TQS finds buyer in film company Remstar

By Glenn Wanamaker

MONTREAL – Quebec film and television production company Remstar Corporation has won the bidding war for the financially troubled TQS television network. TQS’s Board of Directors and the networks’ shareholders announced Monday their approval of Remstar’s offer, shortly after it was accepted by Quebec Superior Court Judge Pierre Journet. The terms and the amount of the offer were not revealed, but Remstar’s co-president and CEO Maxime Rémillard said in a statement that “our business plan will take TQS beyond traditional television broadcasting. That’s how we believe we can best respond to the challenges facing the Quebec television industry.” “We’re very...