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CRAIG MEDIA CUTS STAFF

Craig Media laid off 37 staff at its Calgary and Toronto television stations yesterday. The positions were in program production, sales and marketing. Drew Craig, president and CEO of the broadcasting company, said the layoffs are "part of an ongoing review and restructuring of our operations to ensure the stations remain competitive and continue to be in a position to meet all of their local programming commitments." CHUM Limited is currently negotiating to purchase Craig. That deal remains subject to CRTC and other approvals.

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