Peter C. Newman's take in Maclean's* on an interesting group of people who were good at buying and acquiring, not so good at managing.
I still believe the breaking up of Canwest into a TV/specialty channel network and at least one newspaper chain would be the best thing to happen to Canadian journalism. The revival of a company like Southam, with a string of large-market top-quality dailies fed by a national news service of the country's best reporters and editors, would be both profitable and good for Canadian democracy.
I also expect this will be the final outcome, one that I've wanted all along.
As for the National Post, I predict (and hope) it will survive as a daily business paper with a bit of news and commentary.
Meanwhile, it's time to let economic nature take its course and for the next generation of media proprietors to step up to the plate.
(*Which I read for free on their web site. Tell me again, how does that make sense?)