Bell Media cuts up to 120 employees at its TV operations, blames weak ad sales

A construction worker works on a Bell building in Ottawa on June 26, 2013. THE CANADIAN PRESS/Sean Kilpatrick

June 23, 2014 - 1:52 PM

TORONTO - Bell Media says it plans to cut as many as 120 jobs in Toronto due to "financial pressure" in its advertising and subscription TV services.

The radio and television section of BCE Inc. (TSX:BCE) says it has informed the federal Minister of Labour of the layoffs, which will happen this summer.

Bell Media runs a variety of television channels including the CTV network, CTV Two and the TSN sports networks.

Its speciality channels include The Comedy Network, the MuchMusic channels and MTV.

Earlier in the day, the president of CTV News confirmed that its prime-time current affairs show "Kevin Newman Live" had been cancelled.

A spokesman for Bell says the layoffs are not related.

News from © The Canadian Press, 2014

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