Yellow Media halts dividends, takes $2.9-billion charge | Investing | Financial Post

Yellow Media Inc said it will take a goodwill impairment charge of $2.9 billion in the third quarter and do away with future dividends.

The telephone directory publisher has been struggling to switch from print to the digital medium while managing its debt burden.

The impairment charge is a non-cash item and does not affect its operations, the company said in a statement.

The company and its lenders have agreed to amend the terms of its credit agreement following the rating downgrade.

Yellow Media gets about three-quarters of its revenue from selling advertisements in its Yellow Pages and related business directories, but the number of advertisements in its printed directories has been falling at a fast clip.

Yellow Media shares, which were worth around $14 in late 2007, closed at 59 cents on Tuesday on the Toronto Stock Exchange.

Read More: Yellow Media halts dividends, takes $2.9-billion charge | Investing | Financial Post

CBC Takes Social Media to Heartland with New Facebook App | Mediacaster Magazine - Broadband & Content

CBC has launched a branded Facebook social game, one that includes special coupon offers and other incentives for fans of its popular series Heartland.

Heartland kicks off its 5th season on Sunday, September 18, 2011, and the app- called Heartland Ranch - will let players tend to injured horses and expand their interaction with the main characters from the show.

Building on game mechanics found in other Facebook games, Heartland Ranch incorporates themes and characters from the series. Building on popular social media tolls, the app is expected to trigger viral activity including peer recommendation, invites and gifting among viewers and friends.

Tom Hastings, Creative Head of Drama, CBC says the engagement factor of the game will attract new viewers to the site and the show.

In return, Heartland episodes will now include special codes within the broadcast that viewers can use to unlock special offers, either virtual items or 'real-world' offers.

Read More: CBC Takes Social Media to Heartland with New Facebook App | Mediacaster Magazine - Broadband & Content

Online Media Provider Rdio and Polaris Music Stream Prize Nominees | Mediacaster Magazine - Broadband & Content

Online Media Provider Rdio and Polaris Music Stream Prize Nominees | Mediacaster Magazine - Broadband & Content: A new digital media service celebrating Canadian recorded music and the nominees for this year's Polaris Prize is now live online,

Polaris Music has partnered with on-demand music service Rdio to create the Polaris Record Club, an online showcase of the albums that have made the 2011 Polaris Music Prize Short List.

It gives listeners a chance to hear the nominated albums, with Rdio enabling free full album streaming. The service lets listeners share and interact with friends using social media tools like Twitter.

CBC/Radio-Canada kicks off one-year countdown to 75th anniversary

Ottawa, November 2, 2010 – CBC/Radio-Canada officially kicked off today the one-year countdown to the Corporation’s 75th anniversary.

It was on November 2, 1936, that the Canadian Broadcasting Act replaced the Canadian Radio Broadcasting Commission. Through the Act was created a new crown Corporation: the Canadian Broadcasting Corporation. And with that, a Canadian cultural icon was born.

In CBC’s first broadcast, then Chairman Leonard Brockington told listeners they could expect many new things from their new broadcaster. The Corporation’s governors, he said, have ideas and ideals that are “almost as numerous as apple blossoms in the Annapolis Valley or peach blossoms in the Okanagan.” Today, the Corporation delivers a comprehensive range of radio, television, Internet, and satellite-based services, in multiple languages, from coast-to-coast-to-coast.

GlamMobile launches mobile advertising platform to compete with Apple's iAds - Techvibes.com

GlamMobile launches mobile advertising platform to compete with Apple's iAds - Techvibes.com: GlamMobile is launching a full-scale mobile advertising, content and social platform in North America, with specific partnerships in Canada designed to let brand advertisers reach target audiences on popular portable media devices. The platform comes with GlamEnable, a development tool for publishers who need both a mobile Web presence and in native applications for iOS and Android mobile operating systems.