The Canadian legacy media is up in arms after Elon Musk announced his plan to buy the popular social media platform Twitter for $43 billion.
On Thursday it was revealed that Musk made an offer of $54.20 per share in cash, saying he hoped to unlock the “extraordinary potential” of Twitter should he own it. The offer is 38% over the price as of April 1.
The news came shortly after Musk became the largest shareholder of the company earlier this month.
Musk has been an outspoken critic of Prime Minister Justin Trudeau on Twitter. He has repeatedly tweeted in support of the Freedom Convoy movement and was even forced to take a controversial tweet down which likened the prime minister to Nazi dictator Adolf Hitler.
Reporters and commentators from media outlets including Global News, the Globe and Mail, the Toronto Star and others complained about the deal and pondered taking their content to another platform altogether.
“This isn’t good” says Globe and Mail journalist John Lorinc
CBC senior writer Aaron Wherry says “unpopular ownership” would kill Twitter
Toronto Star columnist Heather Mallick fears Twitter will become “too horrible”
Globe and Mail correspondent asks Canadian media “What are we gonna do?”
Global News reporter Rachel Gilmore complains about Musk TED talk
National Observer reporter calls Musk “rich and so fragile” over bid to buy platform
Canadian cartoonist Michael de Adder compares Musk to the Joker
Musk purchasing Twitter is an “ego thing” says Canadian Geographic reporter
CBC business reporter Meegan Read will move off Twitter if Musk purchase happens