MONTREAL – Quebecor Media said that Monday’s CRTC decision is only a “partial solution” to what ails the broadcasting industry.
The company said that it “deplores” the Commission’s decision to “tackle the current structural crisis through a scheme that is not based squarely on a rebalancing of the system”, which it called the only solution designed to protect consumers.
“The approach advocated by Quebecor Media would shield consumers from rate hikes by maintaining the total fees paid by cable and satellite service providers at current levels”, the company said in a statement on Wednesday. It proposed a model that would distribute the $1.3 billion rate pie now reserved for the specialty channels amongst all industry players.
The company also called the Commission’s decision on value for signal “a step in the right direction that will help streamline the regulatory framework”.
