U.S.-based private investment firm TPG Capital will acquire a controlling stake in Cirque du Soleil, while China’s Fosun Capital Group and Caisse de depot et placement du Quebec will take minority stakes.
Introducing employee training, surveys and “spot audits” and launching a confidential workplace hotline were also recommended by internal workplace probe.
“From what we know so far, no part of the country is spared in the new cuts,” the Canadian Media Guild said in a statement, as a CBC spokesman confirmed new redundancy notices were issued.
The loss takes into account a $1.7 million one-time charge for the company’s Q2, alongside advertising revenue up 78% year-over-year.
The slide in earnings came despite higher overall revenues.
The History series will shoot an unspecified number of new episodes in spring 2015.
Major Canadian TV providers last year lost a record 65,000 TV subscribers, Boon Dog Professional Service’s latest research reveals.