VANCOUVER – Wow Unlimited Networks has asked the CRTC to grant its proposed acquisition of specialty channel Comedy Gold from Bell Media for $6.87 million.
Wow, a wholly owned subsidiary of Wow Unlimited Media, is also requesting a new broadcasting licence to continue the operation of the service.
It also pledged that in the first broadcast year following the acquisition and in each subsequent broadcast year, it would devote at least 10% of the previous year’s gross annual revenues of the undertaking to the acquisition of or investment in Canadian programming, by condition of licence.
The CRTC will consider the application at a hearing scheduled for May 31 and interventions/comments/answers are due by April 26, 2018.
