Canwest Global files for creditor protection

Buried under approximately four billion dollars of debt, Canwest Global Communications Corp., owners of the Global Television Network, specialty channels – MovieTime, DejaView and Fox Sports World – and the National Post newspaper, has successfully filed for bankruptcy protection.

The filing did not include CanWest chain of twelve Canadian daily newspapers and their online operations or its specialty channels acquired from Alliance Atlantis in 2007, TVtropolis, Mystery TV or Men TV.