-----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, DGQV94amoUz1fl2Fbk60MhsRmX4O5dlajM2A2C97U2c0ZM1k6HqxYHvW9ZEp4oro 1eRad0gMowJZER47rBVBog== 0000950123-06-007947.txt : 20060621 0000950123-06-007947.hdr.sgml : 20060621 20060621172129 ACCESSION NUMBER: 0000950123-06-007947 CONFORMED SUBMISSION TYPE: 6-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20060621 FILED AS OF DATE: 20060621 DATE AS OF CHANGE: 20060621 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: 06917995 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 y22561ae6vk.txt FORM 6-K =============================================================================== 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 June 2006 Commission File Number: 001-14148 ----------------------------------- CANWEST GLOBAL COMMUNICATIONS CORP. (Translation of registrant's name into English) ----------------------------------- 3100 CANWEST GLOBAL PLACE 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: June 21, 2006 By: /s/ JOHN E. MAGUIRE ---------------------------------- John E. Maguire Chief Financial Officer EXHIBIT INDEX Exhibit Number Description - ------- ----------- 1 CanWest Global Communications Corp. Press Release dated June 20, 2006. EX-99.1 2 y22561aexv99w1.txt EX-99.1: PRESS RELEASE [CAMWEST GLOBAL COMMUNICATIONS CORP. LOGO] NEWS RELEASE For Immediate Release June 20, 2006 CANWEST TO RECEIVE A$39.2 MILLION INTERIM DISTRIBUTION CanWest's Australian operations increase ratings during soft advertising market WINNIPEG: CanWest Global Communications Corp. announced today that its Australian media operation, The TEN Group pty Limited (TEN), reported consolidated revenues of A$208.2 million for the quarter ended May 31, 2006, a decrease of 10% from the A$231.8 million recorded in the same quarter last year. TEN's consolidated EBITDA of A$30.3 million was down 50% compared to the A$61.3 million in the previous fiscal year. For the nine months to date, TEN's consolidated revenue was down 7% over the previous year, while its consolidated EBITDA was down 26% over the same period in fiscal 2005. TEN declared a dividend of A$0.075 per share, which will result in aggregate dividend and interest distributions of A$39.2 million being paid to CanWest in July 2006. Including this distribution, CanWest will have received a total of A$102.7 million in distributions from its Australian operations in fiscal 2006. Nick Falloon, TEN's Executive Chairman, said that the results were to be expected. "The Australian TV ad market was short and soft through the first half of the television broadcast year, which began in February, and we expected TEN's first half television advertising share would be down from the previous year. However we believe that this downswing is temporary and that we will return to more normal ad market conditions in the near future." Falloon noted that TEN is better placed than its competitors to reap the benefits of an ad market recovery, due to its excellent ratings gains in all key demographics during the course of this television broadcast year. Tom Strike, President of CanWest MediaWorks International, noted that TEN's results were impacted negatively by the Commonwealth Games which were held in Australia in March 2006, but echoed comments by Mr. Falloon that TEN was positioned for a return to steady revenue growth. "Not only is TEN's business model of tight cost control firmly in place, but Eye Corp., TEN's out-of-home advertising division, is poised for steady growth with the recent announcement of a ten-year deal with the Manchester Airport Group in the U.K." Eye Corp. recently announced that it had been awarded a ten-year deal to manage the advertising concessions for the Manchester Airport Group, which operates airports in Manchester, Nottingham East Midlands and Humberside airports. Eye has recently been awarded similar concessions for Changi Airport in Singapore and the New South Wales Roads and Traffic Authority in Australia. TEN's television schedule continues to score with Australian viewers and is the stand-out ratings performer so far in 2006. TEN's roster of domestic production is the strongest ever, with the anchor Big Brother, now into its sixth season, leading the way. High profile shows such as Jamie's Kitchen Australia, Honey We're Killing the Kids, Australian Idol and the best of the Australian Football League season have yet to launch and bode well for the rest of the Australian television season. These results are in accordance with Australian Equivalents to International Financial Reporting Standards and will be subject to foreign currency translation and adjustment to Canadian GAAP upon consolidation with CanWest's other operations. This news release contains comments or forward-looking statements that are based largely upon 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. (www.canwestglobal.com), an international media company listed on the TSX (trading symbols: CGS and CGS.A) and NYSE (trading symbol: CWG), is Canada's largest media company. CanWest is Canada's largest publisher of daily newspapers, and owns, operates and/or holds substantial interests in free-to-air and subscription-based television networks, out-of-home advertising, web sites, and radio stations and networks in Canada, New Zealand, Australia, Singapore, Malaysia, Indonesia, Turkey, Ireland and the United Kingdom. For further information contact: Geoffrey Elliot Vice President, Corporate Affairs Tel: (204) 956-2025 Fax: (204) 947-9841 -----END PRIVACY-ENHANCED MESSAGE-----