-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, CoqU8tHb1pVtkWgAgRfZmMk7skCu2EW3Kznj+xH2zsKq3B9u1JNuYC68v7cBzhxw A1SeP/mvIjitnxLXUwtxzw== 0000950123-04-004545.txt : 20040413 0000950123-04-004545.hdr.sgml : 20040413 20040413135622 ACCESSION NUMBER: 0000950123-04-004545 CONFORMED SUBMISSION TYPE: 6-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20040408 FILED AS OF DATE: 20040413 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CANWEST GLOBAL COMMUNICATIONS CORP CENTRAL INDEX KEY: 0001003565 STANDARD INDUSTRIAL CLASSIFICATION: TELEVISION BROADCASTING STATIONS [4833] IRS NUMBER: 000000000 FISCAL YEAR END: 0831 FILING VALUES: FORM TYPE: 6-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-14148 FILM NUMBER: 04730243 BUSINESS ADDRESS: STREET 1: 3100 TD CENTRE STREET 2: 201 PORTAGE AVE CITY: WINNIPEG MANITOBA STATE: A2 BUSINESS PHONE: 2049562025 MAIL ADDRESS: STREET 1: 1981 MCGILL COLLEGE AVE CITY: MONTREAL STATE: A8 ZIP: H3A 3C7 6-K 1 y96011e6vk.txt CANWEST GLOBAL COMMUNICATIONS CORP. ================================================================================ FORM 6-K SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13A-16 OR 15D-16 OF THE SECURITIES EXCHANGE ACT OF 1934 For the month of April 2004 Commission File Number: 001-14148 CANWEST GLOBAL COMMUNICATIONS CORP. (Translation of registrant's name into English) 3100 TD CENTRE 201 PORTAGE AVENUE WINNIPEG, MANITOBA, CANADA R3B 3L7 (204) 956-2025 (Address of principal executive offices) Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F. Form 20-F Form 40-F X Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): Note: Regulation S-T Rule 101(b)(1) only permits the submission in paper of a Form 6-K if submitted solely to provide an attached annual report to security holders. Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ___________. Note: Regulation S-T Rule 101(b)(7) only permits the submission in paper of a Form 6-K if submitted to furnish a report or other document that the registrant foreign private issuer must furnish and make public under the laws of the jurisdiction in which the registrant is incorporated, domiciled or legally organized (the registrant's "home country"), or under the rules of the home country exchange on which the registrant's securities are traded, as long as the report or other document is not a press release, is not required to be and has not been distributed to the registrant's security holders, and, if discussing a material event, has already been the subject of a Form 6-K submission or other Commission filing on EDGAR. Indicate by check mark whether by furnishing the information contained in this Form the registrant is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934. Yes No X If "Yes" is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82- ================================================================================ SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. CANWEST GLOBAL COMMUNICATIONS CORP. Date: April 13, 2004 By: /s/ JOHN E. MAGUIRE ------------------------------------- John E. Maguire Chief Financial Officer EXHIBIT INDEX
Exhibit Number Description - ------ ----------- 1 CanWest Global Communications Corp. Press Release dated April 6, 2004.
EX-99.1 3 y96011exv99w1.txt PRESS RELEASE (CANWEST GLOBAL LOGO) NEWS RELEASE For Immediate Release April 6, 2004 CANWEST'S AUSTRALIAN OPERATIONS REPORT RECORD RESULTS FOR THE FIRST HALF OF FISCAL 2004 Increase in market share pushes Network TEN's revenues and EBITDA to all-time high WINNIPEG: CanWest Global Communications Corp. announced today that The TEN Group pty Limited, the company which owns its Australian television and out-of-home advertising operations, reported consolidated revenues of A$416 million for the six-month period ended February 29, 2004, an increase of 17% from the A$355 million recorded for the same period last year. EBITDA of A$157 million, was up 37% compared to the A$115 million for the same six-month period last year. CanWest holds a 56.6% economic interest in Network TEN. Nick Falloon, the Executive Chairman of TEN, said "a combination of TEN's rising ad market share, now more than 30%, coupled with a strong television advertising market allowed TEN to achieve these record interim results". Falloon pointed out that TEN's success continues to be built upon its ability to deliver its target demographic of 16 to 39 year old Australians to the country's advertisers. "Also instrumental in TEN's success has been our ability to deliver, in ratings, revenue and production terms, some of the biggest events on Australian television during the first half of the year." TEN's television performance was achieved on a well-balanced program schedule that included big broadcast events such as Big Brother, Australian Idol and the AFL Finals, which have all been ratings and revenue leaders. Television revenue increased by 18% to A$377 million and television EBITDA to A$150 million an increase of 34% over the corresponding period last year. Eye Corp., TEN's out-of-home advertising operation also made significant improvements over the first half of the year. EBITDA grew by more than 160% to A$7 million from less than A$3 million for the corresponding period the previous year. EBITDA performance by Eye Corp. was accomplished on a 4.4% increase in revenue, reflecting its management's success in reducing operating costs and its decisions to exit or restructure unprofitable concessions. Leonard Asper, CanWest's President and CEO, commended the management team at TEN for the stellar performance of the Australian operations over the first half of the fiscal year, again delivering television industry-leading financial results, as well as significant ratings gains in the 25-54 year old demographic, and noted that these excellent results should continue for the balance of the fiscal year. Asper added, "The significant improvement in EBITDA at Eye Corp. shows that the management changes implemented by TEN last year are clearly on the right track." CanWest received distributions in interest and dividends of A$103 million from Network TEN in January of this year. An interim dividend from TEN is expected to be declared in June and paid in July of this year. This news release contains comments or forward-looking statements that are based largely on the Company's current expectations and are subject to certain risks, trends and uncertainties. These factors could cause actual future performance to vary materially from current expectations. The Company may not update or revise any forward-looking statements or comments, whether as a result of new information, future events or otherwise. CanWest Global Communications Corp. (NYSE: CWG; TSX: CGS.S and CGS.A; www.canwestglobal.com) is an international media company. CanWest, Canada's largest publisher of daily newspapers, owns, operates and/or holds substantial interests in newspapers, conventional television, out-of-home advertising, specialty cable channels, radio networks and web sites in Canada, New Zealand, Australia, Ireland and the United Kingdom. The Company's program production and distribution division operates in several countries throughout the world. -30- For further information contact: Geoffrey Elliot Vice President, Corporate Affairs Tel: (204) 956-2025 Fax: (204) 947-9841
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