Facebook just spent a billion dollars on a tiny little internet startup called Instagram.
Meanwhile, our own beloved/celebrated/maligned/despised CBC is figuring out how to suffer through a $115 million budget cut.
650 people will lose their jobs at the CBC, and at least 6 programs will be cut.
Instagram, on the other hand, only employs 13 people. They were all just made instant millionaires.
Okay, I get that the trials and tribulations of a national public broadcaster are very different from the success of a private firm that has experienced a high profile aquisition. That’s very much an apples-and-oranges story.
But that’s not the story. The story is us. Continue reading