading to the sale of the company's assets. Canwest's newspaper arm was sold to a group of creditors led by National Post CEO Paul Godfrey, through a newly formed company named Postmedia Network. The sale of the company's broadcasting arm to Shaw Communications closed on October 27, 2010, after CRTC approval for the sale was announced on October 22; those assets are then collectively known as Shaw Media which in turn was acquired by Corus Entertainment 6 years later on April 1, 2016.

Following the sale of assets, the company was renamed 2737469 Canada Inc., ceased to carry on business, and commenced bankruptcy proceedings under the Bankruptcy and Insolvency Act. The company was finally dissolved on May 27, 2013.

As of April 2009 (prior to seeking creditor protection), Canwest owned, in whole or part, a variety of Canadian media assets, including:

The company had previously sold off some of the smaller newspapers it had acquired in the Southam purchase. Canwest also previously owned broadcasting operations in Australia (as majority shareholder of Network Ten), New Zealand (through CanWest MediaWorks New Zealand), and the Republic of Ireland (as a minority shareholder of TV3).