Tuesday, August 12, 2014

Kevin O'Leary quits CBC, heads back to BNN

Not together again
Entrepreneurial television tough guy and Rosedale denizen Kevin O'Leary has jumped ship at the CBC to go back to CTV's Business News Network, the  National Post  reports. It leaves the CBC's Lang and O'Leary Exchange with only Amanda Lang still in place. The two made their earliest reputation in business news at BNN and then resigned to join the CBC. In 1999 Mr. Leary sold a software firm, The Learning Company, to Mattel in a $3.8 billion stock swap. TLC did not prosper and deal is often cited as an example of the tech boom folly of many large companies. Over the years, many people snickered at the Lang and O'Leary brand because frequently the program had neither Lang nor O'Leary at their on-air desks. CBC says the program will be re-branded somehow to feature Ms. Lang. She is the daughter of Otto Lang, a Liberal party MP and federal cabinet member during the 1960s and 1970s.  Her stepfather, Donald Stovel Macdonald, was also a federal Cabinet minister.

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